Ethiopia: Vehicle Seat Market 2025

Vehicle Seat Market Size in Ethiopia

The Ethiopian vehicle seat market expanded remarkably to $X in 2022, rising by 5.5% against the previous year. Overall, consumption, however, saw a prominent expansion. Vehicle seat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Vehicle Seat Production in Ethiopia

In value terms, vehicle seat production rose sharply to $X in 2022 estimated in export price. In general, production, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 83%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Vehicle Seat Exports

Exports from Ethiopia

In 2021, after three years of growth, there was significant decline in shipments abroad of seats for motor vehicles, when their volume decreased by -72.7% to X units. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 267%. As a result, the exports reached the peak of X units, and then reduced dramatically in the following year.

In value terms, vehicle seat exports fell notably to $X in 2021. Overall, exports showed a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 782% against the previous year. As a result, the exports attained the peak of $X, and then declined markedly in the following year.

Exports by Country

Zimbabwe (X units), Senegal (X units) and Kenya (X units) were the main destinations of vehicle seat exports from Ethiopia.

From 2012 to 2021, the biggest increases were recorded for Kenya (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for vehicle seat exported from Ethiopia were Kenya ($X), Zimbabwe ($X) and Senegal ($X).

Kenya, with a CAGR of -11.7%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average vehicle seat export price amounted to $X per unit, waning by -81.4% against the previous year. Over the period under review, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 140% against the previous year. As a result, the export price reached the peak level of $X per unit, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($X per unit), while the average price for exports to Senegal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (-11.7%), while the prices for the other major destinations experienced a decline.

Vehicle Seat Imports

Imports into Ethiopia

Vehicle seat imports into Ethiopia shrank rapidly to X units in 2022, declining by -26.9% compared with the previous year. In general, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 117% against the previous year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, vehicle seat imports dropped to $X in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 260% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), China (X units) and Germany (X units) were the main suppliers of vehicle seat imports to Ethiopia, together comprising 42% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +44.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and China ($X) appeared to be the largest vehicle seat suppliers to Ethiopia, together comprising 38% of total imports. Italy, Brazil, Japan, France, Belgium, India and Sweden lagged somewhat behind, together accounting for a further 32%.

Italy, with a CAGR of +88.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vehicle seat import price amounted to $X per unit, jumping by 26% against the previous year. Over the period under review, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 66% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform