Israel: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Israel

In 2022, the Israeli household sewing machine market increased by X% to $X, rising for the fifth consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Household Sewing Machine Exports

Exports from Israel

In 2022, after three years of growth, there was significant decline in overseas shipments of household sewing machines, when their volume decreased by X% to X units. Overall, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then contracted remarkably in the following year.

In value terms, household sewing machine exports reduced notably to $X in 2022. Over the period under review, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped significantly in the following year.

Exports by Country

The United States (X units) and Uzbekistan (X units) were the main destinations of household sewing machine exports from Israel.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%).

In value terms, the largest markets for household sewing machine exported from Israel were the United States ($X) and Uzbekistan ($X).

The United States, with a CAGR of X%, saw 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.

Export Prices by Country

In 2022, the average household sewing machine export price amounted to $X per unit, falling by X% against the previous year. Overall, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Uzbekistan totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced a decline.

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Household Sewing Machine Imports

Imports into Israel

In 2022, supplies from abroad of household sewing machines increased by X% to X units, rising for the fifth consecutive year after two years of decline. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, household sewing machine imports rose significantly 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 in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Switzerland (X units), Bulgaria (X units) and Japan (X units) were the main suppliers of household sewing machine imports to Israel, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of X.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Bulgaria ($X) and Japan ($X) constituted the largest household sewing machine suppliers to Israel, together accounting for X% of total imports.

In terms of the main suppliers, Bulgaria, with a CAGR of X.7%, saw 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

In 2022, the average household sewing machine import price amounted to $X per unit, falling by X% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price 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, household sewing machine import price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per unit) and China ($X per unit), while the price for Vietnam ($X per unit) and Bulgaria ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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