Sweden: Swivel Seat Market 2024

Swivel Seat Market Size in Sweden

The Swedish swivel seat market declined dramatically to $X in 2022, which is down by -18.8% against the previous year. Overall, consumption, however, recorded a remarkable increase. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Swivel Seat Production in Sweden

In value terms, swivel seat production declined sharply to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2021 when the production volume increased by 290% against the previous year. As a result, production attained the peak level of $X, and then contracted sharply in the following year.

Swivel Seat Exports

Exports from Sweden

In 2022, after three years of growth, there was significant decline in overseas shipments of swivel seats with variable height adjustments, when their volume decreased by -11.9% to X units. Overall, exports saw a mild contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 61%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, swivel seat exports dropped to $X in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 29%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Norway (X units) was the main destination for swivel seat exports from Sweden, accounting for a 25% share of total exports. Moreover, swivel seat exports to Norway exceeded the volume sent to the second major destination, Denmark (X units), twofold. The third position in this ranking was held by Germany (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway stood at -4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-1.3% per year) and Germany (+3.1% per year).

In value terms, Norway ($X), the Netherlands ($X) and France ($X) appeared to be the largest markets for swivel seat exported from Sweden worldwide, with a combined 49% share of total exports.

The Netherlands, with a CAGR of +8.5%, saw the highest rates of growth with regard to 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 swivel seat export price amounted to $X per unit, stabilizing at the previous year. Overall, the export price showed tangible growth. The growth pace was the most rapid in 2017 an increase of 59%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Finland ($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 the Netherlands (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Imports

Imports into Sweden

In 2022, after three years of growth, there was significant decline in purchases abroad of swivel seats with variable height adjustments, when their volume decreased by -11.6% to X units. Overall, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, swivel seat imports fell to $X in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.6% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest swivel seat supplier to Sweden, accounting for a 58% share of total imports. Moreover, swivel seat imports from China exceeded the figures recorded by the second-largest supplier, Norway (X units), threefold. The third position in this ranking was held by the UK (X units), with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-1.3% per year) and the UK (+27.4% per year).

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to Sweden, comprising 58% of total imports. The second position in the ranking was held by Norway ($X), with a 20% share of total imports. It was followed by the UK, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-0.8% per year) and the UK (+28.1% per year).

Import Prices by Country

In 2022, the average swivel seat import price amounted to $X per unit, standing approx. at the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced 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 Norway ($X per unit) and China ($X per unit), while the price for Lithuania ($X per unit) and Italy ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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