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

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

The Belgian industrial sewing machines (non-automatic) market shrank rapidly to $X in 2022, falling by -59.5% against the previous year. In general, consumption, however, posted prominent growth. Industrial sewing machines (non-automatic) consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

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

In value terms, industrial sewing machines (non-automatic) production dropped notably to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 100% against the previous year. Industrial sewing machines (non-automatic) production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Belgium

Industrial sewing machines (non-automatic) exports from Belgium fell rapidly to X units in 2022, reducing by -75.1% on the previous year. In general, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, the exports reached the peak of X units, and then declined rapidly in the following year.

In value terms, industrial sewing machines (non-automatic) exports contracted remarkably to $X in 2022. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), the United Arab Emirates (X units) and Germany (X units) were the main destinations of industrial sewing machines (non-automatic) exports from Belgium, together accounting for 38% of total exports. Slovenia, the UK, Japan, Singapore, the United States, Angola, South Africa, Turkey, Italy and Switzerland lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +52.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial sewing machines (non-automatic) exported from Belgium were the Netherlands ($X), Singapore ($X) and the UK ($X), together comprising 29% of total exports. Italy, Germany, the United States, Turkey, South Africa, Slovenia, the United Arab Emirates, Japan, Angola and Switzerland lagged somewhat behind, together comprising a further 37%.

Slovenia, with a CAGR of +38.3%, saw the highest growth rate of 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 industrial sewing machines (non-automatic) export price stood at $X per unit in 2022, increasing by 7.5% against the previous year. Overall, the export price, however, showed a abrupt decrease. The growth pace was the most rapid in 2014 an increase of 25% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to the United Arab Emirates ($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 Italy (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Belgium

In 2022, purchases abroad of industrial sewing machines (non-automatic) decreased by -73.8% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 152% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) imports declined notably to $X in 2022. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 122% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), the Netherlands (X units) and Taiwan (Chinese) (X units) were the main suppliers of industrial sewing machines (non-automatic) imports to Belgium, together comprising 59% of total imports. Croatia, Japan, Poland, China and the United States lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +155.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial sewing machines (non-automatic) suppliers to Belgium were the Netherlands ($X), Poland ($X) and Japan ($X), together accounting for 65% of total imports. Croatia, Taiwan (Chinese), Germany, China and the United States lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, Croatia, with a CAGR of +104.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average industrial sewing machines (non-automatic) import price amounted to $X per unit, increasing by 39% against the previous year. Over the period under review, the import price, however, showed a deep slump. The import price peaked at $X per unit in 2013; however, from 2014 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 Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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