Egypt: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Egypt

For the fourth consecutive year, the Egyptian household sewing machine market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption recorded a abrupt downturn. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Household Sewing Machine Exports

Exports from Egypt

For the third consecutive year, Egypt recorded growth in overseas shipments of household sewing machines, which increased by X% to X units in 2022. In general, exports recorded a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, household sewing machine exports surged to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Sudan (X units), Saudi Arabia (X units) and Libya (X units) were the main destinations of household sewing machine exports from Egypt, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X), Saudi Arabia ($X) and Libya ($X) constituted the largest markets for household sewing machine exported from Egypt worldwide, together comprising X% of total exports.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average household sewing machine export price amounted to $X per unit, waning by X% against the previous year. In general, the export price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Libya ($X per unit) and Saudi Arabia ($X per unit), while the average price for exports to Kenya ($X per unit) and Sudan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Household Sewing Machine Imports

Imports into Egypt

For the fourth consecutive year, Egypt recorded decline in overseas purchases of household sewing machines, which decreased by X% to X units in 2022. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, household sewing machine imports contracted significantly to $X in 2022. In general, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Vietnam (X units) constituted the largest household sewing machine supplier to Egypt, with a X% share of total imports. Moreover, household sewing machine imports from Vietnam exceeded the figures recorded by the second-largest supplier, China (X units), threefold. India (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Vietnam stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

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

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

Import Prices by Country

The average household sewing machine import price stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price posted a remarkable increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per unit) and Vietnam ($X per unit), while the price for the United Arab Emirates ($X per unit) and India ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :