United Kingdom: Vehicle Seat Market 2024

Vehicle Seat Market Size in the UK

The UK vehicle seat market contracted to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a slight decrease. Vehicle seat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Vehicle Seat Production in the UK

In value terms, vehicle seat production declined slightly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Vehicle seat production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Vehicle Seat Exports

Exports from the UK

In 2022, the amount of seats for motor vehicles exported from the UK fell modestly to X units, approximately mirroring the year before. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, vehicle seat exports shrank modestly to $X in 2022. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X units), Germany (X units) and the United States (X units) were the main destinations of vehicle seat exports from the UK, with a combined X% share of total exports. The Netherlands, France, Sweden, India, Japan, Austria, Italy, Ireland, Australia and Poland lagged somewhat behind, together comprising 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 India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vehicle seat exported from the UK were Belgium ($X), Germany ($X) and the United States ($X), together comprising X% of total exports. The Netherlands, France, Sweden, India, Japan, Austria, Italy, Ireland, Australia and Poland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, India, with a CAGR of X%, saw the highest growth rate of 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 vehicle seat export price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the export price, however, saw prominent growth. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then reduced in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ireland ($X per unit) and Australia ($X per unit), while the average price for exports to Sweden ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vehicle Seat Imports

Imports into the UK

In 2022, vehicle seat imports into the UK fell rapidly to X units, waning by X% compared with the previous year. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, vehicle seat imports contracted to $X in 2022. Overall, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), Germany (X units) and China (X units) were the main suppliers of vehicle seat imports to the UK, together comprising X% of total imports. France, Poland, the Czech Republic, the Netherlands, Spain and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vehicle seat suppliers to the UK were Germany ($X), Italy ($X) and France ($X), with a combined X% share of total imports. China, the Netherlands, the Czech Republic, Poland, Spain and Hungary lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vehicle seat import price stood at $X per unit in 2022, rising by X% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price 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, vehicle seat import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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