Norway: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in Norway

The Norwegian metal frame upholstered seat market surged to $X in 2021, increasing by 31% against the previous year. The market value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Upholstered Seats With Metal Frames in Norway

In value terms, metal frame upholstered seat production expanded sharply to $X in 2021 estimated in export price. In general, production saw a precipitous descent. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Upholstered Seats With Metal Frames

Exports from Norway

In 2021, overseas shipments of upholstered seats with metal frames increased by 8.3% to X units, rising for the third consecutive year after three years of decline. Over the period under review, total exports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +104.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 80% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, metal frame upholstered seat exports soared to $X in 2021. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 59% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden (X units), Germany (X units) and Denmark (X units) were the main destinations of metal frame upholstered seat exports from Norway, with a combined 71% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +16.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for upholstered seats with metal frames exports from Norway, comprising 38% of total exports. The second position in the ranking was taken by Sweden ($X), with a 13% share of total exports. It was followed by Denmark, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+1.2% per year) and Denmark (-2.0% per year).

Export Prices by Country

In 2021, the average metal frame upholstered seat export price amounted to $X per unit, growing by 11% against the previous year. Overall, the export price, however, saw a noticeable reduction. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Sweden ($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 Uruguay (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Upholstered Seats With Metal Frames

Imports into Norway

In 2021, approx. X units of upholstered seats with metal frames were imported into Norway; with an increase of 22% compared with the year before. In general, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +91.1% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat imports soared to $X in 2021. The total import value increased at an average annual rate of +5.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable 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 upholstered seat supplier to Norway, accounting for a 70% share of total imports. Moreover, metal frame upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), eightfold. The third position in this ranking was taken by Sweden (X units), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+6.7% per year) and Sweden (-4.2% per year).

In value terms, China ($X), Sweden ($X) and Poland ($X) were the largest metal frame upholstered seat suppliers to Norway, together accounting for 68% of total imports. These countries were followed by Lithuania, Denmark, Vietnam, Italy and Germany, which together accounted for a further 22%.

Vietnam, with a CAGR of +39.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal frame upholstered seat import price stood at $X per unit in 2021, rising by 8.3% against the previous year. Over the period under review, the import price, however, recorded a pronounced setback. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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