Report Update: May 1, 2024

Luxembourg - Seats - Market Analysis, Forecast, Size, Trends and Insights

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Seat Price in Luxembourg - 2023

Seat Price in Luxembourg (CIF) - 2023

In August 2023, the average seat import price amounted to $147 per unit, with a decrease of -8.4% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 39% m-o-m. Over the period under review, average import prices hit record highs at $206 per unit in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($349 per unit), while the price for Poland ($80.0 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Seat Price in Luxembourg (FOB) - 2022

The average seat export price stood at $40 per unit in 2021, declining by -40.5% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by 269%. Over the period under review, the average export prices reached the maximum at $164 per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($132 per unit), while the average price for exports to the Netherlands ($30 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+33.3%), while the prices for the other major destinations experienced a decline.

Seat Imports in Luxembourg

After three years of growth, supplies from abroad of seats decreased by -28% to 1.3M units in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +34.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 54% against the previous year. As a result, imports reached the peak of 1.8M units, and then declined significantly in the following year.

In value terms, seat imports declined to $62M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of $73M, and then fell in the following year.

Import of Seat in Luxembourg (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Germany	26.7	26.0	31.2	8.1%
Belgium	6.9	9.4	11.6	29.7%
Italy	5.3	5.7	7.8	21.3%
France	5.4	4.3	5.7	2.7%
Netherlands	2.7	4.1	5.5	42.7%
Poland	3.1	3.7	4.6	21.8%
Denmark	1.2	1.3	1.9	25.8%
China	2.5	0.1	0.3	-65.4%
Others	7.1	3.5	3.9	-25.9%
Total	61.0	58.2	72.5	9.0%

Top Suppliers of Seat to Luxembourg in 2022:

Germany (242.0K units)
Belgium (91.8K units)
Netherlands (64.9K units)
France (61.8K units)
Italy (33.6K units)
Poland (33.5K units)
Denmark (10.9K units)
China (5.1K units)

Seat Exports in Luxembourg

In 2022, seat exports from Luxembourg stood at 77K units, with an increase of 3.9% compared with the previous year. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, seat exports surged to $4.8M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Seat in Luxembourg (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
France	2,193	2,348	1,614	-14.2%
Belgium	588	281	890	23.0%
Netherlands	5.0	17.6	191	518.1%
Germany	131	297	94.3	-15.2%
Italy	10.9	0.4	56.3	127.3%
Others	184	114	133	-15.0%
Total	3,111	3,059	2,979	-2.1%

Top Export Markets for Seat from Luxembourg in 2022:

France (12.2K units)
Belgium (11.9K units)
Netherlands (6.5K units)
Italy (1.7K units)
Germany (1.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the seat market in Luxembourg. 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:

Luxembourg

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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