Switzerland: Bed-Convertible Seat Market 2024

Bed-Convertible Seat Market Size in Switzerland

The Swiss bed-convertible seat market expanded significantly to $X in 2021, with an increase of 6.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +52.6% against 2015 indices. Bed-convertible seat consumption peaked in 2021 and is expected to retain growth in the immediate term.

Bed-Convertible Seat Exports

Exports from Switzerland

In 2021, shipments abroad of seats convertible into beds increased by 12% to X units, rising for the third consecutive year after two years of decline. In general, exports recorded a resilient expansion. The growth pace was the most rapid in 2019 when exports increased by 131%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, bed-convertible seat exports surged to $X in 2021. Over the period under review, exports saw a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of 82% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for bed-convertible seat exports from Switzerland, accounting for a 69% share of total exports. Moreover, bed-convertible seat exports to Germany exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. The third position in this ranking was held by France (X units), with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+12.4% per year) and France (+9.4% per year).

In value terms, Germany ($X) remains the key foreign market for seats convertible into beds exports from Switzerland, comprising 70% of total exports. The second position in the ranking was taken by the United States ($X), with a 6.5% share of total exports. It was followed by France, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+14.0% per year) and France (+10.9% per year).

Export Prices by Country

In 2021, the average bed-convertible seat export price amounted to $X per unit, with an increase of 9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, the countries with the highest prices were Italy ($X per unit) and Austria ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Bed-Convertible Seat Imports

Imports into Switzerland

In 2021, the amount of seats convertible into beds imported into Switzerland soared to X units, picking up by 17% on 2020 figures. The total import volume increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bed-convertible seat imports totaled $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.2% against 2015 indices. The growth pace was the most rapid in 2013 with an increase of 31%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X units), Germany (X units) and the Czech Republic (X units) were the main suppliers of bed-convertible seat imports to Switzerland, with a combined 77% share of total imports. These countries were followed by China, Italy, Romania, Slovenia and France, which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +184.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bed-convertible seat suppliers to Switzerland were Poland ($X), Germany ($X) and the Czech Republic ($X), together comprising 77% of total imports. China, Italy, Romania, Slovenia and France lagged somewhat behind, together accounting for a further 17%.

Slovenia, with a CAGR of +181.3%, saw the highest growth rate of 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

The average bed-convertible seat import price stood at $X per unit in 2021, reducing by -11.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2013 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2020, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were France ($X per unit) and Romania ($X per unit), while the price for Poland ($X per unit) and the Czech Republic ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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