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

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

The German industrial sewing machines (non-automatic) market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption enjoyed a remarkable increase. Industrial sewing machines (non-automatic) consumption peaked in 2022 and is likely to see gradual growth in years to come.

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

In value terms, industrial sewing machines (non-automatic) production contracted dramatically to $X in 2022 estimated in export price. Overall, production, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Germany

Industrial sewing machines (non-automatic) exports from Germany contracted modestly to X units in 2022, dropping by -2.1% against the previous year's figure. Over the period under review, exports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, industrial sewing machines (non-automatic) exports reduced to $X in 2022. Overall, exports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X units), China (X units) and Turkey (X units) were the main destinations of industrial sewing machines (non-automatic) exports from Germany, together accounting for 42% of total exports. France, Poland, India, Tunisia, Russia, the United States, the Netherlands, Portugal, Serbia and Spain lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +11.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial sewing machines (non-automatic) exported from Germany were Italy ($X), China ($X) and Turkey ($X), with a combined 39% share of total exports. The United States, Poland, France, India, the Netherlands, Portugal, Russia, Tunisia, Spain and Serbia lagged somewhat behind, together accounting for a further 36%.

India, with a CAGR of +8.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 -3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 20%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Serbia ($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 the United States (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Germany

In 2022, purchases abroad of industrial sewing machines (non-automatic) increased by 3.8% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 30%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the Czech Republic (X units) and Japan (X units) were the main suppliers of industrial sewing machines (non-automatic) imports to Germany, together comprising 89% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of -0.7%), while imports for the other leaders experienced a decline.

In value terms, the Czech Republic ($X), China ($X) and Japan ($X) constituted the largest industrial sewing machines (non-automatic) suppliers to Germany, with a combined 86% share of total imports. The United States and Vietnam lagged somewhat behind, together accounting for a further 7.9%.

In terms of the main suppliers, Vietnam, with a CAGR of +6.8%, saw the highest growth rate of 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 average industrial sewing machines (non-automatic) import price amounted to $X per unit, picking up by 19% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average import price increased by 26%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :