Switzerland: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in Switzerland

After two years of decline, the Swiss metal frame upholstered seat market increased by 19% to $X in 2021. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Upholstered Seats With Metal Frames

Exports from Switzerland

In 2021, overseas shipments of upholstered seats with metal frames increased by 15% to X units for the first time since 2012, thus ending a eight-year declining trend. In general, exports, however, continue to indicate a abrupt setback. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, metal frame upholstered seat exports reduced slightly to $X in 2021. Overall, exports, however, showed a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for metal frame upholstered seat exports from Switzerland, with a 48% share of total exports. Moreover, metal frame upholstered seat exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. France (X units) ranked third in terms of total exports with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -16.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-10.7% per year) and France (-7.6% per year).

In value terms, Germany ($X) remains the key foreign market for upholstered seats with metal frames exports from Switzerland, comprising 48% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total exports. It was followed by France, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at -12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-6.6% per year) and France (-3.4% per year).

Export Prices by Country

The average metal frame upholstered seat export price stood at $X per unit in 2021, reducing by -13.8% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal frame upholstered seat export price increased by +67.6% against 2014 indices. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. The export price peaked at $X per unit in 2020, and then dropped in the following year.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Japan ($X per unit) and Poland ($X per unit), while the average price for exports to the Netherlands ($X per unit) and Germany ($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 Poland (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Metal Frames

Imports into Switzerland

After two years of decline, purchases abroad of upholstered seats with metal frames increased by 17% to X units in 2021. The total import volume increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 39%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, metal frame upholstered seat imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of metal frame upholstered seat imports to Switzerland, together accounting for 77% of total imports. These countries were followed by Poland, the Netherlands, France, Vietnam, Denmark and Austria, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +11.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal frame upholstered seat suppliers to Switzerland were Germany ($X), China ($X) and Italy ($X), together accounting for 77% of total imports. These countries were followed by Poland, the Netherlands, France, Vietnam, Denmark and Austria, which together accounted for a further 15%.

Vietnam, with a CAGR of +12.3%, recorded 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 metal frame upholstered seat import price stood at $X per unit in 2021, rising by 3.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2016 an increase of 13% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were China ($X per unit) and Germany ($X per unit), while the price for France ($X per unit) and Austria ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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