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Spain - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Jan 26, 2023
Spain's Household Sewing Machine Price Increases 9% to $65.7 per Unit
Spain Household Sewing Machine Import Price in October 2022
In October 2022, the household sewing machine price stood at $65.7 per unit (CIF, Spain), picking up by 9.2% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2022 an increase of 54% month-to-month. As a result, import price reached the peak level of $101 per unit. From June 2022 to October 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2022, the country with the highest price was Taiwan (Chinese) ($128 per unit), while the price for China ($56.8 per unit) was amongst the lowest.
From January 2022 to October 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Spain Household Sewing Machine Imports
In October 2022, approximately 45K units of household sewing machines were imported into Spain; with an increase of 78% on September 2022. Overall, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in August 2022 when imports increased by 155% against the previous month. As a result, imports reached the peak of 54K units. From September 2022 to October 2022, the growth of imports remained at a somewhat lower figure.
In value terms, household sewing machine imports soared to $2.9M (IndexBox estimates) in October 2022. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in July 2022 with an increase of 139% month-to-month. Over the period under review, imports reached the peak figure at 3M units in February 2022; however, from March 2022 to October 2022, imports stood at a somewhat lower figure.
Spain Household Sewing Machine Imports by Country
In October 2022, the Netherlands (25K units) constituted the largest supplier of household sewing machine to Spain, accounting for a 55% share of total imports. Moreover, household sewing machine imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Vietnam (9.3K units), threefold. The third position in this ranking was held by Germany (4.4K units), with a 9.8% share.
From January 2022 to October 2022, the average monthly growth rate of volume from the Netherlands totaled +135.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (+2.2% per month) and Germany (+33.4% per month).
In value terms, the Netherlands ($1.6M) constituted the largest supplier of household sewing machine to Spain, comprising 53% of total imports. The second position in the ranking was held by Vietnam ($588K), with a 20% share of total imports. It was followed by Germany, with a 12% share.
From January 2022 to October 2022, the average monthly rate of growth in terms of value from the Netherlands totaled +99.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (+4.6% per month) and Germany (+38.2% per month).
Household Sewing Machine Market Overview
The household sewing machine market in Spain is growing with a lot of potentials. The main factors driving this growth are the increasing popularity of sewing among young people and the rising disposable incomes.
As sewing becomes more popular, there is a growing demand for machines that can handle a variety of fabrics and materials. One of the main reasons for the growth is the increasing popularity of DIY and home crafts. This trend has been driven by a number of factors, including the rise of social media and the growing popularity of blogs and online tutorials. More people are now interested in trying their hand at crafting and many see owning a sewing machine as a necessary investment.
This has led to a rise in households purchasing sewing machines. In addition, as incomes rise, people are willing to spend more on quality sewing machines that will last longer and provide a better sewing experience.
This report provides an in-depth analysis of the household sewing machine market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• Prodcom 28944000 - Domestic sewing machines (excluding furniture, bases and covers)
Country coverage:
• Spain
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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