Northern America: Market for Non-Upholstered Seats With Wooden Frames 2024

Market Size for Non-Upholstered Seats With Wooden Frames in Northern America

In 2022, the North American wooden frame non-upholstered seat market increased by 12% to $X, rising for the third year in a row after two years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Non-Upholstered Seats With Wooden Frames in Northern America

In value terms, wooden frame non-upholstered seat production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2016 when the production volume increased by 141%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports in Northern America

In 2022, overseas shipments of non-upholstered seats with wooden frames increased by 14% to X units, rising for the second consecutive year after five years of decline. Over the period under review, exports, however, saw a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of 27%. Over the period under review, the exports reached the peak figure at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports totaled $X in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 25%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Canada was the largest exporting country with an export of about X units, which amounted to 76% of total exports. It was distantly followed by the United States (X units), comprising a 24% share of total exports.

Exports from Canada decreased at an average annual rate of -1.6% from 2012 to 2022. At the same time, the United States (+1.5%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +1.5% from 2012-2022. From 2012 to 2022, the share of the United States increased by +5.2 percentage points.

In value terms, the United States ($X) remains the largest wooden frame non-upholstered seat supplier in Northern America, comprising 73% of total exports. The second position in the ranking was held by Canada ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +5.0%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2020 an increase of 12% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices remained at a somewhat lower figure.

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 the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%).

Imports of Non-Upholstered Seats With Wooden Frames

Imports in Northern America

In 2022, supplies from abroad of non-upholstered seats with wooden frames increased by 5.8% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 24% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, wooden frame non-upholstered seat imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The United States dominates imports structure, resulting at X units, which was near 95% of total imports in 2022. It was distantly followed by Canada (X units), creating a 5.2% share of total imports.

The United States was also the fastest-growing in terms of the non-upholstered seats with wooden frames imports, with a CAGR of +2.6% from 2012 to 2022. Canada experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported non-upholstered seats with wooden frames in Northern America, comprising 92% of total imports. The second position in the ranking was taken by Canada ($X), with an 8.1% share of total imports.

In the United States, wooden frame non-upholstered seat imports increased at an average annual rate of +4.8% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, rising by 6.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 an increase of 14% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

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

Source: IndexBox Platform

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