United Arab Emirates: Market for Non-Upholstered Seats With Wooden Frames 2024

Market Size for Non-Upholstered Seats With Wooden Frames in the United Arab Emirates

The wooden frame non-upholstered seat market in the United Arab Emirates reduced rapidly to $X in 2022, waning by -21.2% 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, consumption, however, recorded noticeable growth. As a result, consumption reached the peak level of $X, and then contracted markedly in the following year.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from the United Arab Emirates

In 2022, shipments abroad of non-upholstered seats with wooden frames increased by 470% to X units, rising for the second consecutive year after two years of decline. In general, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden frame non-upholstered seat exports skyrocketed to $X in 2022. Over the period under review, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X units) was the main destination for wooden frame non-upholstered seat exports from the United Arab Emirates, accounting for a 40% share of total exports. Moreover, wooden frame non-upholstered seat exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X units), twofold. Bahrain (X units) ranked third in terms of total exports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia totaled +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+17.7% per year) and Bahrain (+45.0% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for non-upholstered seats with wooden frames exports from the United Arab Emirates, comprising 47% of total exports. The second position in the ranking was taken by Qatar ($X), with a 15% share of total exports. It was followed by Kuwait, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia amounted to +16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+19.8% per year) and Kuwait (+39.1% per year).

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, falling by -10.6% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while the average price for exports to Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into the United Arab Emirates

Wooden frame non-upholstered seat imports into the United Arab Emirates declined to X units in 2022, waning by -10.9% on 2021 figures. Over the period under review, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2019 when imports increased by 109%. Over the period under review, imports reached the peak figure at X units in 2021, and then dropped in the following year.

In value terms, wooden frame non-upholstered seat imports contracted modestly to $X in 2022. In general, imports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of 114%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Indonesia (X units) and Turkey (X units) were the main suppliers of wooden frame non-upholstered seat imports to the United Arab Emirates, together accounting for 63% of total imports. Vietnam, Italy, Thailand, Romania, India, Malaysia and Saudi Arabia lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +40.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and Indonesia ($X) constituted the largest wooden frame non-upholstered seat suppliers to the United Arab Emirates, with a combined 63% share of total imports. Turkey, Italy, Thailand, India, Romania, Saudi Arabia and Malaysia lagged somewhat behind, together accounting for a further 25%.

Thailand, with a CAGR of +28.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden frame non-upholstered seat import price amounted to $X per unit, with an increase of 11% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 66%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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