United Kingdom: Swivel Seat Market 2024

Swivel Seat Market Size in the UK

After two years of growth, the UK swivel seat market decreased by -8.8% to $X in 2022. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +44.7% against 2016 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then reduced in the following year.

Swivel Seat Production in the UK

In value terms, swivel seat production reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a mild shrinkage. The growth pace was the most rapid in 2018 with an increase of 8.5% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Swivel Seat Exports

Exports from the UK

Swivel seat exports from the UK shrank rapidly to X units in 2022, waning by -17.7% against 2021. In general, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 with an increase of 46%. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, swivel seat exports declined rapidly to $X in 2022. Over the period under review, exports, however, showed tangible growth. The growth pace was the most rapid in 2021 when exports increased by 55%. As a result, the exports reached the peak of $X, and then declined rapidly in the following year.

Exports by Country

France (X units), Ireland (X units) and the Netherlands (X units) were the main destinations of swivel seat exports from the UK, together comprising 42% of total exports. Germany, Italy, Sweden, Russia, Israel, Poland, Denmark, the Czech Republic, Belgium and Spain lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +26.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for swivel seat exported from the UK were France ($X), the Netherlands ($X) and Germany ($X), together accounting for 45% of total exports. Ireland, Sweden, Italy, Russia, Israel, Denmark, Poland, the Czech Republic, Belgium and Spain lagged somewhat behind, together comprising a further 33%.

Russia, with a CAGR of +38.7%, 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

The average swivel seat export price stood at $X per unit in 2022, remaining stable against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The growth pace was the most rapid in 2020 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Ireland ($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 Russia (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Imports

Imports into the UK

In 2022, overseas purchases of swivel seats with variable height adjustments decreased by -19.1% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 62%. As a result, imports reached the peak of X units, and then shrank markedly in the following year.

In value terms, swivel seat imports dropped to $X in 2022. In general, imports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, China (X units) constituted the largest swivel seat supplier to the UK, accounting for a 74% share of total imports. Moreover, swivel seat imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was taken by the United States (X units), with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.4% per year) and the United States (+23.7% per year).

In value terms, China ($X) constituted the largest supplier of swivel seats with variable height adjustments to the UK, comprising 74% of total imports. The second position in the ranking was taken by Germany ($X), with a 4.5% share of total imports. It was followed by the United States, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.6% per year) and the United States (+22.2% per year).

Import Prices by Country

In 2022, the average swivel seat import price amounted to $X per unit, rising by 5.6% against the previous year. In general, the import price, however, showed a slight downturn. The pace of growth was the most pronounced in 2018 an increase of 33%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a 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 Ireland ($X per unit) and Sweden ($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 Ireland (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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