Asia-Pacific: Swivel Seat Market 2024

Swivel Seat Market Size in Asia-Pacific

The Asia-Pacific swivel seat market surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption enjoyed prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Swivel Seat Production in Asia-Pacific

In value terms, swivel seat production expanded modestly to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Swivel Seat Exports

Exports in Asia-Pacific

In 2022, shipments abroad of swivel seats with variable height adjustments decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. In general, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then declined sharply in the following year.

In value terms, swivel seat exports dropped significantly to $X in 2022. Over the period under review, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Taiwan (Chinese) was the main exporter of swivel seats with variable height adjustments in Asia-Pacific, with the volume of exports accounting for X units, which was near X% of total exports in 2022. It was distantly followed by Vietnam (X units), Malaysia (X units) and South Korea (X units), together committing a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Vietnam ($X), Taiwan (Chinese) ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Swivel Seat Imports

Imports in Asia-Pacific

In 2022, after four years of growth, there was significant decline in purchases abroad of swivel seats with variable height adjustments, when their volume decreased by X% to X units. Overall, imports, however, enjoyed notable growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then plummeted in the following year.

In value terms, swivel seat imports shrank to $X in 2022. In general, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Japan (X units) was the key importer of swivel seats with variable height adjustments, constituting X% of total imports. Australia (X units) ranks second in terms of the total imports with a X% share, followed by Indonesia (X%) and the Philippines (X%). The following importers - South Korea (X units), Taiwan (Chinese) (X units), Singapore (X units), Malaysia (X units), New Zealand (X units) and Hong Kong SAR (X units) - together made up X% of total imports.

Imports into Japan increased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%), the Philippines (X%), Indonesia (X%), Australia (X%), Taiwan (Chinese) (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%), South Korea (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. Japan (X p.p.), Australia (X p.p.), the Philippines (X p.p.), Indonesia (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore, South Korea and Hong Kong SAR saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest swivel seat importing markets in Asia-Pacific were Japan ($X), Australia ($X) and South Korea ($X), with a combined X% share of total imports.

Among the main importing countries, South Korea, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, picking up by X% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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