Report Update Apr 1, 2024

Saudi Arabia - Seats for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Vehicle Seat Market 2024

Vehicle Seat Market Size in Saudi Arabia

The Saudi vehicle seat market contracted to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, continues to indicate prominent growth. Vehicle seat consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Vehicle Seat Production in Saudi Arabia

In value terms, vehicle seat production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a strong expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Vehicle seat production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Vehicle Seat Exports

Exports from Saudi Arabia

In 2022, shipments abroad of seats for motor vehicles increased by X% to X units, rising for the fourth consecutive year after three years of decline. Over the period under review, exports, however, saw a slight setback. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, vehicle seat exports reached $X in 2022. Overall, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for vehicle seat exports from Saudi Arabia, with a X% share of total exports. Moreover, vehicle seat exports to Italy exceeded the volume sent to the second major destination, Austria (X units), fivefold. The third position in this ranking was held by Oman (X units), with a X% share.

From 2014 to 2022, the average annual rate of growth in terms of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Oman (X% per year).

In value terms, Italy ($X) emerged as the key foreign market for seats for motor vehicles exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2014 to 2022, the average annual rate of growth in terms of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average vehicle seat export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%).

Vehicle Seat Imports

Imports into Saudi Arabia

In value terms, vehicle seat imports stood at $X in 2021. Over the period under review, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In value terms, Germany ($X) and China ($X) constituted the largest vehicle seat suppliers to Saudi Arabia.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for seats for motor vehicles in the world?

Greece remains the largest vehicle seat consuming country worldwide, accounting for 43% of total volume. Moreover, vehicle seat consumption in Greece exceeded the figures recorded by the second-largest consumer, the Netherlands, sixfold. The third position in this ranking was held by Latvia, with a 6.8% share.

What are the largest producers of seats for motor vehicles in the world?

Greece constituted the country with the largest volume of vehicle seat production, accounting for 43% of total volume. Moreover, vehicle seat production in Greece exceeded the figures recorded by the second-largest producer, Latvia, sixfold. The third position in this ranking was held by the Netherlands, with a 6.8% share.

What are the leading importers of seats for motor vehicles from Saudi Arabia?

In value terms, Italy emerged as the key foreign market for seats for motor vehicles exports from Saudi Arabia, comprising 40% of total exports. The second position in the ranking was held by Oman $486), with a 4.4% share of total exports. It was followed by Austria, with a 4.4% share.

What is the average export price for seats for motor vehicles in Saudi Arabia?

The average vehicle seat export price stood at $93 per unit in 2022, declining by -22.7% against the previous year.

This report provides an in-depth analysis of the vehicle seat market in Saudi Arabia. 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:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023