Belgium: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Belgium

After three years of growth, the Belgian household sewing machine market decreased by X% to $X in 2022. Over the period under review, consumption showed a perceptible shrinkage. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Household Sewing Machine Exports

Exports from Belgium

In 2022, exports of household sewing machines from Belgium dropped remarkably to X units, waning by X% compared with the previous year. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, household sewing machine exports reduced dramatically to $X in 2022. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for household sewing machine exports from Belgium, with a X% share of total exports. Moreover, household sewing machine exports to the Netherlands exceeded the volume sent to the second major destination, France (X units), eightfold. The third position in this ranking was held by Cameroon (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Cameroon (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for household sewing machines exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Luxembourg, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Luxembourg (X% per year).

Export Prices by Country

In 2022, the average household sewing machine export price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price showed resilient growth. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

Household Sewing Machine Imports

Imports into Belgium

In 2022, purchases abroad of household sewing machines decreased by X% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, household sewing machine imports dropped notably to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Vietnam (X units), China (X units) and Germany (X units) were the main suppliers of household sewing machine imports to Belgium, together comprising X% of total imports. The Netherlands, France, Poland and Thailand lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Vietnam ($X) constituted the largest supplier of household sewing machines to Belgium, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

The average household sewing machine import price stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price recorded a prominent expansion. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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