Report Update Jan 1, 2025

Singapore - Seats - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Seat Market 2025

Seat Market Size in Singapore

The Singaporean seat market soared to $X in 2021, with an increase of 35% 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). In general, consumption, however, saw a perceptible decrease. Seat consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Seat Exports

Exports from Singapore

In 2021, exports of seats from Singapore soared to X tons, growing by 26% against 2020 figures. Overall, exports, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 35%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, seat exports declined significantly to $X in 2021. In general, exports, however, showed a mild downturn. The most prominent rate of growth was recorded in 2018 with an increase of 53%. Over the period under review, the exports reached the peak figure at $X in 2020, and then dropped remarkably in the following year.

Exports by Country

Indonesia (X tons), Japan (X tons) and Malaysia (X tons) were the main destinations of seat exports from Singapore, together accounting for 27% of total exports. Australia, Qatar, the United States, Thailand, New Zealand, Hong Kong SAR, France, Myanmar and China lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +54.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Indonesia ($X) and Malaysia ($X) appeared to be the largest markets for seat exported from Singapore worldwide, with a combined 36% share of total exports. Australia, the United States, Qatar, Thailand, Hong Kong SAR, China, New Zealand, France and Myanmar lagged somewhat behind, together comprising a further 25%.

In terms of the main countries of destination, Qatar, with a CAGR of +40.5%, recorded the highest growth rate of 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 2021, the average seat export price amounted to $X per ton, reducing by -46.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 93%. As a result, the export price attained the peak level of $X per ton, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to New Zealand ($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 China (+7.0%), while the prices for the other major destinations experienced a decline.

Seat Imports

Imports into Singapore

In 2021, imports of seats into Singapore skyrocketed to X tons, increasing by 24% against 2020. In general, imports, however, saw a mild shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, seat imports surged to $X in 2021. Overall, imports, however, continue to indicate a pronounced downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of seat to Singapore, accounting for a 24% share of total imports. Moreover, seat imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-10.3% per year) and Italy (-6.7% per year).

In value terms, China ($X) constituted the largest supplier of seats to Singapore, comprising 47% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 14% share of total imports. It was followed by Italy, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-6.4% per year) and Italy (+0.8% per year).

Import Prices by Country

In 2021, the average seat import price amounted to $X per ton, rising by 16% against the previous year. In general, the import price, however, showed a pronounced decline. The growth pace was the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.1%), 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 in the world?

The countries with the highest volumes of seat consumption in 2020 were China, the United States and Germany, together accounting for 47% of global consumption. Indonesia, Bangladesh, France, the UK, India, Canada, Brazil, Spain, Thailand and Egypt lagged somewhat behind, together comprising a further 26%.

What are the largest producers of seats in the world?

China remains the largest seat producing country worldwide, accounting for 53% of total volume. Moreover, seat production in China exceeded the figures recorded by the second-largest producer, Indonesia, more than tenfold. The third position in this ranking was occupied by Bangladesh, with a 4.2% share.

What are the leading suppliers of seats to Singapore?

In value terms, China constituted the largest supplier of seat to Singapore, comprising 39% of total imports. The second position in the ranking was occupied by Malaysia, with an 18% share of total imports. It was followed by Italy, with a 7.7% share.

What are the leading importers of seats from Singapore?

In value terms, the United States emerged as the key foreign market for seat exports from Singapore, comprising 34% of total exports. The second position in the ranking was occupied by Malaysia, with a 13% share of total exports. It was followed by Indonesia, with a 9.6% share.

What is the average export price for seats in Singapore?

The average seat export price stood at $114 per unit in 2020, approximately equating the previous year.

What is the average import price for seats in Singapore?

In 2020, the average seat import price amounted to $58 per unit, declining by -19.5% against the previous year.

This report provides an in-depth analysis of the 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
Prodcom 30305010 - Seats for aircraft, parts thereof
Prodcom 31001155 -
Prodcom 31001159 -
Prodcom 31001170 - Upholstered seats with metal frames (excluding swivel seats, m edical, surgical, dental or veterinary seats, barbers
Prodcom 31001190 - Non-upholstered seats with metal frames (excluding medical, s urgical, dental or veterinary seats, barbers
Prodcom 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)
Prodcom 31001230 - Seats of cane, osier, bamboo or similar materials
Prodcom 31001250 - Upholstered seats with wooden frames (including three piece suites) (excluding swivel seats)
Prodcom 31001290 - Non-upholstered seats with wooden frames (excluding swivel seats)
Prodcom 31001300 - Other seats, of HS

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