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

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

The Egyptian wooden frame non-upholstered seat market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Non-Upholstered Seats With Wooden Frames in Egypt

In value terms, wooden frame non-upholstered seat production rose modestly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 21% against the previous year. Wooden frame non-upholstered seat production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Egypt

In 2022, the amount of non-upholstered seats with wooden frames exported from Egypt declined sharply to X units, shrinking by -53.1% against the previous year's figure. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 1,622% against the previous year. The exports peaked at X units in 2021, and then contracted remarkably in the following year.

In value terms, wooden frame non-upholstered seat exports shrank significantly to $X in 2022. Over the period under review, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 1,296%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for wooden frame non-upholstered seat exports from Egypt, accounting for a 74% share of total exports. Moreover, wooden frame non-upholstered seat exports to the UK exceeded the volume sent to the second major destination, Lebanon (X units), fourfold. India (X units) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to +63.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lebanon (+86.9% per year) and India (0.0% per year).

In value terms, the UK ($X) emerged as the key foreign market for non-upholstered seats with wooden frames exports from Egypt, comprising 65% of total exports. The second position in the ranking was held by Lebanon ($X), with a 15% share of total exports. It was followed by India, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to the UK totaled +43.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lebanon (+102.6% per year) and India (0.0% per year).

Export Prices by Country

The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, reducing by -41.4% against the previous year. Overall, the export price recorded a deep setback. The pace of growth was the most pronounced in 2020 an increase of 50%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the 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 India ($X per unit), while the average price for exports to Lebanon ($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 Lebanon (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Egypt

For the fourth consecutive year, Egypt recorded decline in purchases abroad of non-upholstered seats with wooden frames, which decreased by -77.4% to X units in 2022. Over the period under review, imports showed a pronounced setback. The pace of growth was the most pronounced in 2014 with an increase of 240%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden frame non-upholstered seat imports plummeted to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 131%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest wooden frame non-upholstered seat supplier to Egypt, accounting for a 32% share of total imports. Moreover, wooden frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), twofold. The third position in this ranking was held by Bulgaria (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+9.7% per year) and Bulgaria (-5.5% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Egypt, comprising 34% of total imports. The second position in the ranking was held by Vietnam ($X), with a 15% share of total imports. It was followed by Bulgaria, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+13.0% per year) and Bulgaria (+16.7% per year).

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, growing by 19% against the previous year. Over the period under review, the import price recorded measured growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 53%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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