Uzbekistan: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in Uzbekistan

In 2021, the Uzbek metal frame non-upholstered seat market decreased by -6.7% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, enjoyed a measured increase. Over the period under review, the market attained the peak level at $X in 2020, and then reduced in the following year.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Uzbekistan

Metal frame non-upholstered seat exports from Uzbekistan skyrocketed to X units in 2021, rising by 138% on the previous year's figure. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2019 with an increase of 145%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, metal frame non-upholstered seat exports surged to $X in 2021. Overall, exports posted significant growth. The growth pace was the most rapid in 2018 with an increase of 2,021%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for metal frame non-upholstered seat exports from Uzbekistan, accounting for a 98% share of total exports. It was followed by Tajikistan (X units), with a 1.3% share of total exports.

From 2017 to 2021, the average annual growth rate of volume to Russia totaled +302.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-44.1% per year) and Kyrgyzstan (+59.2% per year).

In value terms, Russia ($X) remains the key foreign market for non-upholstered seats with metal frames exports from Uzbekistan, comprising 95% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 4.6% share of total exports.

From 2017 to 2021, the average annual growth rate of value to Russia totaled +367.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+18.6% per year) and Kyrgyzstan (+109.4% per year).

Export Prices by Country

The average metal frame non-upholstered seat export price stood at $X per unit in 2021, almost unchanged from the previous year. Overall, the export price, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 772%. The export price peaked at $X per unit in 2020, and then shrank modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Tajikistan ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+112.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Uzbekistan

In 2021, the amount of non-upholstered seats with metal frames imported into Uzbekistan reduced to X units, with a decrease of -14.2% on the previous year. Over the period under review, imports, however, posted strong growth. The pace of growth was the most pronounced in 2019 when imports increased by 356%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, metal frame non-upholstered seat imports expanded remarkably to $X in 2021. In general, imports, however, showed a strong increase. The growth pace was the most rapid in 2019 with an increase of 267%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal frame non-upholstered seat to Uzbekistan, with a 69% share of total imports. Moreover, metal frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The third position in this ranking was taken by Italy (X units), with a 4.2% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from China stood at +24.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+111.7% per year) and Italy (+7,781.8% per year).

In value terms, China ($X), Turkey ($X) and Italy ($X) were the largest metal frame non-upholstered seat suppliers to Uzbekistan, with a combined 92% share of total imports.

Italy, with a CAGR of +4,183.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal frame non-upholstered seat import price stood at $X per unit in 2021, with an increase of 31% against the previous year. In general, the import price, however, continues to indicate a abrupt contraction. The import price peaked at $X per unit in 2017; however, from 2018 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 South Korea ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+10.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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