Paraguay: Market for Non-Upholstered Seats With Wooden Frames 2024

Market Size for Non-Upholstered Seats With Wooden Frames in Paraguay

The Paraguayan wooden frame non-upholstered seat market expanded notably to $X in 2022, growing by 6.2% against the previous year. Over the period under review, consumption, however, continues to indicate a mild decline. Wooden frame non-upholstered seat consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Non-Upholstered Seats With Wooden Frames in Paraguay

In value terms, wooden frame non-upholstered seat production reached $X in 2022 estimated in export price. In general, production, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 30%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Paraguay

After four years of decline, overseas shipments of non-upholstered seats with wooden frames increased by 78% to X units in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 519%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, wooden frame non-upholstered seat exports skyrocketed to $X in 2022. Overall, exports, however, saw a pronounced setback. The growth pace was the most rapid in 2014 when exports increased by 499%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uruguay (X units) was the main destination for wooden frame non-upholstered seat exports from Paraguay, with a 71% share of total exports. Moreover, wooden frame non-upholstered seat exports to Uruguay exceeded the volume sent to the second major destination, Brazil (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay amounted to +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+10.5% per year) and Chile (+3.9% per year).

In value terms, Uruguay ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Paraguay, comprising 69% of total exports. The second position in the ranking was taken by Brazil ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Uruguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+6.7% per year) and Chile (+1.0% per year).

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, reducing by -24.9% against the previous year. Over the period under review, the export price recorded a noticeable descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 3.7% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per unit), while the average price for exports to Chile ($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 Argentina (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Paraguay

In 2022, after four years of decline, there was significant growth in purchases abroad of non-upholstered seats with wooden frames, when their volume increased by 7.7% to X units. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 119%. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, wooden frame non-upholstered seat imports rose significantly to $X in 2022. In general, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -30.2% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of 110% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X units), China (X units) and the United States (X units) were the main suppliers of wooden frame non-upholstered seat imports to Paraguay, together accounting for 84% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +13.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), China ($X) and the United States ($X) appeared to be the largest wooden frame non-upholstered seat suppliers to Paraguay, together comprising 85% of total imports.

Among the main suppliers, the United States, with a CAGR of +17.6%, saw 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

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, declining by -1.8% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 +11.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 49% against the previous year. The import price peaked at $X per unit in 2021, and then contracted modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($X per unit) and the United States ($X per unit), while the price for Vietnam ($X per unit) and Guatemala ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform