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

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

The Israeli wooden frame non-upholstered seat market soared to $X in 2022, jumping by 28% 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). The market value increased at an average annual rate of +3.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Israel

Wooden frame non-upholstered seat exports from Israel surged to X units in 2022, increasing by 317% on 2021 figures. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 603%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, wooden frame non-upholstered seat exports soared to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 750%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for wooden frame non-upholstered seat exports from Israel, accounting for a 81% share of total exports. Moreover, wooden frame non-upholstered seat exports to the United States exceeded the volume sent to the second major destination, the UK (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-1.4% per year) and Nigeria (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Israel, comprising 96% of total exports. The second position in the ranking was held by the UK ($X), with a 2.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +28.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-18.8% per year) and Nigeria (0.0% per year).

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, with a decrease of -36.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 54% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($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 France (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Israel

In 2022, the amount of non-upholstered seats with wooden frames imported into Israel soared to X units, with an increase of 28% against the previous year. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden frame non-upholstered seat imports surged to $X in 2022. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Romania (X units) and Italy (X units) were the main suppliers of wooden frame non-upholstered seat imports to Israel, with a combined 48% share of total imports. Turkey, Poland, Bulgaria and Vietnam lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +29.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden frame non-upholstered seat suppliers to Israel were China ($X), Romania ($X) and Italy ($X), with a combined 48% share of total imports. Turkey, Poland, Bulgaria and Vietnam lagged somewhat behind, together comprising a further 34%.

In terms of the main suppliers, Vietnam, with a CAGR of +34.0%, saw 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

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, approximately reflecting the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +11.9% against 2018 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 16%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($X per unit) and Italy ($X per unit), while the price for Poland ($X per unit) and Bulgaria ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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