Kuwait: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Kuwait

For the third year in a row, the Kuwaiti wooden frame upholstered seat market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption saw a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Upholstered Seats With Wooden Frames in Kuwait

In value terms, wooden frame upholstered seat production fell sharply to $X in 2022 estimated in export price. Over the period under review, production enjoyed significant growth. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Wooden frame upholstered seat production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Upholstered Seats With Wooden Frames

Exports from Kuwait

Wooden frame upholstered seat exports from Kuwait soared to X units in 2022, with an increase of X% on the year before. Over the period under review, exports showed a significant increase. 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. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X units) was the main destination for wooden frame upholstered seat exports from Kuwait, accounting for a X% share of total exports. Moreover, wooden frame upholstered seat exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X units), fourfold.

From 2013 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Iraq (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for upholstered seats with wooden frames exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Qatar ($X), with an X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Iraq (X% per year).

Export Prices by Country

In 2022, the average wooden frame upholstered seat export price amounted to $X per unit, which is down by X% against the previous year. In general, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced a decline.

Imports of Upholstered Seats With Wooden Frames

Imports into Kuwait

In 2022, the amount of upholstered seats with wooden frames imported into Kuwait surged to X units, with an increase of X% on 2021 figures. Overall, imports posted a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, wooden frame upholstered seat imports soared to $X in 2022. Over the period under review, imports showed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

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

From 2013 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

In value terms, China ($X) constituted the largest supplier of upholstered seats with wooden frames to Kuwait, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2013 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average wooden frame upholstered seat import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a slight shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 the United Arab Emirates ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :