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

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

For the third consecutive year, the Slovene wooden frame non-upholstered seat market recorded growth in sales value, which increased by 110% to $X in 2022. In general, consumption enjoyed a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Non-Upholstered Seats With Wooden Frames in Slovenia

In value terms, wooden frame non-upholstered seat production soared to $X in 2022 estimated in export price. Overall, production showed a prominent expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 63%. Over the period under review, production hit record highs in 2022 and is likely to continue growth in years to come.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Slovenia

In 2022, after two years of growth, there was significant decline in overseas shipments of non-upholstered seats with wooden frames, when their volume decreased by -27.3% to X units. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports declined to $X in 2022. In general, exports showed a mild slump. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units), the UK (X units) and the United States (X units) were the main destinations of wooden frame non-upholstered seat exports from Slovenia, together comprising 49% of total exports. China, South Korea, Denmark, Japan, Germany, Italy, Croatia, France, Canada and Austria lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +166.1%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the UK ($X) and the United States ($X) were the largest markets for wooden frame non-upholstered seat exported from Slovenia worldwide, together accounting for 49% of total exports. China, South Korea, Denmark, Japan, Germany, Italy, Croatia, France, Canada and Austria lagged somewhat behind, together comprising a further 45%.

Among the main countries of destination, South Korea, with a CAGR of +189.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, picking up by 29% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 +76.1% against 2019 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 foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($X per unit) and Italy ($X per unit), while the average price for exports to China ($X per unit) and Austria ($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 South Korea (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Slovenia

In 2022, after three years of growth, there was significant decline in purchases abroad of non-upholstered seats with wooden frames, when their volume decreased by -26% to X units. Overall, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of X units, and then declined remarkably in the following year.

In value terms, wooden frame non-upholstered seat imports stood at $X in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Italy (X units) constituted the largest wooden frame non-upholstered seat supplier to Slovenia, accounting for a 35% share of total imports. Moreover, wooden frame non-upholstered seat imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X units), threefold. The third position in this ranking was taken by Vietnam (X units), with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+23.9% per year) and Vietnam (-4.4% per year).

In value terms, Italy ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Slovenia, comprising 35% of total imports. The second position in the ranking was held by Austria ($X), with a 14% share of total imports. It was followed by Vietnam, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+28.3% per year) and Vietnam (-1.0% per year).

Import Prices by Country

In 2022, the average wooden frame non-upholstered seat import price amounted to $X per unit, picking up by 36% 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 countries with the highest prices were Denmark ($X per unit) and Croatia ($X per unit), while the price for Romania ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform