Jordan: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Jordan

The Jordanian wooden frame upholstered seat market contracted slightly to $X in 2022, with a decrease of -1.8% against the previous year. In general, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.2% against 2019 indices. Wooden frame upholstered seat consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Upholstered Seats With Wooden Frames in Jordan

In value terms, wooden frame upholstered seat production dropped to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.1% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 19%. Wooden frame upholstered seat production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports from Jordan

In 2022, exports of upholstered seats with wooden frames from Jordan skyrocketed to X units, picking up by 99% compared with the previous year's figure. Over the period under review, exports continue to indicate a mild increase. The pace of growth appeared the most rapid in 2021 with an increase of 485%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, wooden frame upholstered seat exports surged to $X in 2022. Overall, exports posted a pronounced increase. The most prominent rate of growth was recorded in 2021 when exports increased by 335%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units) was the main destination for wooden frame upholstered seat exports from Jordan, with a 75% share of total exports. Moreover, wooden frame upholstered seat exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X units), ninefold. Palestine (X units) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia totaled +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+16.2% per year) and Palestine (-8.3% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for upholstered seats with wooden frames exports from Jordan, comprising 75% of total exports. The second position in the ranking was taken by Qatar ($X), with an 8.6% share of total exports. It was followed by Palestine, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+18.4% per year) and Palestine (-6.6% per year).

Export Prices by Country

The average wooden frame upholstered seat export price stood at $X per unit in 2022, jumping by 54% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 81%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bahrain ($X per unit) and Palestine ($X per unit), while the average price for exports to Iraq ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+47.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Wooden Frames

Imports into Jordan

After two years of decline, supplies from abroad of upholstered seats with wooden frames increased by 4.5% to X units in 2022. In general, total imports indicated a tangible expansion from 2012 to 2022: its volume 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 decreased by -7.9% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 29% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden frame upholstered seat imports expanded rapidly to $X in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.2% 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 +96.7% against 2015 indices. The growth pace was the most rapid in 2013 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

The United States (X units), China (X units) and Romania (X units) were the main suppliers of wooden frame upholstered seat imports to Jordan, together comprising 57% of total imports. Oman, Italy, Vietnam, Turkey and the United Arab Emirates lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +37.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Romania ($X) constituted the largest wooden frame upholstered seat suppliers to Jordan, with a combined 57% share of total imports. Oman, Italy, Vietnam, Turkey and the United Arab Emirates lagged somewhat behind, together comprising a further 34%.

Oman, with a CAGR of +35.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden frame upholstered seat import price amounted to $X per unit, picking up by 3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the average import price increased by 17% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform