Sweden: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in Sweden

The Swedish metal frame upholstered seat market skyrocketed to $X in 2021, picking up by 47% against the previous year. In general, consumption continues to indicate a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Upholstered Seats With Metal Frames in Sweden

In value terms, metal frame upholstered seat production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by 24% against the previous year. Metal frame upholstered seat production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Upholstered Seats With Metal Frames

Exports from Sweden

In 2021, overseas shipments of upholstered seats with metal frames increased by 24% to X units, rising for the fourth consecutive year after three years of decline. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +65.0% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Norway (X units) was the main destination for metal frame upholstered seat exports from Sweden, with a 23% share of total exports. Moreover, metal frame upholstered seat exports to Norway exceeded the volume sent to the second major destination, Finland (X units), twofold. The third position in this ranking was held by the United States (X units), with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+7.3% per year) and the United States (+12.8% per year).

In value terms, Norway ($X) remains the key foreign market for upholstered seats with metal frames exports from Sweden, comprising 23% of total exports. The second position in the ranking was taken by Finland ($X), with an 11% share of total exports. It was followed by the United States, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+7.6% per year) and the United States (+13.2% per year).

Export Prices by Country

In 2021, the average metal frame upholstered seat export price amounted to $X per unit, falling by -9.6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 22% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Australia ($X per unit) and the Netherlands ($X per unit), while the average price for exports to the United States ($X per unit) and Finland ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Metal Frames

Imports into Sweden

Metal frame upholstered seat imports into Sweden soared to X units in 2021, with an increase of 45% against the previous year. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat imports soared to $X in 2021. Over the period under review, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal frame upholstered seat to Sweden, accounting for a 64% share of total imports. Moreover, metal frame upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X units), eightfold. Poland (X units) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+7.3% per year) and Poland (+1.5% per year).

In value terms, China ($X) constituted the largest supplier of upholstered seats with metal frames to Sweden, comprising 64% of total imports. The second position in the ranking was taken by Denmark ($X), with an 8.3% share of total imports. It was followed by Poland, with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+8.4% per year) and Poland (+2.5% per year).

Import Prices by Country

In 2021, the average metal frame upholstered seat import price amounted to $X per unit, growing by 3.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2016 an increase of 13%. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from China ($X per unit) and Denmark ($X per unit), while the price for Indonesia ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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