Europe: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Europe

In 2023, the Europe household sewing machine market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption continues to indicate a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Household Sewing Machine Production in Europe

In value terms, household sewing machine production soared to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Household Sewing Machine Exports

Exports in Europe

In 2023, shipments abroad of household sewing machines decreased by X% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate a pronounced increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked at X units in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, household sewing machine exports dropped to $X in 2023. Overall, exports, however, saw a pronounced increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Germany (X units) and Poland (X units) were the largest exporters of household sewing machines in 2023, finishing at near X% and X% of total exports, respectively. The Netherlands (X units) ranks next in terms of the total exports with a X% share, followed by Spain (X%). Italy (X units), the Czech Republic (X units), Belgium (X units), Denmark (X units), Belarus (X units), Russia (X units) and Austria (X units) held a minor share of total exports.

From 2012 to 2023, the biggest increases were recorded for Belarus (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Italy, Spain, the Czech Republic, Denmark, Belgium, Austria, Russia and Belarus lagged somewhat behind, together accounting for a further X%.

Belarus, with a CAGR of X%, saw the highest rates of growth with regard to 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 2023, the export price in Europe amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per unit in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the export price figures.

Household Sewing Machine Imports

Imports in Europe

In 2023, purchases abroad of household sewing machines decreased by X% to X units, falling for the second year in a row after six years of growth. Over the period under review, imports recorded a perceptible setback. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, household sewing machine imports reduced dramatically to $X in 2023. Overall, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Germany (X units), distantly followed by Russia (X units), the UK (X units), Poland (X units), France (X units), the Netherlands (X units), Spain (X units) and Italy (X units) represented the key importers of household sewing machines, together committing X% of total imports. Romania (X units), Denmark (X units), Belarus (X units), the Czech Republic (X units) and Belgium (X units) held a little share of total imports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual growth rate of value in Germany totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Russia (X% per year) and France (X% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2023, the import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform