U.S.: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in the U.S.

After two years of decline, the U.S. metal frame upholstered seat market increased by 26% to $X in 2021. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Upholstered Seats With Metal Frames

Exports from the U.S.

In 2021, approx. X units of upholstered seats with metal frames were exported from the United States; with an increase of 18% compared with the previous year. The total export volume 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 appeared the most rapid in 2014 with an increase of 45% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal frame upholstered seat exports reached $X in 2021. The total export value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by 21% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X units) was the main destination for metal frame upholstered seat exports from the United States, accounting for a 80% share of total exports. Moreover, metal frame upholstered seat exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Canada totaled +4.6%.

In value terms, Canada ($X) remains the key foreign market for upholstered seats with metal frames exports from the United States, comprising 74% of total exports. The second position in the ranking was taken by Mexico ($X), with a 6.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Canada stood at +4.7%.

Export Prices by Country

The average metal frame upholstered seat export price stood at $X per unit in 2021, shrinking by -6.6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then contracted in the following year.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Canada stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.4%).

Imports of Upholstered Seats With Metal Frames

Imports into the U.S.

In 2021, overseas purchases of upholstered seats with metal frames increased by 17% to X units, rising for the second consecutive year after two years of decline. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.4% 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 +22.9% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 17% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, metal frame upholstered seat imports surged to $X in 2021. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

In 2021, China (X units) constituted the largest metal frame upholstered seat supplier to the United States, with a 87% share of total imports. Moreover, metal frame upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+31.4% per year) and Taiwan (Chinese) (-2.2% per year).

In value terms, China ($X) constituted the largest supplier of upholstered seats with metal frames to the United States, comprising 64% of total imports. The second position in the ranking was taken by Canada ($X), with an 8.7% share of total imports. It was followed by Vietnam, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+1.4% per year) and Vietnam (+42.4% per year).

Import Prices by Country

The average metal frame upholstered seat import price stood at $X per unit in 2021, with an increase of 9.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :