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Store → Household → Furniture → Swivel Seats With Variable Height Adjustments
Report Republic of Korea - Swivel Seats With Variable Height Adjustments - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Republic of Korea - Swivel Seats With Variable Height Adjustments - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Swivel Seat Market 2023

Swivel Seat Market Size in Republic of Korea

The South Korean swivel seat market soared to $X in 2021, with an increase of 20% against the previous year. Overall, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +85.3% against 2017 indices. Swivel seat consumption peaked in 2021 and is expected to retain growth in the immediate term.

Swivel Seat Production in Republic of Korea

In value terms, swivel seat production rose notably to $X in 2021 estimated in export price. Over the period under review, the total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.1% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 34%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Swivel Seat Exports

Exports from Republic of Korea

In 2021, the amount of swivel seats with variable height adjustments exported from South Korea fell to X units, which is down by -5.8% compared with the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 38%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, swivel seat exports fell slightly to $X in 2021. The total export value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 21% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Japan (X units) and Saudi Arabia (X units) were the main destinations of swivel seat exports from South Korea, with a combined 36% share of total exports. China, the UK, Portugal, Taiwan (Chinese), Australia, Germany, the United Arab Emirates, Russia, New Zealand and Poland lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +58.1%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Saudi Arabia ($X) appeared to be the largest markets for swivel seat exported from South Korea worldwide, with a combined 33% share of total exports. These countries were followed by China, the UK, Taiwan (Chinese), Australia, Russia, Poland, New Zealand, the United Arab Emirates, Portugal and Germany, which together accounted for a further 37%.

Poland, with a CAGR of +63.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average swivel seat export price stood at $X per unit in 2021, increasing by 3.5% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, swivel seat export price decreased by -6.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 35%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Poland ($X per unit), while the average price for exports to Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Imports

Imports into Republic of Korea

In 2021, approx. X units of swivel seats with variable height adjustments were imported into South Korea; rising by 45% on 2020 figures. Overall, imports posted a resilient increase. The growth pace was the most rapid in 2015 when imports increased by 60% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, swivel seat imports skyrocketed to $X in 2021. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main swivel seat supplier to South Korea, with a approx. 97% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +22.4%.

In value terms, China ($X) constituted the largest supplier of swivel seat to South Korea.

From 2012 to 2021, the average annual growth rate of value from China stood at +27.1%.

Import Prices by Country

The average swivel seat import price stood at $X per unit in 2021, jumping by 18% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2013 an increase of 19%. The import price peaked in 2021 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +3.8% per year.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for swivel seats with variable height adjustments in the world?
+
The countries with the highest volumes of consumption in 2021 were the United States, China and Germany, with a combined 31% share of global consumption. Nigeria, Russia, Pakistan, Japan, Mexico, the UK, Poland, France, Canada and Brazil lagged somewhat behind, together comprising a further 36%.
What are the largest producers of swivel seats with variable height adjustments in the world?
+
China remains the largest swivel seat producing country worldwide, accounting for 61% of total volume. Moreover, swivel seat production in China exceeded the figures recorded by the second-largest producer, Nigeria, more than tenfold. The third position in this ranking was taken by Pakistan, with a 4.4% share.
What are the leading suppliers of swivel seats with variable height adjustments to Republic of Korea?
+
In value terms, China constituted the largest supplier of swivel seat to South Korea.
What are the leading importers of swivel seats with variable height adjustments from Republic of Korea?
+
In value terms, the United States, Japan and Saudi Arabia were the largest markets for swivel seat exported from South Korea worldwide, with a combined 33% share of total exports. These countries were followed by China, the UK, Taiwan Chinese), Australia, Russia, Poland, New Zealand, the United Arab Emirates, Portugal and Germany, which together accounted for a further 37%.
What is the average export price for swivel seats with variable height adjustments in Republic of Korea?
+
The average swivel seat export price stood at $96 per unit in 2021, surging by 3.5% against the previous year.
What is the average import price for swivel seats with variable height adjustments in Republic of Korea?
+
In 2021, the average swivel seat import price amounted to $63 per unit, surging by 18% against the previous year.

This report provides an in-depth analysis of the swivel seat market in Republic of Korea. 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 31001150 - Swivel seats with variable height adjustments (excluding medical, surgical, dental or veterinary, and barbers
Country coverage:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
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
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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