Austria: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Austria

In 2021, after two years of decline, there was significant growth in the Austrian household sewing machine market, when its value increased by 61% to $X. In general, the total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Household sewing machine consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Household Sewing Machine Exports

Exports from Austria

In 2021, overseas shipments of household sewing machines increased by 4.1% to X units, rising for the third year in a row after two years of decline. In general, exports, however, continue to indicate a slight slump. The growth pace was the most rapid in 2014 with an increase of 47%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, household sewing machine exports contracted sharply to $X in 2021. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 with an increase of 47% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units), Uzbekistan (X units) and Denmark (X units) were the main destinations of household sewing machine exports from Austria, with a combined 59% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +363.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and the Czech Republic ($X) were the largest markets for household sewing machine exported from Austria worldwide, together accounting for 58% of total exports. These countries were followed by Uzbekistan, Lithuania, Slovenia, Poland, Kazakhstan, the Netherlands, Slovakia, North Macedonia, Romania and Switzerland, which together accounted for a further 36%.

Uzbekistan, with a CAGR of +172.5%, saw 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 household sewing machine export price stood at $X per unit in 2021, dropping by -23% against the previous year. Overall, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2017 when the average export price increased by 62%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+1.1%), while the prices for the other major destinations experienced a decline.

Household Sewing Machine Imports

Imports into Austria

For the third year in a row, Austria recorded growth in overseas purchases of household sewing machines, which increased by 38% to X units in 2021. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +80.0% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, household sewing machine imports soared to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of household sewing machine to Austria, with a 66% share of total imports. Moreover, household sewing machine imports from Germany exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold. The third position in this ranking was taken by China (X units), with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +23.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-5.9% per year) and China (-14.5% per year).

In value terms, Germany ($X) constituted the largest supplier of household sewing machines to Austria, comprising 60% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 20% share of total imports. It was followed by China, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-6.8% per year) and China (-16.3% per year).

Import Prices by Country

The average household sewing machine import price stood at $X per unit in 2021, which is down by -2.7% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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