France: Seat Market 2024

Seat Market Size in France

In 2021, the French seat market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Seat consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Seat Production in France

In value terms, seat production dropped remarkably to $X in 2021 estimated in export price. In general, production, however, recorded a sharp curtailment. The growth pace was the most rapid in 2017 with an increase of 10% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Seat Exports

Exports from France

In 2021, exports of seats from France rose to X tons, with an increase of 3.5% compared with the previous year. Over the period under review, total exports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +3.3% 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 +16.0% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 37% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, seat exports rose to $X in 2021. In general, exports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 10% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), the UK (X tons) and Belgium (X tons) were the main destinations of seat exports from France, with a combined 14% share of total exports. These countries were followed by Spain, Italy, Switzerland, the Netherlands, the United States, Portugal, China, Poland and Austria, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +17.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for seats exports from France, comprising 21% of total exports. The second position in the ranking was held by Switzerland ($X), with an 8.8% share of total exports. It was followed by the UK, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+2.7% per year) and the UK (+0.0% per year).

Export Prices by Country

The average seat export price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 67% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Seat Imports

Imports into France

Seat imports into France surged to X tons in 2021, increasing by 28% compared with the year before. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some 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.

In value terms, seat imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest seat supplier to France, accounting for a 38% share of total imports. Moreover, seat imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The third position in this ranking was held by Belgium (X tons), with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.4% per year) and Belgium (+22.6% per year).

In value terms, China ($X) constituted the largest supplier of seats to France, comprising 33% of total imports. The second position in the ranking was held by Italy ($X), with a 16% share of total imports. It was followed by Poland, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.6% per year) and Poland (+4.5% per year).

Import Prices by Country

In 2021, the average seat import price amounted to $X per ton, growing by 7.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 8.5%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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