Brazil: Vehicle Seat Market 2025

Vehicle Seat Market Size in Brazil

The Brazilian vehicle seat market reduced to $X in 2022, which is down by -7.2% against the previous year. In general, consumption, however, saw a resilient increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Vehicle Seat Production in Brazil

In value terms, vehicle seat production reduced to $X in 2022 estimated in export price. In general, production, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of 53%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Vehicle Seat Exports

Exports from Brazil

In 2022, shipments abroad of seats for motor vehicles increased by 73% to X units, rising for the second year in a row after three years of decline. In general, exports, however, recorded a abrupt slump. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, vehicle seat exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by 76% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for vehicle seat exports from Brazil, accounting for a 54% share of total exports. Moreover, vehicle seat exports to Argentina exceeded the volume sent to the second major destination, France (X units), fivefold. Uruguay (X units) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina stood at -19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+19.2% per year) and Uruguay (+8.6% per year).

In value terms, the largest markets for vehicle seat exported from Brazil were Argentina ($X), Paraguay ($X) and Bolivia ($X), with a combined 51% share of total exports. The United States, Colombia, France, Uruguay, Mexico and Venezuela lagged somewhat behind, together comprising a further 24%.

In terms of the main countries of destination, France, with a CAGR of +24.8%, 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

The average vehicle seat export price stood at $X per unit in 2022, reducing by -9.9% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2015 an increase of 63% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Uruguay ($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 Paraguay (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Vehicle Seat Imports

Imports into Brazil

In 2022, vehicle seat imports into Brazil dropped modestly to X units, declining by -4.6% on 2021. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 97%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, vehicle seat imports rose remarkably to $X in 2022. Overall, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 127% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest vehicle seat supplier to Brazil, with a 45% share of total imports. Moreover, vehicle seat imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), threefold. Germany (X units) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+43.4% per year) and Germany (+25.1% per year).

In value terms, China ($X) constituted the largest supplier of seats for motor vehicles to Brazil, comprising 36% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by the United States, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +46.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+28.4% per year) and the United States (+2.2% per year).

Import Prices by Country

The average vehicle seat import price stood at $X per unit in 2022, rising by 20% against the previous year. Overall, the import price enjoyed a resilient increase. The growth pace was the most rapid in 2016 when the average import price increased by 54%. As a result, import price reached the peak level of $X per unit. From 2017 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 United States ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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