Pakistan: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in Pakistan

In 2021, the Pakistani metal frame non-upholstered seat market decreased by -0.9% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption, however, saw a relatively flat trend pattern. Metal frame non-upholstered seat consumption peaked at $X in 2020, and then reduced slightly in the following year.

Production of Non-Upholstered Seats With Metal Frames in Pakistan

In value terms, metal frame non-upholstered seat production dropped slightly to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 24%. Over the period under review, production reached the peak level at $X in 2020, and then fell in the following year.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Pakistan

For the third consecutive year, Pakistan recorded decline in shipments abroad of non-upholstered seats with metal frames, which decreased by -26.5% to X units in 2021. Over the period under review, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2014 with an increase of 74%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, metal frame non-upholstered seat exports contracted notably to $X in 2021. In general, exports faced a sharp decline. The pace of growth was the most pronounced in 2014 when exports increased by 72%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for metal frame non-upholstered seat exports from Pakistan, accounting for a 72% share of total exports. Moreover, metal frame non-upholstered seat exports to Germany exceeded the volume sent to the second major destination, China (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled -28.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-22.9% per year) and the UK (-27.9% per year).

In value terms, Germany ($X) emerged as the key foreign market for non-upholstered seats with metal frames exports from Pakistan, comprising 71% of total exports. The second position in the ranking was held by China ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -30.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-25.9% per year) and the UK (-36.7% per year).

Export Prices by Country

The average metal frame non-upholstered seat export price stood at $X per unit in 2021, reducing by -10.3% against the previous year. Overall, the export price saw a perceptible reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 9.7% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the UK ($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 Netherlands (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Pakistan

In 2021, purchases abroad of non-upholstered seats with metal frames increased by 24% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2014 with an increase of 100% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, metal frame non-upholstered seat imports soared to $X in 2021. Overall, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of 88%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main metal frame non-upholstered seat supplier to Pakistan, with a 95% share of total imports. It was followed by Malaysia (X units), with a 2.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +25.5%.

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with metal frames to Pakistan, comprising 97% of total imports. The second position in the ranking was held by Malaysia ($X), with a 1.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +17.5%.

Import Prices by Country

The average metal frame non-upholstered seat import price stood at $X per unit in 2021, rising by 8.1% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 26%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Malaysia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-6.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :