Africa: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in Africa

The African metal frame upholstered seat market declined to $X in 2021, which is down by -13.7% against the previous year. Over the period under review, consumption, however, posted a prominent expansion. The level of consumption peaked at $X in 2020, and then reduced in the following year.

Production of Upholstered Seats With Metal Frames in Africa

In value terms, metal frame upholstered seat production declined sharply to $X in 2021 estimated in export price. Overall, production, however, recorded a resilient expansion. The growth pace was the most rapid in 2016 when the production volume increased by 109% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then contracted rapidly in the following year.

Exports of Upholstered Seats With Metal Frames

Exports in Africa

In 2021, shipments abroad of upholstered seats with metal frames increased by 75% to X units, rising for the second year in a row after two years of decline. Overall, exports showed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat exports surged to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 72% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa represented the largest exporting country with an export of about X units, which amounted to 56% of total exports. It was distantly followed by Cote d'Ivoire (X units), Democratic Republic of the Congo (X units) and Tunisia (X units), together achieving a 35% share of total exports. Nigeria (X units) and Morocco (X units) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to metal frame upholstered seat exports from South Africa stood at +4.7%. At the same time, Democratic Republic of the Congo (+546.6%), Cote d'Ivoire (+84.0%), Nigeria (+47.4%) and Tunisia (+19.9%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in Africa, with a CAGR of +546.6% from 2012-2021. Morocco experienced a relatively flat trend pattern. From 2012 to 2021, the share of Cote d'Ivoire, Democratic Republic of the Congo, Nigeria and Tunisia increased by +17, +13, +3.3 and +2.8 percentage points, respectively.

In value terms, South Africa ($X) remains the largest metal frame upholstered seat supplier in Africa, comprising 70% of total exports. The second position in the ranking was held by Tunisia ($X), with a 13% share of total exports. It was followed by Morocco, with a 5.8% share.

In South Africa, metal frame upholstered seat exports contracted by an average annual rate of -3.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (+15.2% per year) and Morocco (+3.0% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per unit, declining by -18.2% against the previous year. In general, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 38% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Morocco ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+3.8%), while the other leaders experienced a decline in the export price figures.

Imports of Upholstered Seats With Metal Frames

Imports in Africa

In 2021, supplies from abroad of upholstered seats with metal frames decreased by -6% to X units, falling for the second consecutive year after two years of growth. In general, imports recorded a drastic downturn. The growth pace was the most rapid in 2018 with an increase of 57%. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, metal frame upholstered seat imports dropped slightly to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 50% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of metal frame upholstered seat imports in 2021 were Ghana (X units), Tanzania (X units), South Africa (X units), Cote d'Ivoire (X units), Morocco (X units), Angola (X units), Senegal (X units), Algeria (X units), Cameroon (X units), Togo (X units), Democratic Republic of the Congo (X units) and Libya (X units), together amounting to 80% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Senegal (with a CAGR of +23.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal frame upholstered seat importing markets in Africa were Ghana ($X), Tanzania ($X) and Morocco ($X), together accounting for 32% of total imports. These countries were followed by South Africa, Cote d'Ivoire, Angola, Senegal, Algeria, Cameroon, Togo, Libya and Democratic Republic of the Congo, which together accounted for a further 41%.

Among the main importing countries, Cote d'Ivoire, with a CAGR of +28.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Africa amounted to $X per unit, surging by 5.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.4%. The growth pace was the most rapid in 2013 when the import price increased by 57%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Morocco ($X per unit) and Libya ($X per unit), while Cameroon ($X per unit) and Algeria ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+10.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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