MENA: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in MENA

In 2023, the MENA's household sewing machine market increased by X% to $X, rising for the second consecutive year after four years of decline. Overall, consumption, however, continues to indicate a perceptible setback. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Household Sewing Machine Production in MENA

In value terms, household sewing machine production contracted to $X in 2023 estimated in export price. Over the period under review, production showed a pronounced slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Household Sewing Machine Exports

Exports in MENA

In 2023, the amount of household sewing machines exported in MENA skyrocketed to X units, jumping by X% on the previous year's figure. Total exports indicated mild growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, household sewing machine exports soared to $X in 2023. Total exports indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the main exporting country with an export of about X units, which reached X% of total exports. Iran (X units) ranks second in terms of the total exports with a X% share, followed by Turkey (X%) and Bahrain (X%). Oman (X units) held a little share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2023. At the same time, Oman (X%), Bahrain (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Iran (X%) illustrated a downward trend over the same period. Turkey (X p.p.), Bahrain (X p.p.), the United Arab Emirates (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total exports, while Iran saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest household sewing machine supplying countries in MENA were the United Arab Emirates ($X), Turkey ($X) and Iran ($X), together comprising X% of total exports. Bahrain and Oman lagged somewhat behind, together comprising a further X%.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per unit in 2023, reducing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Oman ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced mixed trends in the export price figures.

Household Sewing Machine Imports

Imports in MENA

In 2023, purchases abroad of household sewing machines increased by X% to X units for the first time since 2019, thus ending a three-year declining trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, household sewing machine imports expanded modestly to $X in 2023. Over the period under review, imports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates was the largest importing country with an import of around X units, which finished at X% of total imports. Turkey (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Iraq (X%) and Yemen (X%). Algeria (X units) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the household sewing machines imports, with a CAGR of X% from 2012 to 2023. At the same time, Yemen (X%) displayed positive paces of growth. Turkey experienced a relatively flat trend pattern. By contrast, Iraq (X%) and Algeria (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates and Yemen increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest household sewing machine importing markets in MENA were the United Arab Emirates ($X), Turkey ($X) and Iraq ($X), with a combined X% share of total imports. Algeria and Yemen lagged somewhat behind, together comprising a further X%.

Yemen, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price saw a pronounced downturn. The growth pace was the most rapid in 2015 an increase of X%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform