U.S.: Seat Market 2025

Seat Market Size in the U.S.

In 2021, the U.S. seat market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Seat Production in the U.S.

In value terms, seat production totaled $X in 2021. In general, production recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 69%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Seat Exports

Exports from the U.S.

After four years of decline, overseas shipments of seats increased by 31% to X tons in 2021. In general, exports, however, saw a abrupt curtailment. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, seat exports soared to $X in 2021. The total export value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the exports hit record highs at $X in 2018; afterwards, it flattened through to 2021.

Exports by Country

Canada (X tons) was the main destination for seat exports from the United States, accounting for a 54% share of total exports. Moreover, seat exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada amounted to +2.1%.

In value terms, Canada ($X) remains the key foreign market for seats exports from the United States, comprising 62% of total exports. The second position in the ranking was held by Mexico ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled +2.6%.

Export Prices by Country

The average seat export price stood at $X per ton in 2021, with a decrease of -7.6% against the previous year. Overall, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 126% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+7.7%).

Seat Imports

Imports into the U.S.

In 2021, supplies from abroad of seats increased by 22% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +42.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, seat imports surged to $X in 2021. Overall, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of seat to the United States, with a 46% share of total imports. Moreover, seat imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold. Mexico (X tons) ranked third in terms of total imports with a 1.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+19.7% per year) and Mexico (+7.3% per year).

In value terms, China ($X) constituted the largest supplier of seats to the United States, comprising 50% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 23% share of total imports. It was followed by Mexico, with a 7.2% 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: Vietnam (+30.3% per year) and Mexico (+11.3% per year).

Import Prices by Country

The average seat import price stood at $X per ton in 2021, picking up by 6.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 13%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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