Greece: Household Sewing Machine Market Overview 2021

Household Sewing Machine Market Size in Greece

The Greek household sewing machine market fell to $X in 2020, declining by -X% against 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). Over the period under review, consumption showed a abrupt decrease. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Household sewing machine consumption peaked at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Household Sewing Machine Exports

Exports from Greece

After three years of growth, shipments abroad of household sewing machines decreased by -X% to X units in 2020. Over the period under review, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. As a result, exports attained the peak of X units. From 2011 to 2020, the growth exports failed to regain the momentum.

In value terms, household sewing machine exports contracted markedly to $X in 2020. Overall, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2011 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The Netherlands (X units), Cyprus (X units) and Denmark (X units) were the main destinations of household sewing machine exports from Greece, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for household sewing machine exported from Greece were the Netherlands ($X), Cyprus ($X) and Denmark ($X), together accounting for X% of total exports.

Among the main countries of destination, the Netherlands saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average household sewing machine export price stood at $X per unit in 2020, reducing by -X% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per unit. From 2012 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2020, the countries with the highest prices were the Netherlands ($X per unit) and Cyprus ($X per unit), while the average price for exports to Italy ($X per unit) and Denmark ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus, while the prices for the other major destinations experienced a decline.

Household Sewing Machine Imports

Imports into Greece

In 2020, the amount of household sewing machines imported into Greece shrank markedly to X units, declining by -X% on the previous year. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Imports peaked at X units in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, household sewing machine imports reached $X in 2020. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

Germany (X units), France (X units) and Poland (X units) were the main suppliers of household sewing machine imports to Greece, together comprising X% of total imports. These countries were followed by the Netherlands, Spain, Bulgaria and Romania, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of household sewing machine to Greece, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Bulgaria (+X% per year).

Import Prices by Country

In 2020, the average household sewing machine import price amounted to $X per unit, surging by X% against the previous year. Overall, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is expected to retain growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bulgaria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for household sewing machines in the world?

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The countries with the highest volumes of household sewing machine consumption in 2020 were the U.S. (4.8M units), China (4.1M units) and Japan (938K units), with a combined 49% share of global consumption. These countries were followed by the UK, the Netherlands, Germany, India, Iran, Belgium, France, Viet Nam and Bangladesh, which together accounted for a further 19%.

What are the largest producers of household sewing machines in the world?

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The countries with the highest volumes of household sewing machine production in 2020 were China (7.9M units), Viet Nam (6.3M units) and Taiwan (Chinese) (2.7M units), together accounting for 78% of global production.

What are the leading suppliers of household sewing machines to Greece?

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In value terms, Germany ($1.1M) constituted the largest supplier of household sewing machine to Greece, comprising 49% of total imports. The second position in the ranking was occupied by France ($471K), with a 21% share of total imports. It was followed by Bulgaria, with a 11% share.

What are the leading importers of household sewing machines from Greece?

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In value terms, the largest markets for household sewing machine exported from Greece were the Netherlands ($10K), Cyprus ($7K) and Denmark ($1.2K), with a combined 91% share of total exports.

What is the average export price for household sewing machines in Greece?

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In 2020, the average household sewing machine export price amounted to $33 per unit, with a decrease of -9.1% against the previous year.

What is the average import price for household sewing machines in Greece?

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The average household sewing machine import price stood at $277 per unit in 2020, with an increase of 67% against the previous year.