Colombia - Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Frame Upholstered Seat in Colombia - 2022
Contents:
- Price for Metal Frame Upholstered Seat in Colombia (CIF) - 2022
- Price for Metal Frame Upholstered Seat in Colombia (FOB) - 2022
- Imports of Metal Frame Upholstered Seat in Colombia
- Exports of Metal Frame Upholstered Seat in Colombia
Price for Metal Frame Upholstered Seat in Colombia (CIF) - 2022
The average metal frame upholstered seat import price stood at $34.2 per unit in February 2022, dropping by -43.8% against the previous month. In general, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in June 2021 an increase of 40% m-o-m. Over the period under review, average import prices attained the peak figure at $72.7 per unit in December 2021; however, from January 2022 to February 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2021 to February 2022, the rate of growth in terms of prices for China amounted to -4.6% per month.
Price for Metal Frame Upholstered Seat in Colombia (FOB) - 2022
The average metal frame upholstered seat export price stood at $137 per unit in February 2022, surging by 57% against the previous month. Overall, export price indicated a pronounced expansion from February 2021 to February 2022: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, metal frame upholstered seat export price increased by +57.0% against January 2022 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In February 2022, the country with the highest price was Peru ($762 per unit), while the average price for exports to Germany ($86.4 per unit) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+372.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Frame Upholstered Seat in Colombia
In 2022, supplies from abroad of upholstered seats with metal frames decreased by -19.1% to 667K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 62%. As a result, imports reached the peak of 825K units, and then dropped significantly in the following year.
In value terms, metal frame upholstered seat imports shrank dramatically to $18M in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, imports reached the peak of $23M, and then contracted remarkably in the following year.
| Import of Metal Frame Upholstered Seat in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 10.8 | 20.0 | 15.4 | 30.1% |
| Others | 2.1 | 2.4 | 2.6 | 2.6 | 7.4% |
| Total | 9.1 | 13.2 | 22.6 | 17.9 | 25.3% |
Top Suppliers of Metal Frame Upholstered Seat to Colombia in 2022:
- China (644.3K units)
Exports of Metal Frame Upholstered Seat in Colombia
In 2022, after two years of decline, there was significant growth in shipments abroad of upholstered seats with metal frames, when their volume increased by 81% to 40K units. In general, exports, however, continue to indicate a dramatic downturn. The exports peaked at 127K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, metal frame upholstered seat exports soared to $6.3M in 2022. Overall, exports, however, faced a precipitous descent. The exports peaked at $19M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Metal Frame Upholstered Seat in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10,803 | 4,465 | 1,209 | 3,372 | -32.2% |
| Chile | 1,479 | 480 | 170 | 437 | -33.4% |
| Ecuador | 919 | 1,121 | 78.6 | 428 | -22.5% |
| Brazil | 1,264 | 512 | 1.2 | 354 | -34.6% |
| Argentina | 619 | 293 | 377 | 312 | -20.4% |
| Panama | 811 | 154 | 294 | 272 | -30.5% |
| El Salvador | 104 | 384 | 286 | 237 | 31.6% |
| Peru | 668 | 414 | N/A | 216 | -31.4% |
| Guatemala | 570 | 210 | 54.8 | 170 | -33.2% |
| Trinidad and Tobago | 345 | 46.9 | 96.4 | 104 | -32.9% |
| Costa Rica | 116 | 292 | 0.3 | 81.6 | -11.1% |
| Others | 1,057 | 1,259 | 317 | 274 | -36.2% |
| Total | 18,756 | 9,633 | 2,885 | 6,259 | -30.6% |
Top Export Markets for Metal Frame Upholstered Seat from Colombia in 2022:
- United States (19.3K units)
- Chile (3.2K units)
- Brazil (2.6K units)
- Ecuador (2.6K units)
- Argentina (2.0K units)
- Panama (1.8K units)
- Peru (1.7K units)
- El Salvador (1.6K units)
- Guatemala (1.3K units)
- Costa Rica (1.2K units)
- Trinidad and Tobago (0.7K units)
This report provides an in-depth analysis of the market for metal frame upholstered seat in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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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