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

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

The French industrial sewing machines (non-automatic) market surged to $X in 2022, picking up by 177% against the previous year. Overall, consumption showed significant growth. 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 France

In value terms, industrial sewing machines (non-automatic) production stood at less than $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from France

In 2022, overseas shipments of industrial sewing machines (non-automatic) increased by 38% to X units, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by 48% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, industrial sewing machines (non-automatic) exports shrank markedly to $X in 2022. In general, exports, however, recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 74% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Tunisia (X units), Italy (X units) and Burkina Faso (X units) were the main destinations of industrial sewing machines (non-automatic) exports from France, together comprising 47% of total exports. Algeria, French Polynesia, Morocco, Germany, New Caledonia, Turkey, Belgium, Spain, the United States and Madagascar lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by French Polynesia (with a CAGR of +82.9%), while the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), Tunisia ($X) and Morocco ($X) constituted the largest markets for industrial sewing machines (non-automatic) exported from France worldwide, with a combined 47% share of total exports. Germany, Turkey, French Polynesia, the United States, New Caledonia, Burkina Faso, Madagascar, Italy, Belgium and Spain lagged somewhat behind, together accounting for a further 34%.

In terms of the main countries of destination, French Polynesia, with a CAGR of +62.3%, saw the highest growth rate of 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

In 2022, the average industrial sewing machines (non-automatic) export price amounted to $X per unit, which is down by -42.2% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 62%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+7.5%), while the prices for the other major destinations experienced a decline.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into France

Industrial sewing machines (non-automatic) imports into France contracted markedly to X units in 2022, with a decrease of -39.8% on the year before. Overall, imports, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2014 with an increase of 79% against the previous year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, industrial sewing machines (non-automatic) imports soared to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of industrial sewing machines (non-automatic) imports to France, together comprising 69% of total imports. The Netherlands, Taiwan (Chinese), Spain, Poland, Japan, Thailand and Belgium lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +66.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of industrial sewing machines (non-automatic) to France, comprising 57% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by the Netherlands, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +32.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+18.5% per year) and the Netherlands (+15.6% per year).

Import Prices by Country

The average industrial sewing machines (non-automatic) import price stood at $X per unit in 2022, surging by 101% against the previous year. Over the period under review, the import price enjoyed buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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