Report Update: Apr 1, 2024

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

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Price for Wooden Frame Upholstered Seat in New Zealand - 2023

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

The average wooden frame upholstered seat import price stood at $167 per unit in September 2023, shrinking by -7.2% against the previous month. Overall, the import price recorded a mild slump. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 24% against the previous month. The import price peaked at $271 per unit in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Thailand ($448 per unit), while the price for Malaysia ($31.3 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Thailand (+1.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average wooden frame upholstered seat export price amounted to $294 per unit, increasing by 70% against the previous year. Overall, the export price enjoyed prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($669 per unit), while the average price for exports to Samoa ($94 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 Japan (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wooden Frame Upholstered Seat in New Zealand

Wooden frame upholstered seat imports into New Zealand dropped remarkably to 523K units in 2022, waning by -30.3% on the year before. Overall, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of 751K units, and then contracted rapidly in the following year.

In value terms, wooden frame upholstered seat imports reduced remarkably to $119M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.4% 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 +30.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, imports attained the peak of $159M, and then dropped notably in the following year.

Import of Wooden Frame Upholstered Seat in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	77.4	70.6	129	88.4	4.5%
Vietnam	8.8	7.9	11.5	10.9	7.4%
Thailand	5.3	3.8	6.3	7.1	10.2%
Malaysia	2.3	1.7	2.4	2.6	4.2%
Indonesia	0.9	0.7	1.3	2.4	38.7%
Others	7.0	6.7	9.0	7.8	3.7%
Total	102	91.5	159	119	5.3%

Top Suppliers of Wooden Frame Upholstered Seat to New Zealand in 2022:

China (394.9K units)
Vietnam (53.5K units)
Malaysia (30.8K units)
Thailand (17.8K units)
Indonesia (9.7K units)

Exports of Wooden Frame Upholstered Seat in New Zealand

In 2022, approx. 7.9K units of upholstered seats with wooden frames were exported from New Zealand; with a decrease of -37.4% against the year before. Overall, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, the exports reached the peak of 13K units, and then shrank rapidly in the following year.

In value terms, wooden frame upholstered seat exports expanded notably to $2.3M in 2022. In general, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 88%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Wooden Frame Upholstered Seat in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	752	716	1,400	1,334	21.1%
Cook Islands	81.1	82.6	127	212	37.8%
Japan	39.7	9.7	59.1	110	40.5%
Papua New Guinea	5.6	N/A	9.5	88.3	150.8%
French Polynesia	11.6	5.3	1.2	87.9	96.4%
Fiji	73.8	55.2	39.8	85.5	5.0%
Singapore	60.5	25.4	98.8	54.1	-3.7%
United Arab Emirates	41.3	50.7	78.2	41.6	0.2%
Tonga	38.9	23.6	40.5	24.8	-13.9%
Samoa	59.7	29.3	23.4	8.0	-48.8%
Vietnam	19.6	21.3	N/A	N/A	8.7%
Others	239	152	321	293	7.0%
Total	1,422	1,171	2,198	2,339	18.0%

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

Australia (4796.0 units)
Cook Islands (594.0 units)
French Polynesia (486.0 units)
Fiji (299.0 units)
Japan (266.0 units)
Singapore (259.0 units)
Tonga (240.0 units)
United Arab Emirates (178.0 units)
Papua New Guinea (132.0 units)
Samoa (85.0 units)

Source: IndexBox Market Intelligence Platform

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

New Zealand

Data coverage:

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

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