United Kingdom: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in the UK

In 2023, after two years of growth, there was significant decline in the UK wooden frame upholstered seat market, when its value decreased by X% to $X. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2022, and then shrank in the following year.

Production of Upholstered Seats With Wooden Frames in the UK

In value terms, wooden frame upholstered seat production reduced slightly to $X in 2023 estimated in export price. Over the period under review, production showed a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Wooden frame upholstered seat production peaked at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports from the UK

Wooden frame upholstered seat exports from the UK reduced notably to X units in 2023, waning by X% on the year before. Overall, exports, however, posted a measured increase. The growth pace was the most rapid in 2022 when exports increased by X%. The exports peaked at X units in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, wooden frame upholstered seat exports shrank to $X in 2023. Over the period under review, total exports indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Ireland (X units), the United States (X units) and France (X units) were the main destinations of wooden frame upholstered seat exports from the UK, together comprising X% of total exports. Germany, the Netherlands, Italy, Switzerland, Denmark, China, India, Saudi Arabia, Spain and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), the United States ($X) and France ($X) were the largest markets for wooden frame upholstered seat exported from the UK worldwide, together comprising X% of total exports. Germany, the Netherlands, Italy, Switzerland, Denmark, China, India, Saudi Arabia, Spain and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden frame upholstered seat export price stood at $X per unit in 2023, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were Spain ($X per unit) and the United Arab Emirates ($X per unit), while the average price for exports to Denmark ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Wooden Frames

Imports into the UK

After two years of growth, purchases abroad of upholstered seats with wooden frames decreased by X% to X units in 2023. Overall, total imports indicated modest growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at X units in 2022, and then shrank sharply in the following year.

In value terms, wooden frame upholstered seat imports contracted remarkably to $X in 2023. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2022, and then shrank dramatically in the following year.

Imports by Country

In 2023, China (X units) constituted the largest supplier of wooden frame upholstered seat to the UK, accounting for a X% share of total imports. Moreover, wooden frame upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Italy (X% per year).

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

From 2012 to 2023, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Italy (X% per year).

Import Prices by Country

In 2023, the average wooden frame upholstered seat import price amounted to $X per unit, increasing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Spain ($X per unit) and Lithuania ($X per unit), while the price for Malaysia ($X per unit) and Vietnam ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform