Spain: Swivel Seat Market 2024

Swivel Seat Market Size in Spain

The Spanish swivel seat market contracted notably to $X in 2022, waning by -84.8% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank remarkably in the following year.

Swivel Seat Production in Spain

In value terms, swivel seat production dropped to $X in 2022 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +17.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by 35%. As a result, production reached the peak level of $X, and then shrank in the following year.

Swivel Seat Exports

Exports from Spain

After six years of growth, overseas shipments of swivel seats with variable height adjustments decreased by -12.1% to X units in 2022. Overall, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 37%. Over the period under review, the exports reached the peak figure at X units in 2021, and then contracted in the following year.

In value terms, swivel seat exports fell to $X in 2022. In general, exports, however, saw a prominent increase. The growth pace was the most rapid in 2018 when exports increased by 35% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

France (X units), Portugal (X units) and Germany (X units) were the main destinations of swivel seat exports from Spain, with a combined 55% share of total exports. Italy, Belgium, the United States, the UK, Angola, the United Arab Emirates, the Netherlands, Austria, Morocco and Saudi Arabia lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +30.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for swivel seat exported from Spain were France ($X), Portugal ($X) and Germany ($X), with a combined 55% share of total exports. Italy, Belgium, the United States, the UK, the Netherlands, Austria, Angola, the United Arab Emirates, Morocco and Saudi Arabia lagged somewhat behind, together comprising a further 26%.

The United Arab Emirates, with a CAGR of +27.8%, saw the highest growth rate of the value of exports, in terms of 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

The average swivel seat export price stood at $X per unit in 2022, stabilizing at the previous year. Over the period under review, the export price, however, showed a slight decline. The growth pace was the most rapid in 2019 when the average export price increased by 7.7%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per unit) and Morocco ($X per unit), while the average price for exports to Angola ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.6%), while the prices for the other major destinations experienced a decline.

Swivel Seat Imports

Imports into Spain

In 2022, after two years of decline, there was significant decline in overseas purchases of swivel seats with variable height adjustments, when their volume decreased by 99.9% to less than X units. Overall, imports, however, saw significant growth. Over the period under review, imports hit record highs at X units in 2021, and then shrank sharply in the following year.

In value terms, swivel seat imports declined sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. As a result, imports reached the peak of $X, and then reduced dramatically in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of swivel seat to Spain, accounting for a 76% share of total imports. Moreover, swivel seat imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. France (X units) ranked third in terms of total imports with a 5.9% share.

From 2019 to 2021, the average annual growth rate of volume from China stood at +65.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.9% per year) and France (-15.4% per year).

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to Spain, comprising 76% of total imports. The second position in the ranking was taken by Germany ($X), with a 6.8% share of total imports. It was followed by France, with a 5.9% share.

From 2019 to 2021, the average annual growth rate of value from China totaled +70.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.5% per year) and France (-12.4% per year).

Import Prices by Country

In 2021, the average swivel seat import price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the import price continues to indicate a moderate increase. The pace of growth was the most pronounced in 2020 when the average import price decreased by 99.9% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

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

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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