Colombia: Household Sewing Machine Market 2025

Household Sewing Machine Market Size in Colombia

The Colombian household sewing machine market skyrocketed to $X in 2021, with an increase of 164% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a tangible increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Household Sewing Machine Exports

Exports from Colombia

In 2021, household sewing machine exports from Colombia dropped notably to X units, which is down by -25.4% compared with 2020 figures. Over the period under review, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of 1,050%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, household sewing machine exports contracted to $X in 2021. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 1,229% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X units) and Peru (X units) were the main destinations of household sewing machine exports from Colombia.

From 2012 to 2021, the biggest increases were recorded for Peru (with a CAGR of +15.5%).

In value terms, Ecuador ($X), Peru ($X) and the United States ($X) constituted the largest markets for household sewing machine exported from Colombia worldwide, with a combined 21% share of total exports.

Among the main countries of destination, Peru, with a CAGR of +8.2%, recorded 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, growing by 25% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 an increase of 83%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Peru ($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 (+23.2%), while the prices for the other major destinations experienced a decline.

Household Sewing Machine Imports

Imports into Colombia

In 2021, approx. X units of household sewing machines were imported into Colombia; with an increase of 149% on the previous year. Overall, imports showed a noticeable increase. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, household sewing machine imports skyrocketed to $X in 2021. In general, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of household sewing machine to Colombia, with a 70% share of total imports. Moreover, household sewing machine imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+3.7% per year) and Taiwan (Chinese) (-15.5% per year).

In value terms, the largest household sewing machine suppliers to Colombia were Vietnam ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 72% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +9.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average household sewing machine import price amounted to $X per unit, rising by 8.9% against the previous year. Over the last nine years, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2015 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 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 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 Taiwan (Chinese) (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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