Northern America: Swivel Seat Market 2024

Swivel Seat Market Size in Northern America

After two years of growth, the North American swivel seat market decreased by -4.3% to $X in 2022. The market value increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then contracted slightly in the following year.

Swivel Seat Production in Northern America

In value terms, swivel seat production declined notably to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced decrease. The growth pace was the most rapid in 2016 when the production volume increased by 125%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Swivel Seat Exports

Exports in Northern America

In 2022, shipments abroad of swivel seats with variable height adjustments decreased by -10.4% to X units, falling for the second year in a row after four years of growth. Overall, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2019 when exports increased by 16% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, swivel seat exports shrank to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 11% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the United States (X units), followed by Canada (X units) were the major exporters of swivel seats with variable height adjustments, together creating 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of -1.4%).

In value terms, the United States ($X) and Canada ($X) constituted the countries with the highest levels of exports in 2022.

The United States, with a CAGR of +0.4%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, rising by 6.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 when the export price increased by 15%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%).

Swivel Seat Imports

Imports in Northern America

In 2022, after five years of growth, there was decline in purchases abroad of swivel seats with variable height adjustments, when their volume decreased by -2.1% to X units. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.9% against 2012 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year. The volume of import peaked at X units in 2021, and then declined slightly in the following year.

In value terms, swivel seat imports fell slightly to $X in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 10% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped modestly in the following year.

Imports by Country

The United States dominates imports structure, resulting at X units, which was approx. 92% of total imports in 2022. It was distantly followed by Canada (X units), committing an 8.2% share of total imports.

The United States was also the fastest-growing in terms of the swivel seats with variable height adjustments imports, with a CAGR of +6.7% from 2012 to 2022. At the same time, Canada (+4.3%) displayed positive paces of growth. While the share of the United States (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-1.9 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported swivel seats with variable height adjustments in Northern America, comprising 87% of total imports. The second position in the ranking was held by Canada ($X), with a 13% share of total imports.

In the United States, swivel seat imports expanded at an average annual rate of +4.0% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, shrinking by -2.3% against the previous year. Overall, the import price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2018 when the import price increased by 5.8%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-0.0%).

Source: IndexBox Platform

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