Scandinavia: Market for Industrial Automatic Sewing Machines 2025

Market Size for Industrial Automatic Sewing Machines in Scandinavia

In 2022, the Scandinavia industrial automatic sewing machine market increased by 16% to $X, rising for the third year in a row after two years of decline. In general, consumption, however, showed a pronounced decrease. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Industrial Automatic Sewing Machines in Scandinavia

In value terms, industrial automatic sewing machine production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by 17%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Industrial Automatic Sewing Machines

Exports in Scandinavia

In 2022, the amount of industrial automatic sewing machines exported in Scandinavia shrank rapidly to X units, which is down by -70.3% on 2021 figures. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 194% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, industrial automatic sewing machine exports shrank notably to $X in 2022. Overall, exports, however, continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 106%. The level of export peaked at $X in 2021, and then contracted sharply in the following year.

Exports by Country

Sweden was the largest exporting country with an export of around X units, which amounted to 59% of total exports. It was distantly followed by Norway (X units), mixing up a 41% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of -4.6%).

In value terms, Sweden ($X) remains the largest industrial automatic sewing machine supplier in Scandinavia, comprising 86% of total exports. The second position in the ranking was taken by Norway ($X), with a 14% share of total exports.

In Sweden, industrial automatic sewing machine exports expanded at an average annual rate of +1.5% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, picking up by 27% against the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2015 when the export price increased by 140% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Norway totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+11.9%).

Imports of Industrial Automatic Sewing Machines

Imports in Scandinavia

In 2022, approx. X units of industrial automatic sewing machines were imported in Scandinavia; falling by -4.9% on the year before. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2015 when imports increased by 1,074% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, industrial automatic sewing machine imports shrank to $X in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 73% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Norway was the major importing country with an import of around X units, which resulted at 68% of total imports. Finland (X units) held a 21% share (based on physical terms) of total imports, which put it in second place, followed by Sweden (11%).

Imports into Norway decreased at an average annual rate of -6.4% from 2012 to 2022. Finland (-1.2%) and Sweden (-2.2%) illustrated a downward trend over the same period. Finland (+6.9 p.p.) and Sweden (+3 p.p.) significantly strengthened its position in terms of the total imports, while Norway saw its share reduced by -9.9% from 2012 to 2022, respectively.

In value terms, Finland ($X) constitutes the largest market for imported industrial automatic sewing machines in Scandinavia, comprising 64% of total imports. The second position in the ranking was held by Norway ($X), with a 27% share of total imports.

In Finland, industrial automatic sewing machine imports increased at an average annual rate of +1.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (-10.5% per year) and Sweden (-12.1% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2022, dropping by -7.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 667%. The level of import peaked at $X per unit in 2019; however, from 2020 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 Finland ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform