Austria: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Austria

The Austrian industrial sewing machines (non-automatic) market reduced slightly to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, saw a resilient increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Industrial Sewing Machines (Non-Automatic) in Austria

In value terms, industrial sewing machines (non-automatic) production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by 10%. Industrial sewing machines (non-automatic) production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Austria

In 2022, the amount of industrial sewing machines (non-automatic) exported from Austria surged to X units, jumping by 44% compared with 2021. Overall, exports, however, continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2021 when exports increased by 87%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 45% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Serbia (X units), Croatia (X units) and India (X units) were the main destinations of industrial sewing machines (non-automatic) exports from Austria, with a combined 74% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +38.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial sewing machines (non-automatic) exported from Austria were Serbia ($X), Croatia ($X) and India ($X), together comprising 75% of total exports. Germany, Albania, Egypt, Hungary, Slovenia, Bosnia and Herzegovina and Romania lagged somewhat behind, together accounting for a further 22%.

Albania, with a CAGR of +56.1%, saw the highest growth rate of the value of exports, in terms of 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

In 2022, the average industrial sewing machines (non-automatic) export price amounted to $X per unit, shrinking by -7.3% against the previous year. Over the period under review, the export price, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 87%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Romania ($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 Vietnam (+63.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Austria

In 2022, approx. X units of industrial sewing machines (non-automatic) were imported into Austria; growing by 6.7% on the previous year. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 131% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) imports skyrocketed to $X in 2022. In general, imports saw a mild increase. The pace of growth was the most pronounced in 2020 with an increase of 157% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of industrial sewing machines (non-automatic) to Austria, accounting for a 65% share of total imports. Moreover, industrial sewing machines (non-automatic) imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), eightfold. Poland (X units) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.6% per year) and Poland (+112.9% per year).

In value terms, Germany ($X) constituted the largest supplier of industrial sewing machines (non-automatic) to Austria, comprising 72% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with an 8.9% share of total imports. It was followed by Poland, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+39.6% per year) and Poland (+154.4% per year).

Import Prices by Country

The average industrial sewing machines (non-automatic) import price stood at $X per unit in 2022, jumping by 21% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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