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

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

The wooden frame upholstered seat market in the United Arab Emirates declined notably to $X in 2022, which is down by -28.1% 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). In general, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +48.6% against 2018 indices. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Exports of Upholstered Seats With Wooden Frames

Exports from the United Arab Emirates

In 2022, approx. X units of upholstered seats with wooden frames were exported from the United Arab Emirates; growing by 85% on 2021 figures. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 197% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, wooden frame upholstered seat exports soared to $X in 2022. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 191% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X units) was the main destination for wooden frame upholstered seat exports from the United Arab Emirates, with a 35% share of total exports. Moreover, wooden frame upholstered seat exports to Saudi Arabia exceeded the volume sent to the second major destination, Kuwait (X units), twofold. The third position in this ranking was taken by Qatar (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+43.0% per year) and Qatar (+24.3% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for upholstered seats with wooden frames exports from the United Arab Emirates, comprising 37% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 16% share of total exports. It was followed by Qatar, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+53.3% per year) and Qatar (+23.8% per year).

Export Prices by Country

The average wooden frame upholstered seat export price stood at $X per unit in 2022, increasing by 39% against the previous year. In general, the export price, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2016 an increase of 53% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to Pakistan ($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 Bahrain (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Upholstered Seats With Wooden Frames

Imports into the United Arab Emirates

In 2022, approx. X units of upholstered seats with wooden frames were imported into the United Arab Emirates; with a decrease of -20.7% compared with 2021 figures. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 106% against the previous year. As a result, imports reached the peak of X units, and then shrank sharply in the following year.

In value terms, wooden frame upholstered seat imports declined to $X in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.8% against 2018 indices. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of wooden frame upholstered seat to the United Arab Emirates, accounting for a 48% share of total imports. Moreover, wooden frame upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), sixfold. Turkey (X units) ranked third in terms of total imports with a 5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.7% per year) and Turkey (+27.0% per year).

In value terms, China ($X) constituted the largest supplier of upholstered seats with wooden frames to the United Arab Emirates, comprising 52% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by Turkey, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.7% per year) and Turkey (+27.8% per year).

Import Prices by Country

The average wooden frame upholstered seat import price stood at $X per unit in 2022, rising by 8.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 45%. 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 the United States ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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