MERCOSUR: Seat Market 2025

Seat Market Size in MERCOSUR

In 2021, the MERCOSUR seat market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a slight curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Seat Production in MERCOSUR

In value terms, seat production fell to $X in 2021 estimated in export price. Over the period under review, production recorded a pronounced decline. The growth pace was the most rapid in 2020 when the production volume increased by 0.9% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Seat Exports

Exports in MERCOSUR

Seat exports soared to X tons in 2021, jumping by 23% against the previous year's figure. In general, exports, however, showed a slight curtailment. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, seat exports surged to $X in 2021. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Brazil (X tons) represented the major exporter of seats, mixing up 51% of total exports. Colombia (X tons) took a 21% share (based on physical terms) of total exports, which put it in second place, followed by Peru (19%) and Ecuador (6%). Argentina (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the seats exports, with a CAGR of +5.0% from 2012 to 2021. At the same time, Ecuador (+2.4%) displayed positive paces of growth. Colombia experienced a relatively flat trend pattern. By contrast, Peru (-8.5%) and Argentina (-19.3%) illustrated a downward trend over the same period. Brazil (+23 p.p.), Colombia (+2.8 p.p.) and Ecuador (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while Argentina and Peru saw its share reduced by -8% and -16.7% from 2012 to 2021, respectively.

In value terms, Brazil ($X) remains the largest seat supplier in MERCOSUR, comprising 75% of total exports. The second position in the ranking was taken by Colombia ($X), with a 9.3% share of total exports. It was followed by Peru, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil amounted to +8.3%. In the other countries, the average annual rates were as follows: Colombia (-5.7% per year) and Peru (-0.1% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, growing by 20% against the previous year. Export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, seat export price increased by +84.1% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+9.2%), while the other leaders experienced more modest paces of growth.

Seat Imports

Imports in MERCOSUR

In 2021, supplies from abroad of seats was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, seat imports surged to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons) and Chile (X tons) represented roughly 59% of total imports in 2021. Colombia (X tons) held the next position in the ranking, followed by Peru (X tons) and Argentina (X tons). All these countries together held near 28% share of total imports. The following importers - Uruguay (X tons) and Ecuador (X tons) - each accounted for an 8.3% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +7.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 72% of total imports.

Among the main importing countries, Chile, with a CAGR of +11.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, growing by 39% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform