Europe: Bed-Convertible Seat Market 2024

Bed-Convertible Seat Market Size in Europe

The Europe bed-convertible seat market dropped notably to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then reduced sharply in the following year.

Bed-Convertible Seat Production in Europe

In value terms, bed-convertible seat production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Bed-Convertible Seat Exports

Exports in Europe

In 2022, after three years of growth, there was significant decline in overseas shipments of seats convertible into beds, when their volume decreased by X% to X units. In general, exports faced a sharp reduction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The volume of export peaked at X units in 2021, and then shrank remarkably in the following year.

In value terms, bed-convertible seat exports fell markedly to $X in 2022. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank notably in the following year.

Exports by Country

In 2022, Serbia (X units) and Ukraine (X units) were the key exporters of seats convertible into beds in Europe, together amounting to near X% of total exports. Bosnia and Herzegovina (X units) ranks next in terms of the total exports with a X% share, followed by the UK (X%) and North Macedonia (X%). Switzerland (X units) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for North Macedonia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bed-convertible seat supplying countries in Europe were Ukraine ($X), Serbia ($X) and Bosnia and Herzegovina ($X), together accounting for X% of total exports. The UK, North Macedonia and Switzerland lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, North Macedonia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price enjoyed prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Ukraine ($X per unit), while the UK ($X per unit) was amongst the lowest.

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

Bed-Convertible Seat Imports

Imports in Europe

In 2022, after three years of growth, there was significant decline in purchases abroad of seats convertible into beds, when their volume decreased by X% to X units. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted dramatically in the following year.

In value terms, bed-convertible seat imports contracted dramatically to $X in 2022. Overall, imports faced a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, Switzerland (X units) was the key importer of seats convertible into beds, committing X% of total imports. The UK (X units) took the second position in the ranking, distantly followed by Norway (X units). All these countries together took approx. X% share of total imports. Belarus (X units) and Serbia (X units) took a little share of total imports.

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

In value terms, Switzerland ($X) constitutes the largest market for imported seats convertible into beds in Europe, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Norway, with a X% share.

In Switzerland, bed-convertible seat imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the UK (X% per year) and Norway (X% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, leveling off at the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2015 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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