United Arab Emirates: Bed-Convertible Seat Market 2024

Bed-Convertible Seat Market Size in the United Arab Emirates

The bed-convertible seat market in the United Arab Emirates skyrocketed to $X in 2022, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Bed-Convertible Seat Exports

Exports from the United Arab Emirates

After two years of growth, overseas shipments of seats convertible into beds decreased by X% to X units in 2022. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X units in 2021, and then dropped dramatically in the following year.

In value terms, bed-convertible seat exports reached $X in 2022. In general, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Georgia (X units), Mozambique (X units) and Rwanda (X units) were the main destinations of bed-convertible seat exports from the United Arab Emirates, with a combined X% share of total exports. Uzbekistan, Angola, Cote d'Ivoire and the Philippines lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) emerged as the key foreign market for seats convertible into beds exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Rwanda ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and Angola (X% per year).

Export Prices by Country

In 2022, the average bed-convertible seat export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price showed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Mozambique ($X 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 Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bed-Convertible Seat Imports

Imports into the United Arab Emirates

In 2022, the amount of seats convertible into beds imported into the United Arab Emirates expanded to X units, surging by X% on 2021 figures. Overall, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, bed-convertible seat imports surged to $X in 2022. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Moldova (X units), Uzbekistan (X units) and Ukraine (X units) were the main suppliers of bed-convertible seat imports to the United Arab Emirates.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X) constituted the largest supplier of seats convertible into beds to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Moldova was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the average bed-convertible seat import price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Moldova ($X per unit), while the price for Uzbekistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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