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

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

In 2022, the New Zealand wooden frame non-upholstered seat market increased by 13% to $X, rising for the second year in a row after four years of decline. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +62.6% against 2020 indices. Wooden frame non-upholstered seat consumption peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from New Zealand

In 2022, overseas shipments of non-upholstered seats with wooden frames increased by 74% to X units, rising for the second year in a row after two years of decline. In general, exports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2014 when exports increased by 84%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, wooden frame non-upholstered seat exports skyrocketed to $X in 2022. Overall, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X units) was the main destination for wooden frame non-upholstered seat exports from New Zealand, with a 51% share of total exports. Moreover, wooden frame non-upholstered seat exports to Australia exceeded the volume sent to the second major destination, the UK (X units), threefold. Cook Islands (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to Australia stood at +25.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+18.1% per year) and Cook Islands (+32.0% per year).

In value terms, the largest markets for wooden frame non-upholstered seat exported from New Zealand were Australia ($X), the UK ($X) and Papua New Guinea ($X), together comprising 80% of total exports. Cook Islands, the United States, Samoa and American Samoa lagged somewhat behind, together accounting for a further 15%.

Among the main countries of destination, American Samoa, with a CAGR of +42.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, surging by 37% against the previous year. In general, the export price recorded a notable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Papua New Guinea ($X per unit), while the average price for exports to Cook Islands ($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 Lithuania (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into New Zealand

In 2022, the amount of non-upholstered seats with wooden frames imported into New Zealand declined to X units, reducing by -14.2% against 2021 figures. The total import volume increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 33%. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, wooden frame non-upholstered seat imports surged to $X in 2022. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Vietnam (X units) and Indonesia (X units) were the main suppliers of wooden frame non-upholstered seat imports to New Zealand, with a combined 84% share of total imports. Malaysia, Italy and Poland lagged somewhat behind, together comprising a further 10%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +9.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and Indonesia ($X) appeared to be the largest wooden frame non-upholstered seat suppliers to New Zealand, with a combined 80% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +16.8%, recorded the highest rates of growth with regard to 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 2022, the average wooden frame non-upholstered seat import price amounted to $X per unit, rising by 44% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame non-upholstered seat import price increased by +80.9% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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