MENA: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in MENA

After three years of growth, the MENA's metal frame upholstered seat market decreased by X% to $X in 2022. Over the period under review, consumption, however, enjoyed a prominent increase. The level of consumption peaked at $X in 2021, and then contracted in the following year.

Production of Upholstered Seats With Metal Frames in MENA

In value terms, metal frame upholstered seat production reduced to $X in 2022 estimated in export price. In general, production, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Upholstered Seats With Metal Frames

Exports in MENA

In 2022, the amount of upholstered seats with metal frames exported in MENA soared to X units, increasing by X% compared with 2021 figures. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat exports surged to $X in 2022. Over the period under review, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the main exporting country with an export of around X units, which reached X% of total exports. It was distantly followed by the United Arab Emirates (X units), mixing up a X% share of total exports. Kuwait (X units) followed a long way behind the leaders.

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

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

In Turkey, metal frame upholstered seat exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 Upholstered Seats With Metal Frames

Imports in MENA

In 2022, approx. X units of upholstered seats with metal frames were imported in MENA; declining by X% on 2021 figures. Over the period under review, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then dropped dramatically in the following year.

In value terms, metal frame upholstered seat imports fell significantly to $X in 2022. In general, imports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

The United Arab Emirates was the largest importer of upholstered seats with metal frames in MENA, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. Israel (X units) held the second position in the ranking, followed by Kuwait (X units) and Iraq (X units). All these countries together held approx. X% share of total imports. The following importers - Morocco (X units), Turkey (X units), Algeria (X units), Qatar (X units), Libya (X units), Bahrain (X units), Djibouti (X units) and Oman (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to metal frame upholstered seat imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%), Qatar (X%), Israel (X%), Djibouti (X%), Iraq (X%), Oman (X%), Bahrain (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Libya (X%), Algeria (X%) and Turkey (X%) illustrated a downward trend over the same period. While the share of Kuwait (X p.p.), Israel (X p.p.), Iraq (X p.p.), Qatar (X p.p.) and Djibouti (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkey (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal frame upholstered seat importing markets in MENA were Kuwait ($X), the United Arab Emirates ($X) and Israel ($X), together accounting for X% of total imports.

Among the main importing countries, Kuwait, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 MENA stood at $X per unit in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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