Iran: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Iran

The Iranian wooden frame upholstered seat market was estimated at $X in 2022, increasing by 2.7% against the previous year. In general, consumption, however, recorded a perceptible curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Upholstered Seats With Wooden Frames in Iran

In value terms, wooden frame upholstered seat production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 56% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports from Iran

In 2022, exports of upholstered seats with wooden frames from Iran fell rapidly to X units, which is down by -33.4% against 2021. Over the period under review, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 270% against the previous year. As a result, the exports reached the peak of X units, and then reduced rapidly in the following year.

In value terms, wooden frame upholstered seat exports declined sharply to $X in 2022. In general, exports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 214%. As a result, the exports reached the peak of $X, and then fell notably in the following year.

Exports by Country

Armenia (X units), Kazakhstan (X units) and Georgia (X units) were the main destinations of wooden frame upholstered seat exports from Iran, with a combined 50% share of total exports. Romania, Germany, the United Arab Emirates, Canada and Australia lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +100.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden frame upholstered seat exported from Iran were Kazakhstan ($X), Georgia ($X) and Armenia ($X), together comprising 48% of total exports. Romania, Germany, the United Arab Emirates, Canada and Australia lagged somewhat behind, together comprising a further 23%.

Romania, with a CAGR of +124.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden frame upholstered seat export price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price continues to indicate a slight reduction. The growth pace was the most rapid in 2016 an increase of 67% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per unit), while the average price for exports to Armenia ($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 Romania (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Upholstered Seats With Wooden Frames

Imports into Iran

Wooden frame upholstered seat imports into Iran dropped dramatically to X units in 2022, shrinking by -19.9% against the previous year's figure. In general, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 194%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden frame upholstered seat imports reduced sharply to $X in 2022. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 66%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Turkey (X units) and Italy (X units) were the main suppliers of wooden frame upholstered seat imports to Iran, together comprising 67% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of -15.2%), while imports for the other leaders experienced a decline.

In value terms, Turkey ($X) constituted the largest supplier of upholstered seats with wooden frames to Iran, comprising 54% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by Italy, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at -19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-24.5% per year) and Italy (-17.5% per year).

Import Prices by Country

The average wooden frame upholstered seat import price stood at $X per unit in 2022, flattening at the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 46%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for China ($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 Arab Emirates (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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