Brazil: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Brazil

In 2021, the Brazilian household sewing machine market increased by 18% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a mild shrinkage. Household sewing machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Household Sewing Machine Production in Brazil

In value terms, household sewing machine production contracted to $X in 2021 estimated in export price. In general, production, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 281% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Household Sewing Machine Exports

Exports from Brazil

In 2021, after eight years of decline, there was significant growth in shipments abroad of household sewing machines, when their volume increased by 3,843% to X units. Overall, exports, however, continue to indicate a significant contraction. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, household sewing machine exports surged to $X in 2021. In general, exports, however, saw a sharp curtailment. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X units), the United States (X units) and Sweden (X units) were the main destinations of household sewing machine exports from Brazil, with a combined 99.9% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of -35.6%), while the other leaders experienced a decline.

In value terms, the largest markets for household sewing machine exported from Brazil were the United States ($X), Mexico ($X) and Sweden ($X), together comprising 100% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of -29.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average household sewing machine export price stood at $X per unit in 2021, which is down by -28.1% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 175%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Mexico ($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 United States (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Household Sewing Machine Imports

Imports into Brazil

Household sewing machine imports into Brazil declined slightly to X units in 2021, which is down by -3.8% against the previous year's figure. Over the period under review, imports saw a noticeable decrease. The growth pace was the most rapid in 2017 when imports increased by 163% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, household sewing machine imports skyrocketed to $X in 2021. In general, imports, however, enjoyed a slight expansion. The pace of growth was the most pronounced in 2017 with an increase of 63% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

China (X units), Vietnam (X units) and Thailand (X units) were the main suppliers of household sewing machine imports to Brazil, together comprising 99% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +11.1%), while purchases for the other leaders experienced a decline.

In value terms, Vietnam ($X), China ($X) and Thailand ($X) were the largest household sewing machine suppliers to Brazil, with a combined 96% share of total imports.

Vietnam, with a CAGR of +13.2%, recorded the highest growth rate of the value of imports, in terms of 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 35% against the previous year. Over the period under review, the import price posted a temperate increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 71%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat 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 Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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