Turkey: Swivel Seat Market 2024

Swivel Seat Market Size in Turkey

In 2022, the Turkish swivel seat market increased by 1.6% to $X, rising for the third year in a row after two years of decline. Overall, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.1% against 2019 indices. Swivel seat consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Swivel Seat Production in Turkey

In value terms, swivel seat production dropped notably to $X in 2022 estimated in export price. In general, production enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Swivel seat production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Swivel Seat Exports

Exports from Turkey

In 2022, overseas shipments of swivel seats with variable height adjustments decreased by -10.9% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2019 when exports increased by 109%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, swivel seat exports declined to $X in 2022. In general, total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.1% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of 36%. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

Iraq (X units), Germany (X units) and Saudi Arabia (X units) were the main destinations of swivel seat exports from Turkey, together accounting for 24% of total exports. Qatar, Libya, Bulgaria, Austria, Azerbaijan, the United States, Israel, Georgia, Morocco and Uzbekistan lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +23.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X), Germany ($X) and Libya ($X) were the largest markets for swivel seat exported from Turkey worldwide, together accounting for 26% of total exports. Israel, Qatar, Bulgaria, Morocco, Saudi Arabia, Azerbaijan, Austria, Uzbekistan, the United States and Georgia lagged somewhat behind, together comprising a further 32%.

In terms of the main countries of destination, Uzbekistan, with a CAGR of +36.0%, saw the highest rates of growth with regard to 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 swivel seat export price amounted to $X per unit, stabilizing at the previous year. Over the period under review, the export price continues to indicate a strong increase. The growth pace was the most rapid in 2017 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to Saudi Arabia ($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 Israel (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Imports

Imports into Turkey

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 -6% to X units. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, swivel seat imports declined to $X in 2022. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by 20% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest swivel seat supplier to Turkey, accounting for a 46% share of total imports. Moreover, swivel seat imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), threefold. The third position in this ranking was taken by the UK (X units), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+16.9% per year) and the UK (-0.9% per year).

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to Turkey, comprising 46% of total imports. The second position in the ranking was held by Malaysia ($X), with a 14% share of total imports. It was followed by the UK, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+14.9% per year) and the UK (-2.6% per year).

Import Prices by Country

The average swivel seat import price stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the import price, however, showed a mild setback. The pace of growth was the most pronounced in 2018 an increase of 33%. As a result, import price attained 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 highest price was recorded for prices from China ($X per unit) and Malaysia ($X per unit), while the price for Italy ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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