Romania: Swivel Seat Market 2024

Swivel Seat Market Size in Romania

The Romanian swivel seat market dropped significantly to less than $X in 2022, reducing by 99.9% against the previous year. Overall, consumption, however, posted a prominent expansion. Over the period under review, the market attained the peak level at $X in 2021, and then declined rapidly in the following year.

Swivel Seat Production in Romania

In value terms, swivel seat production fell modestly to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 332%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Swivel Seat Exports

Exports from Romania

In 2022, after three years of growth, there was decline in overseas shipments of swivel seats with variable height adjustments, when their volume decreased by -3.6% to X units. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 500%. The exports peaked at X units in 2021, and then reduced in the following year.

In value terms, swivel seat exports shrank to $X in 2022. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2014 with an increase of 194% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Moldova (X units) was the main destination for swivel seat exports from Romania, accounting for a 89% share of total exports. Moreover, swivel seat exports to Moldova exceeded the volume sent to the second major destination, Ukraine (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova totaled +57.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+21.9% per year) and Georgia (+80.4% per year).

In value terms, Moldova ($X) emerged as the key foreign market for swivel seats with variable height adjustments exports from Romania, comprising 92% of total exports. The second position in the ranking was held by Ukraine ($X), with a 4.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Moldova stood at +54.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+15.5% per year) and Georgia (+34.3% per year).

Export Prices by Country

In 2022, the average swivel seat export price amounted to $X per unit, declining by -10.8% against the previous year. Over the period under review, the export price saw a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 59%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat 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 Moldova ($X per unit), while the average price for exports to Georgia ($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 Moldova (-1.9%), while the prices for the other major destinations experienced a decline.

Swivel Seat Imports

Imports into Romania

Swivel seat imports into Romania surged to X units in 2021, increasing by 56% against the previous year. Over the period under review, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, swivel seat imports surged to $X in 2021. In general, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest swivel seat supplier to Romania, with a 60% share of total imports. Moreover, swivel seat imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. The third position in this ranking was held by Poland (X units), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.1% per year) and Poland (+12.5% per year).

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to Romania, comprising 60% of total imports. The second position in the ranking was taken by Germany ($X), with an 8.6% share of total imports. It was followed by Poland, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.7% per year) and Poland (+12.0% per year).

Import Prices by Country

In 2021, the average swivel seat import price amounted to $X per unit, with an increase of 2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 25% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Austria ($X per unit) and Poland ($X per unit), while the price for Germany ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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