Report Update Nov 1, 2024

Algeria - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Algeria

The Algerian household sewing machine market skyrocketed to $X in 2021, increasing by 49% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Household Sewing Machine Exports

Exports from Algeria

In 2021, approx. X units of household sewing machines were exported from Algeria; with a decrease of -5.6% on the previous year's figure. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2016 when exports increased by 500% against the previous year. The exports peaked at X units in 2020, and then declined in the following year.

In value terms, household sewing machine exports stood at $X in 2021. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2016 with an increase of 142% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Canada (X units) was the main destination for household sewing machine exports from Algeria, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at +26.8%.

In value terms, Canada ($X) emerged as the key foreign market for household sewing machines exports from Algeria.

From 2012 to 2021, the average annual growth rate of value to Canada stood at +24.5%.

Export Prices by Country

The average household sewing machine export price stood at $X per unit in 2021, increasing by 6.6% against the previous year. Over the period under review, the export price, however, saw a slight descent. The growth pace was the most rapid in 2014 when the average export price increased by 29% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to +5.5% per year.

Household Sewing Machine Imports

Imports into Algeria

In 2021, imports of household sewing machines into Algeria surged to X units, growing by 30% against the previous year's figure. In general, imports, however, continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2014 with an increase of 131%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, household sewing machine imports soared to $X in 2021. Over the period under review, imports posted a mild increase. The pace of growth appeared the most rapid in 2016 with an increase of 116% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Vietnam (X units) and India (X units) were the main suppliers of household sewing machine imports to Algeria, together comprising 69% of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +76.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Vietnam ($X), China ($X) and India ($X) appeared to be the largest household sewing machine suppliers to Algeria, with a combined 59% share of total imports.

Vietnam, with a CAGR of +30.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average household sewing machine import price stood at $X per unit in 2021, growing by 24% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, household sewing machine import price decreased by -8.4% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 40% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a 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 the United Arab Emirates ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for household sewing machines in the world?

The country with the largest volume of household sewing machine consumption was Vietnam, comprising approx. 32% of total volume. Moreover, household sewing machine consumption in Vietnam exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by Taiwan Chinese), with a 5.9% share.

What are the largest producers of household sewing machines in the world?

The countries with the highest volumes of household sewing machine production in 2020 were Vietnam, China and Taiwan Chinese), together accounting for 87% of global production.

What are the leading suppliers of household sewing machines to Algeria?

In value terms, China constituted the largest supplier of household sewing machine to Algeria, comprising 58% of total imports. The second position in the ranking was occupied by Vietnam, with a 28% share of total imports. It was followed by India, with a 3.5% share.

What is the average export price for household sewing machines in Algeria?

The average household sewing machine export price stood at $94 per unit in 2019, leveling off at the previous year.

What is the average import price for household sewing machines in Algeria?

The average household sewing machine import price stood at $61 per unit in 2020, leveling off at the previous year.

This report provides an in-depth analysis of the household sewing machine market in Algeria. 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 28944000 - Domestic sewing machines (excluding furniture, bases and covers)

Country coverage:

Algeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Algeria
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023