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

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

In 2021, after four years of growth, there was decline in the Indonesian metal frame non-upholstered seat market, when its value decreased by -4.8% to $X. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020, and then shrank slightly in the following year.

Production of Non-Upholstered Seats With Metal Frames in Indonesia

In value terms, metal frame non-upholstered seat production dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 13%. Over the period under review, production hit record highs at $X in 2020, and then contracted slightly in the following year.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Indonesia

In 2021, overseas shipments of non-upholstered seats with metal frames increased by 23% to X units, rising for the third year in a row after four years of decline. Overall, exports posted modest growth. The pace of growth appeared the most rapid in 2014 with an increase of 73%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal frame non-upholstered seat exports surged to $X in 2021. In general, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +117.6% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for metal frame non-upholstered seat exports from Indonesia, accounting for a 43% share of total exports. Moreover, metal frame non-upholstered seat exports to the United States exceeded the volume sent to the second major destination, Belgium (X units), fivefold. The third position in this ranking was held by the Netherlands (X units), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+9.1% per year) and the Netherlands (+6.2% per year).

In value terms, the United States ($X) remains the key foreign market for non-upholstered seats with metal frames exports from Indonesia, comprising 25% of total exports. The second position in the ranking was held by Belgium ($X), with a 5.4% share of total exports. It was followed by the Netherlands, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+6.9% per year) and the Netherlands (+4.0% per year).

Export Prices by Country

In 2021, the average metal frame non-upholstered seat export price amounted to $X per unit, increasing by 30% against the previous year. In general, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal frame non-upholstered seat export price increased by +33.2% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 33%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2.7%), while the prices for the other major destinations experienced a decline.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Indonesia

In 2021, metal frame non-upholstered seat imports into Indonesia surged to X units, increasing by 21% compared with the previous year's figure. Over the period under review, total imports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.4% 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 decreased by -11.5% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 102%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, metal frame non-upholstered seat imports skyrocketed to $X in 2021. Overall, total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -19.1% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 40% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of metal frame non-upholstered seat to Indonesia, accounting for a 94% share of total imports. It was followed by Malaysia (X units), with a 1.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +1.3%.

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with metal frames to Indonesia, comprising 86% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 0.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

The average metal frame non-upholstered seat import price stood at $X per unit in 2021, approximately mirroring the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 35% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Malaysia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :