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

Market Size for Industrial Sewing Machines (Non-Automatic) in the Middle East

After two years of growth, the Middle Eastern industrial sewing machines (non-automatic) market decreased by -5.2% to $X in 2022. Overall, consumption, however, faced a precipitous shrinkage. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Industrial Sewing Machines (Non-Automatic) in the Middle East

In value terms, industrial sewing machines (non-automatic) production reduced to $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -24.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 50%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports in the Middle East

In 2022, approx. X units of industrial sewing machines (non-automatic) were exported in the Middle East; surging by 4.6% compared with the previous year's figure. In general, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2017 when exports increased by 222%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, industrial sewing machines (non-automatic) exports soared to $X in 2022. Over the period under review, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 40% 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 remained at a lower figure.

Exports by Country

Turkey prevails in exports structure, recording X units, which was near 90% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units), generating a 7.4% share of total exports.

Turkey was also the fastest-growing in terms of the industrial sewing machines (non-automatic) exports, with a CAGR of +7.6% from 2012 to 2022. The United Arab Emirates experienced a relatively flat trend pattern. While the share of Turkey (+11 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (-5.3 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest industrial sewing machines (non-automatic) supplier in the Middle East, comprising 95% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled +10.5%.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, picking up by 14% against the previous year. Overall, the export price enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2020 when the export price increased by 220%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.7%).

Imports of Industrial Sewing Machines (Non-Automatic)

Imports in the Middle East

In 2022, purchases abroad of industrial sewing machines (non-automatic) increased by 3% to X units, rising for the third year in a row after two years of decline. Total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.9% 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 +110.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, industrial sewing machines (non-automatic) imports surged to $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +131.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 47% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

Turkey represented the key importing country with an import of around X units, which recorded 48% of total imports. The United Arab Emirates (X units) held a 27% share (based on physical terms) of total imports, which put it in second place, followed by Iran (8.2%) and Jordan (4.9%). The following importers - Iraq (X units) and Yemen (X units) - together made up 6.4% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Yemen (with a CAGR of +22.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported industrial sewing machines (non-automatic) in the Middle East, comprising 81% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 4.9% share of total imports. It was followed by Jordan, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at +4.6%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-1.8% per year) and Jordan (+4.4% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, with an increase of 15% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-1.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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