Report Update Nov 1, 2024

Venezuela - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Venezuela

In 2022, after three years of growth, there was significant decline in the Venezuelan wooden frame upholstered seat market, when its value decreased by -27% to $X. In general, consumption recorded a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports from Venezuela

After four years of decline, overseas shipments of upholstered seats with wooden frames increased by 43% to X units in 2022. Overall, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by 310% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, wooden frame upholstered seat exports expanded markedly to $X in 2022. Over the period under review, exports showed a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of 181% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X units) was the main destination for wooden frame upholstered seat exports from Venezuela, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bahrain amounted to +82.3%.

In value terms, Bahrain ($X) emerged as the key foreign market for upholstered seats with wooden frames exports from Venezuela.

From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain totaled +80.0%.

Export Prices by Country

The average wooden frame upholstered seat export price stood at $X per unit in 2022, declining by -20.8% against the previous year. Over the period under review, the export price recorded a abrupt decline. The growth pace was the most rapid in 2016 an increase of 73% 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 failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.0% per year.

Imports of Upholstered Seats With Wooden Frames

Imports into Venezuela

In 2022, supplies from abroad of upholstered seats with wooden frames decreased by -31.9% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 318%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wooden frame upholstered seat imports fell remarkably to $X in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of 289% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and the United States (X units) were the main suppliers of wooden frame upholstered seat imports to Venezuela, with a combined 62% share of total imports. Brazil, Portugal, Turkey and Denmark lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +69.5%), while imports for the other leaders experienced a decline.

In value terms, the largest wooden frame upholstered seat suppliers to Venezuela were China ($X), Italy ($X) and the United States ($X), together comprising 58% of total imports. Brazil, Portugal, Turkey and Denmark lagged somewhat behind, together comprising a further 12%.

Turkey, with a CAGR of +69.4%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average wooden frame upholstered seat import price amounted to $X per unit, growing by 11% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame upholstered seat import price decreased by -15.6% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 61% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($X per unit) and Portugal ($X per unit), while the price for the United States ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for upholstered seats with wooden frames in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 60% share of global consumption.

What are the largest producers of upholstered seats with wooden frames in the world?

The country with the largest volume of wooden frame upholstered seat production was China, accounting for 52% of total volume. Moreover, wooden frame upholstered seat production in China exceeded the figures recorded by the second-largest producer, India, eightfold. Poland ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of upholstered seats with wooden frames to Venezuela?

In value terms, the largest wooden frame upholstered seat suppliers to Venezuela were Italy, the United States and Turkey, with a combined 87% share of total imports.

What are the leading importers of upholstered seats with wooden frames from Venezuela?

In value terms, the United States remains the key foreign market for wooden frame upholstered seat exports from Venezuela.

What is the average export price for upholstered seats with wooden frames in Venezuela?

The average wooden frame upholstered seat export price stood at $172 per unit in 2021, with an increase of 7.1% against the previous year.

What is the average import price for upholstered seats with wooden frames in Venezuela?

In 2021, the average wooden frame upholstered seat import price amounted to $474 per unit, picking up by 16% against the previous year.

This report provides an in-depth analysis of the market for wooden frame upholstered seat in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 31001250 - Upholstered seats with wooden frames (including three piece suites) (excluding swivel seats)

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023