Report Update: May 1, 2024

Vietnam - Swivel Seats With Variable Height Adjustments - Market Analysis, Forecast, Size, Trends And Insights

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Swivel Seat Price in Vietnam - 2021

Swivel Seat Price in Vietnam (FOB) - 2022

The average swivel seat export price stood at $45 per unit in 2022, picking up by 8.2% against the previous year. In general, the export price posted a slight increase. The most prominent rate of growth was recorded in 2014 an increase of 68%. Over the period under review, the average export prices reached the maximum at $77 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($198 per unit), while the average price for exports to the Netherlands ($17 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 Netherlands (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Price in Vietnam (CIF) - 2022

The average swivel seat import price stood at $89 per unit in 2022, shrinking by -2.3% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, swivel seat import price increased by +46.0% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 27% against the previous year. The import price peaked at $91 per unit in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($131 per unit), while the price for the United States ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.6%), while the prices for the other major suppliers experienced a decline.

Swivel Seat Exports in Vietnam

In 2022, after three years of growth, there was decline in shipments abroad of swivel seats with variable height adjustments, when their volume decreased by -0.5% to 3.4M units. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,149% against the previous year. The exports peaked at 3.4M units in 2021, and then declined in the following year.

In value terms, swivel seat exports stood at $152M in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,708%. As a result, the exports reached the peak of $163M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Swivel Seat in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	1.1	42.4	58.8	60.5	280.3%
United States	6.2	91.5	56.7	56.0	108.3%
Chile	N/A	1.1	1.3	5.8	129.6%
Lao People's Democratic Republic	N/A	0.1	3.5	3.6	500.0%
China	0.3	4.7	1.2	2.3	97.2%
Germany	0.1	1.9	2.3	2.3	184.4%
Netherlands	0.2	0.3	1.6	1.7	104.1%
Others	1.2	21.2	16.0	20.1	155.9%
Total	9.0	163	141	152	156.6%

Top Export Markets for Swivel Seat from Vietnam in 2022:

United States (2059.2K units)
Canada (305.5K units)
Chile (161.1K units)
Netherlands (97.9K units)
Germany (92.8K units)
Lao People's Democratic Republic (77.6K units)
China (55.6K units)

Swivel Seat Imports in Vietnam

In 2022, after three years of growth, there was significant decline in supplies from abroad of swivel seats with variable height adjustments, when their volume decreased by -15.8% to 600K units. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 +60.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 47%. As a result, imports attained the peak of 713K units, and then shrank sharply in the following year.

In value terms, swivel seat imports fell markedly to $53M in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. Imports peaked at $65M in 2021, and then declined rapidly in the following year.

Import of Swivel Seat in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	14.2	30.6	52.6	43.1	44.8%
Malaysia	7.1	4.9	6.6	5.4	-8.7%
South Korea	1.7	1.6	1.6	1.3	-8.6%
United Kingdom	0.2	0.5	0.5	0.4	26.0%
United States	0.1	0.2	0.4	0.3	44.2%
Japan	0.2	0.3	0.4	0.3	14.5%
Others	1.8	3.5	2.6	2.4	10.1%
Total	25.3	41.7	64.7	53.2	28.1%

Top Suppliers of Swivel Seat to Vietnam in 2022:

China (328.2K units)
Malaysia (131.6K units)
South Korea (52.1K units)
United States (23.3K units)
Japan (15.5K units)
United Kingdom (15.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the swivel seat market in Vietnam. 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 31001150 - Swivel seats with variable height adjustments (excluding medical, surgical, dental or veterinary, and barbers

Country coverage:

Vietnam

Data coverage:

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