Africa: Swivel Seat Market 2024

Swivel Seat Market Size in Africa

The African swivel seat market was estimated at $X in 2022, picking up by 3.8% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.4% against 2020 indices. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Swivel Seat Production in Africa

In value terms, swivel seat production rose sharply to $X in 2022 estimated in export price. Over the period under review, production enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 124%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Swivel Seat Exports

Exports in Africa

In 2022, the amount of swivel seats with variable height adjustments exported in Africa dropped notably to X units, waning by -20.1% compared with the previous year's figure. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of 99% against the previous year. The volume of export peaked at X units in 2021, and then shrank remarkably in the following year.

In value terms, swivel seat exports declined rapidly to $X in 2022. Total exports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% 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 +38.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 83%. As a result, the exports reached the peak of $X, and then fell significantly in the following year.

Exports by Country

South Africa prevails in exports structure, resulting at X units, which was approx. 91% of total exports in 2022. Morocco (X units) held a relatively small share of total exports.

Exports from South Africa increased at an average annual rate of +6.3% from 2012 to 2022. At the same time, Morocco (+8.4%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of +8.4% from 2012-2022. South Africa (+3 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest swivel seat supplier in Africa, comprising 82% of total exports. The second position in the ranking was taken by Morocco ($X), with a 9.5% share of total exports.

In South Africa, swivel seat exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, shrinking by -5.2% against the previous year. In general, the export price recorded a perceptible curtailment. The growth pace was the most rapid in 2015 an increase of 43% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per unit), while South Africa stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+2.3%).

Swivel Seat Imports

Imports in Africa

In 2022, the amount of swivel seats with variable height adjustments imported in Africa reduced to X units, declining by -12.7% against the previous year's figure. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, swivel seat imports dropped to $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 +71.2% against 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, South Africa (X units), distantly followed by Morocco (X units), Tanzania (X units), Algeria (X units), Ghana (X units) and Kenya (X units) represented the key importers of swivel seats with variable height adjustments, together comprising 61% of total imports. Cote d'Ivoire (X units), Djibouti (X units), Egypt (X units), Rwanda (X units), Angola (X units), Mauritius (X units) and Libya (X units) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of -4.3% from 2012 to 2022. At the same time, Rwanda (+45.7%), Tanzania (+18.8%), Cote d'Ivoire (+12.3%), Djibouti (+11.1%), Ghana (+6.7%) and Morocco (+1.9%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing importer imported in Africa, with a CAGR of +45.7% from 2012-2022. Kenya and Mauritius experienced a relatively flat trend pattern. By contrast, Angola (-2.4%), Algeria (-5.0%), Libya (-9.2%) and Egypt (-13.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tanzania, Ghana, Cote d'Ivoire, Rwanda, Morocco and Djibouti increased by +7, +3, +2.7, +2.3, +2.3 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Morocco ($X), South Africa ($X) and Ghana ($X) were the countries with the highest levels of imports in 2022, with a combined 35% share of total imports. Djibouti, Algeria, Libya, Cote d'Ivoire, Tanzania, Egypt, Kenya, Angola, Mauritius and Rwanda lagged somewhat behind, together accounting for a further 38%.

Among the main importing countries, Rwanda, with a CAGR of +27.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, remaining constant against the previous year. Import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, swivel seat import price increased by +79.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+22.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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