Report Update: Jul 1, 2024

Costa Rica - Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Frame Upholstered Seat in Costa Rica - 2022

Price for Metal Frame Upholstered Seat in Costa Rica (CIF) - 2022

The average metal frame upholstered seat import price stood at $42 per unit in 2022, rising by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($684 per unit), while the price for Panama ($6.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metal Frame Upholstered Seat in Costa Rica (FOB) - 2022

In 2022, the average metal frame upholstered seat export price amounted to $152 per unit, growing by 2.9% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The pace of growth was the most pronounced in 2016 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,279 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($198 per unit), while the average price for exports to Barbados ($4 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 the United Arab Emirates (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Frame Upholstered Seat in Costa Rica

In 2022, the amount of upholstered seats with metal frames imported into Costa Rica dropped dramatically to 129K units, waning by -31.2% against the previous year's figure. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of 187K units, and then contracted significantly in the following year.

In value terms, metal frame upholstered seat imports dropped sharply to $5.4M in 2022. Over the period under review, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of $6.5M, and then reduced markedly in the following year.

Import of Metal Frame Upholstered Seat in Costa Rica (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.3	2.9	4.4	3.3	0.0%
United States	1.4	1.3	1.1	1.1	-7.7%
Italy	0.4	0.2	0.2	0.2	-20.6%
Panama	0.1	0.2	N/A	0.1	0.0%
Others	1.4	1.2	0.8	0.8	-17.0%
Total	6.5	5.7	6.5	5.4	-6.0%

Top Suppliers of Metal Frame Upholstered Seat to Costa Rica in 2022:

China (104.5K units)
Panama (11.0K units)
Italy (2.3K units)
United States (1.6K units)

Exports of Metal Frame Upholstered Seat in Costa Rica

In 2022, exports of upholstered seats with metal frames from Costa Rica skyrocketed to 3.5K units, surging by 386% against 2021 figures. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat exports surged to $417K in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Metal Frame Upholstered Seat in Costa Rica (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	N/A	N/A	N/A	192	0%
El Salvador	4.2	4.5	10.5	62.7	146.2%
Panama	17.2	20.8	11.8	56.8	48.9%
Guatemala	22.6	9.9	14.9	26.1	4.9%
Austria	11.5	N/A	24.4	15.5	10.5%
Japan	0.1	4.9	8.3	13.8	416.8%
United Arab Emirates	8.8	9.1	7.3	11.3	8.7%
Honduras	0.1	7.3	4.5	7.1	314.1%
United States	1.3	2.4	6.3	6.5	71.0%
Switzerland	9.3	11.2	N/A	5.7	-15.1%
Australia	0.4	0.9	3.2	3.8	111.8%
Others	6.7	20.2	12.5	16.0	33.7%
Total	82.2	91.3	104	417	71.8%

Top Export Markets for Metal Frame Upholstered Seat from Costa Rica in 2022:

Denmark (2028.0 units)
El Salvador (385.0 units)
Panama (349.0 units)
Guatemala (181.0 units)
Austria (104.0 units)
Japan (93.0 units)
United Arab Emirates (76.0 units)
Honduras (55.0 units)
United States (40.0 units)
Switzerland (38.0 units)
Australia (31.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal frame upholstered seat in Costa Rica. 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 31001170 - Upholstered seats with metal frames (excluding swivel seats, m edical, surgical, dental or veterinary seats, barbers

Country coverage:

Costa Rica

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Costa Rica
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
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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