South Africa: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in South Africa

The South African metal frame upholstered seat market totaled $X in 2021, picking up by 3.9% 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). Overall, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.1% 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 decreased by -25.0% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Exports of Upholstered Seats With Metal Frames

Exports from South Africa

In 2021, overseas shipments of upholstered seats with metal frames increased by 67% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports showed a moderate expansion. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal frame upholstered seat exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a perceptible decline. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Zambia (X units), Namibia (X units) and Malawi (X units) were the main destinations of metal frame upholstered seat exports from South Africa, with a combined 72% share of total exports. These countries were followed by Tanzania, Botswana, Mozambique, Democratic Republic of the Congo, Kenya and Swaziland, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +34.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal frame upholstered seat exported from South Africa were Zambia ($X), Namibia ($X) and Botswana ($X), together accounting for 61% of total exports. These countries were followed by Tanzania, Democratic Republic of the Congo, Swaziland, Malawi, Mozambique and Kenya, which together accounted for a further 26%.

Among the main countries of destination, Democratic Republic of the Congo, with a CAGR of +19.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal frame upholstered seat export price stood at $X per unit in 2021, which is down by -11% against the previous year. Over the period under review, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 34%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Swaziland ($X per unit), while the average price for exports to Kenya ($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 Swaziland (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Upholstered Seats With Metal Frames

Imports into South Africa

In 2021, supplies from abroad of upholstered seats with metal frames decreased by -1% to X units, falling for the second consecutive year after two years of growth. In general, total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -25.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 53% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, metal frame upholstered seat imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when imports increased by 33%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of metal frame upholstered seat to South Africa, with a approx. 94% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +11.7%.

In value terms, China ($X) constituted the largest supplier of upholstered seats with metal frames to South Africa.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +3.8%.

Import Prices by Country

The average metal frame upholstered seat import price stood at $X per unit in 2021, surging by 22% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 71%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -7.1% per year.

Source: IndexBox Platform

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