Malaysia - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wooden Frame Upholstered Seat in Malaysia - 2021
Contents:
- Price for Wooden Frame Upholstered Seat in Malaysia (FOB) - 2022
- Price for Wooden Frame Upholstered Seat in Malaysia (CIF) - 2022
- Exports of Wooden Frame Upholstered Seat in Malaysia
- Imports of Wooden Frame Upholstered Seat in Malaysia
Price for Wooden Frame Upholstered Seat in Malaysia (FOB) - 2022
The average wooden frame upholstered seat export price stood at $209 per unit in 2022, dropping by -13.6% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The growth pace was the most rapid in 2020 an increase of 91%. The export price peaked at $242 per unit in 2021, and then shrank in the following year.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($304 per unit), while the average price for exports to the United Arab Emirates amounted to $206 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wooden Frame Upholstered Seat in Malaysia (CIF) - 2022
The average wooden frame upholstered seat import price stood at $92 per unit in 2022, increasing by 24% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The growth pace was the most rapid in 2021 when the average import price increased by 37%. Over the period under review, average import prices attained the maximum at $143 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.3% per year.
Exports of Wooden Frame Upholstered Seat in Malaysia
In 2022, shipments abroad of upholstered seats with wooden frames was finally on the rise to reach 1M units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic decrease. Over the period under review, the exports hit record highs at 2.5M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, wooden frame upholstered seat exports soared to $216M in 2022. Overall, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $245M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Wooden Frame Upholstered Seat in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.6 | 2.5 | 2.6 | 205 | 328.8% |
| Myanmar | 0.4 | 0.2 | 0.1 | 11.4 | 205.5% |
| Japan | 14.4 | 11.4 | 8.9 | N/A | -21.4% |
| China | 5.5 | 3.4 | 1.8 | N/A | -42.8% |
| United Kingdom | 11.4 | 9.8 | 8.3 | N/A | -14.7% |
| India | 6.1 | 4.0 | 5.7 | N/A | -3.3% |
| Australia | 16.8 | 15.9 | 13.7 | N/A | -9.7% |
| United States | 81.5 | 136 | 90.0 | N/A | 5.1% |
| Canada | 5.0 | 5.4 | 5.6 | N/A | 5.8% |
| Others | 73.2 | 56.5 | 51.2 | N/A | -16.4% |
| Total | 217 | 245 | 188 | 216 | -0.2% |
Top Export Markets for Wooden Frame Upholstered Seat from Malaysia in 2022:
- United Arab Emirates (996.0K units)
- Myanmar (37.4K units)
Imports of Wooden Frame Upholstered Seat in Malaysia
In 2022, imports of upholstered seats with wooden frames into Malaysia declined remarkably to 469K units, dropping by -49.7% against the previous year. Over the period under review, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 when imports increased by 196% against the previous year. As a result, imports attained the peak of 931K units, and then fell dramatically in the following year.
In value terms, wooden frame upholstered seat imports reduced dramatically to $43M in 2022. In general, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 305% against the previous year. As a result, imports attained the peak of $69M, and then dropped significantly in the following year.
| Import of Wooden Frame Upholstered Seat in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.6 | 14.9 | 61.5 | 40.4 | 25.2% |
| Others | 4.7 | 2.3 | 7.9 | 2.9 | -14.9% |
| Total | 25.3 | 17.2 | 69.5 | 43.3 | 19.6% |
Top Suppliers of Wooden Frame Upholstered Seat to Malaysia in 2022:
- China (450.3K units)
This report provides an in-depth analysis of the market for wooden frame upholstered seat in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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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