Israel: Seat Market 2025

Seat Market Size in Israel

The Israeli seat market skyrocketed to $X in 2021, surging by 18% 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). Over the period under review, consumption showed a temperate expansion. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Seat Exports

Exports from Israel

In 2021, shipments abroad of seats increased by 84% to X tons, rising for the second year in a row after two years of decline. Overall, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 219% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, seat exports surged to $X in 2021. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 115% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X tons), the UK (X tons) and Germany (X tons) were the main destinations of seat exports from Israel, with a combined 31% share of total exports. Slovenia, Italy, Switzerland, Spain, France, Belgium, Australia and Canada lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +65.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for seats exports from Israel, comprising 40% of total exports. The second position in the ranking was taken by the UK ($X), with a 12% share of total exports. It was followed by Germany, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+24.7% per year) and Germany (+4.8% per year).

Export Prices by Country

In 2021, the average seat export price amounted to $X per ton, waning by -8.7% against the previous year. In general, the export price, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 54%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 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 Australia ($X per ton), while the average price for exports to Spain ($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 Australia (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Seat Imports

Imports into Israel

Seat imports into Israel skyrocketed to X tons in 2021, increasing by 34% compared with the previous year. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by 144%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, seat imports skyrocketed to $X in 2021. In general, imports continue to indicate buoyant growth. As a result, imports reached 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 Israel, 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), sixfold. Turkey (X tons) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.5% per year) and Turkey (+12.8% per year).

In value terms, China ($X) constituted the largest supplier of seats to Israel, comprising 52% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by Turkey, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.2% per year) and Turkey (+17.5% per year).

Import Prices by Country

In 2021, the average seat import price amounted to $X per ton, increasing by 8.4% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, seat import price increased by +224.6% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 156%. The import price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Romania ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cyprus (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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