Report Update: Apr 1, 2024

Belarus - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends And Insights

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Price for Wooden Frame Upholstered Seat in Belarus - 2022

Price for Wooden Frame Upholstered Seat in Belarus (FOB) - 2022

In March 2022, the average wooden frame upholstered seat export price amounted to $363 per unit, remaining stable against the previous month. In general, the export price, however, recorded strong growth. The growth pace was the most rapid in February 2022 an increase of 175% month-to-month. As a result, the export price reached the peak level of $363 per unit, leveling off in the following month.

Average prices varied noticeably for the major overseas markets. In March 2022, the highest price was recorded for prices to Sweden ($363 per unit) and Russia ($363 per unit), while the average price for exports to Hungary ($363 per unit) and Belgium ($363 per unit) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wooden Frame Upholstered Seat in Belarus (CIF) - 2022

The average wooden frame upholstered seat import price stood at $201 per unit in March 2022, remaining constant against the previous month. Overall, the import price, however, showed a perceptible decline. The pace of growth appeared the most rapid in October 2021 when the average import price increased by 21% m-o-m. Over the period under review, average import prices hit record highs at $337 per unit in November 2021; however, from December 2021 to March 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from Russia ($201 per unit) and Poland ($201 per unit), while the price for China ($201 per unit) and Turkey ($201 per unit) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wooden Frame Upholstered Seat in Belarus

After three years of growth, shipments abroad of upholstered seats with wooden frames decreased by -21.3% to 244K units in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 143% against the previous year. As a result, the exports reached the peak of 310K units, and then declined sharply in the following year.

In value terms, wooden frame upholstered seat exports rose significantly to $123M in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 101% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Wooden Frame Upholstered Seat in Belarus (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	16.8	16.8	34.0	41.8	35.5%
Germany	5.7	16.9	27.0	37.9	88.0%
Poland	9.6	11.4	21.9	14.0	13.4%
Kazakhstan	3.4	3.4	7.8	9.8	42.3%
Sweden	N/A	0.7	N/A	4.3	147.8%
Belgium	0.5	1.1	2.5	3.3	87.6%
Hungary	1.9	2.5	3.5	2.1	3.4%
United States	0.1	0.2	1.6	1.9	166.8%
Others	2.3	3.4	14.7	8.3	53.4%
Total	40.4	56.3	113	123	44.9%

Top Export Markets for Wooden Frame Upholstered Seat from Belarus in 2022:

Russia (97.8K units)
Germany (61.8K units)
Poland (22.8K units)
Kazakhstan (22.8K units)
Sweden (7.0K units)
Belgium (5.4K units)
United States (5.2K units)
Hungary (3.4K units)

Imports of Wooden Frame Upholstered Seat in Belarus

In 2022, the amount of upholstered seats with wooden frames imported into Belarus expanded sharply to 106K units, surging by 13% compared with 2021 figures. Overall, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at 124K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, wooden frame upholstered seat imports surged to $24M in 2022. In general, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.5% 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 +61.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Wooden Frame Upholstered Seat in Belarus (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	2.5	1.9	4.1	9.6	56.6%
Russia	1.7	1.4	2.0	4.3	36.3%
China	2.4	2.0	2.0	2.4	0.0%
Italy	11.0	6.0	7.2	1.6	-47.4%
Poland	0.9	0.8	0.6	1.2	10.1%
Lithuania	0.1	0.1	0.1	0.8	100.0%
Spain	0.5	0.4	0.3	0.7	11.9%
Ukraine	0.5	0.6	0.8	0.2	-26.3%
Others	2.4	1.6	1.8	3.0	7.7%
Total	22.1	14.7	18.9	23.8	2.5%

Top Suppliers of Wooden Frame Upholstered Seat to Belarus in 2022:

Turkey (46.4K units)
Russia (15.7K units)
China (11.6K units)
Italy (7.7K units)
Poland (6.0K units)
Lithuania (3.8K units)
Spain (2.7K units)
Ukraine (1.0K units)

Source: IndexBox Market Intelligence Platform

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

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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