Asia: Aircraft Seat Market 2020

Aircraft Seat Market Size in Asia

The revenue of the aircraft seat market in Asia amounted to $X in 2017, going up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the aircraft seat market attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

Aircraft Seat Production in Asia

The aircraft seat production amounted to X units in 2017, picking up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. The volume of aircraft seat production peaked in 2017, and is likely to see steady growth in the near future.

Aircraft Seat Exports in Asia

In 2017, the amount of seats for aircraft exported in Asia totaled X units, increasing by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2008, when exports increased by X% against the previous year. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, aircraft seat exports stood at $X in 2017. The total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the aircraft seat exports increased by +X% against 2008 indices. Over the period under review, the aircraft seat exports attained its maximum level in 2017, and are likely to continue its growth in the immediate term.

Aircraft Seat Exports by Country in Asia

China was the major exporting country with an export of around X units, which amounted to X% of total exports. South Korea (X units) held a X% share (based on tons) of total exports, which put it in second place, followed by Japan (X%). The following exporters - Vietnam (X units), Taiwan, Chinese (X units), Turkey (X units) and Thailand (X units) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to aircraft seat exports from China stood at +X%. At the same time, Vietnam (+X%), Turkey (+X%), South Korea (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Taiwan, Chinese (-X%) and Japan (-X%) illustrated a downward trend over the same period. Japan (X%) significantly strengthened its position in terms of the global exports, while Turkey, Vietnam, South Korea and China saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aircraft seat supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+X% per year) and Japan (-X% per year).

Aircraft Seat Export Prices by Country in Asia

The aircraft seat export price in Asia stood at $X per thousand units in 2017, approximately reflecting the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year. Over the period under review, the export prices for seats for aircraft reached its peak figure level of $X per thousand units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Thailand ($X per unit), while Taiwan, Chinese ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Aircraft Seat Imports in Asia

The imports stood at X units in 2017, approximately reflecting the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. The volume of imports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, aircraft seat imports amounted to $X in 2017. The total imports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the aircraft seat imports increased by +X% against 2015 indices. Over the period under review, the aircraft seat imports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Aircraft Seat Imports by Country in Asia

In 2017, Japan (X units) and China (X units) were the main importers of seats for aircraft in the globe, together recording near X% of total imports. Malaysia (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by South Korea (X%), Turkey (X%) and Thailand (X%). Indonesia (X units), Taiwan, Chinese (X units), India (X units), Vietnam (X units), the United Arab Emirates (X units) and China, Hong Kong SAR (X units) took the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest aircraft seat markets worldwide were Japan ($X), China ($X) and South Korea ($X), together accounting for X% of total imports. Thailand, Turkey, Malaysia, India, the United Arab Emirates, Vietnam, Indonesia, Taiwan, Chinese and China, Hong Kong SAR lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , India (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Aircraft Seat Import Prices by Country in Asia

The aircraft seat import price in Asia stood at $X per thousand units in 2017, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when the import prices increased by X% year-to-year. Over the period under review, the import prices for seats for aircraft attained its maximum level in 2017, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Korea ($X per unit), while China, Hong Kong SAR ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform