SADC: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in SADC

The SADC wooden frame upholstered seat market declined to $X in 2022, falling by X% against the previous year. The total consumption indicated a pronounced expansion 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, consumption increased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Upholstered Seats With Wooden Frames in SADC

In value terms, wooden frame upholstered seat production dropped to $X in 2022 estimated in export price. The total production 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Exports of Upholstered Seats With Wooden Frames

Exports in SADC

In 2022, shipments abroad of upholstered seats with wooden frames increased by X% to X units, rising for the third consecutive year after two years of decline. Total exports indicated a perceptible increase 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, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, wooden frame upholstered seat exports reduced to $X in 2022. In general, exports, however, continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from South Africa (X units), together resulting at X% of total export.

South Africa was also the fastest-growing in terms of the upholstered seats with wooden frames exports, with a CAGR of X% from 2012 to 2022. While the share of South Africa (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest wooden frame upholstered seat supplier in SADC.

In South Africa, wooden frame upholstered seat exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Upholstered Seats With Wooden Frames

Imports in SADC

In 2022, the amount of upholstered seats with wooden frames imported in SADC dropped markedly to X units, which is down by X% against the previous year's figure. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then reduced dramatically in the following year.

In value terms, wooden frame upholstered seat imports fell remarkably to $X in 2022. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

South Africa prevails in imports structure, reaching X units, which was approx. X% of total imports in 2022. Botswana (X units) ranks second in terms of the total imports with a X% share, followed by Namibia (X%) and Angola (X%). The following importers - Democratic Republic of the Congo (X units), Mozambique (X units) and Swaziland (X units) - together made up X% of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%), Namibia (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Mozambique and Democratic Republic of the Congo experienced a relatively flat trend pattern. By contrast, Angola (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Botswana (X p.p.), Namibia (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while Angola saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported upholstered seats with wooden frames in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Namibia, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Angola (X% per year) and Namibia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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