Middle East: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in the Middle East

The Middle Eastern household sewing machine market was estimated at $X in 2021, surging by 2.8% against the previous year. Over the period under review, consumption, however, recorded 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 the Middle East

In value terms, household sewing machine production fell slightly to $X in 2021 estimated in export price. The total production indicated a notable increase 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 +135.1% against 2013 indices. The pace of growth was the most pronounced in 2017 with an increase of 38%. The level of production peaked at $X in 2020, and then contracted slightly in the following year.

Household Sewing Machine Exports

Exports in the Middle East

In 2021, the amount of household sewing machines exported in the Middle East expanded markedly to X units, increasing by 8.5% compared with 2020. Overall, exports, however, continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2016 with an increase of 47%. 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 a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.2% 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 +31.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 73% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, the United Arab Emirates (X units) represented the largest exporter of household sewing machines, constituting 64% of total exports. It was distantly followed by Iran (X units) and Turkey (X units), together making up a 26% share of total exports. The following exporters - Oman (X units) and Yemen (X units) - together made up 4.9% of total exports.

From 2012 to 2021, average annual rates of growth with regard to household sewing machine exports from the United Arab Emirates stood at +4.7%. 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 the Middle East, 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. The United Arab Emirates (+32 p.p.), Turkey (+5.9 p.p.) and Yemen (+2 p.p.) significantly strengthened its position in terms of the total exports, while Iran saw its share reduced by -35.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest household sewing machine supplying countries in the Middle East were the United Arab Emirates ($X), Iran ($X) and Turkey ($X), together comprising 92% of total exports. Oman and Yemen lagged somewhat behind, together comprising a further 4.3%.

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 the Middle East amounted to $X per unit, increasing by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2016 an increase of 18%. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 the Middle East

In 2021, purchases abroad of household sewing machines increased by 4.3% to X units, rising for the second year in a row after five years of decline. Over the period under review, imports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2014 with an increase of 11% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, household sewing machine imports rose significantly to $X in 2021. Overall, imports, however, showed a pronounced decline. The growth pace was the most rapid in 2014 with an increase of 29% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X units) and Turkey (X units) dominates imports structure, together constituting 73% of total imports. It was distantly followed by Iraq (X units) and Yemen (X units), together constituting a 15% share of total imports. Qatar (X units), Iran (X units) and Oman (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Yemen (with a CAGR of +3.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported household sewing machines in the Middle East, comprising 53% of total imports. The second position in the ranking was taken by Turkey ($X), with a 23% share of total imports. It was followed by Iraq, with a 5.7% 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 Iraq (-4.9% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2021, with an increase of 6.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by 16%. Over the period under review, import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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 Oman ($X per unit), while Qatar ($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

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