Report Update: Apr 1, 2024

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

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Price for Wooden Frame Upholstered Seat in Chile - 2023

Price for Wooden Frame Upholstered Seat in Chile (CIF) - 2023

In September 2023, the average wooden frame upholstered seat import price amounted to $225 per unit, picking up by 24% against the previous month. Overall, the import price continues to indicate a mild increase. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 352% m-o-m. The import price peaked in September 2023.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Vietnam ($225 per unit) and Indonesia ($225 per unit), while the price for China ($225 per unit) and Brazil ($225 per unit) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average wooden frame upholstered seat export price amounted to $123 per unit, declining by -25.5% against the previous year. In general, the export price saw a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 37% against the previous year. The export price peaked at $178 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Peru ($778 per unit), while the average price for exports to Ecuador ($32 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 Mexico (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wooden Frame Upholstered Seat in Chile

In 2022, the amount of upholstered seats with wooden frames imported into Chile declined to 1.1M units, which is down by -13.7% on the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 +70.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 97%. As a result, imports attained the peak of 1.3M units, and then contracted in the following year.

In value terms, wooden frame upholstered seat imports contracted to $92M in 2022. Over the period under review, imports, however, saw buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 145%. As a result, imports attained the peak of $104M, and then contracted in the following year.

Import of Wooden Frame Upholstered Seat in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	42.4	32.6	81.6	67.4	16.7%
Vietnam	6.4	3.2	7.9	9.3	13.3%
Malaysia	6.7	3.3	3.9	5.0	-9.3%
Brazil	1.2	1.2	6.9	4.8	58.7%
Others	4.6	2.2	4.0	5.2	4.2%
Total	61.3	42.5	104	91.7	14.4%

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

China (889.2K units)
Malaysia (157.9K units)
Vietnam (40.2K units)
Brazil (20.7K units)

Exports of Wooden Frame Upholstered Seat in Chile

For the fourth consecutive year, Chile recorded growth in overseas shipments of upholstered seats with wooden frames, which increased by 38% to 16K units in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden frame upholstered seat exports rose slightly to $2M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Wooden Frame Upholstered Seat in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bolivia	238	611	1,003	868	53.9%
Peru	490	393	234	197	-26.2%
United States	51.9	107	48.7	156	44.3%
Argentina	132	141	131	144	2.9%
Spain	29.4	6.2	31.1	141	68.6%
Uruguay	N/A	15.7	6.8	112	167.1%
Brazil	15.2	12.3	14.5	80.0	73.9%
Ecuador	19.8	N/A	19.8	24.8	7.8%
Germany	N/A	8.5	7.4	16.8	40.6%
Others	305	418	450	256	-5.7%
Total	1,282	1,713	1,946	1,995	15.9%

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

Bolivia (4.7K units)
United States (3.3K units)
Spain (2.1K units)
Brazil (1.3K units)
Uruguay (1.2K units)
Ecuador (0.8K units)
Germany (0.4K units)
Peru (0.3K units)
Argentina (0.1K units)

Source: IndexBox Market Intelligence Platform

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

Chile

Data coverage:

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