Saudi Arabia: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Saudi Arabia

After two years of growth, the Saudi household sewing machine market decreased by -1.3% to $X in 2021. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Household Sewing Machine Production in Saudi Arabia

In value terms, household sewing machine production reached $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a moderate expansion. The pace of growth was the most pronounced in 2017 with an increase of 39% against the previous year. Household sewing machine production peaked at $X in 2019; afterwards, it flattened through to 2021.

Household Sewing Machine Exports

Exports from Saudi Arabia

In 2021, household sewing machine exports from Saudi Arabia soared to X units, growing by 349% against the previous year's figure. In general, exports posted a slight expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 801%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, household sewing machine exports surged to $X in 2021. Over the period under review, exports, however, saw a slight slump. The most prominent rate of growth was recorded in 2015 when exports increased by 481%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Ethiopia (X units), Kenya (X units) and Gambia (X units) were the main destinations of household sewing machine exports from Saudi Arabia, with a combined 52% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ethiopia (with a CAGR of +47.0%), while the other leaders experienced more modest paces of growth.

In value terms, Ethiopia ($X), the United States ($X) and Thailand ($X) were the largest markets for household sewing machine exported from Saudi Arabia worldwide, with a combined 72% share of total exports.

Among the main countries of destination, Ethiopia, with a CAGR of +51.0%, 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

The average household sewing machine export price stood at $X per unit in 2021, rising by 27% against the previous year. In general, the export price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2018 an increase of 62%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Household Sewing Machine Imports

Imports into Saudi Arabia

In 2017, overseas purchases of household sewing machines decreased by -0.1% to X units, falling for the second year in a row after four years of growth. Overall, total imports indicated a strong increase from 2012 to 2017: its volume increased at an average annual rate of +11.0% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, imports decreased by -0.2% against 2015 indices. The pace of growth was the most pronounced in 2014 with an increase of 46%. Imports peaked at X units in 2015; however, from 2016 to 2017, imports stood at a somewhat lower figure.

In value terms, household sewing machine imports reached $X in 2017. In general, total imports indicated a strong expansion from 2012 to 2017: its value increased at an average annual rate of +14.9% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, imports increased by +100.6% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 63%. Imports peaked in 2017 and are expected to retain growth in the immediate term.

Imports by Country

Vietnam (X units) and China (X units) were the main suppliers of household sewing machine imports to Saudi Arabia.

From 2012 to 2017, the biggest increases were recorded for Vietnam (with a CAGR of +83.2%).

In value terms, Vietnam ($X) constituted the largest supplier of household sewing machines to Saudi Arabia, comprising 62% of total imports. The second position in the ranking was held by China ($X), with a 20% share of total imports.

From 2012 to 2017, the average annual rate of growth in terms of value from Vietnam stood at +85.0%.

Import Prices by Country

The average household sewing machine import price stood at $X per unit in 2017, surging by 3.6% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2017: its price increased at an average annual rate of +3.5% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, household sewing machine import price decreased by -25.8% against 2013 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 61%. As a result, import price attained the peak level of $X per unit. From 2014 to 2017, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2017, the most notable rate of growth in terms of prices was attained by Vietnam (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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