Canada - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Canada - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends And Insights

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Bed-Convertible Seat Price in Canada - 2021

Contents:

  1. Bed-Convertible Seat Price in Canada (CIF) - 2022
  2. Bed-Convertible Seat Price in Canada (FOB) - 2022
  3. Bed-Convertible Seat Imports in Canada
  4. Bed-Convertible Seat Exports in Canada

Bed-Convertible Seat Price in Canada (CIF) - 2022

The average bed-convertible seat import price stood at $164 per unit in 2022, reducing by -4% against the previous year. Overall, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $204 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($169 per unit) and Poland ($167 per unit), while the price for Vietnam ($161 per unit) and China ($163 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.4%), while the prices for the other major suppliers experienced a decline.

Bed-Convertible Seat Price in Canada (FOB) - 2022

The average bed-convertible seat export price stood at $360 per unit in 2022, falling by -2% against the previous year. In general, the export price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 33% against the previous year. The export price peaked at $367 per unit in 2021, and then shrank modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.5% per year.

Bed-Convertible Seat Imports in Canada

In 2022, supplies from abroad of seats convertible into beds was finally on the rise to reach 257K units after two years of decline. Overall, imports, however, showed a slight decline. Imports peaked at 272K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, bed-convertible seat imports dropped slightly to $42M in 2022. In general, imports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 3.6% against the previous year. Over the period under review, imports hit record highs at $47M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Bed-Convertible Seat in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.524.222.623.3-7.6%
United States8.16.17.36.8-5.7%
Vietnam4.17.86.05.510.3%
Portugal0.50.41.41.337.5%
Mexico0.20.40.80.858.7%
Poland0.70.50.80.84.6%
Indonesia0.10.50.80.8100.0%
Others3.51.63.33.1-4.0%
Total46.841.543.042.2-3.4%

Top Suppliers of Bed-Convertible Seat to Canada in 2022:

  1. China (143.3K units)
  2. United States (40.3K units)
  3. Vietnam (34.0K units)
  4. Portugal (7.6K units)
  5. Mexico (4.7K units)
  6. Poland (4.6K units)
  7. Indonesia (4.5K units)

Bed-Convertible Seat Exports in Canada

In 2022, shipments abroad of seats convertible into beds increased by 14% to 50K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a deep contraction. Over the period under review, the exports hit record highs at 63K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, bed-convertible seat exports amounted to $18M in 2022. Over the period under review, exports, however, saw a deep setback. The exports peaked at $23M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Bed-Convertible Seat in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States22.620.116.118.1-7.1%
Others0.10.10.10.10.0%
Total22.720.116.218.2-7.1%

Top Export Markets for Bed-Convertible Seat from Canada in 2022:

  1. United States (50.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bed-convertible seat market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Seats Convertible Into Beds - Canada