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

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

In 2021, after four years of growth, there was decline in the SADC metal frame non-upholstered seat market, when its value decreased by -4.2% to $X. The market value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020, and then dropped modestly in the following year.

Production of Non-Upholstered Seats With Metal Frames in SADC

In value terms, metal frame non-upholstered seat production dropped to $X in 2021 estimated in export price. The total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +51.9% against 2016 indices. The pace of growth was the most pronounced in 2019 with an increase of 20% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then dropped in the following year.

Exports of Non-Upholstered Seats With Metal Frames

Exports in SADC

In 2021, the amount of non-upholstered seats with metal frames exported in SADC skyrocketed to X units, growing by 24% compared with 2020. Total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -8.5% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 47% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, metal frame non-upholstered seat exports surged to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa represented the key exporter of non-upholstered seats with metal frames in SADC, with the volume of exports resulting at X units, which was near 64% of total exports in 2021. It was distantly followed by Mauritius (X units), comprising a 32% share of total exports. Madagascar (X units) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to metal frame non-upholstered seat exports from South Africa stood at +3.3%. At the same time, Madagascar (+88.9%) and Mauritius (+17.8%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing exporter exported in SADC, with a CAGR of +88.9% from 2012-2021. Mauritius (+19 p.p.) and Madagascar (+2.9 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -21% from 2012 to 2021, respectively.

In value terms, South Africa ($X) remains the largest metal frame non-upholstered seat supplier in SADC, comprising 75% of total exports. The second position in the ranking was held by Mauritius ($X), with a 22% share of total exports.

In South Africa, metal frame non-upholstered seat exports declined by an average annual rate of -2.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (+11.0% per year) and Madagascar (+76.3% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2021, falling by -6.1% against the previous year. Overall, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 39%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (-5.2%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Upholstered Seats With Metal Frames

Imports in SADC

In 2021, overseas purchases of non-upholstered seats with metal frames decreased by -2.6% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of 28%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, metal frame non-upholstered seat imports skyrocketed to $X in 2021. Overall, imports saw a slight slump. The pace of growth appeared the most rapid in 2018 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

South Africa prevails in imports structure, recording X units, which was near 70% of total imports in 2021. It was distantly followed by Mauritius (X units) and Tanzania (X units), together committing a 16% share of total imports. The following importers - Angola (X units), Namibia (X units) and Madagascar (X units) - together made up 7.2% of total imports.

Imports into South Africa decreased at an average annual rate of -12.1% from 2012 to 2021. At the same time, Madagascar (+8.9%), Mauritius (+7.2%), Tanzania (+5.5%) and Namibia (+2.1%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing importer imported in SADC, with a CAGR of +8.9% from 2012-2021. By contrast, Angola (-21.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mauritius, Tanzania, Namibia and Madagascar increased by +7.6, +5.1, +1.7 and +1.6 percentage points, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported non-upholstered seats with metal frames in SADC, comprising 61% of total imports. The second position in the ranking was taken by Mauritius ($X), with a 15% share of total imports. It was followed by Tanzania, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Mauritius (+1.8% per year) and Tanzania (+21.1% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per unit, surging by 29% against the previous year. Import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +9.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Mauritius ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+14.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform