CIS: Industrial Sewing Machine Market 2024

Industrial Sewing Machine Market Size in CIS

The CIS industrial sewing machine market totaled $X in 2022, increasing by X% against the previous year. In general, consumption enjoyed a remarkable increase. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Industrial Sewing Machine Production in CIS

In value terms, industrial sewing machine production shrank to $X in 2022 estimated in export price. Overall, production faced a deep setback. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Industrial Sewing Machine Exports

Exports in CIS

After three years of growth, overseas shipments of industrial sewing machines decreased by X% to X units in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of export peaked at X units in 2021, and then reduced in the following year.

In value terms, industrial sewing machine exports stood at $X in 2022. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, Russia (X units) was the largest exporter of industrial sewing machines, mixing up X% of total exports. It was distantly followed by Belarus (X units) and Kazakhstan (X units), together creating a X% share of total exports. Kyrgyzstan (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial sewing machine supplying countries in the CIS were Russia ($X), Belarus ($X) and Kazakhstan ($X), together accounting for X% of total exports.

Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the export price figures.

Industrial Sewing Machine Imports

Imports in CIS

In 2022, the amount of industrial sewing machines imported in the CIS expanded significantly to X units, growing by X% against 2021 figures. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, industrial sewing machine imports expanded significantly to $X in 2022. Overall, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Uzbekistan (X units) and Russia (X units) were the major importers of industrial sewing machines in 2022, recording approx. X% and X% of total imports, respectively. It was distantly followed by Kyrgyzstan (X units), constituting a X% share of total imports. Kazakhstan (X units), Belarus (X units) and Tajikistan (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Russia ($X) and Kyrgyzstan ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Kazakhstan, Belarus and Tajikistan lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Tajikistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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