Report Update Nov 1, 2024

Puerto Rico - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Puerto Rico

In 2021, after two years of decline, there was significant growth in the Puerto Rican wooden frame upholstered seat market, when its value increased by 6.1% to $X. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.7% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Upholstered Seats With Wooden Frames in Puerto Rico

In value terms, wooden frame upholstered seat production rose markedly to $X in 2021 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.1% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 30%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports by Country

In 2021, China (X units) represented the key exporter of upholstered seats with wooden frames, making up 53% of total exports. Poland (X units) held the second position in the ranking, followed by Vietnam (X units). All these countries together held near 24% share of total exports. Romania (X units), Italy (X units), Malaysia (X units), Lithuania (X units) and Mexico (X units) took a little share of total exports.

Exports from China increased at an average annual rate of +4.5% from 2012 to 2021. At the same time, Vietnam (+33.5%), Lithuania (+14.2%), Mexico (+13.1%), Romania (+7.0%), Poland (+5.9%), Malaysia (+5.3%) and Italy (+1.4%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +33.5% from 2012-2021. Vietnam (+10 p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest wooden frame upholstered seat supplier from Puerto Rico, comprising 40% of global exports. The second position in the ranking was held by Poland ($X), with a 12% share of global exports. It was followed by Vietnam, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +6.1%. In the other countries, the average annual rates were as follows: Poland (+6.6% per year) and Vietnam (+23.2% per year).

Imports of Upholstered Seats With Wooden Frames

Imports by Country

The United States was the key importing country with an import of around X units, which accounted for 45% of total imports. Germany (X units) took the second position in the ranking, followed by France (X units). All these countries together held approx. 14% share of total imports. The following importers - the UK (X units), Canada (X units), Australia (X units), the Netherlands (X units), South Korea (X units), Japan (X units) and Switzerland (X units) - together made up 18% of total imports.

Imports into the United States increased at an average annual rate of +8.0% from 2012 to 2021. At the same time, South Korea (+18.2%), Germany (+9.2%), France (+6.6%), the Netherlands (+6.2%), Australia (+3.3%), Switzerland (+2.4%) and Canada (+1.7%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of +18.2% from 2012-2021. Japan and the UK experienced a relatively flat trend pattern. The United States (+5.5 p.p.) and Germany (+2 p.p.) significantly strengthened its position in terms of the global imports, while the UK saw its share reduced by -2.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported upholstered seats with wooden frames into Puerto Rico, comprising 35% of global imports. The second position in the ranking was taken by Germany ($X), with a 9.4% share of global imports. It was followed by the UK, with a 5.9% share.

In the United States, wooden frame upholstered seat imports expanded at an average annual rate of +8.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+4.1% per year) and the UK (+4.9% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for upholstered seats with wooden frames in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 60% of global consumption.

What are the largest producers of upholstered seats with wooden frames in the world?

China constituted the country with the largest volume of wooden frame upholstered seat production, comprising approx. 52% of total volume. Moreover, wooden frame upholstered seat production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The third position in this ranking was occupied by Poland, with a 4.7% share.

What are the leading suppliers of upholstered seats with wooden frames to Puerto Rico?

In value terms, the United States constitutes the largest market for imported upholstered seats with wooden frames into Puerto Rico, comprising 36% of global imports. The second position in the ranking was occupied by Germany, with a 9.6% share of global imports. It was followed by the UK, with a 6.1% share.

What are the leading importers of upholstered seats with wooden frames from Puerto Rico?

In value terms, China remains the largest wooden frame upholstered seat supplier from Puerto Rico, comprising 38% of global exports. The second position in the ranking was occupied by Poland, with a 13% share of global exports. It was followed by Vietnam, with a 9.5% share.

What is the average export price for upholstered seats with wooden frames in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per thousand units, almost unchanged from the previous year.

What is the average import price for upholstered seats with wooden frames in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per thousand units in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the market for wooden frame upholstered seat in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 31001250 - Upholstered seats with wooden frames (including three piece suites) (excluding swivel seats)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023