Belgium - Seats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSeat Price in Belgium - 2023
Contents:
- Seat Price in Belgium (CIF) - 2022
- Seat Price in Belgium (FOB) - 2023
- Seat Imports in Belgium
- Seat Exports in Belgium
Seat Price in Belgium (CIF) - 2022
In 2021, the average seat import price amounted to $36 per unit, stabilizing at the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs at $41 per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($148 per unit), while the price for China ($31 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Seat Price in Belgium (FOB) - 2023
The average seat export price stood at $42.4 per unit in August 2023, which is down by -56.9% against the previous month. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in October 2022 an increase of 63% against the previous month. Over the period under review, the average export prices reached the maximum at $108 per unit in November 2022; however, from December 2022 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Sweden ($205 per unit), while the average price for exports to Romania ($1.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Seat Imports in Belgium
After three years of growth, purchases abroad of seats decreased by -7.4% to 32M units in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.9% 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 +55.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of 34M units, and then dropped in the following year.
In value terms, seat imports reduced slightly to $1.2B in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 +70.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $1.2B, leveling off in the following year.
| Import of Seat in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 142 | 254 | 444 | 76.8% | |
| Netherlands | 124 | 135 | 156 | 12.2% | |
| Germany | 144 | 127 | 148 | 1.4% | |
| Poland | 66.3 | 68.6 | 99.0 | 22.2% | |
| Italy | 68.4 | 67.1 | 90.8 | 15.2% | |
| Czech Republic | 2.9 | 32.6 | 40.2 | 272.3% | |
| France | 23.1 | 28.7 | 39.2 | 30.3% | |
| Indonesia | 15.0 | 20.9 | 34.2 | 51.0% | |
| Vietnam | 7.6 | 14.4 | 21.6 | 68.6% | |
| Denmark | 13.3 | 13.0 | 20.7 | 24.8% | |
| Turkey | 9.9 | 17.7 | 19.0 | 38.5% | |
| Others | 112 | 115 | 135 | 9.8% | |
| Total | 729 | 894 | 1,248 | 30.8% | |
Top Suppliers of Seat to Belgium in 2022:
- China (14.5M units)
- Netherlands (3.2M units)
- Germany (1.3M units)
- Poland (1.1M units)
- France (0.8M units)
- Czech Republic (0.7M units)
- Italy (0.6M units)
- Denmark (0.6M units)
- Indonesia (0.5M units)
- Vietnam (0.5M units)
- Turkey (0.4M units)
Seat Exports in Belgium
Seat exports from Belgium totaled 13M units in 2022, increasing by 14% compared with the previous year. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 68%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, seat exports totaled $673M in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 46%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Seat in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| France | 123 | 185 | 258 | 44.8% | |
| Netherlands | 57.3 | 96.9 | 100 | 32.1% | |
| Germany | 25.1 | 58.2 | 80.9 | 79.5% | |
| Sweden | 21.8 | 19.8 | 30.2 | 17.7% | |
| United Kingdom | 6.5 | 10.9 | 23.8 | 91.4% | |
| Italy | 8.2 | 8.9 | 16.4 | 41.4% | |
| Spain | 8.2 | 8.2 | 11.4 | 17.9% | |
| Others | 70.7 | 79.4 | 136 | 38.7% | |
| Total | 321 | 468 | 657 | 43.1% | |
Top Export Markets for Seat from Belgium in 2022:
- France (6.2M units)
- Netherlands (2.0M units)
- Germany (2.0M units)
- Italy (0.4M units)
- United Kingdom (0.2M units)
- Sweden (0.2M units)
- Spain (0.2M units)
This report provides an in-depth analysis of the seat market in Belgium. 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
- Prodcom 30305010 - Seats for aircraft, parts thereof
- Prodcom 31001155 -
- Prodcom 31001159 -
- Prodcom 31001170 - Upholstered seats with metal frames (excluding swivel seats, m edical, surgical, dental or veterinary seats, barbers
- Prodcom 31001190 - Non-upholstered seats with metal frames (excluding medical, s urgical, dental or veterinary seats, barbers
- Prodcom 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)
- Prodcom 31001230 - Seats of cane, osier, bamboo or similar materials
- Prodcom 31001250 - Upholstered seats with wooden frames (including three piece suites) (excluding swivel seats)
- Prodcom 31001290 - Non-upholstered seats with wooden frames (excluding swivel seats)
- Prodcom 31001300 - Other seats, of HS
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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