Overview of the Global Market for Upholstered Seats With Metal Frames

Market Size for Upholstered Seats With Metal Frames

The global metal frame upholstered seat market rose markedly to $X in 2022, increasing by X% against the previous year. In general, the total consumption indicated strong growth 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 2014 indices. Over the period under review, the global market attained the maximum level in 2022 and is expected to retain growth in years to come.

Production of Upholstered Seats With Metal Frames

In value terms, metal frame upholstered seat production expanded significantly to $X in 2022 estimated in export price. Overall, the total production indicated a noticeable 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 decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Exports of Upholstered Seats With Metal Frames

Exports

After five years of growth, overseas shipments of upholstered seats with metal frames decreased by X% to X units in 2022. Overall, total exports indicated perceptible 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, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the global exports attained the peak figure at X units in 2021, and then declined in the following year.

In value terms, metal frame upholstered seat exports fell slightly to $X in 2022. Over the period under review, exports, however, showed noticeable growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank slightly in the following year.

Exports by Country

China dominates exports structure, finishing at X units, which was near X% of total exports in 2022. The following exporters - the Netherlands (X units), Poland (X units) and Vietnam (X units) - each reached a X% share of total exports.

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

In value terms, China ($X) remains the largest metal frame upholstered seat supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of global exports. It was followed by Poland, with a X% share.

In China, metal frame upholstered seat exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Poland (X% per year).

Export Prices by Country

The average metal frame upholstered seat export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Vietnam ($X per unit), while China ($X per unit) was amongst the lowest.

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

Imports of Upholstered Seats With Metal Frames

Imports

After five years of growth, purchases abroad of upholstered seats with metal frames decreased by X% to X units in 2022. Over the period under review, total imports indicated a prominent 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, metal frame upholstered seat imports rose slightly to $X in 2022. In general, total imports indicated a resilient 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, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, global imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

The United States represented the main importer of upholstered seats with metal frames in the world, with the volume of imports recording X units, which was near X% of total imports in 2022. Germany (X units) held the second position in the ranking, followed by the Netherlands (X units). All these countries together took approx. X% share of total imports. The following importers - France (X units), the UK (X units), Japan (X units), Australia (X units), Canada (X units), Poland (X units), Spain (X units), Thailand (X units), Russia (X units) and Belgium (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 States stood at X%. At the same time, Poland (X%), the Netherlands (X%), the UK (X%), Thailand (X%), Belgium (X%), France (X%), Germany (X%), Australia (X%), Russia (X%), Spain (X%) and Canada (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States and the Netherlands increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported upholstered seats with metal frames worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

In the United States, metal frame upholstered seat imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average metal frame upholstered seat import price amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 Canada ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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