EU: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in the EU

The EU household sewing machine market declined modestly to $X in 2021, waning by -4.1% against the previous year. The market value increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then declined slightly in the following year.

Household Sewing Machine Production in the EU

In value terms, household sewing machine production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt contraction. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Household Sewing Machine Exports

Exports in the EU

In 2021, the amount of household sewing machines exported in the European Union contracted modestly to X units, remaining constant against the year before. In general, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of 26%. The volume of export peaked at X units in 2020, and then contracted in the following year.

In value terms, household sewing machine exports reached $X in 2021. Overall, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2020 when exports increased by 35%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, Germany (X units), distantly followed by Poland (X units), the Netherlands (X units) and Spain (X units) represented the main exporters of household sewing machines, together making up 84% of total exports. The Czech Republic (X units), Belgium (X units) and Denmark (X units) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +36.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2021, together comprising 79% of total exports.

Among the main exporting countries, Poland, with a CAGR of +43.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2021, surging by 2.6% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 10% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Belgium ($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 more modest paces of growth.

Household Sewing Machine Imports

Imports in the EU

Household sewing machine imports contracted to X units in 2021, falling by -2.3% compared with the previous year's figure. In general, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 37%. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, household sewing machine imports rose rapidly to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +9.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +119.5% against 2012 indices. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Germany (X units), distantly followed by Spain (X units), France (X units), Poland (X units), the Netherlands (X units) and Italy (X units) represented the largest importers of household sewing machines, together creating 82% of total imports. The Czech Republic (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +22.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported household sewing machines in the European Union, comprising 36% of total imports. The second position in the ranking was taken by Poland ($X), with a 13% share of total imports. It was followed by France, with a 12% share.

In Germany, household sewing machine imports expanded at an average annual rate of +6.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+30.7% per year) and France (+11.1% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per unit, increasing by 11% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Spain ($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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