Ukraine: Swivel Seat Market 2024

Swivel Seat Market Size in Ukraine

After six years of growth, the Ukrainian swivel seat market decreased by -17.4% to $X in 2022. In general, consumption saw a slight shrinkage. Swivel seat consumption peaked at $X in 2021, and then declined rapidly in the following year.

Swivel Seat Production in Ukraine

In value terms, swivel seat production shrank modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 28% against the previous year. Swivel seat production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Swivel Seat Exports

Exports from Ukraine

In 2022, exports of swivel seats with variable height adjustments from Ukraine declined significantly to X units, shrinking by -61% against 2021. Over the period under review, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 84% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, swivel seat exports fell dramatically to $X in 2022. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Lithuania (X units), Moldova (X units) and Bulgaria (X units) were the main destinations of swivel seat exports from Ukraine, together accounting for 41% of total exports. Latvia, Russia, Kazakhstan, Montenegro, Poland, Uzbekistan, Italy, Romania, Germany and Slovenia lagged somewhat behind, together accounting for a further 47%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +687.8%), while the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Moldova ($X) and Bulgaria ($X) constituted the largest markets for swivel seat exported from Ukraine worldwide, with a combined 44% share of total exports. Latvia, Russia, Kazakhstan, Poland, Uzbekistan, Romania, Germany, Montenegro, Italy and Slovenia lagged somewhat behind, together comprising a further 43%.

Slovenia, with a CAGR of +792.6%, recorded 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, dropping by -1.7% against the previous year. Overall, the export price, however, posted notable growth. The pace of growth appeared the most rapid in 2020 an increase of 86%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a 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 Uzbekistan ($X per unit), while the average price for exports to Slovenia ($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 Slovenia (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Imports

Imports into Ukraine

After six years of growth, overseas purchases of swivel seats with variable height adjustments decreased by -40.6% to X units in 2022. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 90%. Imports peaked at X units in 2021, and then declined significantly in the following year.

In value terms, swivel seat imports contracted sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 76%. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest swivel seat supplier to Ukraine, accounting for a 87% share of total imports. It was followed by Lithuania (X units), with a 2.3% share of total imports. The third position in this ranking was taken by Poland (X units), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+18.0% per year) and Poland (+0.5% per year).

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to Ukraine, comprising 87% of total imports. The second position in the ranking was held by Lithuania ($X), with a 2.3% share of total imports. It was followed by Poland, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+9.0% per year) and Poland (-5.8% per year).

Import Prices by Country

The average swivel seat import price stood at $X per unit in 2022, which is down by -18.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 12% 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 remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Lithuania ($X per unit) and Poland ($X per unit), while the price for Germany ($X per unit) and China ($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 (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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