Central Asia: Market for Upholstered Seats With Wooden Frames 2024

Exports of Upholstered Seats With Wooden Frames

Exports in Central Asia

In 2022, shipments abroad of upholstered seats with wooden frames increased by X% to X units, rising for the third year in a row after two years of decline. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden frame upholstered seat exports surged to $X in 2022. Overall, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Uzbekistan (X units) represented roughly X% of total exports in 2022.

Uzbekistan was also the fastest-growing in terms of the upholstered seats with wooden frames exports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) also remains the largest wooden frame upholstered seat supplier in Central Asia.

In Uzbekistan, wooden frame upholstered seat exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, waning by X% against the previous year. Overall, the export price saw a dramatic decrease. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2012 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to X% per year.

Imports of Upholstered Seats With Wooden Frames

Imports in Central Asia

In 2022, supplies from abroad of upholstered seats with wooden frames increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, saw a mild decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, wooden frame upholstered seat imports rose markedly to $X in 2022. Total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Kazakhstan was the key importing country with an import of around X units, which recorded X% of total imports. Mongolia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (X%). The following importers - Turkmenistan (X units), Kyrgyzstan (X units) and Tajikistan (X units) - each finished at an X% share of total imports.

Imports into Kazakhstan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Tajikistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Turkmenistan (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mongolia, Uzbekistan and Tajikistan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported upholstered seats with wooden frames in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Mongolia ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Kazakhstan, wooden frame upholstered seat imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mongolia (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, shrinking by X% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkmenistan ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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