United Arab Emirates: Industrial Sewing Machine Market 2024

Industrial Sewing Machine Market Size in the United Arab Emirates

In 2022, the industrial sewing machine market in the United Arab Emirates decreased by -31.9% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, enjoyed a resilient increase. As a result, consumption attained the peak level of $X, and then contracted markedly in the following year.

Industrial Sewing Machine Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of industrial sewing machines decreased by -4% to X units, falling for the fourth consecutive year after two years of growth. Overall, exports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2015 when exports increased by 478% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, industrial sewing machine exports dropped to $X in 2022. In general, exports recorded a slight slump. The pace of growth was the most pronounced in 2015 with an increase of 448% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Rwanda (X units) was the main destination for industrial sewing machine exports from the United Arab Emirates, with a 50% share of total exports. Moreover, industrial sewing machine exports to Rwanda exceeded the volume sent to the second major destination, Mozambique (X units), threefold. Zimbabwe (X units) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda stood at +32.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+48.7% per year) and Zimbabwe (+21.9% per year).

In value terms, Rwanda ($X), India ($X) and Zimbabwe ($X) were the largest markets for industrial sewing machine exported from the United Arab Emirates worldwide, together accounting for 69% of total exports. Mozambique, Mauritius, Uzbekistan, Tanzania, France and Burundi lagged somewhat behind, together comprising a further 14%.

Among the main countries of destination, Uzbekistan, with a CAGR of +322.2%, 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 industrial sewing machine export price stood at $X per unit in 2022, with an increase of 2.7% against the previous year. In general, the export price, however, saw a noticeable reduction. The growth pace was the most rapid in 2018 when the average export price increased by 5%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Mozambique ($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 Uzbekistan (+99.9%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Sewing Machine Imports

Imports into the United Arab Emirates

In 2022, after three years of growth, there was significant decline in purchases abroad of industrial sewing machines, when their volume decreased by -30.2% to X units. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 218% against the previous year. As a result, imports attained the peak of X units, and then reduced remarkably in the following year.

In value terms, industrial sewing machine imports shrank notably to $X in 2022. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 199% against the previous year. As a result, imports attained the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest industrial sewing machine supplier to the United Arab Emirates, with a 71% share of total imports. Moreover, industrial sewing machine imports from China exceeded the figures recorded by the second-largest supplier, India (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from China totaled +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.3% per year) and Singapore (-7.6% per year).

In value terms, China ($X) constituted the largest supplier of industrial sewing machines to the United Arab Emirates, comprising 75% of total imports. The second position in the ranking was held by Singapore ($X), with a 4.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-6.6% per year) and India (-5.0% per year).

Import Prices by Country

In 2022, the average industrial sewing machine import price amounted to $X per unit, shrinking by -4.4% against the previous year. In general, the import price saw a deep setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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