Pakistan: Seat Market 2025

Seat Market Size in Pakistan

After four years of growth, the Pakistani seat market decreased by -1.2% to $X in 2021. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +94.0% against 2016 indices. Seat consumption peaked at $X in 2020, and then contracted slightly in the following year.

Seat Production in Pakistan

In value terms, seat production reduced to $X in 2021 estimated in export price. In general, the total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +93.8% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 37%. Over the period under review, production attained the maximum level at $X in 2020, and then declined in the following year.

Seat Exports

Exports from Pakistan

In 2021, overseas shipments of seats increased by 45% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of 66%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, seat exports dropped slightly to $X in 2021. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by 68% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons), France (X tons) and Germany (X tons) were the main destinations of seat exports from Pakistan, together accounting for 56% of total exports. Belgium, Mexico, Denmark, Australia, Spain, the United States, Hungary, Sweden, the Netherlands and Saudi Arabia lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +13.6%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for seats exports from Pakistan, comprising 34% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 16% share of total exports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to -5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+6.9% per year) and Germany (-21.1% per year).

Export Prices by Country

The average seat export price stood at $X per ton in 2021, waning by -32.6% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 53% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+28.9%), while the prices for the other major destinations experienced a decline.

Seat Imports

Imports into Pakistan

After two years of decline, overseas purchases of seats increased by 56% to X tons in 2021. Overall, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by 62% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, seat imports soared to $X in 2021. Over the period under review, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 65% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest seat supplier to Pakistan, with a 72% share of total imports. It was followed by Turkey (X tons), with a 1.8% share of total imports. The third position in this ranking was taken by South Korea (X tons), with a 1.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+24.6% per year) and South Korea (-0.3% per year).

In value terms, China ($X) constituted the largest supplier of seats to Pakistan, comprising 78% of total imports. The second position in the ranking was taken by Turkey ($X), with a 4.2% share of total imports. It was followed by Malaysia, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+18.8% per year) and Malaysia (-1.3% per year).

Import Prices by Country

In 2021, the average seat import price amounted to $X per ton, waning by -11% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 69%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :