Report Update: Apr 1, 2024

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

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Price for Wooden Frame Upholstered Seat in Russia - 2022

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

In January 2022, the average wooden frame upholstered seat import price amounted to $72.7 per unit, which is down by -24.3% against the previous month. Over the period under review, import price indicated a mild expansion from January 2021 to January 2022: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, wooden frame upholstered seat import price decreased by -30.5% against November 2021 indices. The most prominent rate of growth was recorded in November 2021 when the average import price increased by 51% m-o-m. As a result, import price reached the peak level of $105 per unit. From December 2021 to January 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($139 per unit), while the price for Bulgaria ($35.8 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Romania (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average wooden frame upholstered seat export price stood at $76.1 per unit in January 2022, with a decrease of -9% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2021 when the average export price increased by 60% against the previous month. The export price peaked at $102 per unit in June 2021; however, from July 2021 to January 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($105 per unit), while the average price for exports to Belarus ($36.6 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wooden Frame Upholstered Seat in Russia

In 2022, after three years of growth, there was significant decline in overseas purchases of upholstered seats with wooden frames, when their volume decreased by -11% to 1M units. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of 1.1M units, and then shrank in the following year.

In value terms, wooden frame upholstered seat imports contracted to $77M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of $87M, and then declined in the following year.

Import of Wooden Frame Upholstered Seat in Russia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	17.2	15.9	23.9	24.9	13.1%
Belarus	16.7	17.1	24.1	18.9	4.2%
Italy	9.0	10.8	12.3	7.0	-8.0%
Poland	3.0	3.4	5.4	5.4	21.6%
Malaysia	3.6	2.7	1.7	4.3	6.1%
Vietnam	1.7	1.6	2.1	2.6	15.2%
Bulgaria	N/A	0.1	0.7	0.6	144.9%
Romania	1.3	1.5	1.3	0.4	-32.5%
Others	13.9	13.0	15.9	12.6	-3.2%
Total	66.5	66.1	87.3	76.7	4.9%

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

China (566.7K units)
Belarus (134.9K units)
Malaysia (109.2K units)
Poland (87.6K units)
Vietnam (18.0K units)
Bulgaria (15.8K units)
Italy (9.7K units)
Romania (8.3K units)

Exports of Wooden Frame Upholstered Seat in Russia

After three years of growth, overseas shipments of upholstered seats with wooden frames decreased by -12.5% to 243K units in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, the exports attained the peak of 278K units, and then fell in the following year.

In value terms, wooden frame upholstered seat exports fell markedly to $18M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of $23M, and then fell remarkably in the following year.

Export of Wooden Frame Upholstered Seat in Russia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Kazakhstan	7.7	7.0	13.8	9.6	7.6%
Germany	1.5	1.5	1.6	2.3	15.3%
Belarus	1.3	1.7	2.3	1.8	11.5%
Ukraine	0.3	0.6	1.3	0.9	44.2%
Kyrgyzstan	0.7	0.6	0.9	0.9	8.7%
Estonia	0.2	0.2	0.3	0.2	0.0%
Others	1.4	1.7	3.2	2.5	21.3%
Total	12.9	13.3	23.4	18.3	12.4%

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

Kazakhstan (130.3K units)
Belarus (47.8K units)
Germany (21.9K units)
Ukraine (11.2K units)
Kyrgyzstan (10.0K units)
Estonia (3.2K units)

Source: IndexBox Market Intelligence Platform

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

Russia

Data coverage:

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