New Zealand: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in New Zealand

The New Zealand metal frame non-upholstered seat market was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Non-Upholstered Seats With Metal Frames

Exports from New Zealand

In 2021, exports of non-upholstered seats with metal frames from New Zealand rose sharply to X units, picking up by 10% against 2020. Over the period under review, exports, however, showed a deep setback. The pace of growth was the most pronounced in 2018 with an increase of 82%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal frame non-upholstered seat exports dropped to $X in 2021. Overall, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of 65% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for metal frame non-upholstered seat exports from New Zealand, accounting for a 85% share of total exports. Moreover, metal frame non-upholstered seat exports to Australia exceeded the volume sent to the second major destination, the United Arab Emirates (X units), more than tenfold. The third position in this ranking was held by Hong Kong SAR (X units), with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia amounted to -5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+28.0% per year) and Hong Kong SAR (+14.9% per year).

In value terms, Australia ($X) remains the key foreign market for non-upholstered seats with metal frames exports from New Zealand, comprising 66% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6.9% share of total exports. It was followed by Hong Kong SAR, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value to Australia amounted to -11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+32.2% per year) and Hong Kong SAR (+14.2% per year).

Export Prices by Country

In 2021, the average metal frame non-upholstered seat export price amounted to $X per unit, which is down by -15.9% against the previous year. Overall, the export price recorded a noticeable descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 50% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.3%), while the prices for the other major destinations experienced a decline.

Imports of Non-Upholstered Seats With Metal Frames

Imports into New Zealand

After two years of decline, overseas purchases of non-upholstered seats with metal frames increased by 65% to X units in 2021. The total import volume increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main metal frame non-upholstered seat supplier to New Zealand, accounting for a 91% share of total imports. It was followed by Italy (X units), with a 2.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.4% per year) and Vietnam (+8.5% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with metal frames to New Zealand, comprising 79% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 4.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+14.3% per year) and Italy (+2.8% per year).

Import Prices by Country

In 2021, the average metal frame non-upholstered seat import price amounted to $X per unit, surging by 4.7% against the previous year. Over the last nine years, it increased at an average annual rate of +4.4%. The pace of growth appeared the most rapid in 2013 an increase of 17% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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