Uzbekistan: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Uzbekistan

In 2022, the Uzbek wooden frame upholstered seat market decreased by -94% to $X for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, consumption saw a abrupt decline. Wooden frame upholstered seat consumption peaked at $X in 2021, and then shrank significantly in the following year.

Production of Upholstered Seats With Wooden Frames in Uzbekistan

In value terms, wooden frame upholstered seat production reduced to $X in 2022 estimated in export price. In general, production recorded a slight descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by 36% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports from Uzbekistan

In 2022, shipments abroad of upholstered seats with wooden frames was finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wooden frame upholstered seat exports skyrocketed to $X in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kyrgyzstan (X units) was the main destination for wooden frame upholstered seat exports from Uzbekistan, with a 97% share of total exports. It was followed by Tajikistan (X units), with a 1.6% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of volume to Kyrgyzstan amounted to +260.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-34.5% per year) and Kazakhstan (-1.8% per year).

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for upholstered seats with wooden frames exports from Uzbekistan, comprising 74% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 19% share of total exports.

From 2017 to 2022, the average annual growth rate of value to Kyrgyzstan stood at +245.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+17.0% per year) and Tajikistan (-13.2% per year).

Export Prices by Country

In 2022, the average wooden frame upholstered seat export price amounted to $X per unit, declining by -92.9% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 209% against the previous year. The export price peaked at $X per unit in 2021, and then declined sharply 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 Kazakhstan ($X per unit), while the average price for exports to Kyrgyzstan ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+32.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Upholstered Seats With Wooden Frames

Imports into Uzbekistan

Wooden frame upholstered seat imports into Uzbekistan soared to X units in 2022, picking up by 50% compared with the previous year. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 473%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, wooden frame upholstered seat imports skyrocketed to $X in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 635% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Turkey (X units) constituted the largest wooden frame upholstered seat supplier to Uzbekistan, accounting for a 60% share of total imports. Moreover, wooden frame upholstered seat imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. Russia (X units) ranked third in terms of total imports with a 9.7% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +57.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.1% per year) and Russia (+101.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of upholstered seats with wooden frames to Uzbekistan, comprising 63% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 7.9% share of total imports. It was followed by China, with a 5.5% share.

From 2017 to 2022, the average annual growth rate of value from Turkey stood at +40.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+739.4% per year) and China (-19.2% per year).

Import Prices by Country

The average wooden frame upholstered seat import price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 28% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+108.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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