Algeria: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Algeria

In 2022, the Algerian wooden frame upholstered seat market decreased by -2.9% to $X, falling for the fifth consecutive year after two years of growth. Over the period under review, consumption recorded a deep slump. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of Upholstered Seats With Wooden Frames

Exports from Algeria

Wooden frame upholstered seat exports from Algeria fell to X units in 2022, reducing by -8.3% compared with 2021 figures. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2015 when exports increased by 189% against the previous year. The exports 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 expanded sharply to $X in 2022. In general, exports faced a abrupt descent. The growth pace was the most rapid in 2015 with an increase of 244%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for wooden frame upholstered seat exports from Algeria, with a 64% share of total exports. Moreover, wooden frame upholstered seat exports to the United States exceeded the volume sent to the second major destination, Ghana (X units), sevenfold. The third position in this ranking was taken by Niger (X units), with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (0.0% per year) and Niger (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for upholstered seats with wooden frames exports from Algeria, comprising 72% of total exports. The second position in the ranking was held by France ($X), with a 21% share of total exports. It was followed by Ghana, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+26.4% per year) and Ghana (-8.1% per year).

Export Prices by Country

The average wooden frame upholstered seat export price stood at $X per unit in 2022, with an increase of 15% against the previous year. In general, the export price, however, saw a pronounced setback. The growth pace was the most rapid in 2015 an increase of 19%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Niger ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+77.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Wooden Frames

Imports into Algeria

Wooden frame upholstered seat imports into Algeria fell dramatically to X units in 2022, reducing by -17.9% compared with the year before. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 75%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden frame upholstered seat imports rose remarkably to $X in 2022. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 77%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of wooden frame upholstered seat to Algeria, with a 58% share of total imports. Moreover, wooden frame upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-11.2% per year) and Italy (+12.9% per year).

In value terms, the largest wooden frame upholstered seat suppliers to Algeria were China ($X), Italy ($X) and Turkey ($X), with a combined 68% share of total imports. Malaysia, Portugal, France, Spain and the United States lagged somewhat behind, together comprising a further 15%.

Portugal, with a CAGR of +10.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average wooden frame upholstered seat import price amounted to $X per unit, picking up by 30% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 41%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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