Italy: Swivel Seat Market 2024

Swivel Seat Market Size in Italy

In 2022, the Italian swivel seat market was finally on the rise to reach $X after three years of decline. In general, consumption, however, saw a pronounced slump. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Swivel Seat Production in Italy

In value terms, swivel seat production rose notably to $X in 2022 estimated in export price. In general, production, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by 58%. Swivel seat production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Swivel Seat Exports

Exports from Italy

Swivel seat exports from Italy contracted to X units in 2022, waning by -9.5% on the previous year. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 78% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, swivel seat exports fell to $X in 2022. The total export value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 19%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

France (X units) was the main destination for swivel seat exports from Italy, accounting for a 20% share of total exports. Moreover, swivel seat exports to France exceeded the volume sent to the second major destination, Germany (X units), threefold. Switzerland (X units) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.5% per year) and Switzerland (+11.0% per year).

In value terms, France ($X) remains the key foreign market for swivel seats with variable height adjustments exports from Italy, comprising 22% of total exports. The second position in the ranking was held by Germany ($X), with a 6.8% share of total exports. It was followed by the United States, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.7% per year) and the United States (+19.5% per year).

Export Prices by Country

In 2022, the average swivel seat export price amounted to $X per unit, growing by 1.6% against the previous year. Overall, the export price recorded mild growth. The growth pace was the most rapid in 2017 when the average export price increased by 65%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Switzerland ($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 the United States (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Imports

Imports into Italy

In 2022, after three years of growth, there was significant decline in purchases abroad of swivel seats with variable height adjustments, when their volume decreased by -20.6% to X units. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. As a result, imports reached the peak of X units, and then fell sharply in the following year.

In value terms, swivel seat imports fell rapidly to $X in 2022. Overall, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 58%. As a result, imports attained the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest swivel seat supplier to Italy, accounting for a 56% share of total imports. Moreover, swivel seat imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.6% per year) and the Netherlands (+68.9% per year).

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to Italy, comprising 56% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by the Netherlands, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.9% per year) and the Netherlands (+60.1% per year).

Import Prices by Country

The average swivel seat import price stood at $X per unit in 2022, with an increase of 2.9% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2018 an increase of 33%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 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 highest price was recorded for prices from China ($X per unit) and Germany ($X per unit), while the price for the UK ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-5.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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