Norway: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Norway

The Norwegian wooden frame upholstered seat market shrank dramatically to $X in 2022, which is down by -37% against the previous year. In general, consumption saw a noticeable setback. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Production of Upholstered Seats With Wooden Frames in Norway

In value terms, wooden frame upholstered seat production dropped notably to $X in 2022 estimated in export price. In general, production showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 42% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports from Norway

In 2022, approx. X units of upholstered seats with wooden frames were exported from Norway; with a decrease of -14.9% compared with the year before. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wooden frame upholstered seat exports dropped dramatically to $X in 2022. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), the United States (X units) and the UK (X units) were the main destinations of wooden frame upholstered seat exports from Norway, together accounting for 52% of total exports. Denmark, France, Sweden, China, Australia, Switzerland, Japan, Belgium, Austria and the Netherlands lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +7.9%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Germany ($X) and the UK ($X) appeared to be the largest markets for wooden frame upholstered seat exported from Norway worldwide, together accounting for 58% of total exports. France, Denmark, China, Sweden, Australia, Japan, Switzerland, Belgium, Austria and the Netherlands lagged somewhat behind, together accounting for a further 34%.

China, with a CAGR of +5.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average wooden frame upholstered seat export price amounted to $X per unit, declining by -3.1% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 6.1%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Sweden ($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 Japan (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Wooden Frames

Imports into Norway

In 2022, the amount of upholstered seats with wooden frames imported into Norway contracted remarkably to X units, which is down by -17.7% against the previous year's figure. In general, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2014 with an increase of 7.3% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wooden frame upholstered seat imports fell to $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

Lithuania (X units), China (X units) and Poland (X units) were the main suppliers of wooden frame upholstered seat imports to Norway, with a combined 78% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +6.2%), while imports for the other leaders experienced a decline.

In value terms, the largest wooden frame upholstered seat suppliers to Norway were Lithuania ($X), Poland ($X) and China ($X), together comprising 72% of total imports.

In terms of the main suppliers, Lithuania, with a CAGR of +6.6%, 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 a decline.

Import Prices by Country

In 2022, the average wooden frame upholstered seat import price amounted to $X per unit, surging by 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2021 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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