Eastern Europe: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Eastern Europe

The East European household sewing machine market soared to $X in 2023, surging by X% against the previous year. Over the period under review, consumption, however, recorded a drastic downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Household Sewing Machine Production in Eastern Europe

In value terms, household sewing machine production surged to $X in 2023 estimated in export price. In general, production recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.

Household Sewing Machine Exports

Exports in Eastern Europe

In 2023, approx. X units of household sewing machines were exported in Eastern Europe; therefore, remained relatively stable against the previous year's figure. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, household sewing machine exports amounted to $X in 2023. Overall, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Poland represented the major exporting country with an export of about X units, which resulted at X% of total exports. The Czech Republic (X units) ranks second in terms of the total exports with a X% share, followed by Belarus (X%) and Russia (X%). Hungary (X units), Lithuania (X units) and Romania (X units) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Belarus (X%), Hungary (X%), Romania (X%), Russia (X%), Lithuania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. While the share of Poland (X p.p.), Belarus (X p.p.), Russia (X p.p.), Hungary (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest household sewing machine supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with an X% share of total exports. It was followed by Russia, with a X% share.

In Poland, household sewing machine exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Russia (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.

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 Lithuania ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Household Sewing Machine Imports

Imports in Eastern Europe

In 2023, household sewing machine imports in Eastern Europe soared to X units, jumping by X% compared with 2022. Overall, imports, however, recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, household sewing machine imports reduced slightly to $X in 2023. In general, imports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Russia was the major importer of household sewing machines in Eastern Europe, with the volume of imports accounting for X units, which was near X% of total imports in 2023. Poland (X units) ranks second in terms of the total imports with a X% share, followed by Romania (X%), Belarus (X%) and the Czech Republic (X%). The following importers - Ukraine (X units) and Hungary (X units) - each recorded an X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform