Upholstered metal-frame seats market in Greece

Earlier Report Observations

The market for upholstered metal-frame seats in Greece saw its value more than double from 6.9 million to 18.5 million US dollars between 2018 and 2024. This expansion was largely supported by a sustained increase in import value, which rose from 8.0 million to 23.5 million US dollars over the period.

Domestic production value fluctuated, declining in 2020 before recovering to a peak of 1.3 million US dollars in 2022. Concurrently, export value grew steadily, with a notable jump to 6.3 million US dollars in 2023, which temporarily moderated the overall market size that year.

The market reached its highest value in 2024 at 18.5 million US dollars, as import growth accelerated significantly, offsetting a moderate decline in production and a slight drop in exports compared to the previous year.

Production upholstered metal-frame seats in Greece

In value, 2017-2020, K $ US

The market exhibited significant volatility during this period. Production reached its lowest point in 2017 and peaked in 2019, with a 2.6-fold difference between these years. In 2020, the output of upholstered metal-frame seats in Greece was valued at 817 K $ US, representing a 26.1% reduction compared to 2019. The maximum value was recorded in 2019 at 1 106 K $ US. The largest increase occurred in 2018, with a growth of 136.4%.

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

In kind, 2017-2020, unit

Market performance showed noticeable fluctuations throughout the period. Import levels varied significantly, with a 7.5-fold difference between the low in 2017 and the high in 2018. In 2020, Greece produced 17 381 units of upholstered metal-frame seats, down by 32.6% compared to 2019. The maximum value was recorded in 2018 at 27 730 units. The largest increase was observed in 2018, with a surge of 645.2%.

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

Exports upholstered metal-frame seats from Greece

Exports in kind, unit

The market displayed considerable volatility during these years. Export volumes varied dramatically, with a 65-fold difference between the minimum in 2020 and the maximum in 2019. In 2020, the volume of upholstered metal-frame seats exported from Greece totaled 12 823 units, marking a sharp decline of 98.5% compared to the previous year. The maximum value was recorded in 2019 at 838 149 units. The largest increase occurred in 2019, with a remarkable growth of 6 230.0%.

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

The structure of exports in kind from 2017 to 2020 was diversified, with no single country holding a clearly dominant position. Cyprus accounted for 19.5% of exports in kind, Israel for 14.4%, and Bulgaria for 6.1%, together making up just 40.0% of total flows.

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

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

Exports in value, K $ US

Foreign supplies of upholstered metal-frame seats from Greece increased for the third consecutive year. In 2020, exports totaled 2 403 K $ US, representing a notable year-over-year increase of 14.1%. Over the period from 2017 to 2020, exports grew by 22.6%, with a compound annual growth rate (CAGR) of 7.0%.

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

The partner structure of exports in value terms from 2017 to 2020 remained fragmented, with no single country exceeding a dominant share. Cyprus accounted for 20.9% of exports in value terms, Israel for 13.4%, and Serbia for 5.8%, together comprising only 40.0% of total flows.

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

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

Imports upholstered metal-frame seats to Greece

Imports in kind, unit

The market showed signs of volatility over the observed period. Imports reached their lowest point in 2017 and peaked in 2019, with a 4.6-fold variation between these years. In 2020, Greece's import volume of upholstered metal-frame seats reached 2 216 012 units, amounting to a significant decrease of 16.6% compared to 2019. The maximum value was recorded in 2019 at 2 656 156 units. The largest increase occurred in 2019, with a growth of 335.3%.

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

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

Imports in value, K $ US

Imports of upholstered metal-frame seats into Greece increased for the third consecutive year. In 2020, imports came to 10 264 K $ US, up by 23.4% compared to 2019. Over the period from 2017 to 2020, imports grew by 48%, with a compound annual growth rate (CAGR) of 14.0%.

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

From 2017 to 2020, China, Italy, and Bulgaria were the primary suppliers of upholstered metal-frame seats to Greece. China accounted for 42.4% of imports in value terms, Italy for 29.3%, and Bulgaria for 5.7%, jointly representing 77.3% of total imports in value terms.

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

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