Middle East: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in the Middle East

The Middle Eastern metal frame upholstered seat market surged to $X in 2021, with an increase of 18% against the previous year. In general, consumption posted a buoyant increase. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Production of Upholstered Seats With Metal Frames in the Middle East

In value terms, metal frame upholstered seat production soared to $X in 2021 estimated in export price. Over the period under review, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 123%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Exports of Upholstered Seats With Metal Frames

Exports in the Middle East

In 2021, overseas shipments of upholstered seats with metal frames increased by 93% to X units, rising for the fourth year in a row after two years of decline. Over the period under review, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat exports skyrocketed to $X in 2021. Overall, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, accounting for X units, which was near 85% of total exports in 2021. Oman (X units) held a 6.8% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (5%).

Exports from Turkey increased at an average annual rate of +17.4% from 2012 to 2021. At the same time, Oman (+110.8%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +110.8% from 2012-2021. The United Arab Emirates experienced a relatively flat trend pattern. From 2012 to 2021, the share of Turkey and Oman increased by +42 and +6.8 percentage points, respectively.

In value terms, Turkey ($X) remains the largest metal frame upholstered seat supplier in the Middle East, comprising 79% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey stood at +13.0%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+9.2% per year) and Oman (+41.1% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, shrinking by -31.2% against the previous year. Overall, the export price saw a pronounced downturn. The pace of growth appeared the most rapid in 2017 an increase of 52%. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.2%), while the other leaders experienced a decline in the export price figures.

Imports of Upholstered Seats With Metal Frames

Imports in the Middle East

In 2021, the amount of upholstered seats with metal frames imported in the Middle East soared to X units, jumping by 60% against the year before. Over the period under review, imports continue to indicate a measured expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat imports soared to $X in 2021. In general, imports showed a noticeable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United Arab Emirates (X units) represented the largest importer of upholstered seats with metal frames, comprising 44% of total imports. Israel (X units) held a 19% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (7.2%), Iraq (6.6%), Turkey (6.1%) and Oman (5.2%). Qatar (X units) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of +4.2% from 2012 to 2021. At the same time, Qatar (+21.6%), Oman (+19.7%), Israel (+14.8%), Iraq (+8.1%) and Kuwait (+7.6%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +21.6% from 2012-2021. By contrast, Turkey (-11.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Israel, Oman, Qatar, Iraq and Kuwait increased by +11, +3.8, +2.3, +2 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported upholstered seats with metal frames in the Middle East, comprising 43% of total imports. The second position in the ranking was taken by Israel ($X), with a 20% share of total imports. It was followed by Kuwait, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+21.2% per year) and Kuwait (+7.9% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, waning by -7.7% against the previous year. In general, the import price recorded a slight reduction. The growth pace was the most rapid in 2016 an increase of 17% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+6.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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