Greece - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Greece - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Industrial Sewing Machines (Non-Automatic) in Greece - 2023

Contents:

  1. Price for Industrial Sewing Machines (Non-Automatic) in Greece (CIF) - 2023
  2. Price for Industrial Sewing Machines (Non-Automatic) in Greece (FOB) - 2022
  3. Imports of Industrial Sewing Machines (Non-Automatic) in Greece
  4. Exports of Industrial Sewing Machines (Non-Automatic) in Greece

Price for Industrial Sewing Machines (Non-Automatic) in Greece (CIF) - 2023

The average industrial sewing machines (non-automatic) import price stood at $888 per unit in August 2023, rising by 24% against the previous month. Over the period under review, the import price recorded a slight expansion. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 192% month-to-month. As a result, import price reached the peak level of $2,068 per unit. From January 2023 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($642K per unit), while the price for India ($264 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+55.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Industrial Sewing Machines (Non-Automatic) in Greece (FOB) - 2022

In 2022, the average industrial sewing machines (non-automatic) export price amounted to $501 per unit, rising by 26% against the previous year. In general, the export price enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 90%. Over the period under review, the average export prices attained the peak figure at $772 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Italy ($2,769 per unit), while the average price for exports to Estonia ($5.4 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 India (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Sewing Machines (Non-Automatic) in Greece

In 2022, after three years of growth, there was significant decline in overseas purchases of industrial sewing machines (non-automatic), when their volume decreased by -18.5% to 39K units. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of 48K units, and then shrank significantly in the following year.

In value terms, industrial sewing machines (non-automatic) imports contracted dramatically to $1.5M in 2022. Overall, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +10.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. As a result, imports attained the peak of $2.1M, and then declined sharply in the following year.

Import of Industrial Sewing Machines (Non-Automatic) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5275958086869.2%
Germany20016128730114.6%
Italy269226244166-14.9%
Netherlands79.214122915224.3%
Poland15.856.452.830.624.6%
Others259189515151-16.5%
Total1,3491,3692,1371,4863.3%

Top Suppliers of Industrial Sewing Machines (Non-Automatic) to Greece in 2022:

  1. China (25.9K units)
  2. Germany (9.5K units)
  3. Poland (1.3K units)
  4. Italy (0.9K units)
  5. Netherlands (0.6K units)

Exports of Industrial Sewing Machines (Non-Automatic) in Greece

After three years of growth, overseas shipments of industrial sewing machines (non-automatic) decreased by -63.9% to 334 units in 2022. Overall, exports, however, continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2020 when exports increased by 82% against the previous year. The exports peaked at 925 units in 2021, and then contracted significantly in the following year.

In value terms, industrial sewing machines (non-automatic) exports fell remarkably to $167K in 2022. In general, exports faced a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 41%. The exports peaked at $366K in 2021, and then shrank sharply in the following year.

Export of Industrial Sewing Machines (Non-Automatic) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Albania69.918.413230.9-23.8%
Netherlands20.46.50.526.59.1%
North Macedonia12.514029.120.017.0%
Cyprus28.22.611.419.5-11.6%
Italy3.4N/A1.919.478.7%
Bulgaria51.488.113718.2-29.3%
EstoniaN/AN/AN/A0.80%
SerbiaN/AN/A18.6N/A0%
GhanaN/AN/A2.7N/A0%
Others45.270.932.631.8-11.1%
Total231326366167-10.2%

Top Export Markets for Industrial Sewing Machines (Non-Automatic) from Greece in 2022:

  1. Estonia (150.0 units)
  2. Cyprus (53.0 units)
  3. Bulgaria (52.0 units)
  4. Albania (36.0 units)
  5. Netherlands (17.0 units)
  6. North Macedonia (12.0 units)
  7. Italy (7.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in Greece. 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 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)

Country coverage:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...

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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...

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