Tunisia: Sewing Machine Furniture Market 2024

Sewing Machine Furniture Market Size in Tunisia

In 2022, the Tunisian sewing machine furniture market increased by 26% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed resilient growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Sewing Machine Furniture Production in Tunisia

In value terms, sewing machine furniture production dropped sharply to $X in 2022 estimated in export price. Overall, production, however, recorded a significant increase. The growth pace was the most rapid in 2014 when the production volume increased by 306%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Sewing Machine Furniture Exports

Exports from Tunisia

In 2022, after two years of decline, there was significant decline in overseas shipments of furniture, bases and covers for sewing machines, when their volume decreased by -12.2% to X tons. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of 83% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sewing machine furniture exports soared to $X in 2022. Over the period under review, exports, however, enjoyed a mild increase. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X kg), Algeria (X kg) and Ethiopia (X kg) were the main destinations of sewing machine furniture exports from Tunisia, with a combined 7.1% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +64.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sewing machine furniture exported from Tunisia were France ($X), Algeria ($X) and Ethiopia ($X), with a combined 1% share of total exports.

France, with a CAGR of +52.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sewing machine furniture export price stood at $X per ton in 2022, with an increase of 72% against the previous year. In general, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 190%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Morocco ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.

Sewing Machine Furniture Imports

Imports into Tunisia

In 2022, purchases abroad of furniture, bases and covers for sewing machines increased by 25% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a pronounced downturn. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sewing machine furniture imports surged to $X in 2022. Overall, imports saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of sewing machine furniture imports to Tunisia, with a combined 68% share of total imports. France, Japan, Taiwan (Chinese) and Turkey lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +17.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X), China ($X) and Germany ($X) appeared to be the largest sewing machine furniture suppliers to Tunisia, together accounting for 56% of total imports. Italy, Taiwan (Chinese), France and Turkey lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, Turkey, with a CAGR of +10.6%, 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

In 2022, the average sewing machine furniture import price amounted to $X per ton, with a decrease of -4.7% against the previous year. Over the period under review, the import price, however, showed a pronounced expansion. The growth pace was the most rapid in 2013 an increase of 38%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform