Report Update Nov 1, 2024

Philippines - Swivel Seats With Variable Height Adjustments - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Swivel Seat Market 2024

Swivel Seat Market Size in the Philippines

The Philippine swivel seat market declined significantly to $X in 2022, which is down by -20% 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). Overall, consumption, however, enjoyed prominent growth. Swivel seat consumption peaked at $X in 2021, and then fell rapidly in the following year.

Swivel Seat Exports

Exports from the Philippines

For the third year in a row, the Philippines recorded decline in shipments abroad of swivel seats with variable height adjustments, which decreased by -87.1% to X units in 2022. In general, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2016 with an increase of 458% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, swivel seat exports declined dramatically to $X in 2022. Overall, exports showed a sharp shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 864% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for swivel seat exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to -18.5%.

In value terms, the United States ($X) also remains the key foreign market for swivel seats with variable height adjustments exports from the Philippines.

From 2012 to 2022, the average annual growth rate of value to the United States stood at -14.9%.

Export Prices by Country

The average swivel seat export price stood at $X per unit in 2022, surging by 39% against the previous year. In general, the export price saw noticeable growth. The growth pace was the most rapid in 2016 when the average export price increased by 73%. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +14.8% per year.

Swivel Seat Imports

Imports into the Philippines

In 2022, the amount of swivel seats with variable height adjustments imported into the Philippines declined sharply to X units, waning by -27.4% on 2021. Overall, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 144%. Imports peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, swivel seat imports fell to $X in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by 72% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of swivel seat to the Philippines, accounting for a 90% share of total imports. It was followed by Japan (X units), with a 1.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +16.0%.

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to the Philippines, comprising 81% of total imports. The second position in the ranking was taken by Japan ($X), with a 1.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +20.1%.

Import Prices by Country

In 2022, the average swivel seat import price amounted to $X per unit, surging by 19% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average import price increased by 62% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Japan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for swivel seats with variable height adjustments in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together comprising 42% of global consumption. Japan, the UK, Russia, Mexico, Poland, Canada, Spain, France, Thailand and Saudi Arabia lagged somewhat behind, together comprising a further 32%.

What are the largest producers of swivel seats with variable height adjustments in the world?

China remains the largest swivel seat producing country worldwide, accounting for 66% of total volume. Moreover, swivel seat production in China exceeded the figures recorded by the second-largest producer, Russia, more than tenfold. Germany ranked third in terms of total production with a 3.4% share.

What are the leading suppliers of swivel seats with variable height adjustments to the Philippines?

In value terms, China constituted the largest supplier of swivel seat to the Philippines.

What is the average export price for swivel seats with variable height adjustments in the Philippines?

In 2021, the average swivel seat export price amounted to $6.1 per unit, shrinking by -93.1% against the previous year.

What is the average import price for swivel seats with variable height adjustments in the Philippines?

In 2021, the average swivel seat import price amounted to $34 per unit, shrinking by -6.6% against the previous year.

This report provides an in-depth analysis of the swivel seat market in the Philippines. 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 31001150 - Swivel seats with variable height adjustments (excluding medical, surgical, dental or veterinary, and barbers

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023