Turkey - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wooden Frame Upholstered Seat in Turkey - 2023
Contents:
- Price for Wooden Frame Upholstered Seat in Turkey (FOB) - 2022
- Price for Wooden Frame Upholstered Seat in Turkey (CIF) - 2022
- Exports of Wooden Frame Upholstered Seat in Turkey
- Imports of Wooden Frame Upholstered Seat in Turkey
Price for Wooden Frame Upholstered Seat in Turkey (FOB) - 2022
In 2022, the average wooden frame upholstered seat export price amounted to $338 per unit, increasing by 54% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices attained the peak figure at $414 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Serbia ($338 per unit) and the Netherlands ($338 per unit), while the average price for exports to Libya ($338 per unit) and Nigeria ($338 per unit) were 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 (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wooden Frame Upholstered Seat in Turkey (CIF) - 2022
In 2022, the average wooden frame upholstered seat import price amounted to $232 per unit, increasing by 3.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 17% against the previous year. The import price peaked at $234 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($232 per unit) and Lithuania ($232 per unit), while the price for Malaysia ($232 per unit) and Indonesia ($232 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wooden Frame Upholstered Seat in Turkey
In 2022, overseas shipments of upholstered seats with wooden frames decreased by -27.4% to 1.5M units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 102% against the previous year. As a result, the exports attained the peak of 2M units, and then reduced sharply in the following year.
In value terms, wooden frame upholstered seat exports rose notably to $499M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
Export of Wooden Frame Upholstered Seat in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 85.8 | 76.2 | 89.9 | 91.2 | 2.1% |
Israel | 25.7 | 27.5 | 40.5 | 36.1 | 12.0% |
Qatar | 14.5 | 12.5 | 17.7 | 30.5 | 28.1% |
United States | 8.3 | 11.6 | 27.3 | 25.7 | 45.8% |
Germany | 13.5 | 18.9 | 22.6 | 24.3 | 21.6% |
United Arab Emirates | 13.4 | 14.3 | 21.1 | 23.5 | 20.6% |
France | 7.9 | 10.7 | 18.6 | 18.8 | 33.5% |
Libya | 20.1 | 11.8 | 18.9 | 17.1 | -5.2% |
Netherlands | 5.4 | 6.2 | 9.9 | 12.3 | 31.6% |
United Kingdom | 3.2 | 3.7 | 9.5 | 11.2 | 51.8% |
Romania | 3.1 | 4.9 | 7.8 | 10.1 | 48.2% |
Serbia | 4.3 | 4.6 | 8.8 | 9.6 | 30.7% |
Nigeria | 4.1 | 5.1 | 7.8 | 8.7 | 28.5% |
Others | 106 | 114 | 147 | 180 | 19.3% |
Total | 315 | 322 | 447 | 499 | 16.6% |
Top Export Markets for Wooden Frame Upholstered Seat from Turkey in 2022:
- Iraq (269.7K units)
- Israel (106.9K units)
- Qatar (90.1K units)
- United States (76.0K units)
- Germany (71.9K units)
- United Arab Emirates (69.5K units)
- France (55.7K units)
- Libya (50.6K units)
- Netherlands (36.5K units)
- United Kingdom (33.2K units)
- Romania (30.0K units)
- Serbia (28.3K units)
- Nigeria (25.8K units)
Imports of Wooden Frame Upholstered Seat in Turkey
In 2022, wooden frame upholstered seat imports into Turkey skyrocketed to 127K units, jumping by 18% against the previous year. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wooden frame upholstered seat imports skyrocketed to $29M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Wooden Frame Upholstered Seat in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 8.5 | 8.6 | 9.1 | 8.9 | 1.5% |
Italy | 4.2 | 4.5 | 5.5 | 7.5 | 21.3% |
China | 0.9 | 1.2 | 1.2 | 3.0 | 49.4% |
Poland | 1.2 | 1.0 | 1.7 | 2.7 | 31.0% |
Indonesia | 0.3 | 0.2 | 0.6 | 1.2 | 58.7% |
Vietnam | 0.7 | 0.9 | 0.9 | 1.1 | 16.3% |
Malaysia | 1.3 | 0.5 | 0.7 | 1.0 | -8.4% |
Lithuania | 0.6 | 0.7 | 0.5 | 0.6 | 0.0% |
Others | 2.8 | 2.4 | 4.0 | 3.5 | 7.7% |
Total | 20.6 | 20.1 | 24.3 | 29.5 | 12.7% |
Top Suppliers of Wooden Frame Upholstered Seat to Turkey in 2022:
- Romania (38.2K units)
- Italy (32.5K units)
- China (12.8K units)
- Poland (11.7K units)
- Indonesia (5.0K units)
- Vietnam (4.8K units)
- Malaysia (4.5K units)
- Lithuania (2.6K units)
This report provides an in-depth analysis of the market for wooden frame upholstered seat in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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
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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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