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

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

In 2022, the Iraqi wooden frame non-upholstered seat market increased by X% to $X, rising for the sixth consecutive year after three years of decline. Over the period under review, consumption saw a prominent increase. Wooden frame non-upholstered seat consumption peaked in 2022 and is expected to retain growth in the near future.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Iraq

In 2022, after two years of growth, there was significant decline in overseas shipments of non-upholstered seats with wooden frames, when their volume decreased by X% to X units. Over the period under review, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2021, and then shrank in the following year.

In value terms, wooden frame non-upholstered seat exports contracted to $X in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Turkey (X units), the UK (X units) and the Netherlands (X units) were the main destinations of wooden frame non-upholstered seat exports from Iraq, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X), the UK ($X) and the Netherlands ($X) appeared to be the largest markets for wooden frame non-upholstered seat exported from Iraq worldwide, together accounting for X% of total exports.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price posted a tangible increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the UK ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Non-Upholstered Seats With Wooden Frames

Imports into Iraq

In 2022, approx. X units of non-upholstered seats with wooden frames were imported into Iraq; growing by X% on 2021. In general, total imports indicated mild 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 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, wooden frame non-upholstered seat imports skyrocketed to $X in 2022. Overall, imports recorded a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

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

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Kuwait (X% per year).

In value terms, Turkey ($X), China ($X) and Kuwait ($X) were the largest wooden frame non-upholstered seat suppliers to Iraq, together accounting for X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, import price indicated temperate growth 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 non-upholstered seat import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 China ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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