Germany: Vehicle Seat Market 2024

Vehicle Seat Market Size in Germany

The German vehicle seat market expanded significantly to $X in 2022, growing by 5.5% against the previous year. In general, consumption enjoyed buoyant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Vehicle Seat Production in Germany

In value terms, vehicle seat production fell to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2016 when the production volume increased by 3%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Vehicle Seat Exports

Exports from Germany

In 2022, the amount of seats for motor vehicles exported from Germany contracted markedly to X units, reducing by -40.3% against the previous year. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vehicle seat exports expanded markedly to $X in 2022. In general, exports saw a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

France (X units), Belgium (X units) and Italy (X units) were the main destinations of vehicle seat exports from Germany, with a combined 38% share of total exports. Austria, the UK, India, Brazil, the United States, Japan, Thailand, Malaysia, Finland and the Czech Republic lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +56.6%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Italy ($X) were the largest markets for vehicle seat exported from Germany worldwide, with a combined 38% share of total exports. Austria, the UK, India, Brazil, the United States, Japan, Thailand, Malaysia, Finland and the Czech Republic lagged somewhat behind, together accounting for a further 42%.

Thailand, with a CAGR of +75.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average vehicle seat export price amounted to $X per unit, increasing by 84% against the previous year. In general, the export price showed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($X per unit) and Italy ($X per unit), while the average price for exports to Thailand ($X per unit) and Finland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Vehicle Seat Imports

Imports into Germany

In 2022, overseas purchases of seats for motor vehicles were finally on the rise to reach X units after two years of decline. Overall, total imports indicated a temperate expansion from 2012 to 2022: its volume 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vehicle seat imports surged to $X in 2022. The total import value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest supplier of vehicle seat to Germany, accounting for a 40% share of total imports. Moreover, vehicle seat imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. The third position in this ranking was taken by France (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic amounted to +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+29.0% per year) and France (-4.8% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of seats for motor vehicles to Germany, comprising 40% of total imports. The second position in the ranking was taken by Poland ($X), with a 13% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+26.2% per year) and France (-6.8% per year).

Import Prices by Country

In 2022, the average vehicle seat import price amounted to $X per unit, reducing by -18.3% against the previous year. Over the period under review, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 26% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Romania ($X per unit) and Austria ($X per unit), while the price for India ($X per unit) and the Czech Republic ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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