Switzerland: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Switzerland

In 2022, the Swiss wooden frame upholstered seat market decreased by -12.8% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Exports of Upholstered Seats With Wooden Frames

Exports from Switzerland

Wooden frame upholstered seat exports from Switzerland rose significantly to X units in 2022, picking up by 12% against the previous year. In general, exports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, wooden frame upholstered seat exports expanded modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a slight descent. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), France (X units) and Italy (X units) were the main destinations of wooden frame upholstered seat exports from Switzerland, with a combined 59% share of total exports. The United States, China, the Netherlands, Austria, South Korea, Belgium, Equatorial Guinea, Spain and the UK lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Equatorial Guinea (with a CAGR of +135,000.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden frame upholstered seat exported from Switzerland were Germany ($X), France ($X) and Italy ($X), together accounting for 59% of total exports. The United States, China, the Netherlands, Austria, South Korea, Belgium, Equatorial Guinea, Spain and the UK lagged somewhat behind, together accounting for a further 29%.

Equatorial Guinea, with a CAGR of +119,793.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden frame upholstered seat export price amounted to $X per unit, waning by -7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24% 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 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($X per unit) and Austria ($X per unit), while the average price for exports to the UK ($X per unit) and Belgium ($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 (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Wooden Frames

Imports into Switzerland

In 2022, purchases abroad of upholstered seats with wooden frames decreased by -18.8% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 113% against the previous year. As a result, imports attained the peak of X units, and then dropped rapidly in the following year.

In value terms, wooden frame upholstered seat imports declined to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Germany (X units), Italy (X units) and Poland (X units) were the main suppliers of wooden frame upholstered seat imports to Switzerland, with a combined 63% share of total imports. China, France, Lithuania, Romania, Bosnia and Herzegovina, Slovakia, Belgium, Austria and Hungary lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +53.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Poland ($X) appeared to be the largest wooden frame upholstered seat suppliers to Switzerland, together comprising 63% of total imports. China, France, Lithuania, Romania, Bosnia and Herzegovina, Slovakia, Belgium, Austria and Hungary lagged somewhat behind, together comprising a further 25%.

Lithuania, with a CAGR of +54.9%, recorded the highest growth rate of 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

In 2022, the average wooden frame upholstered seat import price amounted to $X per unit, growing by 15% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Slovakia ($X per unit) and Lithuania ($X per unit), while the price for Belgium ($X per unit) and Hungary ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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