Kenya: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Kenya

The Kenyan wooden frame upholstered seat market contracted slightly to $X in 2022, dropping by -3.8% 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 enjoyed a prominent expansion. Wooden frame upholstered seat consumption peaked at $X in 2021, and then declined modestly in the following year.

Exports of Upholstered Seats With Wooden Frames

Exports from Kenya

In 2022, approx. X units of upholstered seats with wooden frames were exported from Kenya; which is down by -38.1% on the previous year. In general, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2016 when exports increased by 471% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, wooden frame upholstered seat exports reduced markedly to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2016 when exports increased by 409% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Israel (X units) was the main destination for wooden frame upholstered seat exports from Kenya, with a 50% share of total exports. Moreover, wooden frame upholstered seat exports to Israel exceeded the volume sent to the second major destination, Rwanda (X units), fourfold. The United States (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Israel was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+11.6% per year) and the United States (+12.2% per year).

In value terms, Israel ($X) emerged as the key foreign market for upholstered seats with wooden frames exports from Kenya, comprising 46% of total exports. The second position in the ranking was taken by the United States ($X), with a 21% share of total exports. It was followed by Rwanda, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Israel was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.0% per year) and Rwanda (+12.6% per year).

Export Prices by Country

The average wooden frame upholstered seat export price stood at $X per unit in 2022, declining by -2% against the previous year. In general, the export price, however, recorded modest growth. The growth pace was the most rapid in 2018 when the average export price increased by 94%. The export price peaked at $X per unit in 2021, and then dropped modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Mozambique ($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 Ireland (+61.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Wooden Frames

Imports into Kenya

In 2022, overseas purchases of upholstered seats with wooden frames were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of 68% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, wooden frame upholstered seat imports fell to $X in 2022. Over the period under review, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 72% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest wooden frame upholstered seat supplier to Kenya, with a 68% share of total imports. Moreover, wooden frame upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+28.9% per year) and the United Arab Emirates (+17.0% per year).

In value terms, China ($X) constituted the largest supplier of upholstered seats with wooden frames to Kenya, comprising 78% of total imports. The second position in the ranking was held by Turkey ($X), with a 7.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+28.8% per year) and the United Arab Emirates (+11.3% per year).

Import Prices by Country

The average wooden frame upholstered seat import price stood at $X per unit in 2022, declining by -11.5% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame upholstered seat import price increased by +49.4% against 2016 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 34% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then shrank in the following year.

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 Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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