Europe: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Europe

The Europe industrial sewing machines (non-automatic) market skyrocketed to $X in 2022, increasing by 37% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +89.6% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Industrial Sewing Machines (Non-Automatic) in Europe

In value terms, industrial sewing machines (non-automatic) production expanded notably to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 30% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports in Europe

After two years of growth, shipments abroad of industrial sewing machines (non-automatic) decreased by -50.2% to X units in 2022. In general, exports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of X units, and then reduced markedly in the following year.

In value terms, industrial sewing machines (non-automatic) exports reduced to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Germany (X units), Spain (X units) and Poland (X units) was the major exporter of industrial sewing machines (non-automatic) in Europe, constituting 53% of total export. The Czech Republic (X units) held the next position in the ranking, followed by the Netherlands (X units) and Italy (X units). All these countries together held approx. 28% share of total exports. Switzerland (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +19.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest industrial sewing machines (non-automatic) supplier in Europe, comprising 42% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 17% share of total exports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+2.1% per year) and Italy (-0.5% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, rising by 87% against the previous year. In general, the export price, however, recorded a noticeable decrease. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports in Europe

After two years of growth, overseas purchases of industrial sewing machines (non-automatic) decreased by -2.7% to X units in 2022. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 30%. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) imports reduced to $X in 2022. The total import value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 17% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X units) and Russia (X units) represented roughly 42% of total imports in 2022. Germany (X units) held a 7.6% share (based on physical terms) of total imports, which put it in second place, followed by Italy (7%), Ukraine (5.9%), Spain (5.2%), the Netherlands (5.2%) and Greece (5.1%). The following importers - Poland (X units), France (X units) and Bosnia and Herzegovina (X units) - together made up 8.6% of total imports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +20.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial sewing machines (non-automatic) importing markets in Europe were Germany ($X), Italy ($X) and Russia ($X), with a combined 52% share of total imports. Poland, the Netherlands, France, Spain, the UK, Ukraine, Bosnia and Herzegovina and Greece lagged somewhat behind, together accounting for a further 27%.

In terms of the main importing countries, Greece, with a CAGR of +21.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price, however, recorded a slight downturn. The pace of growth was the most pronounced in 2017 when the import price increased by 19%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform