ASEAN: Market for Non-Upholstered Seats With Wooden Frames 2024

Market Size for Non-Upholstered Seats With Wooden Frames in ASEAN

The ASEAN wooden frame non-upholstered seat market totaled $X in 2023, growing by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Non-Upholstered Seats With Wooden Frames in ASEAN

In value terms, wooden frame non-upholstered seat production reached $X in 2023 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports in ASEAN

In 2023, overseas shipments of non-upholstered seats with wooden frames decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. In general, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The volume of export peaked at X units in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, wooden frame non-upholstered seat exports reduced to $X in 2023. Total exports indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2022, and then reduced in the following year.

Exports by Country

Vietnam represented the main exporting country with an export of around X units, which resulted at X% of total exports. Indonesia (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%) and Thailand (X%).

Vietnam was also the fastest-growing in terms of the non-upholstered seats with wooden frames exports, with a CAGR of X% from 2012 to 2023. At the same time, Indonesia (X%) displayed positive paces of growth. By contrast, Malaysia (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Vietnam and Indonesia increased by X and X percentage points, respectively.

In value terms, the largest wooden frame non-upholstered seat supplying countries in ASEAN were Vietnam ($X), Indonesia ($X) and Malaysia ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per unit, almost unchanged from the previous year. Overall, the export price, however, posted prominent growth. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per unit in 2022, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports in ASEAN

After two years of growth, purchases abroad of non-upholstered seats with wooden frames decreased by X% to X units in 2023. Over the period under review, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked at X units in 2022, and then dropped in the following year.

In value terms, wooden frame non-upholstered seat imports dropped sharply to $X in 2023. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2022, and then contracted significantly in the following year.

Imports by Country

Malaysia represented the major importing country with an import of around X units, which reached X% of total imports. The Philippines (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%) and Singapore (X%).

From 2012 to 2023, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden frame non-upholstered seat importing markets in ASEAN were Malaysia ($X), Singapore ($X) and Thailand ($X), with a combined X% share of total imports. These countries were followed by the Philippines, which accounted for a further X%.

Among the main importing countries, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2023, waning by X% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform