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

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

The Chilean wooden frame non-upholstered seat market declined to $X in 2022, reducing by -7.2% 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). Overall, consumption, however, posted buoyant growth. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Chile

After two years of growth, overseas shipments of non-upholstered seats with wooden frames decreased by -16.9% to X units in 2022. In general, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,152% against the previous year. The exports peaked at X units in 2021, and then declined notably in the following year.

In value terms, wooden frame non-upholstered seat exports shrank sharply to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 465% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Bolivia (X units) was the main destination for wooden frame non-upholstered seat exports from Chile, with a 79% share of total exports. Moreover, wooden frame non-upholstered seat exports to Bolivia exceeded the volume sent to the second major destination, Uruguay (X units), more than tenfold. Spain (X units) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2022, the average annual growth rate of volume to Bolivia amounted to +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+70.6% per year) and Spain (-6.6% per year).

In value terms, Bolivia ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Chile, comprising 56% of total exports. The second position in the ranking was held by Uruguay ($X), with a 13% share of total exports. It was followed by France, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia amounted to +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+87.2% per year) and France (+74.4% per year).

Export Prices by Country

The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, dropping by -8.6% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 190% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Spain ($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 New Zealand (+76.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Chile

In 2022, supplies from abroad of non-upholstered seats with wooden frames decreased by -13.3% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 105%. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, wooden frame non-upholstered seat imports reduced modestly to $X in 2022. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 130%. As a result, imports attained the peak of $X, and then reduced slightly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest wooden frame non-upholstered seat supplier to Chile, with a 84% share of total imports. Moreover, wooden frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. Indonesia (X units) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+9.6% per year) and Indonesia (+10.7% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Chile, comprising 58% of total imports. The second position in the ranking was taken by Indonesia ($X), with an 11% share of total imports. It was followed by Vietnam, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+20.2% per year) and Vietnam (+51.7% per year).

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, surging by 11% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013 an increase of 23%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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