Australia - Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Frame Upholstered Seat in Australia - 2023
Contents:
- Price for Metal Frame Upholstered Seat in Australia (CIF) - 2023
- Price for Metal Frame Upholstered Seat in Australia (FOB) - 2022
- Imports of Metal Frame Upholstered Seat in Australia
- Exports of Metal Frame Upholstered Seat in Australia
Price for Metal Frame Upholstered Seat in Australia (CIF) - 2023
The average metal frame upholstered seat import price stood at $47.5 per unit in August 2023, reducing by -19.3% against the previous month. In general, the import price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 29% month-to-month. The import price peaked at $73.4 per unit in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From August 2022 to August 2023, the rate of growth in terms of prices for China amounted to -4.1% per month.
Price for Metal Frame Upholstered Seat in Australia (FOB) - 2022
In 2022, the average metal frame upholstered seat export price amounted to $101 per unit, remaining relatively unchanged against the previous year. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 140%. As a result, the export price reached the peak level of $130 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($47 per unit), while the average price for exports to New Zealand stood at $19 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-4.8%).
Imports of Metal Frame Upholstered Seat in Australia
Metal frame upholstered seat imports into Australia expanded modestly to 4.9M units in 2022, picking up by 4.5% on the previous year. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, metal frame upholstered seat imports expanded sharply to $320M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 35%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Metal Frame Upholstered Seat in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 141 | 150 | 230 | 243 | 19.9% |
| Vietnam | 28.0 | 25.3 | 17.3 | 23.5 | -5.7% |
| Others | 47.9 | 43.7 | 48.6 | 53.9 | 4.0% |
| Total | 217 | 219 | 296 | 320 | 13.8% |
Top Suppliers of Metal Frame Upholstered Seat to Australia in 2022:
- China (4.6M units)
- Vietnam (0.1M units)
Exports of Metal Frame Upholstered Seat in Australia
In 2022, overseas shipments of upholstered seats with metal frames decreased by -24.7% to 64K units, falling for the second year in a row after two years of growth. In general, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2020 with an increase of 4.6% against the previous year. As a result, the exports attained the peak of 160K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal frame upholstered seat exports reduced rapidly to $6.5M in 2022. Overall, exports showed a drastic downturn. The smallest decline of -9.2% was in 2021. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Metal Frame Upholstered Seat in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2.5 | 1.0 | 1.5 | 3.0 | 6.3% |
| United States | 6.9 | 6.8 | 4.2 | 1.6 | -38.6% |
| Others | 2.6 | 1.7 | 2.9 | 1.8 | -11.5% |
| Total | 12.0 | 9.5 | 8.6 | 6.5 | -18.5% |
Top Export Markets for Metal Frame Upholstered Seat from Australia in 2022:
- New Zealand (158.4K units)
- United States (34.0K units)
This report provides an in-depth analysis of the market for metal frame upholstered seat in Australia. 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 31001170 - Upholstered seats with metal frames (excluding swivel seats, m edical, surgical, dental or veterinary seats, barbers
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
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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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