Benelux: Seat Market 2025

Seat Market Size in Benelux

The Benelux seat market soared to $X in 2021, growing by 36% against the previous year. Over the period under review, consumption enjoyed a moderate increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Seat Production in Benelux

In value terms, seat production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Seat Exports

Exports in Benelux

In 2021, shipments abroad of seats increased by 35% to X tons, rising for the second year in a row after three years of decline. Total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +8.7% 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 +71.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, seat exports skyrocketed to $X in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% 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 +113.4% against 2015 indices. The pace of growth was the most pronounced in 2020 with an increase of 39%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

The Netherlands was the major exporting country with an export of about X tons, which recorded 85% of total exports. It was distantly followed by Belgium (X tons), making up a 14% share of total exports.

The Netherlands was also the fastest-growing in terms of the seats exports, with a CAGR of +10.7% from 2012 to 2021. At the same time, Belgium (+1.1%) displayed positive paces of growth. The Netherlands (+13 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -13.2% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) remains the largest seat supplier in Benelux, comprising 71% of total exports. The second position in the ranking was held by Belgium ($X), with a 29% share of total exports.

In the Netherlands, seat exports increased at an average annual rate of +8.5% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, falling by -9.5% against the previous year. In general, the export price showed a slight decrease. The most prominent rate of growth was recorded in 2017 when the export price increased by 16%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.9%).

Seat Imports

Imports in Benelux

In 2021, overseas purchases of seats increased by 37% to X tons, rising for the sixth consecutive year after two years of decline. In general, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, seat imports skyrocketed to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.2% 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 +104.7% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands was the largest importing country with an import of about X tons, which accounted for 74% of total imports. It was distantly followed by Belgium (X tons), achieving a 25% share of total imports.

The Netherlands was also the fastest-growing in terms of the seats imports, with a CAGR of +11.8% from 2012 to 2021. At the same time, Belgium (+3.1%) displayed positive paces of growth. The Netherlands (+16 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -15.5% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported seats in Benelux, comprising 67% of total imports. The second position in the ranking was taken by Belgium ($X), with a 31% share of total imports.

In the Netherlands, seat imports increased at an average annual rate of +10.3% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, stabilizing at the previous year. Overall, the import price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2020 when the import price increased by 3.4% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-0.4%).

Source: IndexBox Platform