Dominican Republic - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wooden Frame Upholstered Seat in the Dominican Republic - 2023
Contents:
- Price for Wooden Frame Upholstered Seat in the Dominican Republic (CIF) - 2022
- Price for Wooden Frame Upholstered Seat in the Dominican Republic (FOB) - 2022
- Imports of Wooden Frame Upholstered Seat in the Dominican Republic
- Exports of Wooden Frame Upholstered Seat in the Dominican Republic
Price for Wooden Frame Upholstered Seat in the Dominican Republic (CIF) - 2022
In 2022, the average wooden frame upholstered seat import price amounted to $248 per unit, picking up by 11% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame upholstered seat import price increased by +48.7% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 82%. As a result, import price attained the peak level of $358 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($485 per unit), while the price for Malaysia ($85 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wooden Frame Upholstered Seat in the Dominican Republic (FOB) - 2022
The average wooden frame upholstered seat export price stood at $261 per unit in 2022, surging by 11% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 24% against the previous year. The export price peaked at $384 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 France ($587 per unit), while the average price for exports to Haiti ($82 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 France (+6.9%), while the prices for the other major destinations experienced a decline.
Imports of Wooden Frame Upholstered Seat in the Dominican Republic
Wooden frame upholstered seat imports into the Dominican Republic soared to 70K units in 2022, jumping by 18% compared with 2021. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, wooden frame upholstered seat imports soared to $17M in 2022. Overall, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Wooden Frame Upholstered Seat in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.2 | 5.4 | 9.4 | 10.8 | 5.5% |
| Brazil | 0.3 | 0.3 | 1.1 | 1.7 | 78.3% |
| United States | 0.5 | 0.6 | 0.5 | 1.2 | 33.9% |
| Spain | 1.3 | 0.6 | 0.7 | 0.9 | -11.5% |
| Malaysia | 0.5 | 0.3 | 0.4 | 0.8 | 17.0% |
| Turkey | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Others | 1.6 | 0.7 | 1.0 | 1.6 | 0.0% |
| Total | 13.4 | 8.0 | 13.1 | 17.2 | 8.7% |
Top Suppliers of Wooden Frame Upholstered Seat to the Dominican Republic in 2022:
- China (46.2K units)
- Malaysia (8.8K units)
- Brazil (4.4K units)
- United States (2.6K units)
- Spain (2.2K units)
- Turkey (1.5K units)
Exports of Wooden Frame Upholstered Seat in the Dominican Republic
After three years of growth, shipments abroad of upholstered seats with wooden frames decreased by -16.1% to 13K units in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 181%. Over the period under review, the exports reached the maximum at 15K units in 2021, and then dropped remarkably in the following year.
In value terms, wooden frame upholstered seat exports shrank to $3.4M in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 158%. Over the period under review, the exports attained the maximum at $3.6M in 2021, and then declined in the following year.
| Export of Wooden Frame Upholstered Seat in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 569 | 1,602 | 2,514 | 2,624 | 66.5% |
| France | 21.6 | 16.4 | 16.8 | 120 | 77.1% |
| Barbados | 21.6 | 64.0 | 70.8 | 97.2 | 65.1% |
| Haiti | 55.1 | 30.7 | 358 | 80.6 | 13.5% |
| Jamaica | 11.5 | 49.0 | 32.5 | 71.0 | 83.5% |
| Trinidad and Tobago | 55.9 | 90.1 | 368 | 67.4 | 6.4% |
| Others | 69.6 | 225 | 264 | 322 | 66.6% |
| Total | 805 | 2,077 | 3,623 | 3,382 | 61.4% |
Top Export Markets for Wooden Frame Upholstered Seat from the Dominican Republic in 2022:
- United States (9.6K units)
- Haiti (1.0K units)
- Barbados (0.5K units)
- Jamaica (0.3K units)
- France (0.2K units)
- Trinidad and Tobago (0.2K units)
This report provides an in-depth analysis of the market for wooden frame upholstered seat in the Dominican Republic. 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:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- 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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