Iran: Swivel Seat Market 2024

Swivel Seat Market Size in Iran

The Iranian swivel seat market fell sharply to $X in 2022, shrinking by -35.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a abrupt decline. Swivel seat consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Swivel Seat Exports

Exports from Iran

In 2022, the amount of swivel seats with variable height adjustments exported from Iran dropped significantly to X units, falling by -26.2% on the previous year's figure. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 467% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, swivel seat exports contracted remarkably to $X in 2022. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 541% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Iraq (X units), Kyrgyzstan (X units) and Uzbekistan (X units) were the main destinations of swivel seat exports from Iran, together comprising 80% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +84.4%), while the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X) remains the key foreign market for swivel seats with variable height adjustments exports from Iran, comprising 69% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 16% share of total exports. It was followed by Oman, with a 4.6% share.

From 2012 to 2022, the average annual growth rate of value to Iraq totaled +71.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+45.6% per year) and Oman (+9.5% per year).

Export Prices by Country

In 2022, the average swivel seat export price amounted to $X per unit, picking up by 4.6% against the previous year. Overall, the export price, however, saw a abrupt slump. The growth pace was the most rapid in 2016 when the average export price increased by 75%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (-2.6%), while the prices for the other major destinations experienced a decline.

Swivel Seat Imports

Imports into Iran

In 2022, swivel seat imports into Iran contracted dramatically to X units, with a decrease of -35.9% on 2021 figures. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 254%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, swivel seat imports dropped markedly to $X in 2022. Over the period under review, imports saw a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 233%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of swivel seat to Iran, with a 87% share of total imports. Moreover, swivel seat imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled -17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+18.0% per year) and Malaysia (-3.7% per year).

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to Iran, comprising 90% of total imports. The second position in the ranking was held by Malaysia ($X), with a 1.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to -10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-10.7% per year) and Hong Kong SAR (+26.9% per year).

Import Prices by Country

In 2022, the average swivel seat import price amounted to $X per unit, increasing by 2.4% against the previous year. Over the period under review, the import price showed resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 111% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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