India: Market for Non-Upholstered Seats With Wooden Frames 2024

Market Size for Non-Upholstered Seats With Wooden Frames in India

The Indian wooden frame non-upholstered seat market totaled $X in 2022, remaining stable against the previous year. In general, the total consumption indicated a resilient 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, consumption decreased by X% against 2020 indices. Wooden frame non-upholstered seat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Non-Upholstered Seats With Wooden Frames in India

In value terms, wooden frame non-upholstered seat production amounted to $X in 2022 estimated in export price. Overall, production, however, posted a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Wooden frame non-upholstered seat production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Non-Upholstered Seats With Wooden Frames

Exports from India

Wooden frame non-upholstered seat exports from India plummeted to X units in 2022, with a decrease of X% compared with 2021 figures. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports contracted sharply to $X in 2022. In general, total exports indicated a pronounced 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

The United States (X units) was the main destination for wooden frame non-upholstered seat exports from India, with a X% share of total exports. Moreover, wooden frame non-upholstered seat exports to the United States exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The UK (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the UK (X% per year).

In value terms, the United States ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from India, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Germany (X% per year).

Export Prices by Country

The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price showed a strong increase. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Poland ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into India

Wooden frame non-upholstered seat imports into India rose rapidly to X units in 2022, surging by X% compared with 2021 figures. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, wooden frame non-upholstered seat imports expanded rapidly to $X in 2022. In general, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X units) constituted the largest wooden frame non-upholstered seat supplier to India, accounting for a X% share of total imports. Moreover, wooden frame non-upholstered seat imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Indonesia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Indonesia (X% per year).

In value terms, Malaysia ($X), China ($X) and Indonesia ($X) appeared to be the largest wooden frame non-upholstered seat suppliers to India, together accounting for X% of total imports. Sri Lanka, Turkey and Vietnam lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, remaining stable against the previous year. In general, the import price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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