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

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

The Tunisian industrial sewing machines (non-automatic) market shrank sharply to $X in 2022, which is down by -33.2% 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). Overall, consumption saw a abrupt descent. Industrial sewing machines (non-automatic) consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Tunisia

In 2022, exports of industrial sewing machines (non-automatic) from Tunisia surged to X units, rising by 91% on the previous year's figure. Overall, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2014 when exports increased by 478% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, industrial sewing machines (non-automatic) exports soared to $X in 2022. In general, exports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 258%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Algeria (X units) was the main destination for industrial sewing machines (non-automatic) exports from Tunisia, accounting for a 71% share of total exports. Moreover, industrial sewing machines (non-automatic) exports to Algeria exceeded the volume sent to the second major destination, France (X units), fivefold. The third position in this ranking was taken by Romania (X units), with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Algeria totaled +13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.4% per year) and Romania (+7.2% per year).

In value terms, Algeria ($X) emerged as the key foreign market for industrial sewing machines (non-automatic) exports from Tunisia, comprising 72% of total exports. The second position in the ranking was held by France ($X), with a 4% share of total exports. It was followed by Italy, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value to Algeria totaled +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-8.0% per year) and Italy (-14.4% per year).

Export Prices by Country

In 2022, the average industrial sewing machines (non-automatic) export price amounted to $X per unit, falling by -35.7% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 84%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 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 Italy ($X per unit), while the average price for exports to France ($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 the Netherlands (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Tunisia

In 2022, the amount of industrial sewing machines (non-automatic) imported into Tunisia plummeted to X units, waning by -46.7% against the previous year. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 156% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, industrial sewing machines (non-automatic) imports declined remarkably to $X in 2022. Overall, imports saw a pronounced decline. The pace of growth was the most pronounced in 2017 with an increase of 57% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), France (X units) and Germany (X units) were the main suppliers of industrial sewing machines (non-automatic) imports to Tunisia, together comprising 67% of total imports. Italy, Vietnam, Turkey, Australia, Japan and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +43.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and China ($X) were the largest industrial sewing machines (non-automatic) suppliers to Tunisia, together comprising 64% of total imports. Japan, Vietnam, Turkey, France, Australia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 27%.

Among the main suppliers, Vietnam, with a CAGR of +64.2%, 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

In 2022, the average industrial sewing machines (non-automatic) import price amounted to $X per unit, surging by 58% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial sewing machines (non-automatic) import price decreased by -14.4% against 2019 indices. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform