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

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

The SADC wooden frame non-upholstered seat market shrank modestly to $X in 2022, almost unchanged from the previous year. In general, consumption showed a perceptible curtailment. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Non-Upholstered Seats With Wooden Frames in SADC

In value terms, wooden frame non-upholstered seat production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced decline. The growth pace was the most rapid in 2016 when the production volume increased by 37%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports in SADC

In 2022, wooden frame non-upholstered seat exports in SADC dropped modestly to X units, waning by -2.3% against the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 56%. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports rose significantly to $X in 2022. Total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of non-upholstered seats with wooden frames, namely South Africa, represented more than two-thirds of total export.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of non-upholstered seats with wooden frames. While the share of South Africa (+2.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest wooden frame non-upholstered seat supplier in SADC.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to +4.1%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, picking up by 17% against the previous year. Overall, the export price saw a noticeable increase. The pace of growth was the most pronounced in 2016 when the export price increased by 99.9%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +4.0% per year.

Imports of Non-Upholstered Seats With Wooden Frames

Imports in SADC

In 2022, supplies from abroad of non-upholstered seats with wooden frames was finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of 39% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden frame non-upholstered seat imports reduced modestly to $X in 2022. In general, imports, however, continue to indicate a pronounced setback. The growth pace was the most rapid in 2017 with an increase of 25%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

South Africa represented the largest importing country with an import of about X units, which recorded 54% of total imports. Botswana (X units) took a 15% share (based on physical terms) of total imports, which put it in second place, followed by Mauritius (6.1%). Mozambique (X units), Angola (X units), Namibia (X units), Democratic Republic of the Congo (X units), Tanzania (X units), Madagascar (X units) and Swaziland (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wooden frame non-upholstered seat imports into South Africa stood at -2.4%. At the same time, Botswana (+12.0%), Swaziland (+6.3%), Namibia (+6.2%) and Madagascar (+3.4%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of +12.0% from 2012-2022. Mauritius experienced a relatively flat trend pattern. By contrast, Mozambique (-1.7%), Democratic Republic of the Congo (-7.1%), Tanzania (-11.1%) and Angola (-20.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Botswana, South Africa, Mauritius and Namibia increased by +12, +10, +2.5 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported non-upholstered seats with wooden frames in SADC, comprising 38% of total imports. The second position in the ranking was held by Botswana ($X), with a 15% share of total imports. It was followed by Mauritius, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to -2.5%. The remaining importing countries recorded the following average annual rates of imports growth: Botswana (+10.7% per year) and Mauritius (+0.2% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, declining by -15.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 41%. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Swaziland ($X per unit), while Madagascar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (+6.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform