Global Swivel Seat Market 2023

Swivel Seat Market Size

The global swivel seat market expanded rapidly to $X in 2021, increasing by 9.1% against the previous year. The market value increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked in 2021 and is likely to see gradual growth in years to come.

Swivel Seat Production

In value terms, swivel seat production expanded significantly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 21%. Over the period under review, global production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Swivel Seat Exports

Exports

In 2021, overseas shipments of swivel seats with variable height adjustments increased by 25% to X units, rising for the fourth consecutive year after three years of decline. Overall, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +101.5% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 30% against the previous year. Over the period under review, the global exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, swivel seat exports soared to $X in 2021. Over the period under review, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, recording X units, which was near 80% of total exports in 2021. Germany (X units), Poland (X units), Taiwan (Chinese) (X units) and the Netherlands (X units) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to swivel seat exports from China stood at +7.5%. At the same time, the Netherlands (+24.4%), Poland (+7.8%) and Germany (+5.5%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +24.4% from 2012-2021. By contrast, Taiwan (Chinese) (-2.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and the Netherlands increased by +5 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest swivel seat supplier worldwide, comprising 67% of global exports. The second position in the ranking was held by Germany ($X), with a 6.1% share of global exports. It was followed by Taiwan (Chinese), with a 2.8% share.

In China, swivel seat exports increased at an average annual rate of +12.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+3.7% per year) and Taiwan (Chinese) (+2.7% per year).

Export Prices by Country

In 2021, the average swivel seat export price amounted to $X per unit, with an increase of 20% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2017 an increase of 21% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.8%), while the other global leaders experienced more modest paces of growth.

Swivel Seat Imports

Imports

For the fourth consecutive year, the global market recorded growth in overseas purchases of swivel seats with variable height adjustments, which increased by 23% to X units in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.1% against 2017 indices. The pace of growth was the most pronounced in 2020 when imports increased by 32%. Global imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, swivel seat imports surged to $X in 2021. In general, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +84.7% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States was the key importer of swivel seats with variable height adjustments in the world, with the volume of imports reaching X units, which was near 25% of total imports in 2021. It was distantly followed by Germany (X units) and Japan (X units), together creating a 12% share of total imports. The Netherlands (X units), France (X units), the UK (X units), Poland (X units), Brazil (X units), Mexico (X units), Spain (X units), Australia (X units), Canada (X units) and Italy (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to swivel seat imports into the United States stood at +7.7%. At the same time, Poland (+16.0%), the Netherlands (+15.4%), Spain (+15.1%), Italy (+12.7%), Mexico (+11.3%), Germany (+11.0%), Australia (+9.7%), Japan (+8.6%), the UK (+6.4%), Brazil (+5.1%), France (+4.4%) and Canada (+3.3%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +16.0% from 2012-2021. The Netherlands (+1.9 p.p.), Germany (+1.7 p.p.) and Poland (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported swivel seats with variable height adjustments worldwide, comprising 21% of global imports. The second position in the ranking was taken by Germany ($X), with a 7.7% share of global imports. It was followed by the Netherlands, with a 4.6% share.

In the United States, swivel seat imports increased at an average annual rate of +4.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+11.1% per year) and the Netherlands (+11.4% per year).

Import Prices by Country

In 2021, the average swivel seat import price amounted to $X per unit, surging by 11% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+6.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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