Luxembourg - Sewing Machine Needles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Needle Price in Luxembourg - 2023
Contents:
- Sewing Machine Needle Price in Luxembourg (CIF) - 2022
- Sewing Machine Needle Price in Luxembourg (FOB) - 2022
- Sewing Machine Needle Imports in Luxembourg
- Sewing Machine Needle Exports in Luxembourg
Sewing Machine Needle Price in Luxembourg (CIF) - 2022
In 2022, the average sewing machine needle import price amounted to $11 per thousand units, surging by 25% against the previous year. Over the period under review, the import price, however, recorded a noticeable curtailment. The import price peaked at $14 per thousand units in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Czech Republic ($12 per thousand units) and France ($12 per thousand units), while the price for Belgium ($11 per thousand units) and Germany ($11 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.9%), while the prices for the other major suppliers experienced a decline.
Sewing Machine Needle Price in Luxembourg (FOB) - 2022
The average sewing machine needle export price stood at $35 per thousand units in 2022, rising by 16% against the previous year. In general, the export price, however, saw a abrupt contraction. Over the period under review, the average export prices hit record highs at $40 per thousand units in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($48 per thousand units), while the average price for exports to France stood at $8.3 per thousand units.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+13.9%).
Sewing Machine Needle Imports in Luxembourg
In 2022, supplies from abroad of sewing machine needles decreased by -60.4% to 639K units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 295% against the previous year. As a result, imports reached the peak of 2.1M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sewing machine needle imports dropped markedly to $7.3K in 2022. In general, imports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2020 when imports increased by 193% against the previous year. As a result, imports reached the peak of $20K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Sewing Machine Needle in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.8 | 6.5 | 3.9 | 3.8 | 10.7% |
| Germany | 2.6 | 3.5 | 6.6 | 2.4 | -2.6% |
| Belgium | 0.4 | N/A | 0.7 | 0.3 | -9.1% |
| France | 0.7 | 1.8 | 0.4 | N/A | -24.4% |
| Czech Republic | N/A | 7.2 | N/A | N/A | 0% |
| Others | 0.3 | 1.1 | 3.1 | 0.7 | 32.6% |
| Total | 6.8 | 20.0 | 14.7 | 7.3 | 2.4% |
Top Suppliers of Sewing Machine Needle to Luxembourg in 2022:
- India (330.2K units)
- Germany (214.0K units)
- Belgium (26.3K units)
- France (3.5K units)
- Czech Republic (0.6K units)
Sewing Machine Needle Exports in Luxembourg
In 2022, overseas shipments of sewing machine needles decreased by -16.7% to 22K units for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +9.2% over the period from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of 27K units, and then dropped dramatically in the following year.
In value terms, sewing machine needle exports declined modestly to $779 in 2022. The total export value increased at an average annual rate of +1.6% from 2020 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 6.4% against the previous year. As a result, the exports attained the peak of $803, and then declined slightly in the following year.
| Export of Sewing Machine Needle in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Brazil | 544 | N/A | 718 | 14.9% | |
| France | N/A | N/A | 61.0 | 0% | |
| China | 211 | 803 | N/A | 280.6% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 755 | 803 | 779 | 1.6% | |
Top Export Markets for Sewing Machine Needle from Luxembourg in 2022:
- Brazil (14.9K units)
- France (7.3K units)
This report provides an in-depth analysis of the sewing machine needle market in Luxembourg. 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 28945230 - Sewing machine needles
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the sewing machine needle market in Luxembourg.
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This report provides an in-depth analysis of the global sewing machine needle market.
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This report provides an in-depth analysis of the global household sewing machine market.
426
This report provides an in-depth analysis of the global market for industrial sewing machines (non-automatic).
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3818
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...
883
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...
1187
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4106
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
3818
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...
883
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...
1187
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4106
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
