Australia and Oceania: Market for Non-Upholstered Seats With Wooden Frames 2024

Market Size for Non-Upholstered Seats With Wooden Frames in Australia and Oceania

In 2022, the wooden frame non-upholstered seat market in Australia and Oceania increased by 13% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +46.1% against 2020 indices. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Production of Non-Upholstered Seats With Wooden Frames in Australia and Oceania

In value terms, wooden frame non-upholstered seat production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by 31%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports in Australia and Oceania

In 2022, the amount of non-upholstered seats with wooden frames exported in Australia and Oceania reached X units, increasing by 14% compared with the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by 89%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wooden frame non-upholstered seat exports surged to $X in 2022. Overall, exports enjoyed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand was the main exporter of non-upholstered seats with wooden frames in Australia and Oceania, with the volume of exports amounting to X units, which was near 70% of total exports in 2022. Australia (X units) held the second position in the ranking, distantly followed by New Caledonia (X units). All these countries together held approx. 27% share of total exports.

Exports from New Zealand increased at an average annual rate of +3.7% from 2012 to 2022. At the same time, New Caledonia (+23.6%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +23.6% from 2012-2022. By contrast, Australia (-2.9%) illustrated a downward trend over the same period. New Zealand (+21 p.p.) and New Caledonia (+4.3 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -7.9% from 2012 to 2022, respectively.

In value terms, New Zealand ($X) remains the largest wooden frame non-upholstered seat supplier in Australia and Oceania, comprising 67% of total exports. The second position in the ranking was taken by Australia ($X), with a 30% share of total exports.

In New Zealand, wooden frame non-upholstered seat exports increased at an average annual rate of +7.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (+8.7% per year) and New Caledonia (+20.3% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, increasing by 57% against the previous year. Export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.4% 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 export price increased by +73.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 63%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+12.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Upholstered Seats With Wooden Frames

Imports in Australia and Oceania

In 2022, the amount of non-upholstered seats with wooden frames imported in Australia and Oceania declined slightly to X units, stabilizing at 2021 figures. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, wooden frame non-upholstered seat imports surged to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% 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 +58.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Australia was the main importing country with an import of about X units, which reached 87% of total imports. It was distantly followed by New Zealand (X units), achieving a 12% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of non-upholstered seats with wooden frames. At the same time, New Zealand (+2.7%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +2.7% from 2012-2022. While the share of New Zealand (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-1.9 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported non-upholstered seats with wooden frames in Australia and Oceania, comprising 85% of total imports. The second position in the ranking was held by New Zealand ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at +6.8%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, increasing by 19% against the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% 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 +70.3% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.2%).

Source: IndexBox Platform

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