Overview of the Global Market for Upholstered Seats With Wooden Frames

Market Size for Upholstered Seats With Wooden Frames

The global wooden frame upholstered seat market fell modestly to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the global market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Upholstered Seats With Wooden Frames

In value terms, wooden frame upholstered seat production dropped modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Global production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Exports of Upholstered Seats With Wooden Frames

Exports

After six years of growth, shipments abroad of upholstered seats with wooden frames decreased by X% to X units in 2022. Overall, total exports indicated a moderate expansion 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. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then fell in the following year.

In value terms, wooden frame upholstered seat exports dropped to $X in 2022. In general, total exports indicated a strong 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, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

In 2022, China (X units) represented the main exporter of upholstered seats with wooden frames, creating X% of total exports. Poland (X units) took the second position in the ranking, followed by Vietnam (X units). All these countries together took approx. X% share of total exports. The following exporters - Romania (X units), Italy (X units), Malaysia (X units), Mexico (X units), Turkey (X units) and the United States (X units) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), Turkey (X%), Mexico (X%), Romania (X%), Poland (X%), Malaysia (X%), Italy (X%) and the United States (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. Vietnam (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the global exports, while China 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, China ($X) remains the largest wooden frame upholstered seat supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Poland ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. In the other countries, the average annual rates were as follows: Poland (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average wooden frame upholstered seat export price amounted to $X per unit, increasing by X% against 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 2021 when the average export price increased by X% against the previous year. The global export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Upholstered Seats With Wooden Frames

Imports

After seven years of growth, overseas purchases of upholstered seats with wooden frames decreased by X% to X units in 2022. In general, total imports indicated a measured expansion 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 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, wooden frame upholstered seat imports dropped to $X in 2022. Over the period under review, total imports indicated a measured 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 pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

The United States prevails in imports structure, accounting for X units, which was near X% of total imports in 2022. It was distantly followed by Germany (X units) and the UK (X units), together mixing up a X% share of total imports. The following importers - France (X units), Australia (X units), Canada (X units), Japan (X units) and the Netherlands (X units) - together made up X% of total imports.

The United States was also the fastest-growing in terms of the upholstered seats with wooden frames imports, with a CAGR of X% from 2012 to 2022. At the same time, Germany (X%), the Netherlands (X%), France (X%), the UK (X%) and Australia (X%) displayed positive paces of growth. Canada and Japan experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average wooden frame upholstered seat import price amounted to $X per unit, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 Canada ($X per unit), while the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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