CIS: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in CIS

The CIS household sewing machine market declined markedly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption recorded a perceptible setback. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Household Sewing Machine Production in CIS

In value terms, household sewing machine production dropped remarkably to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Household Sewing Machine Exports

Exports in CIS

In 2022, exports of household sewing machines in the CIS reduced notably to X units, shrinking by X% compared with 2021. Over the period under review, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X units in 2021, and then reduced sharply in the following year.

In value terms, household sewing machine exports shrank remarkably to $X in 2022. Overall, exports recorded a abrupt decrease. 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 at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia was the major exporting country with an export of about X units, which reached X% of total exports. Belarus (X units) held the second position in the ranking, distantly followed by Kazakhstan (X units). All these countries together took near X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belarus (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

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

Belarus, 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 mixed trends in the exports figures.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Household Sewing Machine Imports

Imports in CIS

In 2022, purchases abroad of household sewing machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then dropped significantly in the following year.

In value terms, household sewing machine imports declined markedly to $X in 2022. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia was the major importer of household sewing machines in the CIS, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by Uzbekistan (X units) and Kazakhstan (X units), together constituting a X% share of total imports. The following importers - Tajikistan (X units) and Belarus (X units) - each resulted at a X% share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Tajikistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.), Kazakhstan (X p.p.) and Tajikistan (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported household sewing machines in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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