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Brazil - Seats For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Brazil - Seats For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jun 29, 2023

Vehicle Seat Price in Brazil Hits New Record of $301 per Unit After Three Consecutive Months of Increase

Brazil Vehicle Seat Import Price in February 2023

In February 2023, the vehicle seat price amounted to $301 per unit (CIF, Brazil), rising by 2.3% against the previous month. Over the period from February 2022 to February 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in December 2022 an increase of 27% against the previous month. The import price peaked in February 2023.

There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was the United States ($874 per unit), while the price for Sweden ($137 per unit) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by the UK (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Vehicle Seat in Brazil (USD per unit)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
United States731697805828722876821922897897932912874
United Kingdom363411384426449417404450465474504509660
Germany479457430445464374394382484383472496518
South Korea4293673642823141,091937447442559364234470
India17086.5382145431343299223184175267314301
Thailand228216184195175137183142137174134223262
Japan329309312286289305287281255241254259250
China177202214202214216218216175129196215219
Poland386139160134131148144124142171211137192
Italy143128239137159200224192201284571201191
Turkey13979.016313753.696.879.153.310362.6206131149
Sweden19316514211111413213196.4113140132141137
Average250242206254260262268248246205262294301

Brazil Vehicle Seat Imports

In February 2023, vehicle seat imports into Brazil shrank markedly to 17K units, with a decrease of -18.1% compared with the previous month. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in March 2022 with an increase of 27% m-o-m. Over the period under review, imports hit record highs at 48K units in April 2022; however, from May 2022 to February 2023, imports stood at a somewhat lower figure.

In value terms, vehicle seat imports fell sharply to $5.1M (IndexBox estimates) in February 2023. Over the period under review, imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in March 2022 when imports increased by 23% m-o-m. Imports peaked at 11M units in August 2022; however, from September 2022 to February 2023, imports stood at a somewhat lower figure.

Brazil Vehicle Seat Imports by Country

In February 2023, China (6.4K units) constituted the largest supplier of vehicle seat to Brazil, accounting for a 38% share of total imports. Moreover, vehicle seat imports from China exceeded the figures recorded by the second-largest supplier, Sweden (2.3K units), threefold. The third position in this ranking was held by Thailand (1.6K units), with a 9.3% share.

From February 2022 to February 2023, the average monthly growth rate of volume from China stood at -7.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Sweden (+5.1% per month) and Thailand (-7.1% per month).

In value terms, the largest vehicle seat suppliers to Brazil were China ($1.4M), the United States ($867K) and Germany ($722K), with a combined 59% share of total imports. These countries were followed by the UK, Thailand, Japan, Sweden, Italy, Poland, India, South Korea and Turkey, which together accounted for a further 37%.

Among the main suppliers, the UK, with a CAGR of +3.2%, 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.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vehicle seat market in Brazil. 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 29321000 - Seats for motor vehicles

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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