MERCOSUR: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in MERCOSUR

The MERCOSUR wooden frame upholstered seat market fell modestly to $X in 2022, which is down by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Upholstered Seats With Wooden Frames in MERCOSUR

In value terms, wooden frame upholstered seat production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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Exports of Upholstered Seats With Wooden Frames

Exports in MERCOSUR

After four years of growth, overseas shipments of upholstered seats with wooden frames decreased by X% to X units in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then contracted in the following year.

In value terms, wooden frame upholstered seat exports skyrocketed to $X in 2022. In general, exports, however, showed a strong expansion. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Brazil dominates exports structure, amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Ecuador (X units), committing an X% share of total exports. The following exporters - Chile (X units) and Colombia (X units) - together made up X% of total exports.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Ecuador (X%) and Chile (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) and Ecuador (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Colombia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest wooden frame upholstered seat supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

In Brazil, wooden frame upholstered seat exports expanded 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: Ecuador (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

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

Imports of Upholstered Seats With Wooden Frames

Imports in MERCOSUR

In 2022, wooden frame upholstered seat imports in MERCOSUR declined notably to X units, waning by X% on 2021 figures. Total imports indicated pronounced 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 most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then fell remarkably in the following year.

In value terms, wooden frame upholstered seat imports declined to $X in 2022. Total imports indicated a pronounced increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Chile (X units) represented the main importer of upholstered seats with wooden frames, generating X% of total imports. It was distantly followed by Brazil (X units), Peru (X units) and Uruguay (X units), together generating a X% share of total imports. Argentina (X units), Colombia (X units) and Venezuela (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wooden frame upholstered seat imports into Chile stood at X%. At the same time, Uruguay (X%), Brazil (X%), Peru (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%) and Venezuela (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Brazil (X p.p.) and Uruguay (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (X p.p.) and Venezuela (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported upholstered seats with wooden frames in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Uruguay ($X), with a X% share of total imports. It was followed by Peru, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Chile totaled X%. In the other countries, the average annual rates were as follows: Uruguay (X% per year) and Peru (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, recorded a mild curtailment. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Venezuela ($X per unit), while Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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