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

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

The Argentinian wooden frame non-upholstered seat market soared to $X in 2022, increasing by 39% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Argentina

In 2022, after four years of decline, there was significant growth in shipments abroad of non-upholstered seats with wooden frames, when their volume increased by 19% to X units. Over the period under review, exports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of 105% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wooden frame non-upholstered seat exports surged to $X in 2022. Overall, exports, however, recorded a deep contraction. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X units), the United States (X units) and Chile (X units) were the main destinations of wooden frame non-upholstered seat exports from Argentina.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of -4.3%), while shipments for the other leaders experienced a decline.

In value terms, Uruguay ($X), the United States ($X) and Chile ($X) constituted the largest markets for wooden frame non-upholstered seat exported from Argentina worldwide, with a combined 99.9% share of total exports.

Among the main countries of destination, the United States, with a CAGR of -4.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, jumping by 54% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Uruguay ($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 Switzerland (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Argentina

Wooden frame non-upholstered seat imports into Argentina skyrocketed to X units in 2022, with an increase of 29% on the year before. Over the period under review, imports saw a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by 104% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, wooden frame non-upholstered seat imports soared to $X in 2022. In general, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 123% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 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 Argentina, with a 89% share of total imports. Moreover, wooden frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. The third position in this ranking was taken by Indonesia (X units), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-9.6% per year) and Indonesia (+1.4% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Argentina, comprising 78% of total imports. The second position in the ranking was held by Indonesia ($X), with an 8.5% share of total imports. It was followed by Malaysia, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +31.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+5.9% per year) and Malaysia (-7.8% per year).

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, increasing by 12% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 +98.9% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 77% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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