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

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

The Indonesian wooden frame non-upholstered seat market contracted to $X in 2022, waning by -7.5% against the previous year. Over the period under review, consumption, however, continues to indicate a mild increase. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Production of Non-Upholstered Seats With Wooden Frames in Indonesia

In value terms, wooden frame non-upholstered seat production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 16%. Wooden frame non-upholstered seat production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Indonesia

Wooden frame non-upholstered seat exports from Indonesia expanded significantly to X units in 2022, surging by 6.2% on the previous year's figure. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 50%. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden frame non-upholstered seat exports surged to $X in 2022. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 42%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X units) was the main destination for wooden frame non-upholstered seat exports from Indonesia, with a 37% share of total exports. Moreover, wooden frame non-upholstered seat exports to the United States exceeded the volume sent to the second major destination, Germany (X units), fivefold. The Netherlands (X units) ranked third in terms of total exports with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.2% per year) and the Netherlands (+15.6% per year).

In value terms, the United States ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Indonesia, comprising 48% of total exports. The second position in the ranking was taken by Germany ($X), with a 6.5% share of total exports. It was followed by the Netherlands, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+16.5% per year) and the Netherlands (+22.4% per year).

Export Prices by Country

The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, picking up by 25% against the previous year. Over the period under review, the export price posted a resilient expansion. The growth pace was the most rapid in 2021 an increase of 77%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Indonesia

In 2022, supplies from abroad of non-upholstered seats with wooden frames decreased by -57.6% to X units, falling for the third consecutive year after three years of growth. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 110%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, wooden frame non-upholstered seat imports contracted notably to $X in 2022. In general, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 112% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of wooden frame non-upholstered seat to Indonesia, accounting for a 55% 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), threefold. Vietnam (X units) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+13.6% per year) and Vietnam (-1.2% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Indonesia, comprising 58% of total imports. The second position in the ranking was held by Malaysia ($X), with an 18% share of total imports. It was followed by Vietnam, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+23.0% per year) and Vietnam (+8.2% per year).

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, with an increase of 73% against the previous year. Over the period under review, the import price posted prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per unit) and China ($X per unit), while the price for Romania ($X per unit) and Malaysia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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