Middle East: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in the Middle East

In 2022, after three years of growth, there was significant decline in the Middle Eastern metal frame upholstered seat market, when its value decreased by X% to $X. Over the period under review, consumption, however, saw a buoyant increase. The level of consumption peaked at $X in 2021, and then contracted dramatically in the following year.

Production of Upholstered Seats With Metal Frames in the Middle East

In value terms, metal frame upholstered seat production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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 Metal Frames

Exports in the Middle East

In 2022, the amount of upholstered seats with metal frames exported in the Middle East skyrocketed to X units, jumping by X% against 2021. Overall, exports posted a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

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

Exports by Country

In 2022, Turkey (X units) was the main exporter of upholstered seats with metal frames, making up X% of total exports. It was distantly followed by the United Arab Emirates (X units), achieving a X% share of total exports. Kuwait (X units) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. 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 the Middle East, with a CAGR of X% from 2012-2022. Turkey (X p.p.), the United Arab Emirates (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at X%. 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 the Middle East amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. 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.

Prices varied noticeably by country of origin: 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 the Middle East

In 2022, the amount of upholstered seats with metal frames imported in the Middle East declined markedly to X units, which is down by X% on 2021. Over the period under review, imports continue to indicate a noticeable decrease. 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 notably in the following year.

In value terms, metal frame upholstered seat imports contracted dramatically to $X in 2022. Overall, imports saw a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, the United Arab Emirates (X units) represented the key importer of upholstered seats with metal frames, committing X% of total imports. Israel (X units) held the second position in the ranking, followed by Kuwait (X units) and Iraq (X units). All these countries together held near X% share of total imports. Turkey (X units), Qatar (X units) and Bahrain (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 imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%), Qatar (X%), Israel (X%), Iraq (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, 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.) and Qatar (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, Kuwait ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained 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 Kuwait ($X per unit), while the United Arab Emirates ($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

Frequently Asked Questions (FAQ) :