Australia: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in Australia

The Australian metal frame non-upholstered seat market soared to $X in 2021, picking up by 36% 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). In general, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +68.0% against 2016 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Australia

In 2021, shipments abroad of non-upholstered seats with metal frames decreased by -48.6% to X units, falling for the third year in a row after two years of growth. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 45% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal frame non-upholstered seat exports dropped dramatically to $X in 2021. Overall, exports saw a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 67% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X units), the United States (X units) and Samoa (X units) were the main destinations of metal frame non-upholstered seat exports from Australia, with a combined 69% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Samoa (with a CAGR of +114.6%), while the other leaders experienced mixed trend patterns.

In value terms, New Zealand ($X), the United States ($X) and China ($X) constituted the largest markets for metal frame non-upholstered seat exported from Australia worldwide, with a combined 63% share of total exports. Malta, Hong Kong SAR, Samoa, Papua New Guinea and Singapore lagged somewhat behind, together accounting for a further 20%.

Samoa, with a CAGR of +99.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal frame non-upholstered seat export price amounted to $X per unit, surging by 35% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average export price increased by 64%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Australia

Metal frame non-upholstered seat imports into Australia expanded sharply to X units in 2021, increasing by 8.2% on the previous year. The total import volume increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 11% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, metal frame non-upholstered seat imports soared to $X in 2021. In general, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.8% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main metal frame non-upholstered seat supplier to Australia, accounting for a 91% share of total imports. Moreover, metal frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+5.9% per year) and Taiwan (Chinese) (-9.1% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with metal frames to Australia, comprising 84% of total imports. The second position in the ranking was held by Vietnam ($X), with a 4.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+10.2% per year) and Taiwan (Chinese) (-0.6% per year).

Import Prices by Country

In 2021, the average metal frame non-upholstered seat import price amounted to $X per unit, growing by 31% against the previous year. In general, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal frame non-upholstered seat import price increased by +68.7% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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