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

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

In 2022, the Bolivian wooden frame non-upholstered seat market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, showed a abrupt decline. Wooden frame non-upholstered seat consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Upholstered Seats With Wooden Frames in Bolivia

In value terms, wooden frame non-upholstered seat production expanded modestly to $X in 2022 estimated in export price. In general, the total production indicated a noticeable expansion from 2012 to 2022: its value 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, production decreased by -1.6% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 44%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Bolivia

After four years of growth, overseas shipments of non-upholstered seats with wooden frames decreased by -1.2% to X units in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 6,780% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then dropped slightly in the following year.

In value terms, wooden frame non-upholstered seat exports declined to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 9,646% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for wooden frame non-upholstered seat exports from Bolivia, accounting for a 84% share of total exports. Moreover, wooden frame non-upholstered seat exports to the United States exceeded the volume sent to the second major destination, the UK (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +189.3%.

In value terms, the United States ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Bolivia, comprising 79% of total exports. The second position in the ranking was held by the UK ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +119.4%.

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, with a decrease of -4% against the previous year. Overall, the export price faced a precipitous curtailment. The pace of growth appeared the most rapid in 2013 when the average export price increased by 42%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-18.4%).

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Bolivia

In 2022, approx. X units of non-upholstered seats with wooden frames were imported into Bolivia; surging by 63% against the previous year. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 152%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, wooden frame non-upholstered seat imports totaled $X in 2022. Overall, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.0% 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 +91.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 91%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X units) constituted the largest wooden frame non-upholstered seat supplier to Bolivia, with a 60% share of total imports. Moreover, wooden frame non-upholstered seat imports from India exceeded the figures recorded by the second-largest supplier, Brazil (X units), fourfold. China (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +84.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+26.7% per year) and China (-9.3% per year).

In value terms, Brazil ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Bolivia, comprising 57% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by India, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-13.7% per year) and India (+54.5% per year).

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, which is down by -38.6% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 61%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+117.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform