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United Kingdom - Seats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUK Seat Price Averages $354 per Unit
United Kingdom Seat Import Price in March 2023
In March 2023, the seat price stood at $354 per unit (CIF, United Kingdom), almost unchanged from the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 17% m-o-m. The import price peaked at $388 per unit in April 2022; however, from May 2022 to March 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was China ($432 per unit), while the price for Indonesia ($107 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
COUNTRY | Import Price of Seat in United Kingdom (USD per unit) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
China | 485 | 523 | 503 | 433 | 425 | 377 | 335 | 323 | 377 | 320 | 428 | 432 | 432 |
Spain | 294 | 411 | 446 | 330 | 357 | 490 | 307 | 361 | 300 | 329 | 291 | 366 | 416 |
Italy | 316 | 345 | 332 | 356 | 337 | 378 | 375 | 313 | 317 | 346 | 360 | 332 | 342 |
Lithuania | 278 | 288 | 271 | 286 | 286 | 291 | 281 | 307 | 299 | 318 | 310 | 334 | 284 |
Poland | 241 | 240 | 239 | 242 | 243 | 245 | 237 | 238 | 246 | 242 | 244 | 248 | 250 |
Portugal | 289 | 277 | 265 | 262 | 256 | 271 | 250 | 259 | 252 | 247 | 252 | 262 | 248 |
Romania | 195 | 197 | 205 | 204 | 201 | 191 | 206 | 209 | 196 | 209 | 212 | 218 | 203 |
Vietnam | 145 | 160 | 181 | 203 | 197 | 134 | 158 | 226 | 174 | 179 | 214 | 186 | 185 |
Indonesia | 107 | 101 | 113 | 115 | 108 | 114 | 113 | 106 | 100 | 110 | 129 | 113 | 107 |
Average | 386 | 388 | 374 | 357 | 340 | 311 | 302 | 303 | 317 | 295 | 344 | 353 | 354 |
United Kingdom Seat Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In March 2023, the product with the highest price was upholstered seats with wooden frames ($232 per unit), while the price for non-upholstered seats with wooden frames ($73.4 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by metal frame non-upholstered seat (0.0%), while the prices for the other products experienced more modest paces of growth.
United Kingdom Seat Imports
In March 2023, supplies from abroad of seats increased by 9% to 591K units, rising for the second month in a row after two months of decline. Over the period under review, imports, however, continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in May 2022 when imports increased by 11% against the previous month. Imports peaked at 965K units in March 2022; however, from April 2022 to March 2023, imports remained at a lower figure.
In value terms, seat imports amounted to $209M (IndexBox estimates) in March 2023. In general, imports, however, continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in November 2022 when imports increased by 15% against the previous month. Over the period under review, imports attained the maximum at 372M units in March 2022; however, from April 2022 to March 2023, imports remained at a lower figure.
United Kingdom Seat Imports by Type
In March 2023, upholstered seats with wooden frames (445K units) constituted the largest type of seat supplied to the UK, with a 75% share of total imports. Moreover, upholstered seats with wooden frames exceeded the figures recorded for the second-largest type, non-upholstered seats with wooden frames (145K units), threefold.
From March 2022 to March 2023, the average monthly rate of growth in terms of the volume of import of upholstered seats with wooden frames totaled -3.5%. With regard to the other supplied products, the following average monthly rates of growth were recorded: non-upholstered seats with wooden frames (-5.2% per month) and seats; of cane, osier or similar materials, other than bamboo or rattan (-17.7% per month).
In value terms, upholstered seats with wooden frames ($103M) constituted the largest type of seat supplied to the UK, comprising 49% of total imports. The second position in the ranking was taken by upholstered seats with metal frames ($30M), with a 14% share of total imports. It was followed by non-upholstered seats with metal frames, with a 14% share.
United Kingdom Seat Imports by Country
China (200K units), Poland (134K units) and Italy (66K units) were the main suppliers of seat imports to the UK, together accounting for 68% of total imports. These countries were followed by Romania, Vietnam, Indonesia, Portugal, Lithuania and Spain, which together accounted for a further 18%.
From March 2022 to March 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +1.2%), while imports for the other leaders experienced a decline.
In value terms, China ($86M) constituted the largest supplier of seat to the UK, comprising 41% of total imports. The second position in the ranking was taken by Poland ($33M), with a 16% share of total imports. It was followed by Italy, with an 11% share.
From March 2022 to March 2023, the average monthly growth rate of value from China amounted to -7.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Poland (-0.4% per month) and Italy (+0.0% per month).
This report provides an in-depth analysis of the seat market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29321000 - Seats for motor vehicles
- Prodcom 30305010 - Seats for aircraft, parts thereof
- Prodcom 31001155 -
- Prodcom 31001159 -
- Prodcom 31001170 - Upholstered seats with metal frames (excluding swivel seats, m edical, surgical, dental or veterinary seats, barbers
- Prodcom 31001190 - Non-upholstered seats with metal frames (excluding medical, s urgical, dental or veterinary seats, barbers
- Prodcom 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)
- Prodcom 31001230 - Seats of cane, osier, bamboo or similar materials
- Prodcom 31001250 - Upholstered seats with wooden frames (including three piece suites) (excluding swivel seats)
- Prodcom 31001290 - Non-upholstered seats with wooden frames (excluding swivel seats)
- Prodcom 31001300 - Other seats, of HS
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023