Vietnam - Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Frame Upholstered Seat in Vietnam - 2021
Contents:
- Price for Metal Frame Upholstered Seat in Vietnam (FOB) - 2022
- Price for Metal Frame Upholstered Seat in Vietnam (CIF) - 2022
- Exports of Metal Frame Upholstered Seat in Vietnam
- Imports of Metal Frame Upholstered Seat in Vietnam
Price for Metal Frame Upholstered Seat in Vietnam (FOB) - 2022
The average metal frame upholstered seat export price stood at $191 per unit in 2022, which is down by -1.6% against the previous year. Over the period under review, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 56%. Over the period under review, the average export prices reached the peak figure at $196 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +23.6% per year.
Price for Metal Frame Upholstered Seat in Vietnam (CIF) - 2022
The average metal frame upholstered seat import price stood at $62 per unit in 2022, jumping by 16% against the previous year. In general, the import price, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2018 an increase of 69% against the previous year. Over the period under review, average import prices reached the maximum at $92 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($61 per unit), while the price for Italy totaled $49 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-3.5%).
Exports of Metal Frame Upholstered Seat in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of upholstered seats with metal frames, when their volume decreased by -7.4% to 1.7M units. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 117% against the previous year. Over the period under review, the exports attained the peak figure at 1.9M units in 2021, and then fell in the following year.
In value terms, metal frame upholstered seat exports shrank to $330M in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 108%. The exports peaked at $361M in 2021, and then declined in the following year.
| Export of Metal Frame Upholstered Seat in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | N/A | 330 | 0% |
| United Kingdom | 10.1 | 7.5 | 6.5 | N/A | -19.8% |
| Australia | 12.4 | 14.1 | 12.1 | N/A | -1.2% |
| United States | 102 | 243 | 304 | N/A | 72.6% |
| Others | 18.5 | 32.6 | 38.9 | N/A | 45.0% |
| Total | 143 | 298 | 361 | 330 | 32.1% |
Top Export Markets for Metal Frame Upholstered Seat from Vietnam in 2022:
- Myanmar (4.0M units)
Imports of Metal Frame Upholstered Seat in Vietnam
In 2022, the amount of upholstered seats with metal frames imported into Vietnam shrank modestly to 1.8M units, which is down by -4.4% compared with the previous year's figure. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 9.5% against the previous year. As a result, imports attained the peak of 1.9M units, and then reduced slightly in the following year.
In value terms, metal frame upholstered seat imports stood at $112M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 30%. As a result, imports attained the peak of $123M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Metal Frame Upholstered Seat in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 89.1 | 120 | 97.4 | 107 | 6.3% |
| Italy | 1.3 | 0.6 | 0.9 | 1.8 | 11.5% |
| Others | 3.9 | 2.5 | 3.2 | 3.2 | -6.4% |
| Total | 94.3 | 123 | 101 | 112 | 5.9% |
Top Suppliers of Metal Frame Upholstered Seat to Vietnam in 2022:
- China (1762.2K units)
- Italy (36.4K units)
This report provides an in-depth analysis of the market for metal frame upholstered seat in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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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