Austria: Household Sewing Machine Market Overview 2020

Household Sewing Machine Market Size in Austria

The revenue of the household sewing machine market in Austria amounted to $X in 2018, lowering by -X% 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). Over the period under review, household sewing machine consumption, however, continues to indicate conspicuous growth. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Household sewing machine consumption peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Household Sewing Machine Exports

Exports from Austria

Household sewing machine exports from Austria stood at X units in 2018, going down by -X% against the previous year. Overall, household sewing machine exports continue to indicate a drastic reduction. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, household sewing machine exports attained their maximum at X units in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, household sewing machine exports totaled $X in 2018. Over the period under review, household sewing machine exports continue to indicate an abrupt deduction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, household sewing machine exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

The Netherlands (X units) was the main destination for household sewing machine exports from Austria, accounting for a X% share of total exports. Moreover, household sewing machine exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was occupied by Sweden (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Sweden (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for household sewing machine exports from Austria, comprising X% of total household sewing machine exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Sweden (+X% per year).

Export Prices by Country

The average household sewing machine export price stood at $X per unit in 2018, stabilizing at the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for household sewing machines attained their peak figure at $X per unit in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Belgium ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Household Sewing Machine Imports

Imports into Austria

In 2018, the amount of household sewing machines imported into Austria stood at X units, dropping by -X% against the previous year. Over the period under review, household sewing machine imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. In that year, household sewing machine imports reached their peak of X units. From 2012 to 2018, the growth of household sewing machine imports remained at a lower figure.

In value terms, household sewing machine imports totaled $X in 2018. In general, household sewing machine imports continue to indicate a moderate decrease. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. In that year, household sewing machine imports reached their peak of $X. From 2012 to 2018, the growth of household sewing machine imports remained at a somewhat lower figure.

Imports by Country

In 2018, China (X units) constituted the largest household sewing machine supplier to Austria, accounting for a X% share of total imports. Moreover, household sewing machine imports from China exceeded the figures recorded by the second-largest supplier, Viet Nam (X units), twofold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Germany (+X% per year).

In value terms, China ($X), Germany ($X) and Viet Nam ($X) appeared to be the largest household sewing machine suppliers to Austria, with a combined X% share of total imports.

Germany experienced the highest growth rate of imports, among the main suppliers over the last eleven-year period, while the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2018, the average household sewing machine import price amounted to $X per unit, going down by -X% against the previous year. In general, the household sewing machine import price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2012 when the average import price increased by X% y-o-y. In that year, the average import prices for household sewing machines attained their peak level of $X per unit. From 2013 to 2018, the growth in terms of the average import prices for household sewing machines remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per unit), while the price for Taiwan, Chinese ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform