Europe: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Europe

The Europe industrial sewing machines (non-automatic) market declined markedly to $X in 2022, shrinking by X% against the previous year. In general, consumption showed a perceptible curtailment. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Industrial Sewing Machines (Non-Automatic) in Europe

In value terms, industrial sewing machines (non-automatic) production expanded sharply to $X in 2022 estimated in export price. Overall, production continues to indicate a slight downturn. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports in Europe

After two years of growth, shipments abroad of industrial sewing machines (non-automatic) decreased by X% to X units in 2022. Overall, exports, however, continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then shrank rapidly in the following year.

In value terms, industrial sewing machines (non-automatic) exports contracted to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Poland (X units), Spain (X units) and Germany (X units), together reaching X% of total export. The Czech Republic (X units) held the next position in the ranking, followed by the Netherlands (X units) and Italy (X units). All these countries together held near X% share of total exports. The following exporters - Russia (X units), Switzerland (X units), Belarus (X units), the UK (X units), France (X units) and Greece (X units) - together made up X% of total exports.

From 2012 to 2022, 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 ($X) remains the largest industrial sewing machines (non-automatic) supplier in Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Italy (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Greece ($X per unit) was amongst the lowest.

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

Imports of Industrial Sewing Machines (Non-Automatic)

Imports in Europe

For the third consecutive year, Europe recorded growth in purchases abroad of industrial sewing machines (non-automatic), which increased by X% to X units in 2022. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, industrial sewing machines (non-automatic) imports contracted modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the UK (X units), distantly followed by Spain (X units), Russia (X units), Poland (X units), Italy (X units), Greece (X units), Ukraine (X units), Germany (X units), the Netherlands (X units) and France (X units) represented the key importers of industrial sewing machines (non-automatic), together making up X% of total imports.

Imports into the UK increased at an average annual rate of X% from 2012 to 2022. At the same time, Greece (X%), Poland (X%), France (X%), Spain (X%), Italy (X%), Germany (X%), Ukraine (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Russia experienced a relatively flat trend pattern. From 2012 to 2022, the share of Greece and Poland increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest industrial sewing machines (non-automatic) importing markets in Europe were Germany ($X), Italy ($X) and Poland ($X), with a combined X% share of total imports. The Netherlands, Russia, France, Spain, the UK, Ukraine and Greece lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, 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 Germany ($X per unit), while Greece ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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