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

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

The Israeli metal frame non-upholstered seat market surged to $X in 2021, growing by 69% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Israel

In 2021, overseas shipments of non-upholstered seats with metal frames decreased by -63% to X units, falling for the third year in a row after four years of growth. In general, exports recorded a significant contraction. The growth pace was the most rapid in 2016 when exports increased by 204% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, metal frame non-upholstered seat exports declined markedly to $X in 2021. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 254% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X units), Norway (X units) and Canada (X units) were the main destinations of metal frame non-upholstered seat exports from Israel, together accounting for 48% of total exports. These countries were followed by the UK, the Netherlands, Poland, Mexico, Japan, Belgium, Panama, France, Cyprus and India, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +53.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal frame non-upholstered seat exported from Israel were Norway ($X), Argentina ($X) and Canada ($X), with a combined 49% share of total exports. These countries were followed by Mexico, Poland, the UK, Japan, Panama, France, the Netherlands, India, Cyprus and Belgium, which together accounted for a further 32%.

Among the main countries of destination, Mexico, with a CAGR of +130.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal frame non-upholstered seat export price amounted to $X per unit, growing by 45% against the previous year. In general, the export price continues to indicate a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Belgium ($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 Poland (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Israel

Metal frame non-upholstered seat imports into Israel skyrocketed to X units in 2021, increasing by 63% on 2020 figures. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +8.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +104.1% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame non-upholstered seat imports soared to $X in 2021. Overall, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest metal frame non-upholstered seat supplier to Israel, with a 76% share of total imports. Moreover, metal frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. Hong Kong SAR (X units) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.3% per year) and Hong Kong SAR (+41.8% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with metal frames to Israel, comprising 59% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by Turkey, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.6% per year) and Turkey (+35.4% per year).

Import Prices by Country

The average metal frame non-upholstered seat import price stood at $X per unit in 2021, surging by 4.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 42% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 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 Turkey ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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