Myanmar - Seats for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMyanmar: Vehicle Seat Market 2025
Vehicle Seat Market Size in Myanmar
In 2022, the Myanmar's vehicle seat market decreased by 0% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, recorded a buoyant expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.
Vehicle Seat Production in Myanmar
In value terms, vehicle seat production dropped to $X in 2022 estimated in export price. Overall, production, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by 124%. Vehicle seat production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.
Vehicle Seat Exports
Exports from Myanmar
Vehicle seat exports from Myanmar amounted to X units in 2022, almost unchanged from the previous year. In general, exports posted significant growth. The growth pace was the most rapid in 2015 when exports increased by 735,667%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, vehicle seat exports stood at $X in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 2,449,917%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
The United States (X units) was the main destination for vehicle seat exports from Myanmar, accounting for a 72% share of total exports. Moreover, vehicle seat exports to the United States exceeded the volume sent to the second major destination, China (X units), threefold.
From 2014 to 2022, the average annual growth rate of volume to the United States amounted to +227.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+185.0% per year) and Italy (+116.9% per year).
From 2014 to 2022, the average annual growth rate of value to the United States totaled +272.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+123.9% per year) and Italy (+211.2% per year).
Export Prices by Country
In 2022, the average vehicle seat export price amounted to $X per unit, approximately mirroring the previous year. Over the period under review, the export price enjoyed a notable increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 233%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+43.5%), while the prices for the other major destinations experienced more modest paces of growth.
Vehicle Seat Imports
Imports into Myanmar
After three years of decline, purchases abroad of seats for motor vehicles increased by 150% to X units in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 874% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.
In value terms, vehicle seat imports dropped markedly to $X in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 1,555% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, China (X units) was the main supplier of vehicle seat to Myanmar, accounting for a 91% share of total imports. Moreover, vehicle seat imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), tenfold.
From 2012 to 2022, the average annual growth rate of volume from China amounted to +40.1%.
In value terms, China ($X) constituted the largest supplier of seats for motor vehicles to Myanmar, comprising 73% of total imports. The second position in the ranking was taken by Thailand ($X), with a 27% share of total imports.
From 2012 to 2022, the average annual growth rate of value from China totaled +32.0%.
Import Prices by Country
The average vehicle seat import price stood at $X per unit in 2022, reducing by -84.6% against the previous year. Overall, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 265% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for China stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.8%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the vehicle seat market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29321000 - Seats for motor vehicles
Country coverage:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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