MENA: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in MENA

The MENA's household sewing machine market expanded modestly to $X in 2021, rising by 3.3% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Household Sewing Machine Production in MENA

In value terms, household sewing machine production contracted to $X in 2021 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +110.6% against 2013 indices. The most prominent rate of growth was recorded in 2017 with an increase of 40%. Over the period under review, production reached the peak level at $X in 2020, and then declined in the following year.

Household Sewing Machine Exports

Exports in MENA

After two years of decline, overseas shipments of household sewing machines increased by 9.6% to X units in 2021. Overall, exports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 47% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, household sewing machine exports soared to $X in 2021. Total exports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +29.8% against 2019 indices. The pace of growth was the most pronounced in 2016 when exports increased by 73%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates was the main exporting country with an export of about X units, which finished at 63% of total exports. Iran (X units) ranks second in terms of the total exports with a 16% share, followed by Turkey (9.6%). Oman (X units) and Yemen (X units) followed a long way behind the leaders.

Exports from the United Arab Emirates increased at an average annual rate of +4.7% from 2012 to 2021. At the same time, Yemen (+25.4%) and Turkey (+7.4%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing exporter exported in MENA, with a CAGR of +25.4% from 2012-2021. By contrast, Oman (-4.9%) and Iran (-14.9%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+31 p.p.), Turkey (+5.7 p.p.) and Yemen (+2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Iran (-35.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Iran ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2021, with a combined 89% share of total exports. Oman and Yemen lagged somewhat behind, together comprising a further 4.2%.

Among the main exporting countries, Oman, with a CAGR of +8.0%, saw the highest rates of growth with regard to 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 2021, the export price in MENA amounted to $X per unit, surging by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2016 an increase of 18%. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Iran ($X per unit), while Yemen ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+17.4%), while the other leaders experienced mixed trends in the export price figures.

Household Sewing Machine Imports

Imports in MENA

In 2021, the amount of household sewing machines imported in MENA rose remarkably to X units, surging by 5.6% compared with the year before. In general, imports, however, showed a pronounced reduction. The growth pace was the most rapid in 2014 with an increase of 20%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, household sewing machine imports rose rapidly to $X in 2021. Overall, imports, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2014 when imports increased by 28%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units) and Turkey (X units) were the main importers of household sewing machines in MENA, together accounting for approx. 62% of total imports. Algeria (X units) ranks next in terms of the total imports with an 8.9% share, followed by Iraq (7.7%) and Yemen (5%). The following importers - Egypt (X units) and Qatar (X units) - each recorded a 6.7% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Egypt (with a CAGR of +6.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported household sewing machines in MENA, comprising 45% of total imports. The second position in the ranking was taken by Turkey ($X), with a 20% share of total imports. It was followed by Algeria, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (-3.9% per year) and Algeria (+1.5% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, with an increase of 8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+12.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform