Colombia - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wooden Frame Upholstered Seat in Colombia - 2022
Contents:
- Price for Wooden Frame Upholstered Seat in Colombia (CIF) - 2022
- Price for Wooden Frame Upholstered Seat in Colombia (FOB) - 2022
- Imports of Wooden Frame Upholstered Seat in Colombia
- Exports of Wooden Frame Upholstered Seat in Colombia
Price for Wooden Frame Upholstered Seat in Colombia (CIF) - 2022
The average wooden frame upholstered seat import price stood at $108 per unit in February 2022, reducing by -55.5% against the previous month. Over the period under review, the import price saw a perceptible decrease. The growth pace was the most rapid in June 2021 when the average import price increased by 35% m-o-m. The import price peaked at $263 per unit in September 2021; however, from October 2021 to February 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Lithuania ($637 per unit), while the price for Malaysia ($56.9 per unit) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+3.8%), while the prices for the other major suppliers experienced a decline.
Price for Wooden Frame Upholstered Seat in Colombia (FOB) - 2022
In 2022, the average wooden frame upholstered seat export price amounted to $170 per unit, with an increase of 4.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 43% against the previous year. Over the period under review, the average export prices reached the peak figure at $361 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($421 per unit), while the average price for exports to Venezuela ($72 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 Canada (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wooden Frame Upholstered Seat in Colombia
In 2022, wooden frame upholstered seat imports into Colombia dropped to 157K units, declining by -10.9% compared with the year before. In general, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +3.3% 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 +36.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. As a result, imports reached the peak of 176K units, and then dropped in the following year.
In value terms, wooden frame upholstered seat imports reduced to $13M in 2022. Over the period under review, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Wooden Frame Upholstered Seat in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.9 | 8.2 | 10.4 | 9.2 | -8.2% |
| Italy | 1.2 | 0.9 | 0.9 | 0.8 | -12.6% |
| Brazil | 0.5 | 0.5 | 0.8 | 0.7 | 11.9% |
| Malaysia | 1.2 | 0.5 | 0.4 | 0.5 | -25.3% |
| Others | 3.4 | 1.7 | 1.7 | 1.8 | -19.1% |
| Total | 18.2 | 11.7 | 14.2 | 13.0 | -10.6% |
Top Suppliers of Wooden Frame Upholstered Seat to Colombia in 2022:
- China (139.5K units)
- Malaysia (6.6K units)
- Brazil (2.1K units)
- Italy (2.1K units)
Exports of Wooden Frame Upholstered Seat in Colombia
In 2022, approx. 4.6K units of upholstered seats with wooden frames were exported from Colombia; declining by -32.5% on 2021 figures. Over the period under review, exports, however, continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2021 when exports increased by 202%. As a result, the exports attained the peak of 6.8K units, and then dropped rapidly in the following year.
In value terms, wooden frame upholstered seat exports dropped significantly to $779K in 2022. Overall, exports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 140% against the previous year. As a result, the exports attained the peak of $1.1M, and then fell sharply in the following year.
| Export of Wooden Frame Upholstered Seat in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 82.1 | 66.8 | 524 | 347 | 61.7% |
| Panama | 470 | 115 | 92.6 | 128 | -35.2% |
| Peru | 181 | 36.9 | 129 | 85.8 | -22.0% |
| United States | 138 | 40.4 | 106 | 70.3 | -20.1% |
| Costa Rica | 11.9 | 90.1 | 77.2 | 51.2 | 62.6% |
| Venezuela | 23.2 | 28.5 | 56.6 | 37.5 | 17.4% |
| Aruba | 14.0 | 0.7 | 50.7 | 33.6 | 33.9% |
| Others | 65.3 | 79.6 | 62.9 | 25.7 | -26.7% |
| Total | 986 | 458 | 1,099 | 779 | -7.6% |
Top Export Markets for Wooden Frame Upholstered Seat from Colombia in 2022:
- Panama (1277.0 units)
- Ecuador (824.0 units)
- Peru (718.0 units)
- Venezuela (521.0 units)
- United States (470.0 units)
- Aruba (408.0 units)
- Costa Rica (206.0 units)
This report provides an in-depth analysis of the market for wooden frame upholstered seat in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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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