Eastern Europe: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Eastern Europe

The East European wooden frame upholstered seat market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Upholstered Seats With Wooden Frames in Eastern Europe

In value terms, wooden frame upholstered seat production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2021, and then declined modestly in the following year.

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Exports of Upholstered Seats With Wooden Frames

Exports in Eastern Europe

In 2022, after three years of growth, there was decline in overseas shipments of upholstered seats with wooden frames, when their volume decreased by X% to X units. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then contracted in the following year.

In value terms, wooden frame upholstered seat exports reduced slightly to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Poland represented the largest exporting country with an export of about X units, which resulted at X% of total exports. Romania (X units) ranks second in terms of the total exports with a X% share, followed by Lithuania (X%). The following exporters - Slovakia (X units) and Hungary (X units) - each accounted for a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wooden frame upholstered seat exports from Poland stood at X%. At the same time, Romania (X%), Lithuania (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Slovakia experienced a relatively flat trend pattern. Romania (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total exports, while Slovakia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest wooden frame upholstered seat supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

In Poland, wooden frame upholstered seat exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Romania ($X per unit) was amongst the lowest.

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

Imports of Upholstered Seats With Wooden Frames

Imports in Eastern Europe

After two years of growth, overseas purchases of upholstered seats with wooden frames decreased by X% to X units in 2022. Over the period under review, imports, however, enjoyed a perceptible expansion. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then contracted significantly in the following year.

In value terms, wooden frame upholstered seat imports declined to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Russia (X units), Poland (X units) and the Czech Republic (X units) represented roughly X% of total imports in 2022. Romania (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Slovakia (X%), Hungary (X%) and Bulgaria (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden frame upholstered seat importing markets in Eastern Europe were Russia ($X), the Czech Republic ($X) and Poland ($X), together comprising X% of total imports. Romania, Slovakia, Hungary and Bulgaria lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Russia ($X per unit) and the Czech Republic ($X per unit), while Hungary ($X per unit) and Bulgaria ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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