Portugal: Swivel Seat Market 2024

Swivel Seat Market Size in Portugal

The Portuguese swivel seat market contracted to $X in 2022, with a decrease of -9.9% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Swivel Seat Production in Portugal

In value terms, swivel seat production contracted modestly to $X in 2022 estimated in export price. In general, production, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by 64% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Swivel Seat Exports

Exports from Portugal

Swivel seat exports from Portugal declined to X units in 2022, with a decrease of -6.6% compared with 2021. In general, exports showed a pronounced downturn. The growth pace was the most rapid in 2013 with an increase of 67% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, swivel seat exports fell modestly to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 42% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), Spain (X units) and the UK (X units) were the main destinations of swivel seat exports from Portugal, together comprising 73% of total exports. Angola, Ireland, the Netherlands, Qatar, Cabo Verde, Belgium and Mozambique lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +36.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and Angola ($X) appeared to be the largest markets for swivel seat exported from Portugal worldwide, together comprising 73% of total exports. The UK, Ireland, the Netherlands, Qatar, Cabo Verde, Mozambique and Belgium lagged somewhat behind, together comprising a further 23%.

Among the main countries of destination, Qatar, with a CAGR of +29.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average swivel seat export price amounted to $X per unit, increasing by 2.2% against the previous year. Overall, the export price showed modest growth. The pace of growth was the most pronounced in 2017 an increase of 59%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Imports

Imports into Portugal

In 2022, the amount of swivel seats with variable height adjustments imported into Portugal fell significantly to X units, with a decrease of -15.9% compared with the previous year. Overall, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of X units, and then fell notably in the following year.

In value terms, swivel seat imports reduced rapidly to $X in 2022. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of swivel seat to Portugal, accounting for a 52% share of total imports. Moreover, swivel seat imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), twofold. Germany (X units) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+3.9% per year) and Germany (+0.4% per year).

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to Portugal, comprising 52% of total imports. The second position in the ranking was taken by Spain ($X), with a 23% share of total imports. It was followed by Germany, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+4.4% per year) and Germany (+0.9% per year).

Import Prices by Country

In 2022, the average swivel seat import price amounted to $X per unit, leveling off at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($X per unit) and Italy ($X per unit), while the price for the UK ($X per unit) and the Czech Republic ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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