Hong Kong SAR, China - Non-Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wooden Frame Non-Upholstered Seat in Hong Kong SAR - 2023
Contents:
- Price for Wooden Frame Non-Upholstered Seat in Hong Kong SAR (CIF) - 2023
- Price for Wooden Frame Non-Upholstered Seat in Hong Kong SAR (FOB) - 2022
- Imports of Wooden Frame Non-Upholstered Seat in Hong Kong SAR
- Exports of Wooden Frame Non-Upholstered Seat in Hong Kong SAR
Price for Wooden Frame Non-Upholstered Seat in Hong Kong SAR (CIF) - 2023
In August 2023, the average wooden frame non-upholstered seat import price amounted to $35.8 per unit, declining by -35.1% against the previous month. Overall, the import price, however, saw buoyant growth. The growth pace was the most rapid in November 2022 when the average import price increased by 298% month-to-month. Over the period under review, average import prices hit record highs at $77.2 per unit in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($35.2 per unit), while the price for Malaysia ($14.1 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 China (+5.5%), while the prices for the other major suppliers experienced a decline.
Price for Wooden Frame Non-Upholstered Seat in Hong Kong SAR (FOB) - 2022
In 2022, the average wooden frame non-upholstered seat export price amounted to $141 per unit, falling by -13.4% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average export price increased by 35% against the previous year. The export price peaked at $162 per unit in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($345 per unit), while the average price for exports to the United Arab Emirates ($21 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 Cambodia (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wooden Frame Non-Upholstered Seat in Hong Kong SAR
In 2022, supplies from abroad of non-upholstered seats with wooden frames decreased by -39.6% to 501K units, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, imports reached the peak of 1.2M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wooden frame non-upholstered seat imports contracted notably to $13M in 2022. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of $27M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Wooden Frame Non-Upholstered Seat in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.1 | 24.5 | 17.0 | 9.9 | -21.0% |
| Malaysia | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
| Others | 3.9 | 2.5 | 3.2 | 3.0 | -8.4% |
| Total | 24.3 | 27.3 | 20.5 | 13.4 | -18.0% |
Top Suppliers of Wooden Frame Non-Upholstered Seat to Hong Kong SAR in 2022:
- China (464.2K units)
- Malaysia (15.5K units)
Exports of Wooden Frame Non-Upholstered Seat in Hong Kong SAR
Wooden frame non-upholstered seat exports from Hong Kong SAR contracted remarkably to 17K units in 2022, waning by -50.7% compared with the previous year. Over the period under review, exports recorded a significant curtailment. The smallest decline of -27.5% was in 2020. The exports peaked at 73K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wooden frame non-upholstered seat exports plummeted to $2.4M in 2022. In general, exports showed a precipitous descent. The smallest decline of -2% was in 2020. The exports peaked at $8.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Wooden Frame Non-Upholstered Seat in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,665 | 1,923 | 1,716 | 1,057 | -26.5% |
| South Korea | 2,290 | 4,493 | 1,821 | 322 | -48.0% |
| Japan | 545 | 424 | 263 | 303 | -17.8% |
| Macao SAR | 100 | 262 | 191 | 154 | 15.5% |
| India | 251 | 92.8 | 342 | 96.1 | -27.4% |
| Taiwan (Chinese) | 418 | 487 | 596 | 90.4 | -40.0% |
| United States | 815 | 72.0 | 24.3 | 66.6 | -56.6% |
| Germany | 0.4 | 41.2 | 13.5 | 45.6 | 384.9% |
| Malaysia | 393 | 24.8 | 160 | 42.9 | -52.2% |
| Singapore | 175 | 75.0 | 19.1 | 42.2 | -37.8% |
| Cambodia | 82.3 | 55.3 | 60.8 | 33.0 | -26.3% |
| United Arab Emirates | 0.9 | 0.1 | N/A | 5.8 | 86.1% |
| Others | 684 | 296 | 496 | 179 | -36.0% |
| Total | 8,419 | 8,248 | 5,703 | 2,438 | -33.8% |
Top Export Markets for Wooden Frame Non-Upholstered Seat from Hong Kong SAR in 2022:
- China (5.9K units)
- Macao SAR (3.0K units)
- Japan (1.9K units)
- United States (1.6K units)
- South Korea (0.9K units)
- Taiwan (Chinese) (0.7K units)
- Singapore (0.6K units)
- India (0.5K units)
- United Arab Emirates (0.3K units)
- Cambodia (0.3K units)
- Malaysia (0.3K units)
- Germany (0.3K units)
This report provides an in-depth analysis of the market for wooden 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 31001290 - Non-upholstered seats with wooden frames (excluding swivel seats)
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:
- 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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