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

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

After two years of decline, the Romanian wooden frame non-upholstered seat market increased by 2.4% to $X in 2022. In general, consumption continues to indicate a pronounced downturn. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Upholstered Seats With Wooden Frames in Romania

In value terms, wooden frame non-upholstered seat production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Romania

In 2022, approx. X units of non-upholstered seats with wooden frames were exported from Romania; shrinking by -6.8% compared with 2021 figures. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports reached $X in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for wooden frame non-upholstered seat exports from Romania, accounting for a 25% share of total exports. Moreover, wooden frame non-upholstered seat exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.7% per year) and Germany (+0.6% per year).

In value terms, the Netherlands ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Romania, comprising 25% of total exports. The second position in the ranking was taken by the United States ($X), with an 11% share of total exports. It was followed by Germany, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+10.7% per year) and Germany (+2.4% per year).

Export Prices by Country

The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, growing by 8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Turkey ($X per unit) and the Netherlands ($X per unit), while the average price for exports to the Czech Republic ($X per unit) and China ($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 Turkey (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Romania

After seven years of growth, supplies from abroad of non-upholstered seats with wooden frames decreased by -27.4% to X units in 2022. Over the period under review, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of X units, and then contracted remarkably in the following year.

In value terms, wooden frame non-upholstered seat imports skyrocketed to $X in 2022. Overall, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2018 when imports increased by 49% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Poland (X units), Vietnam (X units) and Bulgaria (X units) were the main suppliers of wooden frame non-upholstered seat imports to Romania, together comprising 66% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +38.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden frame non-upholstered seat suppliers to Romania were Poland ($X), Vietnam ($X) and Bulgaria ($X), together accounting for 66% of total imports.

Bulgaria, with a CAGR of +42.5%, recorded the highest rates of growth with regard to 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

In 2022, the average wooden frame non-upholstered seat import price amounted to $X per unit, jumping by 62% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price attained 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 Indonesia ($X per unit) and Turkey ($X per unit), while the price for Italy ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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