Eastern Europe: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Eastern Europe

The East European household sewing machine market reduced slightly to $X in 2021, waning by -4% against the previous year. Over the period under review, consumption recorded a noticeable descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Household Sewing Machine Production in Eastern Europe

In value terms, household sewing machine production soared to $X in 2021 estimated in export price. In general, production, however, saw a abrupt curtailment. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Household Sewing Machine Exports

Exports in Eastern Europe

Household sewing machine exports soared to X units in 2021, picking up by 17% compared with 2020 figures. Overall, exports posted a prominent increase. The pace of growth appeared the most rapid in 2017 when exports increased by 143% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, household sewing machine exports expanded rapidly to $X in 2021. In general, exports posted a significant expansion. The growth pace was the most rapid in 2017 with an increase of 170% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

Poland was the largest exporter of household sewing machines in Eastern Europe, with the volume of exports accounting for X units, which was near 62% of total exports in 2021. Russia (X units) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (11%) and Belarus (9.5%). Hungary (X units) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of +36.9% from 2012 to 2021. At the same time, Belarus (+68.4%), Russia (+51.3%), Hungary (+50.6%) and the Czech Republic (+12.1%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +68.4% from 2012-2021. Poland (+45 p.p.), Russia (+10 p.p.), Belarus (+9.1 p.p.) and Hungary (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by -7.6% from 2012 to 2021, respectively.

In value terms, Poland ($X) remains the largest household sewing machine supplier in Eastern Europe, comprising 77% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 12% share of total exports. It was followed by Russia, with a 3.8% share.

In Poland, household sewing machine exports increased at an average annual rate of +43.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Czech Republic (+9.5% per year) and Russia (+31.2% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, which is down by -7.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2013 an increase of 31%. Over the period under review, the export prices reached the maximum at $X per unit in 2020, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.5%), while the other leaders experienced a decline in the export price figures.

Household Sewing Machine Imports

Imports in Eastern Europe

In 2021, the amount of household sewing machines imported in Eastern Europe declined to X units, therefore, remained relatively stable against 2020. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 71%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, household sewing machine imports skyrocketed to $X in 2021. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by 109%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Russia was the main importing country with an import of around X units, which reached 43% of total imports. Poland (X units) held the second position in the ranking, distantly followed by the Czech Republic (X units) and Belarus (X units). All these countries together took near 41% share of total imports. The following importers - Romania (X units), Hungary (X units) and Ukraine (X units) - each finished at an 11% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +18.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 86% share of total imports.

Poland, with a CAGR of +30.7%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2021, rising by 25% against the previous year. Import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, household sewing machine import price increased by +25.8% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 28% against the previous year. Over the period under review, import prices attained the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+10.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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