Europe: Seat Market 2024

Seat Market Size in Europe

The Europe seat market rose rapidly to $X in 2023, with an increase of X% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Seat Production in Europe

In value terms, seat production surged to $X in 2023 estimated in export price. Overall, production, however, saw a slight slump. The level of production peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Seat Exports

Exports in Europe

In 2023, overseas shipments of seats decreased by X% to X units, falling for the second year in a row after three years of growth. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, seat exports totaled $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the four major exporters of seats, namely Poland, the Netherlands, Italy and Germany, represented more than half of total export. It was distantly followed by Romania (X units), making up a X% share of total exports. Spain (X units), Belgium (X units), France (X units), Denmark (X units), the UK (X units), the Czech Republic (X units), Lithuania (X units) and Sweden (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Italy ($X) and Germany ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. The Netherlands, the UK, Denmark, Romania, Spain, France, the Czech Republic, Lithuania, Belgium and Sweden lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, the Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2023, picking up by X% against the previous year. Export price indicated a moderate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

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

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

Seat Imports

Imports in Europe

In 2023, the amount of seats imported in Europe shrank remarkably to X units, with a decrease of X% on the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X units in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, seat imports declined to $X in 2023. Total imports indicated a temperate expansion 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, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Germany (X units), the UK (X units), France (X units) and the Netherlands (X units) represented the key importer of seats in Europe, creating X% of total import. Spain (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Russia (X%), Italy (X%), Switzerland (X%) and Belgium (X%). Poland (X units), Sweden (X units), Denmark (X units) and Austria (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. The Netherlands, Belgium, Spain, Switzerland, Italy, Austria, Denmark, Sweden, Poland and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Poland, 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

In 2023, the import price in Europe amounted to $X per unit, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Austria ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform