Romania: Seat Market 2024

Seat Market Size in Romania

In 2022, the Romanian seat market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, posted a noticeable expansion. Seat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Seat Production in Romania

In value terms, seat production soared to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt curtailment. Seat production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Seat Exports

Exports from Romania

After three years of growth, overseas shipments of seats decreased by X% to X units in 2022. Overall, total exports indicated pronounced growth from 2012 to 2022: its volume 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, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then fell modestly in the following year.

In value terms, seat exports contracted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), France (X units) and Italy (X units) were the main destinations of seat exports from Romania, together accounting for X% of total exports. The Netherlands, the UK, Spain, Poland, Austria, the United States, Belgium, Turkey, Sweden and Hungary lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Italy ($X) appeared to be the largest markets for seat exported from Romania worldwide, together accounting for X% of total exports. The Netherlands, the UK, the United States, Spain, Austria, Belgium, Poland, Sweden, Hungary and Turkey lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average seat export price amounted to $X per unit, declining by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Turkey ($X 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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Seat Imports

Imports into Romania

In 2022, after ten years of growth, there was significant decline in supplies from abroad of seats, when their volume decreased by X% to X units. Overall, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at X units in 2021, and then declined remarkably in the following year.

In value terms, seat imports contracted rapidly to $X in 2022. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of seat to Romania, accounting for a X% share of total imports. Moreover, seat imports from China exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), twofold. The third position in this ranking was taken by Turkey (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of seats to Romania, comprising X% of total imports. The second position in the ranking was held by Bulgaria ($X), with a X% share of total imports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average seat import price amounted to $X per unit, dropping by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :