Kazakhstan: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Kazakhstan

In 2022, the Kazakh wooden frame upholstered seat market increased by 15% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, saw a slight decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports from Kazakhstan

For the fourth consecutive year, Kazakhstan recorded decline in shipments abroad of upholstered seats with wooden frames, which decreased by -11.3% to X units in 2022. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 108%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden frame upholstered seat exports surged to $X in 2022. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Tajikistan (X units), Uzbekistan (X units) and Russia (X units) were the main destinations of wooden frame upholstered seat exports from Kazakhstan, with a combined 79% share of total exports. Kyrgyzstan and Armenia lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of +85.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tajikistan ($X), Uzbekistan ($X) and Russia ($X) constituted the largest markets for wooden frame upholstered seat exported from Kazakhstan worldwide, together accounting for 79% of total exports. Kyrgyzstan and Armenia lagged somewhat behind, together comprising a further 19%.

Armenia, with a CAGR of +84.7%, recorded the highest rates of growth with regard to 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

The average wooden frame upholstered seat export price stood at $X per unit in 2022, increasing by 56% against the previous year. Overall, the export price saw a moderate expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 105% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kyrgyzstan ($X per unit) and Tajikistan ($X per unit), while the average price for exports to Armenia ($X per unit) and Uzbekistan ($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 Kyrgyzstan (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Wooden Frames

Imports into Kazakhstan

In 2022, overseas purchases of upholstered seats with wooden frames increased by 12% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden frame upholstered seat imports skyrocketed to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 58%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Belarus (X units) and Turkey (X units) were the main suppliers of wooden frame upholstered seat imports to Kazakhstan, with a combined 66% share of total imports. Russia, Italy, Malaysia and Vietnam lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +91.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden frame upholstered seat suppliers to Kazakhstan were Belarus ($X), Turkey ($X) and Russia ($X), with a combined 71% share of total imports. Italy, China, Vietnam and Malaysia lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, Vietnam, with a CAGR of +87.4%, 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 upholstered seat import price stood at $X per unit in 2022, rising by 3.3% against the previous year. In general, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 38%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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