Russian Federation: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in the Russian Federation

The Russian metal frame non-upholstered seat market skyrocketed to $X in 2021, jumping by 43% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +93.3% against 2016 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Non-Upholstered Seats With Metal Frames

Exports from the Russian Federation

After three years of growth, overseas shipments of non-upholstered seats with metal frames decreased by -13% to X units in 2021. Overall, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2019 when exports increased by 84%. The exports peaked at X units in 2020, and then dropped in the following year.

In value terms, metal frame non-upholstered seat exports rose sharply to $X in 2021. Over the period under review, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2016 with an increase of 73%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Kazakhstan (X units) was the main destination for metal frame non-upholstered seat exports from Russia, with a 71% share of total exports. Moreover, metal frame non-upholstered seat exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X units), sevenfold. Ukraine (X units) ranked third in terms of total exports with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan stood at +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+33.1% per year) and Ukraine (+38.9% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for non-upholstered seats with metal frames exports from Russia, comprising 49% of total exports. The second position in the ranking was taken by Romania ($X), with a 14% share of total exports. It was followed by Belarus, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan stood at +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+365.4% per year) and Belarus (+13.0% per year).

Export Prices by Country

The average metal frame non-upholstered seat export price stood at $X per unit in 2021, surging by 31% against the previous year. Overall, the export price, however, saw a noticeable descent. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to China ($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 Romania (+18.0%), while the prices for the other major destinations experienced a decline.

Imports of Non-Upholstered Seats With Metal Frames

Imports into the Russian Federation

In 2021, the amount of non-upholstered seats with metal frames imported into Russia soared to X units, jumping by 50% against the year before. Overall, total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +46.7% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal frame non-upholstered seat imports skyrocketed to $X in 2021. In general, total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +94.4% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest metal frame non-upholstered seat supplier to Russia, with a 74% share of total imports. Moreover, metal frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), fivefold. The third position in this ranking was taken by Belarus (X units), with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+18.7% per year) and Belarus (+40.3% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with metal frames to Russia, comprising 75% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 9.1% share of total imports. It was followed by Belarus, with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+17.6% per year) and Belarus (+25.5% per year).

Import Prices by Country

The average metal frame non-upholstered seat import price stood at $X per unit in 2021, reducing by -9.6% against the previous year. In general, the import price saw a noticeable setback. The growth pace was the most rapid in 2020 an increase of 25%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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