Russian Federation - Seats For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Vehicle Seat Price in Russia - 2022

Contents:

  1. Vehicle Seat Price in Russia (CIF) - 2022
  2. Vehicle Seat Price in Russia (FOB) - 2022
  3. Vehicle Seat Imports in Russia
  4. Vehicle Seat Exports in Russia

Vehicle Seat Price in Russia (CIF) - 2022

The average vehicle seat import price stood at $274 per unit in January 2022, with a decrease of -25.2% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2021 when the average import price increased by 29% month-to-month. As a result, import price attained the peak level of $366 per unit, and then declined notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was the United States ($1,075 per unit), while the price for Belarus ($49.8 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Vehicle Seat Price in Russia (FOB) - 2022

In 2022, the average vehicle seat export price amounted to $136 per unit, declining by -5.2% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vehicle seat export price increased by +14.4% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 45% against the previous year. Over the period under review, the average export prices reached the maximum at $200 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($149 per unit), while the average price for exports to Azerbaijan ($14 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 Cuba (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Vehicle Seat Imports in Russia

In 2022, the amount of seats for motor vehicles imported into Russia fell significantly to 676K units, dropping by -15.4% compared with the year before. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of 799K units, and then reduced rapidly in the following year.

In value terms, vehicle seat imports declined rapidly to $194M in 2022. Over the period under review, imports showed a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. As a result, imports attained the peak of $229M, and then declined notably in the following year.

Import of Vehicle Seat in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States37.750.574.675.025.8%
South Korea87.750.391.365.7-9.2%
China4.94.615.822.766.7%
Germany17.816.014.89.5-18.9%
Slovakia17.110.110.25.2-32.8%
Czech Republic15.814.75.41.9-50.6%
Belarus1.71.92.40.9-19.1%
Others18.59.914.512.6-12.0%
Total201158229194-1.2%

Top Suppliers of Vehicle Seat to Russia in 2022:

  1. South Korea (405.6K units)
  2. China (84.6K units)
  3. United States (66.6K units)
  4. Slovakia (39.7K units)
  5. Germany (18.5K units)
  6. Belarus (17.3K units)
  7. Czech Republic (3.9K units)

Vehicle Seat Exports in Russia

In 2022, after three years of growth, there was significant decline in overseas shipments of seats for motor vehicles, when their volume decreased by -20.5% to 55K units. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 65%. The exports peaked at 70K units in 2021, and then declined sharply in the following year.

In value terms, vehicle seat exports fell rapidly to $7.5M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 97%. As a result, the exports attained the peak of $10M, and then shrank notably in the following year.

Export of Vehicle Seat in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus2.02.36.44.632.0%
Kazakhstan0.71.81.90.5-10.6%
Azerbaijan0.10.10.1N/A0.0%
Others1.00.91.62.433.9%
Total3.85.010.07.525.4%

Top Export Markets for Vehicle Seat from Russia in 2022:

  1. Belarus (47.3K units)
  2. Kazakhstan (3.1K units)
  3. Azerbaijan (1.1K units)

Source: IndexBox Market Intelligence Platform

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

  • Russia

Data coverage:

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