Luxembourg - Seats For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVehicle Seat Price in Luxembourg - 2023
Contents:
- Vehicle Seat Price in Luxembourg (CIF) - 2023
- Vehicle Seat Price in Luxembourg (FOB) - 2022
- Vehicle Seat Imports in Luxembourg
- Vehicle Seat Exports in Luxembourg
Vehicle Seat Price in Luxembourg (CIF) - 2023
The average vehicle seat import price stood at $676 per unit in July 2023, with a decrease of -43.4% against the previous month. Overall, the import price, however, enjoyed tangible growth. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 113% against the previous month. Over the period under review, average import prices hit record highs at $1,195 per unit in June 2023, and then reduced remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($936 per unit), while the price for France ($283 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+28.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Vehicle Seat Price in Luxembourg (FOB) - 2022
In 2022, the average vehicle seat export price amounted to $432 per unit, surging by 60% against the previous year. Overall, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2017 when the average export price increased by 160% against the previous year. Over the period under review, the average export prices attained the peak figure at $593 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($434 per unit) and Turkey ($434 per unit), while the average price for exports to France ($431 per unit) and Germany ($433 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Vehicle Seat Imports in Luxembourg
In 2022, the amount of seats for motor vehicles imported into Luxembourg shrank sharply to 2.5K units, with a decrease of -25.7% compared with 2021. 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 76%. As a result, imports reached the peak of 3.3K units, and then contracted remarkably in the following year.
In value terms, vehicle seat imports declined significantly to $1.1M in 2022. Overall, imports saw a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. As a result, imports attained the peak of $1.5M, and then shrank significantly in the following year.
| Import of Vehicle Seat in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 572 | 500 | 1,031 | 821 | 12.8% |
| Poland | 19.5 | 6.2 | 4.9 | 65.7 | 49.9% |
| Belgium | 102 | 81.5 | 100 | 52.8 | -19.7% |
| Czech Republic | 2.8 | 0.7 | 161 | 30.2 | 120.9% |
| China | 49.9 | 42.6 | 18.3 | 23.5 | -22.2% |
| France | 190 | 85.1 | 53.7 | 22.4 | -51.0% |
| United States | 18.8 | 4.2 | 12.2 | 18.0 | -1.4% |
| United Kingdom | 40.7 | 3.1 | 13.9 | 12.8 | -32.0% |
| Italy | 32.3 | 62.1 | 15.9 | 5.4 | -44.9% |
| Others | 113 | 86.2 | 92.5 | 34.8 | -32.5% |
| Total | 1,141 | 872 | 1,504 | 1,087 | -1.6% |
Top Suppliers of Vehicle Seat to Luxembourg in 2022:
- Germany (1911.0 units)
- Poland (149.0 units)
- Belgium (123.0 units)
- Czech Republic (59.0 units)
- China (54.0 units)
- France (52.0 units)
- United States (41.0 units)
- United Kingdom (28.0 units)
- Italy (13.0 units)
Vehicle Seat Exports in Luxembourg
In 2022, the amount of seats for motor vehicles exported from Luxembourg rose significantly to 328 units, growing by 10% on 2021 figures. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 152%. As a result, the exports reached the peak of 370 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, vehicle seat exports surged to $142K in 2022. Overall, exports saw a resilient increase. The exports peaked at $148K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Vehicle Seat in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 29.1 | 69.5 | N/A | 62.0 | 28.7% |
| Belgium | 36.1 | 43.4 | 44.0 | 57.7 | 16.9% |
| Germany | 15.3 | 5.5 | 11.5 | 10.4 | -12.1% |
| France | 5.0 | 1.2 | 3.4 | 10.3 | 27.2% |
| Hong Kong SAR | N/A | 10.1 | N/A | N/A | 0% |
| United Arab Emirates | 0.8 | 17.1 | 14.9 | N/A | 331.6% |
| Others | 0.7 | 1.3 | 6.2 | 1.1 | 16.3% |
| Total | 87.1 | 148 | 80.0 | 142 | 17.7% |
Top Export Markets for Vehicle Seat from Luxembourg in 2022:
- Turkey (143.0 units)
- Belgium (133.0 units)
- France (24.0 units)
- Germany (24.0 units)
This report provides an in-depth analysis of the vehicle 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
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.
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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
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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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