Spain: Seat Market 2024

Seat Market Size in Spain

The Spanish seat market shrank dramatically to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank dramatically in the following year.

Seat Production in Spain

In value terms, seat production expanded rapidly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when the production volume increased by X%. Seat production peaked in 2022 and is expected to retain growth in years to come.

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Seat Exports

Exports from Spain

Seat exports from Spain rose notably to X units in 2022, with an increase of X% on the previous year. Overall, total exports indicated buoyant 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, seat exports declined slightly to $X in 2022. Over the period under review, total exports indicated a prominent expansion 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

France (X units), Portugal (X units) and Italy (X units) were the main destinations of seat exports from Spain, together comprising X% of total exports. The United States, Germany, the UK, Morocco, China, the Netherlands and Mexico 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 China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Portugal ($X) and the United States ($X) appeared to be the largest markets for seat exported from Spain worldwide, together comprising X% of total exports. Germany, the UK, Italy, Morocco, China, the Netherlands and Mexico lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, China, with a CAGR of X%, saw 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

The average seat export price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Italy ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Seat Imports

Imports into Spain

In 2022, the amount of seats imported into Spain skyrocketed to X units, increasing by X% on the previous year. In general, total imports indicated buoyant 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, seat imports reduced to $X in 2022. Over the period under review, total imports indicated a prominent expansion 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of seat to Spain, with a X% share of total imports. Moreover, seat imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold. Italy (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of seats to Spain, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

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

Import Prices by Country

The average seat import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit, and then fell remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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