Turkey: Vehicle Seat Market 2024

Vehicle Seat Market Size in Turkey

The Turkish vehicle seat market shrank modestly to $X in 2022, with a decrease of -4.3% against the previous year. In general, consumption, however, saw a prominent increase. Vehicle seat consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Vehicle Seat Production in Turkey

In value terms, vehicle seat production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 59%. Vehicle seat production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Vehicle Seat Exports

Exports from Turkey

In 2022, shipments abroad of seats for motor vehicles increased by 0.3% to X units, rising for the second year in a row after two years of decline. In general, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2018 when exports increased by 37% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, vehicle seat exports rose slightly to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 14%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), France (X units) and the United States (X units) were the main destinations of vehicle seat exports from Turkey, together accounting for 32% of total exports. Spain, Belgium, Italy, North Macedonia, Israel, Slovenia, Poland, Uruguay, Russia and Romania lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +39.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the United States ($X) constituted the largest markets for vehicle seat exported from Turkey worldwide, together comprising 32% of total exports. Spain, Belgium, Italy, North Macedonia, Israel, Slovenia, Poland, Uruguay, Russia and Romania lagged somewhat behind, together comprising a further 33%.

Among the main countries of destination, Slovenia, with a CAGR of +56.2%, saw 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 2022, the average vehicle seat export price amounted to $X per unit, remaining constant against the previous year. Overall, the export price recorded strong growth. The most prominent rate of growth was recorded in 2016 an increase of 72%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Uruguay ($X per unit) and Russia ($X per unit), while the average price for exports to Belgium ($X per unit) and Slovenia ($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 Uruguay (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Vehicle Seat Imports

Imports into Turkey

In 2022, overseas purchases of seats for motor vehicles decreased by -1.7% to X units, falling for the fourth consecutive year after two years of growth. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2017 when imports increased by 55%. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, vehicle seat imports dropped modestly to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 28% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of vehicle seat to Turkey, accounting for a 38% share of total imports. Moreover, vehicle seat imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), twofold. The UK (X units) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+1.9% per year) and the UK (+4.3% per year).

In value terms, Germany ($X) constituted the largest supplier of seats for motor vehicles to Turkey, comprising 38% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with an 18% share of total imports. It was followed by the UK, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+8.6% per year) and the UK (+11.2% per year).

Import Prices by Country

In 2022, the average vehicle seat import price amounted to $X per unit, stabilizing at the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vehicle seat import price increased by +23.3% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 34%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($X per unit) and Norway ($X per unit), while the price for Romania ($X per unit) and Japan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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