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

Market Size for Industrial Sewing Machines (Non-Automatic) in Romania

In 2022, the Romanian industrial sewing machines (non-automatic) market increased by 63% to $X for the first time since 2017, thus ending a four-year declining trend. Overall, consumption, however, recorded a mild contraction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Industrial Sewing Machines (Non-Automatic) in Romania

In value terms, industrial sewing machines (non-automatic) production contracted to $X in 2022 estimated in export price. Overall, production showed a mild reduction. The most prominent rate of growth was recorded in 2013 with an increase of 6.6%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Romania

In 2022, approx. X units of industrial sewing machines (non-automatic) were exported from Romania; falling by -40.5% against the previous year. In general, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 211%. As a result, the exports attained the peak of X units, and then reduced dramatically in the following year.

In value terms, industrial sewing machines (non-automatic) exports skyrocketed to $X in 2022. Overall, total exports indicated buoyant 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, exports increased by +92.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Moldova (X units), Serbia (X units) and Italy (X units) were the main destinations of industrial sewing machines (non-automatic) exports from Romania, with a combined 66% share of total exports. Germany, Bulgaria, Hungary, Ukraine, Poland, France, North Macedonia, Morocco and Egypt lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +56.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial sewing machines (non-automatic) exported from Romania were Moldova ($X), Italy ($X) and Serbia ($X), together comprising 61% of total exports. North Macedonia, Bulgaria, Ukraine, Germany, Hungary, France, Poland, Morocco and Egypt lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Poland, with a CAGR of +51.6%, 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 2022, the average industrial sewing machines (non-automatic) export price amounted to $X per unit, surging by 93% against the previous year. In general, the export price, however, saw a noticeable downturn. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($X per unit), while the average price for exports to Egypt ($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 Hungary (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Romania

In 2022, after four years of decline, there was growth in purchases abroad of industrial sewing machines (non-automatic), when their volume increased by 2.3% to X units. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 151% against the previous year. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) imports reached $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 110% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of industrial sewing machines (non-automatic) to Romania, with a 49% share of total imports. Moreover, industrial sewing machines (non-automatic) imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Turkey (X units), with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.2% per year) and Turkey (+14.3% per year).

In value terms, the largest industrial sewing machines (non-automatic) suppliers to Romania were Germany ($X), China ($X) and the Netherlands ($X), together accounting for 65% of total imports. Italy, Turkey and Poland lagged somewhat behind, together comprising a further 30%.

In terms of the main suppliers, Poland, with a CAGR of +11.5%, recorded 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 machines (non-automatic) import price stood at $X per unit in 2022, approximately mirroring the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 38%. The import price peaked at $X per unit in 2012; however, from 2013 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 Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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