Report Update: May 1, 2024

Kuwait - Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Frame Upholstered Seat in Kuwait - 2021

Price for Metal Frame Upholstered Seat in Kuwait (CIF) - 2022

In 2022, the average metal frame upholstered seat import price amounted to $55 per unit, waning by -6.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 34% against the previous year. The import price peaked at $76 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($116 per unit), while the price for Jordan ($38 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metal Frame Upholstered Seat in Kuwait (FOB) - 2022

In 2022, the average metal frame upholstered seat export price amounted to $670 per unit, with a decrease of -27.5% against the previous year. Over the period under review, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 an increase of 287%. The export price peaked at $924 per unit in 2021, and then fell remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($5,867 per unit), while the average price for exports to the UK ($121 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 Egypt (+49.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Frame Upholstered Seat in Kuwait

In 2022, supplies from abroad of upholstered seats with metal frames decreased by -7.7% to 416K 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 +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of 451K units, and then reduced in the following year.

In value terms, metal frame upholstered seat imports shrank to $23M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 39%. As a result, imports attained the peak of $27M, and then reduced in the following year.

Import of Metal Frame Upholstered Seat in Kuwait (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	9.4	7.4	10.6	13.7	13.4%
Italy	1.9	1.5	3.4	2.7	12.4%
United States	4.3	6.7	3.8	0.8	-42.9%
Spain	0.8	0.7	2.7	0.8	0.0%
Turkey	0.2	0.2	0.3	0.4	26.0%
Others	5.0	2.7	6.0	4.6	-2.7%
Total	21.5	19.2	26.7	23.0	2.3%

Top Suppliers of Metal Frame Upholstered Seat to Kuwait in 2022:

China (344.8K units)
Italy (23.5K units)
Turkey (8.3K units)
Spain (6.8K units)
United States (5.6K units)

Exports of Metal Frame Upholstered Seat in Kuwait

In 2022, overseas shipments of upholstered seats with metal frames increased by 40% to 298 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a precipitous shrinkage. The exports peaked at 1.4K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal frame upholstered seat exports amounted to $200K in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 6.7%. As a result, the exports attained the peak of $202K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Metal Frame Upholstered Seat in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	8.3	21.0	55.1	61.1	94.5%
Saudi Arabia	122	66.1	71.4	53.2	-24.2%
Qatar	16.8	14.8	3.2	38.3	31.6%
United Arab Emirates	9.0	56.8	27.4	17.7	25.3%
Iraq	17.2	20.2	16.2	11.0	-13.8%
Bahrain	8.3	12.1	9.8	6.7	-6.9%
Australia	1.5	2.2	4.6	3.4	31.4%
United Kingdom	0.6	1.1	1.3	0.9	14.5%
Others	6.1	8.1	7.7	7.3	6.2%
Total	190	202	197	200	1.7%

Top Export Markets for Metal Frame Upholstered Seat from Kuwait in 2022:

Germany (68.0 units)
Saudi Arabia (43.0 units)
Qatar (43.0 units)
Iraq (13.0 units)
United Arab Emirates (12.0 units)
United Kingdom (7.0 units)
Australia (5.0 units)
Bahrain (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal frame upholstered seat in Kuwait. 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:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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