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Luxembourg - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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Luxembourg: Household Sewing Machine Market Overview 2021

Household Sewing Machine Market Size in Luxembourg

After three years of growth, the Luxembourg household sewing machine market decreased by -X% to $X in 2020. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2019, and then dropped in the following year.

Household Sewing Machine Exports

Exports from Luxembourg

In 2020, the amount of household sewing machines exported from Luxembourg contracted to X units, with a decrease of -X% compared with the previous year's figure. Overall, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X units in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, household sewing machine exports skyrocketed to $X in 2020. In general, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for household sewing machine exports from Luxembourg, accounting for a X% share of total exports. Moreover, household sewing machine exports to Belgium exceeded the volume sent to the second major destination, Germany (X units), sixfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Belgium totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and France (-X% per year).

In value terms, Belgium ($X), Germany ($X) and France ($X) were the largest markets for household sewing machine exported from Luxembourg worldwide.

Belgium recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average household sewing machine export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price continues to indicate significant growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Household Sewing Machine Imports

Imports into Luxembourg

In 2020, supplies from abroad of household sewing machines decreased by -X% to X units, falling for the third year in a row after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2020, the growth imports remained at a lower figure.

In value terms, household sewing machine imports contracted to $X in 2020. Overall, total imports indicated tangible growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

Belgium (X units), France (X units) and Viet Nam (X units) were the main suppliers of household sewing machine imports to Luxembourg, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Viet Nam (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest household sewing machine suppliers to Luxembourg were Belgium ($X), France ($X) and Viet Nam ($X), with a combined X% share of total imports.

Among the main suppliers, Viet Nam (+X% per year) 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 2020, the average household sewing machine import price amounted to $X per unit, with a decrease of -X% against the previous year. Overall, import price indicated a temperate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, household sewing machine import price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2015 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 2016 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, 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?
+
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), together comprising 49% of global consumption. The UK, the Netherlands, Germany, India, Iran, Belgium, France, Viet Nam and Bangladesh lagged somewhat behind, together accounting for a further 19%.
What are the largest producers of household sewing machines in the world?
+
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), with a combined 78% share of global production.
What are the leading suppliers of household sewing machines to Luxembourg?
+
In value terms, the largest household sewing machine suppliers to Luxembourg were Belgium ($206K), France ($118K) and Viet Nam ($110K), with a combined 83% share of total imports.
What are the leading importers of household sewing machines from Luxembourg?
+
In value terms, the largest markets for household sewing machine exported from Luxembourg were Belgium ($28K), Germany ($15K) and France ($781).
What is the average export price for household sewing machines in Luxembourg?
+
The average household sewing machine export price stood at $1,198 per unit in 2020, jumping by 91% against the previous year.
What is the average import price for household sewing machines in Luxembourg?
+
In 2020, the average household sewing machine import price amounted to $124 per unit, dropping by -7% 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 Luxembourg. 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:
• Luxembourg

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Luxembourg
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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