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

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

The Slovak wooden frame non-upholstered seat market fell sharply to $X in 2022, shrinking by -84.6% against the previous year. Overall, consumption continues to indicate a abrupt shrinkage. Wooden frame non-upholstered seat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Non-Upholstered Seats With Wooden Frames in Slovakia

In value terms, wooden frame non-upholstered seat production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. Wooden frame non-upholstered seat production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Slovakia

Wooden frame non-upholstered seat exports from Slovakia fell sharply to X units in 2022, with a decrease of -19.8% against 2021 figures. Overall, exports saw a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of 61% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports totaled $X in 2022. In general, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2016 with an increase of 63% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Denmark (X units) was the main destination for wooden frame non-upholstered seat exports from Slovakia, with a 38% share of total exports. Moreover, wooden frame non-upholstered seat exports to Denmark exceeded the volume sent to the second major destination, Austria (X units), twofold. The third position in this ranking was held by the Czech Republic (X units), with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Denmark totaled +23.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+6.6% per year) and the Czech Republic (-17.4% per year).

In value terms, Denmark ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Slovakia, comprising 38% of total exports. The second position in the ranking was held by Austria ($X), with a 19% share of total exports. It was followed by the Czech Republic, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Denmark stood at +29.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+12.3% per year) and the Czech Republic (-13.0% per year).

Export Prices by Country

The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, surging by 35% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame non-upholstered seat export price increased by +90.7% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($X per unit) and the UK ($X per unit), while the average price for exports to Switzerland ($X per unit) and Romania ($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 the UK (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Slovakia

In 2022, overseas purchases of non-upholstered seats with wooden frames decreased by -41.5% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2014 with an increase of 46% against the previous year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, wooden frame non-upholstered seat imports declined modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 43% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Vietnam (X units) and Poland (X units) were the main suppliers of wooden frame non-upholstered seat imports to Slovakia, with a combined 50% share of total imports. Indonesia, Germany, Austria, Romania, Ukraine, the Netherlands, Malaysia, India, Italy and the Czech Republic lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +43.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden frame non-upholstered seat suppliers to Slovakia were China ($X), Vietnam ($X) and Poland ($X), with a combined 50% share of total imports. Indonesia, Germany, Austria, Romania, Ukraine, the Netherlands, Malaysia, India, Italy and the Czech Republic lagged somewhat behind, together comprising a further 25%.

India, with a CAGR of +54.3%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 wooden frame non-upholstered seat import price stood at $X per unit in 2022, rising by 69% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the Czech Republic ($X per unit) and India ($X per unit), while the price for Austria ($X per unit) and Malaysia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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