Germany: Seat Market 2024

Seat Market Size in Germany

For the third year in a row, the German seat market recorded growth in sales value, which increased by 9.4% to $X in 2021. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Seat consumption peaked in 2021 and is likely to see gradual growth in years to come.

Seat Production in Germany

In value terms, seat production contracted rapidly to $X in 2021 estimated in export price. In general, production showed a deep slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 2.8% against the previous year. Seat production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Seat Exports

Exports from Germany

In 2021, overseas shipments of seats increased by 23% to X tons, rising for the third year in a row after two years of decline. Overall, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +35.9% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, seat exports surged to $X in 2021. The total export value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Austria (X tons), France (X tons) and Switzerland (X tons) were the main destinations of seat exports from Germany, together accounting for 26% of total exports. These countries were followed by the Netherlands, Italy, the UK, Poland, the Czech Republic, Spain, Belgium, the United States, Sweden and Russia, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +14.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for seat exported from Germany were France ($X), Switzerland ($X) and Austria ($X), with a combined 39% share of total exports. These countries were followed by the Netherlands, Belgium, Italy, the UK, Poland, Spain, the United States, the Czech Republic, Sweden and Russia, which together accounted for a further 40%.

In terms of the main countries of destination, Spain, with a CAGR of +9.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average seat export price stood at $X per ton in 2021, which is down by -3.3% against the previous year. In general, the export price showed a perceptible decline. The most prominent rate of growth was recorded in 2018 an increase of 26% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the Czech Republic ($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 Belgium (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Seat Imports

Imports into Germany

Seat imports into Germany skyrocketed to X tons in 2021, picking up by 33% on the previous year's figure. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +84.3% against 2013 indices. As a result, imports attained 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 +5.3% 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 attained 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 Germany, accounting for a 36% share of total imports. Moreover, seat imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+5.0% per year) and the Netherlands (+17.2% per year).

In value terms, Poland ($X), China ($X) and the Netherlands ($X) were the largest seat suppliers to Germany, with a combined 64% share of total imports.

The Netherlands, with a CAGR of +17.7%, 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 2021, the average seat import price amounted to $X per ton, falling by -2.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 8.9% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 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 Poland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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