Europe: Swivel Seat Market 2024

Swivel Seat Market Size in Europe

The Europe swivel seat market declined to $X in 2022, reducing by -12.3% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +38.9% against 2016 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Swivel Seat Production in Europe

In value terms, swivel seat production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when the production volume increased by 31% against the previous year. As a result, production reached the peak level of $X, and then fell slightly in the following year.

Swivel Seat Exports

Exports in Europe

In 2022, the amount of swivel seats with variable height adjustments exported in Europe fell to X units, waning by -11.9% compared with 2021. The total export volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of X units, and then dropped in the following year.

In value terms, swivel seat exports fell to $X in 2022. Total exports indicated a noticeable increase 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, exports increased by +46.7% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

In 2022, Germany (X units), distantly followed by Poland (X units), France (X units), Sweden (X units), Italy (X units) and the Netherlands (X units) represented the main exporters of swivel seats with variable height adjustments, together making up 77% of total exports. The following exporters - Spain (X units), Belgium (X units), the UK (X units), the Czech Republic (X units), Norway (X units), Lithuania (X units) and Denmark (X units) - together made up 17% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +14.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest swivel seat supplier in Europe, comprising 28% of total exports. The second position in the ranking was held by Poland ($X), with an 11% share of total exports. It was followed by Sweden, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at +2.5%. In the other countries, the average annual rates were as follows: Poland (+9.2% per year) and Sweden (+1.2% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2016 when the export price increased by 24%. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 the UK ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.5%), while the other leaders experienced more modest paces of growth.

Swivel Seat Imports

Imports in Europe

In 2022, purchases abroad of swivel seats with variable height adjustments decreased by -23.4% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 59%. As a result, imports attained the peak of X units, and then reduced rapidly in the following year.

In value terms, swivel seat imports dropped sharply to $X in 2022. In general, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. As a result, imports reached the peak of $X, and then shrank dramatically in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), the UK (X units), France (X units), Poland (X units), Russia (X units) and Italy (X units) represented the main importers of swivel seats with variable height adjustments, together achieving 77% of total imports. Sweden (X units), Belgium (X units), Denmark (X units) and Switzerland (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +28.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest swivel seat importing markets in Europe were Germany ($X), the UK ($X) and the Netherlands ($X), together accounting for 38% of total imports. France, Poland, Russia, Belgium, Italy, Sweden, Switzerland and Denmark lagged somewhat behind, together accounting for a further 38%.

Poland, with a CAGR of +15.8%, saw the highest growth rate of the value of imports, among the main importing countries 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 Europe stood at $X per unit in 2022, growing by 6.6% against the previous year. Overall, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

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 Switzerland ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform