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Latin America and the Caribbean - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Household Sewing Machine Market Overview 2020

Household Sewing Machine Market Size in Latin America and the Caribbean

The Latin American household sewing machine market dropped dramatically to $X in 2019, which is down by -X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.

Household Sewing Machine Production in Latin America and the Caribbean

In value terms, household sewing machine production amounted to $X in 2019 estimated in export prices. In general, production continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2010; however, from 2011 to 2019, production remained at a lower figure.

Production By Country in Latin America and the Caribbean

The country with the largest volume of household sewing machine production was Venezuela (X units), accounting for X% of total volume. Moreover, household sewing machine production in Venezuela exceeded the figures recorded by the second-largest producer, the Dominican Republic (X units), twofold.

In Venezuela, household sewing machine production plunged by an average annual rate of -X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: the Dominican Republic (-X% per year) and Brazil (-X% per year).

Household Sewing Machine Exports

Exports in Latin America and the Caribbean

After three years of growth, shipments abroad of household sewing machines decreased by -X% to X units in 2019. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. The volume of export peaked at X units in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, household sewing machine exports surged to $X in 2019. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The level of export peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, the Dominican Republic (X units) represented the main exporter of household sewing machines, mixing up X% of total exports. It was distantly followed by Panama (X units) and Barbados (X units), together comprising a X% share of total exports. The following exporters - Brazil (X units), Haiti (X units), Peru (X units), Uruguay (X units) and Colombia (X units) - together made up X% of total exports.

Exports from the Dominican Republic increased at an average annual rate of +X% from 2007 to 2019. At the same time, Colombia (+X%), Barbados (+X%), Peru (+X%), Haiti (+X%) and Uruguay (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2019. By contrast, Panama (-X%) and Brazil (-X%) illustrated a downward trend over the same period. While the share of the Dominican Republic (+X p.p.), Barbados (+X p.p.), Haiti (+X p.p.), Peru (+X p.p.), Colombia (+X p.p.) and Uruguay (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of Panama (-X p.p.) and Brazil (-X p.p.) displayed negative dynamics.

In value terms, the Dominican Republic ($X) remains the largest household sewing machine supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Panama ($X), with a X% share of total exports. It was followed by Haiti, with a X% share.

From 2007 to 2019, the average annual growth rate of value in the Dominican Republic amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Panama (-X% per year) and Haiti (+X% per year).

Export Prices by Country

In 2019, the household sewing machine export price in Latin America and the Caribbean amounted to $X per unit, surging by X% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The level of export peaked at $X per unit in 2010; however, from 2011 to 2019, export prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Panama, while the other leaders experienced mixed trends in the export price figures.

Household Sewing Machine Imports

Imports in Latin America and the Caribbean

In 2019, approx. X units of household sewing machines were imported in Latin America and the Caribbean; with a decrease of -X% on the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. The volume of import peaked at X units in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, household sewing machine imports contracted significantly to $X in 2019. Total imports indicated slight growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. The level of import peaked at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

Brazil was the key importer of household sewing machines in Latin America and the Caribbean, with the volume of imports accounting for X units, which was approx. X% of total imports in 2019. Mexico (X units) took an X% share (based on tonnes) of total imports, which put it in second place, followed by Chile (X%), Colombia (X%), Argentina (X%) and Peru (X%). The following importers - Ecuador (X units) and Guatemala (X units) - each accounted for a X% share of total imports.

Brazil was also the fastest-growing in terms of the household sewing machines imports, with a CAGR of +X% from 2007 to 2019. At the same time, Ecuador (+X%), Peru (+X%), Colombia (+X%), Chile (+X%) and Argentina (+X%) displayed positive paces of growth. By contrast, Guatemala (-X%) and Mexico (-X%) illustrated a downward trend over the same period. Brazil (+X p.p.), Chile (+X p.p.), Peru (+X p.p.) and Colombia (+X p.p.) significantly strengthened its position in terms of the total imports, while Mexico saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Mexico ($X) constituted the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Among the main importing countries, Brazil 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 household sewing machine import price in Latin America and the Caribbean stood at $X per unit in 2019, with an increase of X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2009; however, from 2010 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Guatemala ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Guatemala, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for household sewing machines in LatAmerica and the Caribbean?
+
Brazil (473K units) remains the largest household sewing machine consuming country in Latin America and the Caribbean, comprising approx. 32% of total volume. Moreover, household sewing machine consumption in Brazil exceeded the figures recorded by the second-largest consumer, Venezuela (229K units), twofold. The third position in this ranking was occupied by Mexico (206K units), with a 14% share.
What are the largest producers of household sewing machines in LatAmerica and the Caribbean?
+
Venezuela (229K units) remains the largest household sewing machine producing country in Latin America and the Caribbean, comprising approx. 59% of total volume. Moreover, household sewing machine production in Venezuela exceeded the figures recorded by the second-largest producer, the Dominican Republic (101K units), twofold.
What are the leading suppliers of household sewing machines in LatAmerica and the Caribbean?
+
In value terms, the Dominican Republic ($1.4M) remains the largest household sewing machine supplier in Latin America and the Caribbean, comprising 49% of total exports. The second position in the ranking was occupied by Panama ($489K), with a 17% share of total exports. It was followed by Haiti, with a 7.5% share.
What are the leading importers of household sewing machines in LatAmerica and the Caribbean?
+
In value terms, Brazil ($18M), Chile ($11M) and Mexico ($8.7M) appeared to be the countries with the highest levels of imports in 2019, together accounting for 62% of total imports.
What is the average export price for household sewing machines in LatAmerica and the Caribbean?
+
In 2019, the household sewing machine export price in Latin America and the Caribbean amounted to $54 per unit, rising by 17% against the previous year.
What is the average import price for household sewing machines in LatAmerica and the Caribbean?
+
The household sewing machine import price in Latin America and the Caribbean stood at $52 per unit in 2019, with an increase of 17% against the previous year.

Product coverage:
• Prodcom 28944000 - Domestic sewing machines (excluding furniture, bases and covers)

This report provides an in-depth analysis of the household sewing machine market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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