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

Market Size for Non-Upholstered Seats With Wooden Frames in the UK

The UK wooden frame non-upholstered seat market rose to $X in 2022, growing by 4.9% against the previous year. In general, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +49.4% against 2018 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Non-Upholstered Seats With Wooden Frames in the UK

In value terms, wooden frame non-upholstered seat production reduced modestly to $X in 2022 estimated in export price. In general, production, however, recorded resilient growth. The pace of growth was the most pronounced in 2019 when the production volume increased by 133% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from the UK

In 2022, overseas shipments of non-upholstered seats with wooden frames were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2014 when exports increased by 39% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wooden frame non-upholstered seat exports stood at $X in 2022. Overall, exports posted buoyant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 79%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units), Ghana (X units) and Cote d'Ivoire (X units) were the main destinations of wooden frame non-upholstered seat exports from the UK, together comprising 28% of total exports. Nigeria, Guinea, France, Ireland, the United Arab Emirates, Gambia, Germany, Mozambique, Sierra Leone and Angola lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guinea (with a CAGR of +171.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden frame non-upholstered seat exported from the UK were the United States ($X), Ghana ($X) and Nigeria ($X), with a combined 38% share of total exports. France, Ireland, Germany, Cote d'Ivoire, Guinea, the United Arab Emirates, Gambia, Mozambique, Sierra Leone and Angola lagged somewhat behind, together comprising a further 28%.

Guinea, with a CAGR of +182.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, remaining relatively unchanged against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 50%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per unit), while the average price for exports to the United Arab Emirates ($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 Ghana (+22.5%), 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 UK

In 2022, wooden frame non-upholstered seat imports into the UK expanded to X units, with an increase of 3.7% on 2021 figures. Over the period under review, imports, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2014 with an increase of 30%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, wooden frame non-upholstered seat imports rose sharply to $X in 2022. The total import value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of wooden frame non-upholstered seat to the UK, accounting for a 34% share of total imports. Moreover, wooden frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), twofold. The third position in this ranking was taken by Indonesia (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-2.8% per year) and Indonesia (+7.3% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with wooden frames to the UK, comprising 34% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 16% share of total imports. It was followed by Indonesia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+0.4% per year) and Indonesia (+10.8% per year).

Import Prices by Country

In 2022, the average wooden frame non-upholstered seat import price amounted to $X per unit, stabilizing at the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame non-upholstered seat import price increased by +11.9% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Romania ($X per unit) and Malaysia ($X per unit), while the price for Italy ($X per unit) and India ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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