Poland: Sewing Machine Needle Market 2024

Sewing Machine Needle Market Size in Poland

For the third consecutive year, the Polish sewing machine needle market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, continues to indicate a mild descent. Sewing machine needle consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Sewing Machine Needle Production in Poland

In value terms, sewing machine needle production totaled $X in 2022 estimated in export price. Overall, production showed a deep downturn. The most prominent rate of growth was recorded in 2021 when the production volume decreased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Sewing Machine Needle Exports

Exports from Poland

In 2022, the amount of sewing machine needles exported from Poland soared to X units, rising by X% on the previous year's figure. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, sewing machine needle exports skyrocketed to $X in 2022. In general, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for sewing machine needle exports from Poland, with a X% share of total exports. Moreover, sewing machine needle exports to Russia exceeded the volume sent to the second major destination, the Dominican Republic (X units), fourfold. The third position in this ranking was taken by Italy (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and Italy (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for sewing machine needles exports from Poland, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Ukraine (X% per year).

Export Prices by Country

The average sewing machine needle export price stood at less than $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a deep reduction. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the Dominican Republic (less than $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 the United States (X%), while the prices for the other major destinations experienced a decline.

Sewing Machine Needle Imports

Imports into Poland

In 2022, sewing machine needle imports into Poland stood at X units, growing by X% against 2021 figures. Overall, imports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, sewing machine needle imports reached $X in 2022. In general, imports continue to indicate a noticeable increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of sewing machine needle to Poland, with a X% share of total imports. Moreover, sewing machine needle imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. India (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

In value terms, Germany ($X) constituted the largest supplier of sewing machine needles to Poland, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average sewing machine needle import price amounted to less than $X per unit, remaining constant against the previous year. Overall, the import price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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