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

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

In 2022, after six years of growth, there was significant decline in the Cameroonian wooden frame non-upholstered seat market, when its value decreased by -25.7% to $X. Over the period under review, consumption, however, recorded a resilient increase. Over the period under review, the market attained the peak level at $X in 2021, and then contracted sharply in the following year.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Cameroon

In 2022, the amount of non-upholstered seats with wooden frames exported from Cameroon dropped to X units, shrinking by -5.6% against the previous year's figure. Over the period under review, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2015 when exports increased by 416% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden frame non-upholstered seat exports shrank rapidly to $X in 2022. Overall, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2015 when exports increased by 565% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), South Korea (X units) and Austria (X units) were the main destinations of wooden frame non-upholstered seat exports from Cameroon, together comprising 52% of total exports. Germany, France, Belgium and Japan lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +34.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the United States ($X) and Austria ($X) appeared to be the largest markets for wooden frame non-upholstered seat exported from Cameroon worldwide, with a combined 49% share of total exports. France, Belgium, Japan and Germany lagged somewhat behind, together comprising a further 19%.

In terms of the main countries of destination, Belgium, with a CAGR of +46.1%, 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

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, which is down by -22.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 118%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Germany ($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 Belgium (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Cameroon

After six years of growth, supplies from abroad of non-upholstered seats with wooden frames decreased by -39.5% to X units in 2022. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 334% against the previous year. Imports peaked at X units in 2021, and then shrank notably in the following year.

In value terms, wooden frame non-upholstered seat imports declined remarkably to $X in 2022. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 499%. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest wooden frame non-upholstered seat supplier to Cameroon, accounting for a 61% share of total imports. Moreover, wooden frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), tenfold. The third position in this ranking was taken by Turkey (X units), with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.8% per year) and Turkey (+31.4% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Cameroon, comprising 70% of total imports. The second position in the ranking was held by Turkey ($X), with a 3.7% share of total imports. It was followed by Italy, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +30.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+26.1% per year) and Italy (+8.8% per year).

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, picking up by 39% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +85.6% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($X per unit), while the price for South Korea ($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 (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform