U.S. - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBed-Convertible Seat Price in the United States - 2021
Contents:
- Bed-Convertible Seat Price in the United States (CIF) - 2021
- Bed-Convertible Seat Price in the United States (FOB) - 2021
- Bed-Convertible Seat Imports in the United States
- Bed-Convertible Seat Exports in the United States
Bed-Convertible Seat Price in the United States (CIF) - 2021
The average bed-convertible seat import price stood at $114 per unit in December 2021, remaining relatively unchanged against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2021 when the average import price increased by 17% m-o-m. As a result, import price reached the peak level of $122 per unit. From July 2021 to December 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Turkey ($156 per unit), while the price for Malaysia ($41.0 per unit) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Bed-Convertible Seat Price in the United States (FOB) - 2021
In December 2021, the average bed-convertible seat export price amounted to $397 per unit, picking up by 26% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $409 per unit in December 2020; however, from January 2021 to December 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was Mexico ($853 per unit), while the average price for exports to the Dominican Republic ($109 per unit) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.
Bed-Convertible Seat Imports in the United States
In 2022, overseas purchases of seats convertible into beds decreased by -5.8% to 2.8M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports reached the peak of 3M units, and then declined in the following year.
In value terms, bed-convertible seat imports dropped to $294M in 2022. In general, imports recorded a slight setback. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports attained the peak of $329M, and then shrank in the following year.
| Import of Bed-Convertible Seat in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 209 | 112 | 117 | 119 | -17.1% |
| Vietnam | 49.9 | 83.8 | 101 | 84.1 | 19.0% |
| Thailand | 0.3 | 16.0 | 36.5 | 30.2 | 365.2% |
| Mexico | 14.0 | 14.6 | 23.3 | 19.3 | 11.3% |
| Turkey | 11.8 | 7.0 | 10.8 | 8.9 | -9.0% |
| Indonesia | 4.2 | 8.1 | 5.6 | 4.9 | 5.3% |
| Others | 17.8 | 18.3 | 34.1 | 27.6 | 15.7% |
| Total | 307 | 260 | 329 | 294 | -1.4% |
Top Suppliers of Bed-Convertible Seat to the United States in 2022:
- China (1404.2K units)
- Vietnam (679.2K units)
- Thailand (380.8K units)
- Indonesia (94.0K units)
- Turkey (71.3K units)
- Mexico (43.0K units)
Bed-Convertible Seat Exports in the United States
In 2022, bed-convertible seat exports from the United States fell to 56K units, declining by -12.4% on the previous year's figure. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports attained the peak of 64K units, and then declined in the following year.
In value terms, bed-convertible seat exports fell to $21M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $23M, and then reduced in the following year.
| Export of Bed-Convertible Seat in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 16.0 | 13.6 | 18.6 | 17.3 | 2.6% |
| Mexico | 1.1 | 3.8 | 2.4 | 2.2 | 26.0% |
| United Arab Emirates | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Dominican Republic | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Others | 1.9 | 1.6 | 1.5 | 1.2 | -14.2% |
| Total | 19.3 | 19.3 | 23.0 | 21.2 | 3.2% |
Top Export Markets for Bed-Convertible Seat from the United States in 2022:
- Canada (45.3K units)
- Mexico (4.6K units)
- United Arab Emirates (1.3K units)
- Dominican Republic (0.9K units)
This report provides an in-depth analysis of the bed-convertible seat market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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