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South Africa - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wooden Frame Upholstered Seat in South Africa - 2023
Contents:
- Price for Wooden Frame Upholstered Seat in South Africa (CIF) - 2022
- Price for Wooden Frame Upholstered Seat in South Africa (FOB) - 2022
- Imports of Wooden Frame Upholstered Seat in South Africa
- Exports of Wooden Frame Upholstered Seat in South Africa
Price for Wooden Frame Upholstered Seat in South Africa (CIF) - 2022
In 2022, the average wooden frame upholstered seat import price amounted to $56 per unit, reducing by -30.7% against the previous year. Overall, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 13% against the previous year. The import price peaked at $129 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Italy ($190 per unit), while the price for China ($47 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wooden Frame Upholstered Seat in South Africa (FOB) - 2022
In 2022, the average wooden frame upholstered seat export price amounted to $156 per unit, which is down by -10.5% against the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 46% against the previous year. The export price peaked at $347 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($260 per unit), while the average price for exports to Lesotho ($94 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 Zambia (-0.6%), while the prices for the other major destinations experienced a decline.
Imports of Wooden Frame Upholstered Seat in South Africa
Wooden frame upholstered seat imports into South Africa contracted dramatically to 554K units in 2022, with a decrease of -22% against the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, imports attained the peak of 710K units, and then declined dramatically in the following year.
In value terms, wooden frame upholstered seat imports reduced rapidly to $31M in 2022. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $58M, and then shrank sharply in the following year.
Import of Wooden Frame Upholstered Seat in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 44.7 | 34.2 | 49.1 | 23.2 | -19.6% |
Italy | 2.2 | 1.5 | 2.8 | 2.8 | 8.4% |
Vietnam | 1.9 | 1.0 | 1.6 | 1.1 | -16.7% |
Indonesia | 1.4 | 0.9 | 0.8 | 0.9 | -13.7% |
Turkey | 0.5 | 0.2 | 0.6 | 0.7 | 11.9% |
Others | 2.9 | 2.2 | 2.5 | 2.4 | -6.1% |
Total | 53.6 | 40.1 | 57.5 | 31.1 | -16.6% |
Top Suppliers of Wooden Frame Upholstered Seat to South Africa in 2022:
- China (491.4K units)
- Italy (14.7K units)
- Turkey (10.2K units)
- Vietnam (9.7K units)
- Indonesia (9.0K units)
Exports of Wooden Frame Upholstered Seat in South Africa
In 2022, exports of upholstered seats with wooden frames from South Africa was estimated at 120K units, with an increase of 3.4% against the previous year. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, wooden frame upholstered seat exports reduced to $19M in 2022. In general, exports, however, continue to indicate a pronounced reduction. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports hit record highs at $21M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Wooden Frame Upholstered Seat in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 4.6 | 4.5 | 5.4 | 5.1 | 3.5% |
Botswana | 4.8 | 4.3 | 5.0 | 3.4 | -10.9% |
Zambia | 2.9 | 1.7 | 2.1 | 2.4 | -6.1% |
Swaziland | 2.3 | 1.9 | 2.1 | 1.6 | -11.4% |
Lesotho | 1.1 | 0.8 | 1.3 | 1.4 | 8.4% |
Mozambique | 1.5 | 1.1 | 1.1 | 1.1 | -9.8% |
Zimbabwe | 0.4 | 0.3 | 0.5 | 0.5 | 7.7% |
Others | 3.4 | 1.7 | 2.6 | 3.1 | -3.0% |
Total | 21.1 | 16.4 | 20.2 | 18.6 | -4.1% |
Top Export Markets for Wooden Frame Upholstered Seat from South Africa in 2022:
- Namibia (37.1K units)
- Botswana (23.0K units)
- Swaziland (14.9K units)
- Lesotho (14.7K units)
- Zambia (9.1K units)
- Mozambique (4.4K units)
- Zimbabwe (3.6K units)
This report provides an in-depth analysis of the market for wooden frame upholstered seat in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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