Serbia: Market for Non-Upholstered Seats With Wooden Frames 2024

Market Size for Non-Upholstered Seats With Wooden Frames in Serbia

The Serbian wooden frame non-upholstered seat market dropped significantly to $X in 2022, shrinking by X% against the previous year. In general, consumption showed a sharp decline. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Non-Upholstered Seats With Wooden Frames in Serbia

In value terms, wooden frame non-upholstered seat production soared to $X in 2022 estimated in export price. Overall, production recorded a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Wooden frame non-upholstered seat production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Serbia

In 2022, the amount of non-upholstered seats with wooden frames exported from Serbia soared to X units, picking up by X% against 2021 figures. In general, total exports indicated a prominent increase from 2012 to 2022: its volume 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 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wooden frame non-upholstered seat exports soared to $X in 2022. Over the period under review, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Belgium (X units) was the main destination for wooden frame non-upholstered seat exports from Serbia, accounting for a X% share of total exports. Moreover, wooden frame non-upholstered seat exports to Belgium exceeded the volume sent to the second major destination, France (X units), twofold. Bosnia and Herzegovina (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Belgium ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Serbia, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Serbia

In 2022, after three years of growth, there was significant decline in overseas purchases of non-upholstered seats with wooden frames, when their volume decreased by X% to X units. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume 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 2018 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2021, and then dropped in the following year.

In value terms, wooden frame non-upholstered seat imports reduced to $X in 2022. Overall, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of wooden frame non-upholstered seat to Serbia, accounting for a X% share of total imports. Moreover, wooden frame non-upholstered seat imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Serbia, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, approximately reflecting the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price 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, wooden frame non-upholstered seat import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per unit) and the Czech Republic ($X per unit), while the price for Malaysia ($X per unit) and Vietnam ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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