Tunisia: Market for Industrial Automatic Sewing Machines 2024

Market Size for Industrial Automatic Sewing Machines in Tunisia

The Tunisian industrial automatic sewing machine market declined slightly to $X in 2022, falling by -4.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a prominent increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Exports of Industrial Automatic Sewing Machines

Exports from Tunisia

In 2022, the amount of industrial automatic sewing machines exported from Tunisia soared to X units, increasing by 150% against the year before. In general, exports, however, continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 163% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, industrial automatic sewing machine exports skyrocketed to $X in 2022. Over the period under review, exports posted a modest expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 334%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X units), the Netherlands (X units) and Portugal (X units) were the main destinations of industrial automatic sewing machine exports from Tunisia, together accounting for 85% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +23.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Portugal ($X) and the Netherlands ($X) constituted the largest markets for industrial automatic sewing machine exported from Tunisia worldwide, with a combined 96% share of total exports.

The Netherlands, with a CAGR of +39.1%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average industrial automatic sewing machine export price amounted to $X per unit, surging by 53% against the previous year. In general, the export price recorded a notable increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 148%. The export price peaked at $X per unit in 2019; however, from 2020 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 Portugal ($X per unit), while the average price for exports to Italy ($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 Portugal (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Automatic Sewing Machines

Imports into Tunisia

In 2022, imports of industrial automatic sewing machines into Tunisia skyrocketed to X units, rising by 22% compared with 2021 figures. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 60%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, industrial automatic sewing machine imports declined notably to $X in 2022. Over the period under review, imports recorded buoyant growth. The growth pace was the most rapid in 2018 when imports increased by 69%. Imports peaked at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of industrial automatic sewing machine to Tunisia, with a 75% share of total imports. Moreover, industrial automatic sewing machine imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X units), fivefold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +57.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+3.2% per year) and Taiwan (Chinese) (+27.0% per year).

In value terms, China ($X) constituted the largest supplier of industrial automatic sewing machines to Tunisia, comprising 47% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.6% share of total imports. It was followed by Canada, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +53.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.0% per year) and Canada (+48.8% per year).

Import Prices by Country

In 2022, the average industrial automatic sewing machine import price amounted to $X per unit, dropping by -33.2% against the previous year. Over the period under review, the import price recorded a mild curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 68%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform