GCC: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in GCC

In 2022, the GCC metal frame non-upholstered seat market increased by X% to $X, rising for the sixth consecutive year after two years of decline. Overall, consumption, however, saw a buoyant increase. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Production of Non-Upholstered Seats With Metal Frames in GCC

In value terms, metal frame non-upholstered seat production expanded modestly to $X in 2022 estimated in export price. In general, production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Non-Upholstered Seats With Metal Frames

Exports in GCC

In 2022, overseas shipments of non-upholstered seats with metal frames increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal frame non-upholstered seat exports skyrocketed to $X in 2022. Over the period under review, exports saw a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates dominates exports structure, resulting at X units, which was approx. X% of total exports in 2022. The following exporters - Kuwait (X units) and Bahrain (X units) - each amounted to a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal frame non-upholstered seat exports from the United Arab Emirates stood at X%. At the same time, Bahrain (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. While the share of Kuwait (X p.p.) and Bahrain (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest metal frame non-upholstered seat supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with a X% share of total exports.

In the United Arab Emirates, metal frame non-upholstered seat exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bahrain (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, which is down by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Upholstered Seats With Metal Frames

Imports in GCC

In 2022, approx. X units of non-upholstered seats with metal frames were imported in GCC; waning by X% compared with the previous year's figure. Total imports indicated tangible growth from 2012 to 2022: its volume 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 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then contracted remarkably in the following year.

In value terms, metal frame non-upholstered seat imports declined to $X in 2022. In general, imports showed a slight curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units) and Kuwait (X units) dominates imports structure, together constituting X% of total imports. Qatar (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Oman (X%). Bahrain (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Qatar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal frame non-upholstered seat importing markets in GCC were the United Arab Emirates ($X), Kuwait ($X) and Qatar ($X), with a combined X% share of total imports.

Kuwait, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Qatar ($X per unit) and the United Arab Emirates ($X per unit), while Kuwait ($X per unit) and Oman ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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