Latin America and the Caribbean: Aircraft Seat Market 2020

Aircraft Seat Market Size in Latin America and the Caribbean

The revenue of the aircraft seat market in Latin America and the Caribbean amounted to $X in 2017, coming down by -X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. In that year, the aircraft seat market attained their peak level of $X, and then declined slightly in the following year.

Aircraft Seat Production in Latin America and the Caribbean

In 2017, the amount of seats for aircraft produced in Latin America and the Caribbean totaled X units, coming down by -X% against the previous year. The total output indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the aircraft seat production increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. The volume of aircraft seat production peaked of X units in 2016, and then declined slightly in the following year.

Aircraft Seat Exports in Latin America and the Caribbean

In 2017, the amount of seats for aircraft exported in Latin America and the Caribbean totaled X units, coming up by X% against the previous year. The aircraft seat exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010, when exports increased by X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, aircraft seat exports stood at $X in 2017. The aircraft seat exports continue to indicate a remarkable expansion. Over the period under review, the aircraft seat exports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Aircraft Seat Exports by Country in Latin America and the Caribbean

The exports of the one major exporters of seats for aircraft, namely Mexico, represented more than two-thirds of total export.

Mexico was also the fastest growing in terms of the seats for aircraft exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Mexico decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) also remains the largest aircraft seat supplier in Latin America and the Caribbean.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico totaled +X%.

Aircraft Seat Export Prices by Country in Latin America and the Caribbean

In 2017, the aircraft seat export price in Latin America and the Caribbean amounted to $X per unit, waning by -X% against the previous year. The aircraft seat export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, an increase of X% year-to-year. In that year, the export prices for seats for aircraft reached their peak level of $X per unit, and then declined slightly in the following year.

As there is only one major export destination, the average price level is determined by export prices for Mexico.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (-X% per year).

Aircraft Seat Imports in Latin America and the Caribbean

The imports totaled X units in 2017, lowering by -X% against the previous year. The total imports indicated a slight increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the aircraft seat imports decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. In that year, the aircraft seat imports attained their peak volume of X units. From 2014 to 2017, growth of the aircraft seat imports failed to regain its momentum.

In value terms, aircraft seat imports stood at $X in 2017. The aircraft seat imports continue to indicate a strong increase. Over the period under review, the aircraft seat imports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Aircraft Seat Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X units) was the key importer for seats for aircraft, mixed up X% of total imports. Brazil (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Argentina (X%). Colombia (X units) held the minor share of total imports.

Mexico experienced a relatively flat trend pattern of seats for aircraft imports. At the same time, Brazil (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Colombia experienced a relatively flat trend pattern. While the share of Argentina (-X%), Mexico (-X%) and Brazil (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported seats for aircraft in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Mexico stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Argentina (+X% per year).

Aircraft Seat Import Prices by Country in Latin America and the Caribbean

In 2017, the aircraft seat import price in Latin America and the Caribbean amounted to $X per thousand units, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for seats for aircraft reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Brazil ($X per thousand units), while Colombia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform