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

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

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Vehicle Seat Price in Portugal - 2023

Contents:

  1. Vehicle Seat Price in Portugal (FOB) - 2023
  2. Vehicle Seat Price in Portugal (CIF) - 2023
  3. Vehicle Seat Exports in Portugal
  4. Vehicle Seat Imports in Portugal

Vehicle Seat Price in Portugal (FOB) - 2023

The average vehicle seat export price stood at $201 per unit in July 2023, reducing by -4% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 47% against the previous month. Over the period under review, the average export prices reached the peak figure at $316 per unit in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($237 per unit), while the average price for exports to Denmark ($133 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.7%), while the prices for the other major destinations experienced a decline.

Vehicle Seat Price in Portugal (CIF) - 2023

In July 2023, the average vehicle seat import price amounted to $252 per unit, jumping by 24% against the previous month. In general, the import price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in November 2022 an increase of 46% against the previous month. Over the period under review, average import prices attained the peak figure at $386 per unit in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($393 per unit), while the price for Morocco ($126 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 UK (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Vehicle Seat Exports in Portugal

Vehicle seat exports from Portugal totaled 77K units in 2022, picking up by 2.3% on the previous year's figure. Overall, exports, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. The exports peaked at 81K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, vehicle seat exports rose significantly to $17M in 2022. In general, exports, however, continue to indicate a deep downturn. Over the period under review, the exports attained the maximum at $25M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Vehicle Seat in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain15.69.45.68.3-19.0%
France7.26.37.36.2-4.9%
Germany0.60.40.70.5-5.9%
TurkeyN/AN/A0.10.4300.0%
Others2.01.02.21.8-3.5%
Total25.317.115.917.2-12.1%

Top Export Markets for Vehicle Seat from Portugal in 2022:

  1. Spain (37.1K units)
  2. France (27.8K units)
  3. Germany (2.1K units)
  4. Turkey (2.0K units)

Vehicle Seat Imports in Portugal

In 2022, after two years of decline, there was significant growth in supplies from abroad of seats for motor vehicles, when their volume increased by 155% to 45K units. In general, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, vehicle seat imports skyrocketed to $5.4M in 2022. Overall, imports, however, saw a abrupt setback. Imports peaked at $7.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Vehicle Seat in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3,9492,0451,3032,111-18.8%
Italy1,0941,2782471,86619.5%
Turkey40379442559413.8%
Germany443318226261-16.2%
Poland54.91.725513635.3%
France150113123128-5.1%
United Kingdom94.516.468.112610.1%
Japan753N/AN/A2.6-84.9%
Others365234182188-19.8%
Total7,3074,8012,8305,414-9.5%

Top Suppliers of Vehicle Seat to Portugal in 2022:

  1. Japan (undefinedK units)
  2. Spain (17.5K units)
  3. Italy (15.5K units)
  4. Turkey (4.9K units)
  5. Germany (2.2K units)
  6. Poland (1.2K units)
  7. France (1.1K units)
  8. United Kingdom (1.0K units)

Source: IndexBox Market Intelligence Platform

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

  • Portugal

Data coverage:

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