Canada: Seat Market 2025

Seat Market Size in Canada

For the tenth year in a row, the Canadian seat market recorded growth in sales value, which increased by 9.9% to $X in 2021. Overall, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +88.0% against 2012 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Seat Production in Canada

In value terms, seat production fell to $X in 2021 estimated in export price. Over the period under review, production, however, showed resilient growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 72% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then fell in the following year.

Seat Exports

Exports from Canada

Seat exports from Canada rose rapidly to X tons in 2021, surging by 6% compared with 2020 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 31% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, seat exports totaled $X in 2021. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for seat exports from Canada, accounting for a approx. 50% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -2.7%.

In value terms, the United States ($X) also remains the key foreign market for seats exports from Canada.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +1.8%.

Export Prices by Country

In 2021, the average seat export price amounted to $X per ton, picking up by 6.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2015 an increase of 29%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +4.7% per year.

Seat Imports

Imports into Canada

Seat imports into Canada skyrocketed to X tons in 2021, increasing by 25% on the previous year. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, seat imports surged to $X in 2021. The total import value increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of seat to Canada, with a 48% share of total imports. Moreover, seat imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. Vietnam (X tons) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.8% per year) and Vietnam (+15.3% per year).

In value terms, China ($X) constituted the largest supplier of seats to Canada, comprising 54% of total imports. The second position in the ranking was taken by the United States ($X), with a 22% share of total imports. It was followed by Vietnam, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.7% per year) and Vietnam (+16.7% per year).

Import Prices by Country

In 2021, the average seat import price amounted to $X per ton, rising by 1.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 5.1% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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