Italy: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Italy

The Italian household sewing machine market declined rapidly to $X in 2022, shrinking 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 recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell significantly in the following year.

Household Sewing Machine Exports

Exports from Italy

In 2022, the amount of household sewing machines exported from Italy soared to X units, rising by X% on 2021. In general, exports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, household sewing machine exports reduced slightly to $X in 2022. Overall, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X units), France (X units) and Malta (X units) were the main destinations of household sewing machine exports from Italy, with a combined X% share of total exports. Germany, Belgium and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for household sewing machine exported from Italy were France ($X), Spain ($X) and Germany ($X), together accounting for X% of total exports. Malta, Belgium and the Netherlands lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average household sewing machine export price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price showed a pronounced slump. The growth pace was the most rapid in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

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

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Household Sewing Machine Imports

Imports into Italy

In 2022, purchases abroad of household sewing machines decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, household sewing machine imports reduced notably to $X in 2022. In general, total imports indicated a modest expansion from 2012 to 2022: its value 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. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2021, and then declined dramatically in the following year.

Imports by Country

Vietnam (X units), China (X units) and Germany (X units) were the main suppliers of household sewing machine imports to Italy, together comprising X% of total imports. Spain, the Netherlands, Taiwan (Chinese) and Thailand lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest household sewing machine suppliers to Italy were Germany ($X), Vietnam ($X) and Spain ($X), with a combined X% share of total imports. China, the Netherlands, Taiwan (Chinese) and Thailand lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, saw the highest growth rate of 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 average household sewing machine import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price, however, showed a moderate expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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