Middle East: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in the Middle East

In 2023, the Middle Eastern household sewing machine market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, saw a noticeable slump. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Household Sewing Machine Production in the Middle East

In value terms, household sewing machine production declined to $X in 2023 estimated in export price. Over the period under review, production showed a pronounced setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Household Sewing Machine Exports

Exports in the Middle East

In 2023, the amount of household sewing machines exported in the Middle East surged to X units, growing by X% against 2022. Total exports indicated mild growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. 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 attained the peak figure at X units in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, household sewing machine exports soared to $X in 2023. Total exports indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. 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 pace of growth appeared the most rapid in 2016 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates was the largest exporter of household sewing machines in the Middle East, with the volume of exports amounting to X units, which was near X% of total exports in 2023. Iran (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (X%) and Bahrain (X%). Oman (X units) held a minor 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 the Middle East, with a CAGR of X% from 2012-2023. By contrast, Iran (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), Bahrain (X p.p.), the United Arab Emirates (X p.p.) and Oman (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Iran (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Iran ($X) constituted the countries with the highest levels of exports in 2023, together accounting for 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, in terms of 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

In 2023, the export price in the Middle East amounted to $X per unit, waning by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, 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 the Middle East

In 2023, after three years of decline, there was significant growth in purchases abroad of household sewing machines, when their volume increased by X% to X units. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, household sewing machine imports totaled $X in 2023. Over the period under review, imports, however, showed a perceptible slump. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, the United Arab Emirates (X units) was the key importer of household sewing machines, achieving X% of total imports. Turkey (X units) ranks second in terms of the total imports with a X% share, followed by Iraq (X%) and Yemen (X%).

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%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Yemen, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 the Middle East amounted to $X per unit, falling by X% against the previous year. In general, the import price showed a pronounced decrease. The pace of growth was the most pronounced in 2015 an increase of X%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2023, import prices failed to regain momentum.

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 Iraq (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform