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

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

The CIS metal frame non-upholstered seat market skyrocketed to $X in 2021, jumping by 25% against the previous year. The total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.8% 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 +20.0% against 2018 indices. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Non-Upholstered Seats With Metal Frames in CIS

In value terms, metal frame non-upholstered seat production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 57% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Non-Upholstered Seats With Metal Frames

Exports in CIS

In 2021, overseas shipments of non-upholstered seats with metal frames decreased by -3.6% to X units for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by 84%. Over the period under review, the exports attained the peak figure at X units in 2020, and then dropped modestly in the following year.

In value terms, metal frame non-upholstered seat exports skyrocketed to $X in 2021. Overall, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of 56%. 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

Russia was the largest exporting country with an export of around X units, which recorded 81% of total exports. It was distantly followed by Belarus (X units), creating a 14% share of total exports. Uzbekistan (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to metal frame non-upholstered seat exports from Russia stood at +15.2%. At the same time, Uzbekistan (+88.1%) and Belarus (+4.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +88.1% from 2012-2021. From 2012 to 2021, the share of Russia and Uzbekistan increased by +16 and +2.5 percentage points, respectively.

In value terms, the largest metal frame non-upholstered seat supplying countries in the CIS were Russia ($X), Belarus ($X) and Uzbekistan ($X), with a combined 96% share of total exports.

In terms of the main exporting countries, Uzbekistan, with a CAGR of +253.4%, 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

The export price in the CIS stood at $X per unit in 2021, increasing by 36% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+87.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Upholstered Seats With Metal Frames

Imports in CIS

Metal frame non-upholstered seat imports surged to X units in 2021, growing by 46% against the year before. Total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.8% 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 +93.9% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame non-upholstered seat imports soared to $X in 2021. Total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.9% 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 +98.9% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia prevails in imports structure, amounting to X units, which was near 87% of total imports in 2021. It was distantly followed by Kazakhstan (X units), mixing up a 6.1% share of total imports. Belarus (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to metal frame non-upholstered seat imports into Russia stood at +4.2%. At the same time, Kazakhstan (+11.4%) and Belarus (+9.0%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +11.4% from 2012-2021. Kazakhstan (+2.6 p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -4.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported non-upholstered seats with metal frames in the CIS, comprising 81% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 7.9% share of total imports.

In Russia, metal frame non-upholstered seat imports increased at an average annual rate of +1.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+7.9% per year) and Belarus (+10.7% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per unit, dropping by -9.2% against the previous year. Overall, the import price showed a mild decline. The pace of growth appeared the most rapid in 2020 when the import price increased by 19%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belarus ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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