Report Update Jan 1, 2025

Singapore - Seats for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Vehicle Seat Market 2025

Vehicle Seat Market Size in Singapore

The Singaporean vehicle seat market fell slightly to $X in 2022, waning by -2.8% against the previous year. In general, consumption, however, showed a prominent expansion. Vehicle seat consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Vehicle Seat Production in Singapore

In value terms, vehicle seat production reduced to $X in 2022 estimated in export price. Overall, production, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 73%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Vehicle Seat Exports

Exports from Singapore

In 2022, shipments abroad of seats for motor vehicles decreased by -20.9% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, posted moderate growth. The most prominent rate of growth was recorded in 2018 with an increase of 115%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, vehicle seat exports fell sharply to $X in 2022. Overall, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by 76% against the previous year. The exports peaked at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

India (X units), the United States (X units) and Indonesia (X units) were the main destinations of vehicle seat exports from Singapore, together accounting for 59% of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +49.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vehicle seat exported from Singapore were Indonesia ($X), India ($X) and Australia ($X), together comprising 51% of total exports.

India, with a CAGR of +47.7%, saw the highest growth rate of the value of exports, among the main countries of destination 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 vehicle seat export price amounted to $X per unit, shrinking by -15.1% against the previous year. Overall, the export price, however, continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2017 an increase of 98% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Myanmar ($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 Australia (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Vehicle Seat Imports

Imports into Singapore

After seven years of decline, supplies from abroad of seats for motor vehicles increased by 20% to X units in 2022. In general, imports, however, continue to indicate a abrupt decline. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, vehicle seat imports surged to $X in 2022. Over the period under review, imports, however, showed a slight decrease. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), the United States (X units) and Malaysia (X units) were the main suppliers of vehicle seat imports to Singapore, together comprising 78% of total imports. Thailand, Australia, Germany and Turkey lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +22.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Thailand ($X) constituted the largest vehicle seat suppliers to Singapore, with a combined 65% share of total imports.

Thailand, with a CAGR of +33.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vehicle seat import price stood at $X per unit in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for seats for motor vehicles in the world?

China remains the largest vehicle seat consuming country worldwide, comprising approx. 19% of total volume. Moreover, vehicle seat consumption in China exceeded the figures recorded by the second-largest consumer, Germany, threefold. The third position in this ranking was occupied by India, with a 7.6% share.

What are the largest producers of seats for motor vehicles in the world?

China remains the largest vehicle seat producing country worldwide, comprising approx. 20% of total volume. Moreover, vehicle seat production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. India ranked third in terms of total production with a 7.7% share.

What are the leading suppliers of seats for motor vehicles to Singapore?

In value terms, the largest vehicle seat suppliers to Singapore were Malaysia, China and Thailand, together comprising 54% of total imports.

What are the leading importers of seats for motor vehicles from Singapore?

In value terms, the largest markets for vehicle seat exported from Singapore were Malaysia, Indonesia and India, with a combined 49% share of total exports. These countries were followed by Thailand, Australia, the United States, New Zealand, Hong Kong SAR, Belgium, Mongolia, South Africa and Japan, which together accounted for a further 44%.

What is the average export price for seats for motor vehicles in Singapore?

The average vehicle seat export price stood at $221 per unit in 2021, surging by 4.1% against the previous year.

What is the average import price for seats for motor vehicles in Singapore?

In 2021, the average vehicle seat import price amounted to $305 per unit, with an increase of 3.1% against the previous year.

This report provides an in-depth analysis of the vehicle seat market in Singapore. 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 29321000 - Seats for motor vehicles

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024