SADC: Seat Market 2024

Seat Market Size in SADC

The SADC seat market declined to $X in 2023, shrinking by X% against the previous year. In general, consumption, however, saw a slight slump. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Seat Production in SADC

In value terms, seat production amounted to $X in 2023 estimated in export price. Overall, production recorded a deep slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth remained at a lower figure.

Seat Exports

Exports in SADC

In 2023, overseas shipments of seats decreased by X% to X units, falling for the second consecutive year after three years of growth. In general, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

In value terms, seat exports fell to $X in 2023. Overall, exports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, amounting to X units, which was approx. X% of total exports in 2023. It was distantly followed by Mauritius (X units), constituting a X% share of total exports. Tanzania (X units) took a minor share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2023. At the same time, Tanzania (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. Mauritius (X p.p.) and Tanzania (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, South Africa ($X) remains the largest seat supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports.

In South Africa, seat exports decreased by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Tanzania (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2023, leveling off at the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced mixed trends in the export price figures.

Seat Imports

Imports in SADC

In 2023, seat imports in SADC declined modestly to X units, approximately equating the previous year's figure. In general, imports continue to indicate a mild slump. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, seat imports contracted to $X in 2023. Over the period under review, imports recorded a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, South Africa (X units) was the major importer of seats, mixing up X% of total imports. It was distantly followed by Tanzania (X units), Angola (X units), Mauritius (X units), Botswana (X units) and Democratic Republic of the Congo (X units), together committing a X% share of total imports. Mozambique (X units) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2023. At the same time, Democratic Republic of the Congo (X%), Tanzania (X%), Mauritius (X%) and Botswana (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. By contrast, Mozambique (X%) and Angola (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Tanzania, Democratic Republic of the Congo, Mauritius and Botswana increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported seats in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

In South Africa, seat imports shrank by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Angola (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2023, falling by X% against the previous year. In general, the import price recorded a slight slump. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Angola ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform