Poland: Industrial Sewing Machine Market 2024

Industrial Sewing Machine Market Size in Poland

The Polish industrial sewing machine market skyrocketed to $X in 2022, growing by 206% against the previous year. Over the period under review, consumption, however, recorded a mild reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Industrial Sewing Machine Production in Poland

In value terms, industrial sewing machine production expanded sharply to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2018 with an increase of 323%. Industrial sewing machine production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Industrial Sewing Machine Exports

Exports from Poland

In 2022, after two years of growth, there was significant decline in overseas shipments of industrial sewing machines, when their volume decreased by -63.9% to X units. Overall, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 174% against the previous year. The exports peaked at X units in 2021, and then shrank significantly in the following year.

In value terms, industrial sewing machine exports reduced notably to $X in 2022. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by 75% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell markedly in the following year.

Exports by Country

Germany (X units) was the main destination for industrial sewing machine exports from Poland, with a 33% share of total exports. Moreover, industrial sewing machine exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), sevenfold. The third position in this ranking was taken by Norway (X units), with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +30.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+11.2% per year) and Norway (+75.5% per year).

In value terms, the largest markets for industrial sewing machine exported from Poland were Germany ($X), Romania ($X) and Ukraine ($X), together accounting for 35% of total exports. Mexico, Hungary, the Czech Republic, Lithuania, Spain, Sweden, the UK, Estonia, Switzerland and Norway lagged somewhat behind, together accounting for a further 29%.

Among the main countries of destination, Mexico, with a CAGR of +85.1%, saw the highest growth rate of 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 2022, the average industrial sewing machine export price amounted to $X per unit, surging by 78% against the previous year. In general, the export price, however, recorded a abrupt setback. Over the period under review, the average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+4.9%), while the prices for the other major destinations experienced a decline.

Industrial Sewing Machine Imports

Imports into Poland

Industrial sewing machine imports into Poland dropped significantly to X units in 2022, which is down by -40.3% compared with 2021 figures. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 83%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, industrial sewing machine imports shrank to $X in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +3.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 34% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of industrial sewing machine to Poland, with a 75% share of total imports. Moreover, industrial sewing machine imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), ninefold. Germany (X units) ranked third in terms of total imports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.8% per year) and Germany (+4.4% per year).

In value terms, China ($X), Germany ($X) and the Czech Republic ($X) appeared to be the largest industrial sewing machine suppliers to Poland, together comprising 79% of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +25.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average industrial sewing machine import price stood at $X per unit in 2022, with an increase of 58% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the Czech Republic ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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