Azerbaijan - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wooden Frame Upholstered Seat in Azerbaijan - 2023
Contents:
- Price for Wooden Frame Upholstered Seat in Azerbaijan (CIF) - 2022
- Price for Wooden Frame Upholstered Seat in Azerbaijan (FOB) - 2022
- Imports of Wooden Frame Upholstered Seat in Azerbaijan
- Exports of Wooden Frame Upholstered Seat in Azerbaijan
Price for Wooden Frame Upholstered Seat in Azerbaijan (CIF) - 2022
The average wooden frame upholstered seat import price stood at $221 per unit in 2022, shrinking by -10.5% against the previous year. Over the period under review, the import price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 162%. The import price peaked at $310 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($762 per unit), while the price for Ukraine ($40 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wooden Frame Upholstered Seat in Azerbaijan (FOB) - 2022
In 2022, the average wooden frame upholstered seat export price amounted to $221 per unit, with an increase of 80% against the previous year. Over the period under review, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 127% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($654 per unit), while the average price for exports to Georgia ($80 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+78.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wooden Frame Upholstered Seat in Azerbaijan
In 2022, imports of upholstered seats with wooden frames into Azerbaijan skyrocketed to 52K units, jumping by 39% on 2021. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wooden frame upholstered seat imports skyrocketed to $12M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.1% 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 +62.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 31%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Wooden Frame Upholstered Seat in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.2 | 4.0 | 6.3 | 7.0 | 10.4% |
| Italy | 2.2 | 1.7 | 1.9 | 3.1 | 12.1% |
| China | 0.5 | 0.4 | 0.3 | 0.6 | 6.3% |
| Russia | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Ukraine | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 0.8 | 0.6 | 0.6 | -12.6% |
| Total | 8.9 | 7.1 | 9.3 | 11.5 | 8.9% |
Top Suppliers of Wooden Frame Upholstered Seat to Azerbaijan in 2022:
- Turkey (34.9K units)
- China (6.4K units)
- Russia (4.3K units)
- Italy (4.1K units)
- Ukraine (0.1K units)
Exports of Wooden Frame Upholstered Seat in Azerbaijan
In 2022, the amount of upholstered seats with wooden frames exported from Azerbaijan declined remarkably to 455 units, waning by -63.4% on the year before. In general, exports showed a slight setback. The growth pace was the most rapid in 2021 with an increase of 657%. As a result, the exports reached the peak of 1.2K units, and then fell dramatically in the following year.
In value terms, wooden frame upholstered seat exports fell dramatically to $101K in 2022. Overall, exports, however, recorded slight growth. The growth pace was the most rapid in 2021 with an increase of 324% against the previous year. As a result, the exports attained the peak of $153K, and then shrank markedly in the following year.
| Export of Wooden Frame Upholstered Seat in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 0.4 | 40.9 | 40.9 | 271.1% |
| Kazakhstan | 17.6 | 11.4 | 46.2 | 36.6 | 27.6% |
| Tajikistan | N/A | N/A | N/A | 13.1 | 0% |
| Uzbekistan | 32.1 | 4.3 | N/A | 6.8 | -40.4% |
| Russia | 11.7 | 7.5 | 24.9 | 2.1 | -43.6% |
| Turkey | 0.3 | 10.3 | 13.7 | 0.5 | 18.6% |
| Georgia | 18.4 | N/A | 25.6 | 0.5 | -69.9% |
| United Arab Emirates | 13.5 | 2.2 | N/A | N/A | -83.7% |
| Others | 2.6 | N/A | 1.6 | 0.2 | -57.5% |
| Total | 97.0 | 36.1 | 153 | 101 | 1.4% |
Top Export Markets for Wooden Frame Upholstered Seat from Azerbaijan in 2022:
- United States (279.0 units)
- Kazakhstan (56.0 units)
- Tajikistan (52.0 units)
- Uzbekistan (35.0 units)
- Russia (18.0 units)
- Turkey (6.0 units)
- Georgia (6.0 units)
This report provides an in-depth analysis of the market for wooden frame upholstered seat in Azerbaijan. 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 31001250 - Upholstered seats with wooden frames (including three piece suites) (excluding swivel seats)
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- 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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