U.S. - Seats For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVehicle Seat Price in the United States - 2023
Contents:
- Vehicle Seat Price in the United States (FOB) - 2023
- Vehicle Seat Price in the United States (CIF) - 2022
- Vehicle Seat Exports in the United States
- Vehicle Seat Imports in the United States
Vehicle Seat Price in the United States (FOB) - 2023
The average vehicle seat export price stood at $537 per unit in August 2023, leveling off at the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 36% against the previous month. Over the period under review, the average export prices attained the peak figure at $555 per unit in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($962 per unit), while the average price for exports to Japan ($169 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Vehicle Seat Price in the United States (CIF) - 2022
The average vehicle seat import price stood at $68 per unit in 2022, declining by -8% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vehicle seat import price decreased by -21.7% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 39% against the previous year. As a result, import price attained the peak level of $87 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($149 per unit), while the price for India ($25 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Vehicle Seat Exports in the United States
In 2022, exports of seats for motor vehicles from the United States expanded markedly to 840K units, growing by 15% against the previous year. Over the period under review, exports, however, recorded a pronounced decrease. The exports peaked at 922K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, vehicle seat exports reduced to $279M in 2022. Overall, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 9.2% against the previous year. Over the period under review, the exports attained the peak figure at $353M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Vehicle Seat in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 195 | 151 | 143 | 104 | -18.9% |
| Canada | 71.3 | 51.5 | 63.2 | 75.7 | 2.0% |
| India | 2.1 | 5.4 | 10.4 | 23.0 | 122.1% |
| Japan | 11.0 | 9.2 | 5.5 | 11.0 | 0.0% |
| Germany | 3.2 | 3.6 | 4.6 | 6.9 | 29.2% |
| Australia | 3.7 | 3.4 | 4.0 | 5.6 | 14.8% |
| Brazil | 3.3 | 1.6 | 3.2 | 3.9 | 5.7% |
| Austria | 10.2 | 8.4 | 10.1 | 3.8 | -28.0% |
| Egypt | 1.0 | 1.0 | 3.6 | 3.4 | 50.4% |
| Sweden | 0.3 | 0.1 | 0.5 | 3.1 | 117.8% |
| China | 3.5 | 2.5 | 3.4 | 2.5 | -10.6% |
| United Kingdom | 2.5 | 1.9 | 2.3 | 1.6 | -13.8% |
| Argentina | 0.9 | 0.6 | 1.0 | 1.0 | 3.6% |
| Others | 45.4 | 45.3 | 56.2 | 33.5 | -9.6% |
| Total | 353 | 285 | 311 | 279 | -7.5% |
Top Export Markets for Vehicle Seat from the United States in 2022:
- Mexico (273.0K units)
- Canada (159.4K units)
- Japan (46.1K units)
- Argentina (40.9K units)
- Egypt (40.0K units)
- Australia (31.5K units)
- India (26.4K units)
- Austria (25.8K units)
- Germany (24.6K units)
- China (24.2K units)
- United Kingdom (21.4K units)
- Brazil (18.0K units)
- Sweden (18.0K units)
Vehicle Seat Imports in the United States
In 2022, approx. 4.7M units of seats for motor vehicles were imported into the United States; growing by 47% on the previous year. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% 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 +58.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, vehicle seat imports soared to $317M in 2022. The total import value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vehicle Seat in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 153 | 147 | 101 | 174 | 4.4% |
| Canada | 12.7 | 14.8 | 22.2 | 37.1 | 43.0% |
| China | 51.2 | 33.6 | 45.5 | 30.4 | -16.0% |
| Turkey | 8.4 | 9.6 | 12.5 | 12.6 | 14.5% |
| Germany | 10.0 | 7.1 | 9.8 | 12.3 | 7.1% |
| Italy | 6.6 | 4.7 | 7.0 | 7.6 | 4.8% |
| India | 4.7 | 2.7 | 5.0 | 7.5 | 16.9% |
| Others | 24.5 | 24.5 | 31.5 | 35.8 | 13.5% |
| Total | 271 | 244 | 234 | 317 | 5.4% |
Top Suppliers of Vehicle Seat to the United States in 2022:
- Mexico (1169.6K units)
- China (1057.3K units)
- Canada (1033.8K units)
- Turkey (357.9K units)
- India (299.1K units)
- Italy (183.4K units)
- Germany (159.4K units)
This report provides an in-depth analysis of the vehicle seat market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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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