Overview of the Global Market for Non-Upholstered Seats With Metal Frames

Market Size for Non-Upholstered Seats With Metal Frames

In 2021, the global metal frame non-upholstered seat market increased by 4.8% to $X, rising for the fifth year in a row after four years of decline. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when the market value increased by 9.4% against the previous year. Over the period under review, the global market hit record highs in 2021 and is expected to retain growth in the immediate term.

Production of Non-Upholstered Seats With Metal Frames

In value terms, metal frame non-upholstered seat production fell modestly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 16% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Non-Upholstered Seats With Metal Frames

Exports

In 2021, global metal frame non-upholstered seat exports soared to X units, increasing by 29% on the previous year. In general, exports posted pronounced growth. The most prominent rate of growth was recorded in 2018 when exports increased by 220%. The global exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, metal frame non-upholstered seat exports soared to $X in 2021. The total export value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, amounting to X units, which was near 83% of total exports in 2021. The following exporters - the Netherlands (X units), Vietnam (X units) and Germany (X units) - each resulted at a 5.4% share of total exports.

Exports from China increased at an average annual rate of +4.2% from 2012 to 2021. At the same time, Vietnam (+16.1%), the Netherlands (+12.1%) and Germany (+3.5%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +16.1% from 2012-2021. From 2012 to 2021, the share of China decreased by -2.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal frame non-upholstered seat supplier worldwide, comprising 63% of global exports. The second position in the ranking was held by Vietnam ($X), with a 5.7% share of global exports. It was followed by the Netherlands, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +3.7%. In the other countries, the average annual rates were as follows: Vietnam (+14.8% per year) and the Netherlands (+10.5% per year).

Export Prices by Country

The average metal frame non-upholstered seat export price stood at $X per unit in 2021, picking up by 8.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 96% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.1%), while the other global leaders experienced a decline in the export price figures.

Imports of Non-Upholstered Seats With Metal Frames

Imports

Global metal frame non-upholstered seat imports soared to X units in 2021, picking up by 35% compared with 2020 figures. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +66.4% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame non-upholstered seat imports skyrocketed to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the largest importer of non-upholstered seats with metal frames in the world, with the volume of imports recording X units, which was approx. 35% of total imports in 2021. Germany (X units) ranks second in terms of the total imports with an 8.3% share, followed by the Netherlands (5.1%) and France (4.6%). The following importers - the UK (X units), Canada (X units), Japan (X units), Poland (X units), Belgium (X units), Spain (X units), South Korea (X units), Italy (X units) and Australia (X units) - together made up 23% of total imports.

From 2012 to 2021, average annual rates of growth with regard to metal frame non-upholstered seat imports into the United States stood at +5.7%. At the same time, Poland (+21.5%), South Korea (+17.1%), the UK (+11.4%), the Netherlands (+7.7%), Spain (+6.3%), Germany (+5.8%), Belgium (+4.9%), France (+4.8%), Canada (+4.8%), Italy (+4.6%), Japan (+2.1%) and Australia (+1.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +21.5% from 2012-2021. The United States (+1.8 p.p.), Poland (+1.8 p.p.) and the UK (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported non-upholstered seats with metal frames worldwide, comprising 35% of global imports. The second position in the ranking was held by Germany ($X), with a 9% share of global imports. It was followed by the Netherlands, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +4.8%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+6.4% per year) and the Netherlands (+8.4% per year).

Import Prices by Country

The average metal frame non-upholstered seat import price stood at $X per unit in 2021, growing by 3.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 16%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+5.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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