Denmark: Household Sewing Machine Market Overview 2020

Household Sewing Machine Market Size in Denmark

The revenue of the household sewing machine market in Denmark amounted to $X in 2018, approximately mirroring 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). In general, household sewing machine consumption continues to indicate a measured deduction. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the household sewing machine market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Household Sewing Machine Exports

Exports from Denmark

In 2018, the exports of household sewing machines from Denmark stood at X units, leveling off at the previous year. In general, household sewing machine exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, household sewing machine exports attained their maximum at X units in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, household sewing machine exports totaled $X in 2018. In general, household sewing machine exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. In that year, household sewing machine exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

Sweden (X units) was the main destination for household sewing machine exports from Denmark, accounting for a X% share of total exports. Moreover, household sewing machine exports to Sweden exceeded the volume sent to the second major destination, Norway (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 rate of growth in terms of volume to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and Germany (+X% per year).

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

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

Export Prices by Country

The average household sewing machine export price stood at $X per unit in 2018, growing by X% against the previous year. Over the period under review, the household sewing machine export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. In that year, the average export prices for household sewing machines attained their peak level and is likely to continue its growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2018, the highest prices were recorded for prices to the Netherlands ($X per unit) and Poland ($X per unit), while the average price for exports to Norway ($X per unit) and Sweden ($X per unit) were 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 Denmark

In 2018, approx. X units of household sewing machines were imported into Denmark; going up by X% against the previous year. Over the period under review, household sewing machine imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, household sewing machine imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, household sewing machine imports stood at $X in 2018. Overall, the total imports indicated significant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, household sewing machine imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, household sewing machine imports reached their maximum at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), the Netherlands (X units) and Thailand (X units) were the main suppliers of household sewing machine imports to Denmark, together comprising X% of total imports. Viet Nam, China and Italy lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest household sewing machine suppliers to Denmark were Germany ($X), the Netherlands ($X) and Thailand ($X), together comprising X% of total imports. These countries were followed by Viet Nam, China and Italy, which together accounted for a further X experienced the highest growth rate of imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average household sewing machine import price stood at $X per unit in 2018, lowering by -X% against the previous year. In general, the household sewing machine import price continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. The import price peaked at $X per unit in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform