Report Update Nov 1, 2024

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

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Azerbaijan: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Azerbaijan

In 2021, the Azerbaijani household sewing machine market decreased by -10.2% to $X, falling for the third year in a row after three years of growth. Overall, consumption, however, continues to indicate a significant expansion. Household sewing machine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Household Sewing Machine Exports

Exports from Azerbaijan

In 2021, shipments abroad of household sewing machines increased by 68% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 173% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, household sewing machine exports soared to $X in 2021. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Georgia (X units) was the main destination for household sewing machine exports from Azerbaijan, accounting for a 58% share of total exports. Moreover, household sewing machine exports to Georgia exceeded the volume sent to the second major destination, the UK (X units), threefold. Russia (X units) ranked third in terms of total exports with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia amounted to +151.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+69.5% per year) and Russia (-19.7% per year).

In value terms, Georgia ($X) emerged as the key foreign market for household sewing machines exports from Azerbaijan, comprising 61% of total exports. The second position in the ranking was taken by France ($X), with a 9.8% share of total exports. It was followed by the UK, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value to Georgia amounted to +160.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+28.6% per year) and the UK (+49.1% per year).

Export Prices by Country

The average household sewing machine export price stood at $X per unit in 2021, with an increase of 233% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Russia ($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 France (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Household Sewing Machine Imports

Imports into Azerbaijan

In 2021, purchases abroad of household sewing machines decreased by -11% to X units, falling for the third consecutive year after three years of growth. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 3,812%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, household sewing machine imports declined to $X in 2021. Over the period under review, imports, however, posted strong growth. The pace of growth was the most pronounced in 2016 with an increase of 2,284%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X units), China (X units) and Taiwan (Chinese) (X units) were the main suppliers of household sewing machine imports to Azerbaijan, together accounting for 78% of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +87.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest household sewing machine suppliers to Azerbaijan were Thailand ($X), Taiwan (Chinese) ($X) and China ($X), with a combined 79% share of total imports.

Thailand, with a CAGR of +94.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average household sewing machine import price stood at $X per unit in 2021, growing by 12% against the previous year. Overall, the import price, however, recorded a abrupt slump. The growth pace was the most rapid in 2020 when the average import price increased by 63% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 Turkey ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Vietnam constituted the country with the largest volume of household sewing machine consumption, 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. Taiwan Chinese) ranked third in terms of total consumption 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 comprising 87% of global production.

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

In value terms, China, Thailand and Taiwan Chinese) were the largest household sewing machine suppliers to Azerbaijan, together accounting for 83% of total imports.

What are the leading importers of household sewing machines from Azerbaijan?

In value terms, the largest markets for household sewing machine exported from Azerbaijan were the UK $484), Qatar $400) and Germany $260), with a combined 80% share of total exports.

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

The average household sewing machine export price stood at $32 per unit in 2020, jumping by 56% against the previous year.

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

In 2020, the average household sewing machine import price amounted to $105 per unit, reducing by -3.7% against the previous year.

This report provides an in-depth analysis of the household sewing machine market in Azerbaijan. 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:

Azerbaijan

Data coverage:

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