Malta: Seat Market 2020

Seat Market Size in Malta

The revenue of the seat market in Malta amounted to $X in 2018, surging by X% 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, the total market indicated a measured increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, seat consumption increased by +X% against 2013 indices. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. Malta seat consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Seat Exports

Exports from Malta

Seat exports from Malta stood at X units in 2018, surging by X% against the previous year. In general, seat exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Malta exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, seat exports stood at $X in 2018. Over the period under review, seat exports continue to indicate a mild expansion. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. In that year, seat exports attained their peak of $X. From 2012 to 2018, the growth of seat exports remained at a somewhat lower figure.

Exports by Country

China prevails in seat exports structure, reaching X units, which was approx. X% of total exports in 2018. It was distantly followed by Poland (X units), mixing up a X% share of total exports. Italy (X units), Vietnam (X units), the Netherlands (X units) and Germany (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Poland (+X%), Vietnam (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) and Poland (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest seat supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Poland ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled +X%. In the other countries, the average annual rates were as follows: Poland (+X% per year) and Italy (-X% per year).

Export Prices by Country

The seat export price in Malta stood at $X per unit in 2018, coming down by -X% against the previous year. In general, the seat export price continues to indicate a significant deduction. The growth pace was the most rapid in 2011 an increase of X% against the previous year. In that year, the export prices for seats reached their peak level of $X per unit. From 2012 to 2018, the growth in terms of the export prices for seats failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam, while the other leaders experienced more modest paces of growth.

Seat Imports

Imports into Malta

In 2018, the amount of seats imported into Malta amounted to X units, jumping by X% against the previous year. Overall, seat imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Malta imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, seat imports totaled $X in 2018. Over the period under review, seat imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, seat imports reached their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. was the main importing country with an import of around X units, which resulted at X% of total imports. Germany (X units) held the second position in the ranking, followed by the UK (X units), France (X units) and the Netherlands (X units). All these countries together took near X% share of total imports. Japan (X units), South Korea (X units), Australia (X units), Italy (X units), Belgium (X units), Canada (X units) and Poland (X units) held a minor share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Poland (+X%), South Korea (+X%), the Netherlands (+X%), Germany (+X%), Australia (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy, France and the UK experienced a relatively flat trend pattern. By contrast, Belgium (-X%) and Canada (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), Germany (+X p.p.), South Korea (+X p.p.) and the Netherlands (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported seats into Malta, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The seat import price in Malta stood at $X per unit in 2018, declining by -X% against the previous year. In general, the seat import price continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, the import prices for seats reached their maximum at $X per unit in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform