Ukraine: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in Ukraine

For the third year in a row, the Ukrainian metal frame upholstered seat market recorded growth in sales value, which increased by 0.2% to $X in 2021. The market value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Upholstered Seats With Metal Frames in Ukraine

In value terms, metal frame upholstered seat production reduced to $X in 2021 estimated in export price. In general, the total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.5% against 2017 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 53% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Upholstered Seats With Metal Frames

Exports from Ukraine

In 2021, overseas shipments of upholstered seats with metal frames increased by 44% to X units, rising for the fifth consecutive year after four years of decline. Overall, exports, however, continue to indicate a perceptible setback. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, metal frame upholstered seat exports surged to $X in 2021. Over the period under review, exports recorded temperate growth. The growth pace was the most rapid in 2018 with an increase of 38%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Poland (X units) was the main destination for metal frame upholstered seat exports from Ukraine, accounting for a 78% share of total exports. Moreover, metal frame upholstered seat exports to Poland exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The third position in this ranking was held by Uzbekistan (X units), with a 1.9% share.

From 2012 to 2021, the average annual growth rate of volume to Poland stood at +77.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.0% per year) and Uzbekistan (+41.5% per year).

In value terms, Poland ($X) remains the key foreign market for upholstered seats with metal frames exports from Ukraine, comprising 78% of total exports. The second position in the ranking was taken by Germany ($X), with a 3.3% share of total exports. It was followed by Uzbekistan, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value to Poland totaled +87.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.8% per year) and Uzbekistan (+49.6% per year).

Export Prices by Country

The average metal frame upholstered seat export price stood at $X per unit in 2021, falling by -10.5% against the previous year. Overall, the export price, however, saw a resilient increase. The growth pace was the most rapid in 2016 an increase of 46%. The export price peaked at $X per unit in 2020, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Azerbaijan ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Metal Frames

Imports into Ukraine

In 2021, overseas purchases of upholstered seats with metal frames increased by 22% to X units, rising for the sixth year in a row after three years of decline. In general, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2018 when imports increased by 101%. Over the period under review, imports attained the maximum 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. Overall, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of 68%. Over the period under review, imports hit record highs in 2021 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 Ukraine, with a 59% share of total imports. Moreover, metal frame upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. Poland (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.5% per year) and Poland (+23.6% per year).

In value terms, China ($X) constituted the largest supplier of upholstered seats with metal frames to Ukraine, comprising 72% of total imports. The second position in the ranking was held by Italy ($X), with a 6.9% share of total imports. It was followed by Vietnam, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.9% per year) and Vietnam (+45.6% per year).

Import Prices by Country

The average metal frame upholstered seat import price stood at $X per unit in 2021, rising by 4.6% against the previous year. Over the period under review, the import price saw a mild expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 17% 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.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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