EU: Sewing Needle Market 2020

Sewing Needle Market Size in the EU

The revenue of the sewing needle market in the European Union amounted to $X in 2017, approximately reflecting the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2013, when it surged by X% against the previous year. In that year, the sewing needle market attained their peak level of $X. From 2014 to 2017, growth of the sewing needle market stood at a somewhat lower level.

Sewing Needle Production in the EU

In 2017, approx. X tons of sewing, knitting needles and bodkins of iron or steel were produced in the European Union; jumping by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2017, when the output figure increased by X% against the previous year. In that year, the sewing needle production attained their peak volume, and is likely to continue its growth in the immediate term.

Sewing Needle Exports in the EU

In 2017, the amount of sewing, knitting needles and bodkins of iron or steel exported in the European Union totaled X tons, therefore, remained relatively stable against the previous year. The sewing needle exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, with an increase of X% against the previous year. In that year, the sewing needle exports attained their peak volume of X tons. From 2013 to 2017, growth of the sewing needle exports failed to regain its momentum.

In value terms, sewing needle exports stood at $X in 2017. The sewing needle exports continue to indicate a relatively flat trend pattern. In that year, the sewing needle exports reached their peak level of $X. From 2015 to 2017, growth of the sewing needle exports failed to regain its momentum.

Sewing Needle Exports by Country in the EU

The UK (X tons), the Czech Republic (X tons), Germany (X tons) and Poland (X tons) represented roughly X% of total exports of sewing, knitting needles and bodkins of iron or steel in 2017. Hungary (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by France (X%), Sweden (X%) and Portugal (X%).

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest sewing needle markets worldwide were Germany ($X), the UK ($X) and the Czech Republic ($X), together accounting for X% of total exports. Poland, Portugal, France, Sweden and Hungary lagged somewhat behind, together accounting for a further X%.

Poland (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Sewing Needle Export Prices by Country in the EU

The sewing needle export price in the European Union stood at $X per kg in 2017, approximately mirroring the previous year. The sewing needle export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when the export prices increased by X% y-o-y. The level of export price peaked of $X per kg in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X per kg), while Hungary ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Portugal (+X% per year), while the other leaders experienced more modest paces of growth.

Sewing Needle Imports in the EU

The imports amounted to X tons in 2017, rising by X% against the previous year. The sewing needle imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. In that year, the sewing needle imports reached their peak volume of X tons. From 2014 to 2017, growth of the sewing needle imports stood at a somewhat lower level.

In value terms, sewing needle imports amounted to $X in 2017. The sewing needle imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Sewing Needle Imports by Country in the EU

Germany (X tons), Spain (X tons), the UK (X tons), Ireland (X tons), France (X tons), the Netherlands (X tons), Denmark (X tons), Austria (X tons), Poland (X tons), Italy (X tons), Belgium (X tons) and Latvia (X tons) represented roughly X% of total imports of sewing, knitting needles and bodkins of iron or steel in 2017.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Spain ($X) appeared to be the countries with the highest levels of imports in 2017, together comprising X% of total imports. Ireland, France, Italy, Austria, the Netherlands, Poland, Denmark, Belgium and Latvia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Austria (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Sewing Needle Import Prices by Country in the EU

The sewing needle import price in the European Union stood at $X per kg in 2017, declining by -X% against the previous year. The sewing needle import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, an increase of X% against the previous year. Over the period under review, the import prices for sewing, knitting needles and bodkins of iron or steel attained its peak figure level of $X per kg in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Italy ($X per kg), while Latvia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Latvia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform