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

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

In 2022, after two years of growth, there was significant decline in the Norwegian wooden frame non-upholstered seat market, when its value decreased by -18.5% to $X. In general, consumption saw a deep contraction. Wooden frame non-upholstered seat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Upholstered Seats With Wooden Frames in Norway

In value terms, wooden frame non-upholstered seat production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 0.5%. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Norway

In 2022, shipments abroad of non-upholstered seats with wooden frames decreased by -17.4% to X units for the first time since 2016, thus ending a five-year rising trend. Overall, exports, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 89% against the previous year. As a result, the exports reached the peak of X units, and then reduced sharply in the following year.

In value terms, wooden frame non-upholstered seat exports contracted to $X in 2022. Over the period under review, exports, however, posted a strong increase. The growth pace was the most rapid in 2020 with an increase of 220%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Sweden (X units) was the main destination for wooden frame non-upholstered seat exports from Norway, accounting for a 73% share of total exports. Moreover, wooden frame non-upholstered seat exports to Sweden exceeded the volume sent to the second major destination, Singapore (X units), sixfold. Denmark (X units) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+45.2% per year) and Denmark (+11.4% per year).

In value terms, Singapore ($X), Sweden ($X) and Denmark ($X) constituted the largest markets for wooden frame non-upholstered seat exported from Norway worldwide, with a combined 82% share of total exports.

Among the main countries of destination, Singapore, with a CAGR of +45.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, surging by 14% against the previous year. Over the period under review, the export price posted a moderate expansion. The pace of growth was the most pronounced in 2020 an increase of 122% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+27.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Norway

In 2022, the amount of non-upholstered seats with wooden frames imported into Norway shrank markedly to X units, which is down by -26.8% on the previous year's figure. Overall, imports showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, wooden frame non-upholstered seat imports fell notably to $X in 2022. Over the period under review, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of wooden frame non-upholstered seat to Norway, with a 40% share of total imports. Moreover, wooden frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold. Romania (X units) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+3.5% per year) and Romania (-6.9% per year).

In value terms, the largest wooden frame non-upholstered seat suppliers to Norway were China ($X), Denmark ($X) and Indonesia ($X), with a combined 49% share of total imports. Lithuania, Romania, Vietnam, Sweden, Poland, Latvia, Bulgaria, Estonia, the Netherlands and Thailand lagged somewhat behind, together accounting for a further 39%.

Among the main suppliers, Latvia, with a CAGR of +25.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden frame non-upholstered seat import price amounted to $X per unit, increasing by 13% against the previous year. In general, the import price enjoyed a resilient expansion. The growth pace was the most rapid in 2020 an increase of 38% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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