Greece: Sewing Machine Furniture Market 2025

Sewing Machine Furniture Market Size in Greece

The Greek sewing machine furniture market expanded modestly to $X in 2022, with an increase of 2.7% against the previous year. In general, consumption continues to indicate a significant increase. Over the period under review, the market reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Sewing Machine Furniture Production in Greece

In value terms, sewing machine furniture production rose slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 131%. Sewing machine furniture production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Sewing Machine Furniture Exports

Exports from Greece

In 2022, the amount of furniture, bases and covers for sewing machines exported from Greece shrank remarkably to X tons, falling by -43.8% on the previous year's figure. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 144%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, sewing machine furniture exports shrank significantly to $X in 2022. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of 71% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons), Italy (X kg) and Albania (X kg) were the main destinations of sewing machine furniture exports from Greece, with a combined 75% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +36.7%), while the other leaders experienced mixed trend patterns.

In value terms, France ($X), Albania ($X) and Italy ($X) constituted the largest markets for sewing machine furniture exported from Greece worldwide, together comprising 78% of total exports.

Italy, with a CAGR of +28.7%, saw the highest growth rate of 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

The average sewing machine furniture export price stood at $X per ton in 2022, surging by 27% against the previous year. In general, the export price saw prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 72% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sewing Machine Furniture Imports

Imports into Greece

In 2022, approx. X tons of furniture, bases and covers for sewing machines were imported into Greece; rising by 36% against 2021 figures. In general, imports showed perceptible growth. The pace of growth was the most pronounced in 2014 with an increase of 85% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sewing machine furniture imports skyrocketed to $X in 2022. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 98% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest sewing machine furniture supplier to Greece, with a 77% share of total imports. Moreover, sewing machine furniture imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fivefold. Italy (X tons) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-4.2% per year) and Italy (-11.3% per year).

In value terms, the largest sewing machine furniture suppliers to Greece were China ($X), Taiwan (Chinese) ($X) and Italy ($X), together comprising 83% of total imports.

China, with a CAGR of +24.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average sewing machine furniture import price amounted to $X per ton, which is down by -8.2% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sewing machine furniture import price increased by +27.6% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 88% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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