Iran: Sewing Machine Needle Market 2025

Sewing Machine Needle Market Size in Iran

The Iranian sewing machine needle market declined sharply to $X in 2022, with a decrease of -31.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sewing Machine Needle Exports

Exports from Iran

In 2022, shipments abroad of sewing machine needles increased by 24% to X units, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 when exports increased by 316%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, sewing machine needle exports soared to $X in 2022. Over the period under review, exports showed temperate growth. The pace of growth was the most pronounced in 2018 with an increase of 127%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Georgia (X units) was the main destination for sewing machine needle exports from Iran, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Georgia totaled +8.3%.

In value terms, Georgia ($X) emerged as the key foreign market for sewing machine needles exports from Iran.

From 2012 to 2022, the average annual rate of growth in terms of value to Georgia amounted to +3.6%.

Export Prices by Country

The average sewing machine needle export price stood at $X per thousand units in 2022, with an increase of 8% against the previous year. Over the period under review, the export price, however, showed a perceptible descent. The pace of growth was the most pronounced in 2020 when the average export price increased by 286% against the previous year. Over the period under review, the average export prices reached the maximum at $X per thousand units in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to -4.3% per year.

Sewing Machine Needle Imports

Imports into Iran

In 2022, the amount of sewing machine needles imported into Iran declined sharply to X units, reducing by -31.9% against 2021. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 255% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sewing machine needle imports dropped markedly to $X in 2022. In general, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 162%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), China (X units) and Japan (X units) were the main suppliers of sewing machine needle imports to Iran, with a combined 94% share of total imports. These countries were followed by Germany, which accounted for a further 4.7%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +36.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest sewing machine needle suppliers to Iran were the United Arab Emirates ($X), Japan ($X) and Germany ($X), together accounting for 81% of total imports.

Germany, with a CAGR of +27.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average sewing machine needle import price amounted to $X per thousand units, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a pronounced slump. The growth pace was the most rapid in 2014 when the average import price increased by 36%. As a result, import price reached the peak level of $X per thousand units. From 2015 to 2022, the average import prices remained at a somewhat 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 Germany ($X per thousand units), while the price for China ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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