Upholstered metal-frame seats market in Finland

Earlier Report Observations

The market for upholstered metal-frame seats in Finland, measured in thousand USD, experienced notable fluctuations between 2018 and 2024. After a period of relative stability from 2018 to 2020, with market size hovering between 36 000 and 37 300 thousand USD, a significant expansion occurred in 2021. The market value surged by 16% to 41 663 thousand USD that year, driven primarily by a sharp increase in imports, which rose by 23% to 37 541 thousand USD.

Growth continued into 2022, with the market reaching a peak of 45 878 thousand USD, a 10% increase from the previous year, as imports climbed further to 42 023 thousand USD. This trend reversed dramatically in 2023, when the market contracted by 29% to 32 510 thousand USD, coinciding with a steep drop in imports. A partial recovery followed in 2024, with the market rising 12% to 36 282 thousand USD. Over the seven-year period, domestic production declined steadily from 10 101 thousand USD to 8 207 thousand USD.

Production upholstered metal-frame seats in Finland

In value, 2017-2020, K $ US

Finland's production of upholstered metal-frame seats declined for the second year in a row. In 2020, output was valued at 8 331 K $ US, representing an 8.8% decrease compared to 2019. Over the 2017-2020 period, production fell by 17.5%, with an average annual decline of 6.2%. The largest drop occurred in 2019 at 9.5%, while 2018 saw no change with a 0.0% increase.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

In kind, 2017-2020, unit

In 2020, Finland produced 59 795 units of upholstered metal-frame seats, a modest increase of 1.7% from 2019. Over the 2017-2020 period, production grew by 23.9%, averaging 7.4% per year. The highest output was recorded in 2018 at 65 544 units. The largest decline occurred in 2019 at 10.3%, while the biggest increase was in 2018 at 35.8%.

Annual dynamics of production in Finland in kind, 2017-2020, unit

Exports upholstered metal-frame seats from Finland

Exports in kind, unit

The market showed significant volatility during these years. The lowest export volume was in 2018 at 21 267 units, while the highest was in 2019 at 1 996 172 units, representing a 94-fold difference. In 2020, exports from Finland stood at 1 491 586 units, a 25.3% decrease from 2019. The largest increase was recorded in 2019 at 9,286.2%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, unit

From 2017 to 2020, Finland's exports of upholstered metal-frame seats were not heavily concentrated in a few markets. Sweden accounted for 20.4% of exports, Estonia for 17.3%, and Russia for 12.4%, together making up 50.0% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Finland in kind, 2017-2020

Exports in value, K $ US

Finland's exports of upholstered metal-frame seats declined for the third consecutive year. In 2020, exports were valued at 2 750 K $ US, a significant 16.9% drop from 2019. Between 2017 and 2020, exports decreased by 21.1%, equivalent to an average annual decline of 7.6%.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Between 2017 and 2020, Finland's exports in value terms were widely distributed across partner countries. Sweden represented 20.5% of exports, Estonia 16.3%, and Russia 10.4%, together accounting for 47.2% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports upholstered metal-frame seats to Finland

Imports in kind, unit

Import volumes showed an unstable trend throughout the period. The lowest level was in 2018 at 3 794 299 units, while the peak was in 2019 at 14 671 896 units, a 3.9-fold increase. In 2020, imports totaled 10 367 082 units, down 29.3% from the previous year. The largest increase occurred in 2019 at 286.7%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, unit

Structure of product's imports in kind by countries, 2017-2020

Imports in value, K $ US

After two years of growth, Finland's imports of upholstered metal-frame seats declined. In 2020, imports were valued at 30 467 K $ US, a 2.5% decrease from 2019. Between 2017 and 2020, imports increased by 5.9%, averaging 1.9% per year. The highest value was recorded in 2019 at 31 251 K $ US, with the largest increase in 2018 at 6.0%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

From 2017 to 2020, China was the largest supplier of upholstered metal-frame seats to Finland, accounting for 37.6% of imports in value terms. Sweden followed with 19.6%, and Italy with 10.2%, together making up 67.5% of total imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020