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

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

The MENA's metal frame non-upholstered seat market stood at $X in 2021, growing by 14% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Production of Non-Upholstered Seats With Metal Frames in MENA

In value terms, metal frame non-upholstered seat production surged to $X in 2021 estimated in export price. Over the period under review, production enjoyed buoyant growth. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Non-Upholstered Seats With Metal Frames

Exports in MENA

In 2021, overseas shipments of non-upholstered seats with metal frames increased by 32% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 60% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, metal frame non-upholstered seat exports skyrocketed to $X in 2021. In general, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, recording X units, which was near 93% of total exports in 2021. Saudi Arabia (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to metal frame non-upholstered seat exports from Turkey stood at +14.4%. At the same time, Saudi Arabia (+62.0%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in MENA, with a CAGR of +62.0% from 2012-2021. While the share of Turkey (+10 p.p.) and Saudi Arabia (+3.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest metal frame non-upholstered seat supplier in MENA, comprising 92% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 1.8% share of total exports.

In Turkey, metal frame non-upholstered seat exports increased at an average annual rate of +14.1% over the period from 2012-2021.

Export Prices by Country

The export price in MENA stood at $X per unit in 2021, growing by 13% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by 60% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Saudi Arabia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-0.2%).

Imports of Non-Upholstered Seats With Metal Frames

Imports in MENA

In 2021, approx. X units of non-upholstered seats with metal frames were imported in MENA; jumping by 48% against the previous year's figure. Total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +136.7% against 2017 indices. As a result, imports attained 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, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units), distantly followed by Turkey (X units), Israel (X units), Iraq (X units), Algeria (X units), Oman (X units) and Morocco (X units) were the largest importers of non-upholstered seats with metal frames, together committing 83% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Algeria (with a CAGR of +13.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) constituted the countries with the highest levels of imports in 2021, with a combined 58% share of total imports. These countries were followed by Iraq, Morocco, Oman and Algeria, which together accounted for a further 18%.

In terms of the main importing countries, Oman, with a CAGR of +18.0%, 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

In 2021, the import price in MENA amounted to $X per unit, waning by -6.9% against the previous year. In general, the import price saw a perceptible descent. The most prominent rate of growth was recorded in 2017 an increase of 26%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Israel ($X per unit), while Algeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+8.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform