Report Update Nov 1, 2024

Central Asia - Sewing Machine Needles - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Sewing Machine Needle Market 2024

Sewing Machine Needle Exports

Exports in Central Asia

Sewing machine needle exports soared to X units in 2022, jumping by 37% on 2021 figures. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 480% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sewing machine needle exports soared to $X in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2017 with an increase of 162% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Kazakhstan (X units) was the largest exporter of sewing machine needles in Central Asia, creating 100% of total export.

Kazakhstan was also the fastest-growing in terms of the sewing machine needles exports, with a CAGR of +49.8% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest sewing machine needle supplier in Central Asia.

In Kazakhstan, sewing machine needle exports increased at an average annual rate of +39.1% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per thousand units in 2022, rising by 11% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 when the export price increased by 57%. As a result, the export price reached the peak level of $X per thousand units. From 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -7.0% per year.

Sewing Machine Needle Imports

Imports in Central Asia

In 2022, overseas purchases of sewing machine needles increased by 13,242% to X units, rising for the second consecutive year after three years of decline. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sewing machine needle imports surged to $X in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the one major importers of sewing machine needles, namely Kyrgyzstan, represented more than two-thirds of total import.

Kyrgyzstan was also the fastest-growing in terms of the sewing machine needles imports, with a CAGR of +116.7% from 2012 to 2022. While the share of Kyrgyzstan (+81 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kyrgyzstan ($X) constitutes the largest market for imported sewing machine needles in Central Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in Kyrgyzstan amounted to +81.6%.

Import Prices by Country

The import price in Central Asia stood at $X per thousand units in 2022, declining by -97% against the previous year. In general, the import price saw a dramatic downturn. The pace of growth was the most pronounced in 2018 when the import price increased by 143%. Over the period under review, import prices reached the maximum at $X per thousand units in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kyrgyzstan.

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to -16.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sewing machine needles in Central Asia?

Uzbekistan remains the largest sewing machine needle consuming country in Central Asia, comprising approx. 53% of total volume. Moreover, sewing machine needle consumption in Uzbekistan exceeded the figures recorded by the second-largest consumer, Kazakhstan, threefold. The third position in this ranking was occupied by Turkmenistan, with a 16% share.

What are the largest producers of sewing machine needles in Central Asia?

Kyrgyzstan constituted the country with the largest volume of sewing machine needle production, accounting for 100% of total volume.

What are the leading exporters of sewing machine needles in Central Asia?

In value terms, Kyrgyzstan and Kazakhstan were the countries with the highest levels of exports in 2021.

What are the leading importers of sewing machine needles in Central Asia?

In value terms, Uzbekistan constitutes the largest market for imported sewing machine needles in Central Asia, comprising 63% of total imports. The second position in the ranking was occupied by Kazakhstan, with a 22% share of total imports. It was followed by Turkmenistan, with a 9.3% share.

What is the average export price for sewing machine needles in Central Asia?

In 2021, the export price in Central Asia amounted to $39 per unit, remaining relatively unchanged against the previous year.

What is the average import price for sewing machine needles in Central Asia?

In 2021, the import price in Central Asia amounted to $67 per unit, falling by -32.2% against the previous year.

This report provides an in-depth analysis of the sewing machine needle market in Central Asia. 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 28945230 - Sewing machine needles

Country coverage:

Kazakhstan
Kyrgyzstan
Mongolia
Tajikistan
Turkmenistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Central Asia, split by region and country
Trade (exports and imports) in Central Asia
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023