Turkey - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

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

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Price for Wooden Frame Upholstered Seat in Turkey - 2023

Contents:

  1. Price for Wooden Frame Upholstered Seat in Turkey (FOB) - 2022
  2. Price for Wooden Frame Upholstered Seat in Turkey (CIF) - 2022
  3. Exports of Wooden Frame Upholstered Seat in Turkey
  4. Imports of Wooden Frame Upholstered Seat in Turkey

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

In 2022, the average wooden frame upholstered seat export price amounted to $338 per unit, increasing by 54% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices attained the peak figure at $414 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Serbia ($338 per unit) and the Netherlands ($338 per unit), while the average price for exports to Libya ($338 per unit) and Nigeria ($338 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average wooden frame upholstered seat import price amounted to $232 per unit, increasing by 3.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 17% against the previous year. The import price peaked at $234 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($232 per unit) and Lithuania ($232 per unit), while the price for Malaysia ($232 per unit) and Indonesia ($232 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wooden Frame Upholstered Seat in Turkey

In 2022, overseas shipments of upholstered seats with wooden frames decreased by -27.4% to 1.5M units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 102% against the previous year. As a result, the exports attained the peak of 2M units, and then reduced sharply in the following year.

In value terms, wooden frame upholstered seat exports rose notably to $499M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Wooden Frame Upholstered Seat in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq85.876.289.991.22.1%
Israel25.727.540.536.112.0%
Qatar14.512.517.730.528.1%
United States8.311.627.325.745.8%
Germany13.518.922.624.321.6%
United Arab Emirates13.414.321.123.520.6%
France7.910.718.618.833.5%
Libya20.111.818.917.1-5.2%
Netherlands5.46.29.912.331.6%
United Kingdom3.23.79.511.251.8%
Romania3.14.97.810.148.2%
Serbia4.34.68.89.630.7%
Nigeria4.15.17.88.728.5%
Others10611414718019.3%
Total31532244749916.6%

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

  1. Iraq (269.7K units)
  2. Israel (106.9K units)
  3. Qatar (90.1K units)
  4. United States (76.0K units)
  5. Germany (71.9K units)
  6. United Arab Emirates (69.5K units)
  7. France (55.7K units)
  8. Libya (50.6K units)
  9. Netherlands (36.5K units)
  10. United Kingdom (33.2K units)
  11. Romania (30.0K units)
  12. Serbia (28.3K units)
  13. Nigeria (25.8K units)

Imports of Wooden Frame Upholstered Seat in Turkey

In 2022, wooden frame upholstered seat imports into Turkey skyrocketed to 127K units, jumping by 18% against the previous year. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden frame upholstered seat imports skyrocketed to $29M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +46.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wooden Frame Upholstered Seat in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania8.58.69.18.91.5%
Italy4.24.55.57.521.3%
China0.91.21.23.049.4%
Poland1.21.01.72.731.0%
Indonesia0.30.20.61.258.7%
Vietnam0.70.90.91.116.3%
Malaysia1.30.50.71.0-8.4%
Lithuania0.60.70.50.60.0%
Others2.82.44.03.57.7%
Total20.620.124.329.512.7%

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

  1. Romania (38.2K units)
  2. Italy (32.5K units)
  3. China (12.8K units)
  4. Poland (11.7K units)
  5. Indonesia (5.0K units)
  6. Vietnam (4.8K units)
  7. Malaysia (4.5K units)
  8. Lithuania (2.6K units)

Source: IndexBox Market Intelligence Platform

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

  • Turkey

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Upholstered Seats With Wooden Frames - Turkey