Egypt - Sewing Machine Needles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEgypt: Sewing Machine Needle Market 2024
Sewing Machine Needle Market Size in Egypt
The Egyptian sewing machine needle market skyrocketed to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Sewing machine needle consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
Sewing Machine Needle Exports
Exports from Egypt
Sewing machine needle exports from Egypt amounted to X units in 2018, leveling off at 2017 figures. Overall, exports faced a dramatic downturn. The smallest decline of X% was in 2015. The exports peaked at X units in 2014; however, from 2015 to 2018, the exports remained at a lower figure.
In value terms, sewing machine needle exports amounted to $X in 2018. Over the period under review, exports continue to indicate a sharp setback. The smallest decline of X% was in 2015. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2018, the exports stood at a somewhat lower figure.
Exports by Country
Gabon (X units) was the main destination for sewing machine needle exports from Egypt, accounting for a X% share of total exports. Moreover, sewing machine needle exports to Gabon exceeded the volume sent to the second major destination, Ghana (X units), sixfold.
From 2014 to 2018, the average annual growth rate of volume to Gabon was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Uganda (X% per year).
From 2014 to 2018, the average annual growth rate of value to Gabon was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Uganda (X% per year).
Export Prices by Country
The average sewing machine needle export price stood at $X per thousand units in 2018, approximately equating the previous year. Overall, the export price showed a significant increase. The most prominent rate of growth was recorded in 2015 a decrease of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2018 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Gabon ($X per thousand units), while the average price for exports to Uganda ($X per thousand units) was amongst the lowest.
From 2014 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (X%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Machine Needle Imports
Imports into Egypt
In 2022, approx. X units of sewing machine needles were imported into Egypt; with an increase of X% on 2021. Over the period under review, imports, however, showed a abrupt decline. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.
In value terms, sewing machine needle imports skyrocketed to $X in 2022. Overall, imports enjoyed measured growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, South Korea (X units) constituted the largest sewing machine needle supplier to Egypt, with a X% share of total imports. Moreover, sewing machine needle imports from South Korea exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fivefold. The third position in this ranking was taken by China (X units), with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and China (X% per year).
In value terms, South Korea ($X) constituted the largest supplier of sewing machine needles to Egypt, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by China, with a X% share.
From 2012 to 2022, the average annual growth rate of value from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and China (X% per year).
Import Prices by Country
In 2022, the average sewing machine needle import price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price, however, saw a prominent increase. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then dropped slightly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($X per unit) and the Czech Republic ($X per unit), while the price for China ($X per unit) and South Korea ($X per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sewing machine needle market in Egypt. 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 2030.
Product coverage:
- Prodcom 28945230 - Sewing machine needles
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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