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

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

The MERCOSUR wooden frame non-upholstered seat market fell to $X in 2022, waning by -2.8% against the previous year. In general, consumption saw a pronounced curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Non-Upholstered Seats With Wooden Frames in MERCOSUR

In value terms, wooden frame non-upholstered seat production amounted to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable descent. The pace of growth was the most pronounced in 2016 when the production volume increased by 20% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports in MERCOSUR

After four years of growth, shipments abroad of non-upholstered seats with wooden frames decreased by -8.8% to X units in 2022. Overall, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 when exports increased by 60% against the previous year. As a result, the exports attained the peak of X units, and then declined in the following year.

In value terms, wooden frame non-upholstered seat exports amounted to $X in 2022. Over the period under review, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 when exports increased by 67% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Brazil prevails in exports structure, reaching X units, which was near 94% of total exports in 2022. Peru (X units) took a minor share of total exports.

Brazil was also the fastest-growing in terms of the non-upholstered seats with wooden frames exports, with a CAGR of +18.0% from 2012 to 2022. Peru (-4.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by +36 percentage points.

In value terms, Brazil ($X) remains the largest wooden frame non-upholstered seat supplier in MERCOSUR, comprising 90% of total exports. The second position in the ranking was held by Peru ($X), with a 4.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at +14.3%.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, rising by 20% against the previous year. Overall, the export price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2017 when the export price increased by 23% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while Brazil amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+3.6%).

Imports of Non-Upholstered Seats With Wooden Frames

Imports in MERCOSUR

In 2022, supplies from abroad of non-upholstered seats with wooden frames decreased by -19.2% to X units for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 41%. Over the period under review, imports reached the peak figure at X units in 2021, and then contracted dramatically in the following year.

In value terms, wooden frame non-upholstered seat imports shrank to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +59.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

Chile (X units) and Brazil (X units) represented roughly 61% of total imports in 2022. Peru (X units) ranks next in terms of the total imports with a 12% share, followed by Argentina (8.3%), Uruguay (7.7%) and Colombia (5.3%). Ecuador (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Peru (with a CAGR of +19.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) constitutes the largest market for imported non-upholstered seats with wooden frames in MERCOSUR, comprising 41% of total imports. The second position in the ranking was held by Brazil ($X), with a 14% share of total imports. It was followed by Uruguay, with a 13% share.

From 2012 to 2022, the average annual growth rate of value in Chile amounted to +14.0%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+3.0% per year) and Uruguay (+7.6% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, rising by 16% against the previous year. Over the period under review, the import price, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 30%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uruguay ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+1.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform