Angola: Market for Non-Upholstered Seats With Wooden Frames 2024

Market Size for Non-Upholstered Seats With Wooden Frames in Angola

The Angolan wooden frame non-upholstered seat market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption, however, faced a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Angola

After two years of growth, overseas shipments of non-upholstered seats with wooden frames decreased by -34.6% to X units in 2022. Overall, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2016 when exports increased by 170%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports fell dramatically to $X in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 2,030% against the previous year. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

The United States (X units), Mozambique (X units) and Sao Tome and Principe (X units) were the main destinations of wooden frame non-upholstered seat exports from Angola, with a combined 41% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +27.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden frame non-upholstered seat exported from Angola were the United States ($X), Sao Tome and Principe ($X) and Mozambique ($X), with a combined 47% share of total exports. Portugal, Germany, Democratic Republic of the Congo, the UK, Israel, Cabo Verde, Cuba, Belgium, Congo and Italy lagged somewhat behind, together comprising a further 35%.

Among the main countries of destination, Israel, with a CAGR of +233.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, increasing by 4.6% against the previous year. Overall, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 1,125% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to Italy ($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 Israel (+233.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Angola

In 2022, overseas purchases of non-upholstered seats with wooden frames were finally on the rise to reach X units after two years of decline. In general, imports, however, saw a dramatic setback. The growth pace was the most rapid in 2017 with an increase of 36% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, wooden frame non-upholstered seat imports amounted to $X in 2022. Over the period under review, imports, however, recorded a deep slump. The pace of growth was the most pronounced in 2019 when imports increased by 53% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of wooden frame non-upholstered seat to Angola, accounting for a 74% share of total imports. Moreover, wooden frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), sixfold. Brazil (X units) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-29.5% per year) and Brazil (-30.6% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Angola, comprising 59% of total imports. The second position in the ranking was held by Portugal ($X), with a 21% share of total imports. It was followed by Turkey, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-23.4% per year) and Turkey (+26.1% per year).

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, with a decrease of -9.2% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame non-upholstered seat import price increased by +111.3% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 44%. The import price peaked at $X per unit in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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