Ghana - Non-Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGhana: Market for Non-Upholstered Seats With Wooden Frames 2024
Market Size for Non-Upholstered Seats With Wooden Frames in Ghana
In 2022, the Ghanian wooden frame non-upholstered seat market decreased by -15.1% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, showed a significant increase. Over the period under review, the market hit record highs at $X in 2021, and then shrank dramatically in the following year.
Exports of Non-Upholstered Seats With Wooden Frames
Exports from Ghana
In 2022, wooden frame non-upholstered seat exports from Ghana surged to X units, picking up by 25% against 2021 figures. Overall, exports showed a modest expansion. The growth pace was the most rapid in 2014 with an increase of 805% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, wooden frame non-upholstered seat exports skyrocketed to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 851% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
The United States (X units) was the main destination for wooden frame non-upholstered seat exports from Ghana, accounting for a 85% share of total exports. Moreover, wooden frame non-upholstered seat exports to the United States exceeded the volume sent to the second major destination, Canada (X units), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+34.8% per year) and Australia (-39.3% per year).
In value terms, the United States ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Ghana, comprising 72% of total exports. The second position in the ranking was held by Canada ($X), with a 13% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+40.2% per year) and Australia (-51.8% per year).
Export Prices by Country
The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, which is down by -5.1% against the previous year. Overall, the export price recorded a mild setback. The growth pace was the most rapid in 2019 when the average export price increased by 37%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Australia ($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 Canada (+4.0%), while the prices for the other major destinations experienced a decline.
Imports of Non-Upholstered Seats With Wooden Frames
Imports into Ghana
In 2022, after three years of growth, there was significant decline in overseas purchases of non-upholstered seats with wooden frames, when their volume decreased by -5.8% to X units. Over the period under review, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2019 when imports increased by 297%. Imports peaked at X units in 2021, and then dropped in the following year.
In value terms, wooden frame non-upholstered seat imports contracted rapidly to $X in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2014 when imports increased by 213% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell rapidly in the following year.
Imports by Country
China (X units), the UK (X units) and Turkey (X units) were the main suppliers of wooden frame non-upholstered seat imports to Ghana, together comprising 36% of total imports.
From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +41.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the UK ($X), China ($X) and Turkey ($X) were the largest wooden frame non-upholstered seat suppliers to Ghana, with a combined 86% share of total imports.
In terms of the main suppliers, the UK, with a CAGR of +40.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average wooden frame non-upholstered seat import price amounted to $X per unit, falling by -11.8% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +41.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 41% against the previous year. As a result, import price attained the peak level of $X per unit, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for wooden frame non-upholstered seat in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31001290 - Non-upholstered seats with wooden frames (excluding swivel seats)
Country coverage:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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