Norway: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in Norway

For the third consecutive year, the Norwegian metal frame non-upholstered seat market recorded growth in sales value, which increased by 17% to $X in 2021. The market value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Non-Upholstered Seats With Metal Frames in Norway

In value terms, metal frame non-upholstered seat production declined to $X in 2021 estimated in export price. Over the period under review, production, however, showed a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 37%. Metal frame non-upholstered seat production peaked at $X in 2020, and then declined in the following year.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Norway

For the third year in a row, Norway recorded decline in overseas shipments of non-upholstered seats with metal frames, which decreased by -19.6% to X units in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 52%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, metal frame non-upholstered seat exports skyrocketed to $X in 2021. Overall, exports, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2015 with an increase of 63% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units) was the main destination for metal frame non-upholstered seat exports from Norway, with a 82% share of total exports. Moreover, metal frame non-upholstered seat exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden stood at +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-6.5% per year) and Poland (+59.7% per year).

In value terms, Sweden ($X) remains the key foreign market for non-upholstered seats with metal frames exports from Norway, comprising 72% of total exports. The second position in the ranking was taken by Denmark ($X), with a 4.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Sweden amounted to +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-7.4% per year) and Poland (+37.5% per year).

Export Prices by Country

The average metal frame non-upholstered seat export price stood at $X per unit in 2021, with an increase of 64% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal frame non-upholstered seat export price increased by +94.7% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+6.4%), while the prices for the other major destinations experienced a decline.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Norway

In 2021, overseas purchases of non-upholstered seats with metal frames increased by 2.4% to X units, rising for the second consecutive year after two years of decline. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 8.9%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal frame non-upholstered seat imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest metal frame non-upholstered seat supplier to Norway, with a 73% share of total imports. Moreover, metal frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), ninefold. Sweden (X units) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+11.1% per year) and Sweden (-15.4% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with metal frames to Norway, comprising 64% of total imports. The second position in the ranking was taken by Sweden ($X), with an 8.6% share of total imports. It was followed by Vietnam, with a 6.4% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-5.9% per year) and Vietnam (+7.9% per year).

Import Prices by Country

The average metal frame non-upholstered seat import price stood at $X per unit in 2021, rising by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :