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

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

In 2022, the Portuguese wooden frame non-upholstered seat market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption saw a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Non-Upholstered Seats With Wooden Frames in Portugal

In value terms, wooden frame non-upholstered seat production soared to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild setback. Wooden frame non-upholstered seat production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Portugal

In 2022, exports of non-upholstered seats with wooden frames from Portugal reduced remarkably to X units, which is down by -45.6% against the previous year. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 65% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden frame non-upholstered seat exports fell notably to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 106%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X units), the United States (X units) and France (X units) were the main destinations of wooden frame non-upholstered seat exports from Portugal, with a combined 63% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +24.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden frame non-upholstered seat exported from Portugal were Spain ($X), the United States ($X) and France ($X), together accounting for 61% of total exports.

The United States, with a CAGR of +35.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, increasing by 56% against the previous year. In general, the export price saw a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Switzerland ($X per unit) and Canada ($X per unit), while the average price for exports to Angola ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Portugal

In 2022, overseas purchases of non-upholstered seats with wooden frames decreased by -13.1% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 39% against the previous year. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, wooden frame non-upholstered seat imports soared to $X in 2022. In general, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of 39%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Spain (X units) constituted the largest supplier of wooden frame non-upholstered seat to Portugal, with a 37% share of total imports. Moreover, wooden frame non-upholstered seat imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was taken by China (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+31.5% per year) and China (+12.9% per year).

In value terms, Spain ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Portugal, comprising 37% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+36.1% per year) and China (+16.9% per year).

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, jumping by 43% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($X per unit) and Belgium ($X per unit), while the price for the Czech Republic ($X per unit) and Indonesia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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