Central Asia: Market for Non-Upholstered Seats With Metal Frames 2024

Exports of Non-Upholstered Seats With Metal Frames

Exports in Central Asia

In 2021, the amount of non-upholstered seats with metal frames exported in Central Asia skyrocketed to X units, increasing by 152% on 2020. In general, exports recorded a resilient increase. The pace of growth was the most pronounced in 2018 when exports increased by 194% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, metal frame non-upholstered seat exports surged to $X in 2021. Overall, exports saw a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 1,304% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Uzbekistan dominates exports structure, recording X units, which was approx. 89% of total exports in 2021. It was distantly followed by Kazakhstan (X units), generating a 9.6% share of total exports.

Uzbekistan was also the fastest-growing in terms of the non-upholstered seats with metal frames exports, with a CAGR of +88.1% from 2012 to 2021. Kazakhstan (-14.7%) illustrated a downward trend over the same period. Uzbekistan (+89 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -74% from 2012 to 2021, respectively.

In value terms, Uzbekistan ($X) remains the largest metal frame non-upholstered seat supplier in Central Asia, comprising 92% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 7.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Uzbekistan amounted to +253.4%.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, declining by -5.1% against the previous year. Over the period under review, the export price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2018 when the export price increased by 377%. The level of export peaked at $X per unit in 2020, and then declined in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+87.9%).

Imports of Non-Upholstered Seats With Metal Frames

Imports in Central Asia

In 2021, metal frame non-upholstered seat imports in Central Asia skyrocketed to X units, rising by 33% compared with the previous year. Over the period under review, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 57%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, metal frame non-upholstered seat imports soared to $X in 2021. Total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +80.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan dominates imports structure, resulting at X units, which was near 78% of total imports in 2021. Uzbekistan (X units) took a 6.9% share (based on physical terms) of total imports, which put it in second place, followed by Mongolia (6.2%). The following importers - Tajikistan (X units) and Turkmenistan (X units) - each reached a 7.8% share of total imports.

Imports into Kazakhstan increased at an average annual rate of +11.4% from 2012 to 2021. At the same time, Uzbekistan (+17.1%) and Tajikistan (+3.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +17.1% from 2012-2021. By contrast, Mongolia (-4.8%) and Turkmenistan (-6.5%) illustrated a downward trend over the same period. Kazakhstan (+24 p.p.) and Uzbekistan (+6.9 p.p.) significantly strengthened its position in terms of the total imports, while Tajikistan, Turkmenistan and Mongolia saw its share reduced by -1.6%, -9.1% and -11.5% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported non-upholstered seats with metal frames in Central Asia, comprising 73% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 9.4% share of total imports. It was followed by Mongolia, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan totaled +7.9%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+9.6% per year) and Mongolia (+0.2% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per unit, surging by 3% against the previous year. In general, the import price, however, recorded a pronounced decrease. The growth pace was the most rapid in 2015 when the import price increased by 20%. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Turkmenistan ($X per unit) and Uzbekistan ($X per unit), while Kazakhstan ($X per unit) and Mongolia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+5.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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