Hong Kong SAR, China - Non-Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Non-Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Frame Non-Upholstered Seat in Hong Kong SAR - 2023

Contents:

  1. Price for Metal Frame Non-Upholstered Seat in Hong Kong SAR (CIF) - 2023
  2. Price for Metal Frame Non-Upholstered Seat in Hong Kong SAR (FOB) - 2022
  3. Imports of Metal Frame Non-Upholstered Seat in Hong Kong SAR
  4. Exports of Metal Frame Non-Upholstered Seat in Hong Kong SAR

Price for Metal Frame Non-Upholstered Seat in Hong Kong SAR (CIF) - 2023

The average metal frame non-upholstered seat import price stood at $25.6 per unit in August 2023, declining by -22.1% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 49% against the previous month. Over the period under review, average import prices hit record highs at $44.2 per unit in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($59.8 per unit), while the price for China ($14.3 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by South Korea (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metal Frame Non-Upholstered Seat in Hong Kong SAR (FOB) - 2022

The average metal frame non-upholstered seat export price stood at $32 per unit in 2022, increasing by 5.2% against the previous year. Over the period under review, the export price enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 436% against the previous year. The export price peaked at $44 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($93 per unit), while the average price for exports to Brazil ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Frame Non-Upholstered Seat in Hong Kong SAR

In 2022, imports of non-upholstered seats with metal frames into Hong Kong SAR dropped slightly to 421K units, shrinking by -2.7% against the previous year. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 7.5%. As a result, imports reached the peak of 433K units, and then fell modestly in the following year.

In value terms, metal frame non-upholstered seat imports expanded markedly to $12M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Metal Frame Non-Upholstered Seat in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.04.35.46.16.9%
France3.23.12.32.1-13.1%
Vietnam0.20.30.21.071.0%
South Korea0.20.20.60.426.0%
Japan0.40.50.50.3-9.1%
Taiwan (Chinese)0.30.40.20.1-30.7%
Others2.52.41.81.8-10.4%
Total11.711.211.011.80.3%

Top Suppliers of Metal Frame Non-Upholstered Seat to Hong Kong SAR in 2022:

  1. China (371.6K units)
  2. Vietnam (19.3K units)
  3. France (15.5K units)
  4. South Korea (9.7K units)
  5. Japan (8.3K units)
  6. Taiwan (Chinese) (2.9K units)

Exports of Metal Frame Non-Upholstered Seat in Hong Kong SAR

Metal frame non-upholstered seat exports from Hong Kong SAR reduced sharply to 45K units in 2022, with a decrease of -42% on 2021 figures. In general, exports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. Over the period under review, the exports reached the peak figure at 113K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, metal frame non-upholstered seat exports reduced remarkably to $1.4M in 2022. Overall, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. The exports peaked at $5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Metal Frame Non-Upholstered Seat in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,621812800425-36.0%
China2,271444888287-49.8%
LithuaniaN/AN/AN/A1090%
South Korea25.229.953.610158.8%
Macao SAR158142137101-13.9%
Japan37740.259.698.9-36.0%
Singapore25.57.112.882.447.8%
Australia10.312.215.551.771.2%
BrazilN/AN/A1.224.11908.3%
Others529232397162-32.6%
Total5,0171,7192,3651,442-34.0%

Top Export Markets for Metal Frame Non-Upholstered Seat from Hong Kong SAR in 2022:

  1. United States (13.6K units)
  2. China (11.7K units)
  3. Macao SAR (5.7K units)
  4. Lithuania (3.1K units)
  5. South Korea (1.7K units)
  6. Brazil (1.5K units)
  7. Singapore (1.4K units)
  8. Japan (1.1K units)
  9. Australia (0.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal frame non-upholstered seat in Hong Kong SAR, China. 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 31001190 - Non-upholstered seats with metal frames (excluding medical, s urgical, dental or veterinary seats, barbers

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • 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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