Italy - Sewing Machine Needles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Needle Price in Italy - 2023
Contents:
- Sewing Machine Needle Price in Italy (CIF) - 2022
- Sewing Machine Needle Price in Italy (FOB) - 2022
- Sewing Machine Needle Imports in Italy
- Sewing Machine Needle Exports in Italy
Sewing Machine Needle Price in Italy (CIF) - 2022
The average sewing machine needle import price stood at $11 per thousand units in 2022, declining by -1.6% against the previous year. Overall, the import price, however, showed a measured increase. The pace of growth was the most pronounced in 2017 an increase of 69% against the previous year. The import price peaked at $15 per thousand units in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($17 per thousand units), while the price for Poland ($5.3 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sewing Machine Needle Price in Italy (FOB) - 2022
The average sewing machine needle export price stood at $2.3 per thousand units in 2022, reducing by -26.8% against the previous year. In general, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2019 an increase of 85% against the previous year. Over the period under review, the average export prices hit record highs at $5.4 per thousand units in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($16 per thousand units), while the average price for exports to Romania ($0.5 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Machine Needle Imports in Italy
After three years of growth, overseas purchases of sewing machine needles decreased by -24.7% to 138M units in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. As a result, imports reached the peak of 183M units, and then plummeted in the following year.
In value terms, sewing machine needle imports contracted significantly to $1.6M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of $2.1M, and then contracted sharply in the following year.
| Import of Sewing Machine Needle in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 950 | 1,244 | 1,724 | 1,291 | 10.8% |
| Poland | 327 | 275 | 307 | 165 | -20.4% |
| Hungary | 58.4 | 48.1 | 54.0 | 58.7 | 0.2% |
| Others | 131 | 87.5 | 51.6 | 69.8 | -18.9% |
| Total | 1,466 | 1,655 | 2,137 | 1,584 | 2.6% |
Top Suppliers of Sewing Machine Needle to Italy in 2022:
- Germany (98.6M units)
- Poland (31.2M units)
- Hungary (3.4M units)
Sewing Machine Needle Exports in Italy
Sewing machine needle exports from Italy soared to 241M units in 2022, increasing by 82% on the previous year's figure. In general, exports, however, recorded a deep reduction. Over the period under review, the exports hit record highs at 304M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, sewing machine needle exports surged to $548K in 2022. Over the period under review, exports, however, recorded a precipitous decline. The exports peaked at $1.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Sewing Machine Needle in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Albania | 62.4 | 124 | 131 | 105 | 18.9% |
| Romania | 65.1 | 45.8 | 43.3 | 84.4 | 9.0% |
| Germany | 7.6 | 4.4 | 2.0 | 78.2 | 117.5% |
| Tunisia | 112 | 38.5 | 111 | 57.7 | -19.8% |
| Spain | 9.6 | 12.8 | 11.9 | 37.2 | 57.1% |
| France | 7.6 | 8.2 | 7.9 | 21.9 | 42.3% |
| Czech Republic | N/A | N/A | N/A | 15.5 | 0% |
| Bulgaria | 40.9 | 0.4 | 6.4 | 8.1 | -41.7% |
| Portugal | 2.7 | 3.7 | 0.8 | 6.2 | 31.9% |
| Algeria | 799 | 292 | N/A | N/A | -63.5% |
| Others | 122 | 137 | 97.9 | 134 | 3.2% |
| Total | 1,229 | 666 | 412 | 548 | -23.6% |
Top Export Markets for Sewing Machine Needle from Italy in 2022:
- Romania (173.2M units)
- Czech Republic (17.2M units)
- France (9.4M units)
- Albania (6.6M units)
- Spain (6.5M units)
- Tunisia (6.4M units)
- Germany (6.3M units)
- Portugal (3.7M units)
- Bulgaria (1.6M units)
This report provides an in-depth analysis of the sewing machine needle market in Italy. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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This report provides an in-depth analysis of the sewing machine needle market in Italy.
753
This report provides an in-depth analysis of the household sewing machine market in Italy.
325
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in Italy.
331
This report provides an in-depth analysis of the sewing machine furniture market in Italy.
396
This report provides an in-depth analysis of the market for industrial automatic sewing machine in Italy.
441
This report provides an in-depth analysis of the industrial sewing machine market in Italy.
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This report provides an in-depth analysis of the global sewing machine needle market.
3305
This report provides an in-depth analysis of the global household sewing machine market.
446
This report provides an in-depth analysis of the global market for industrial sewing machines (non-automatic).
625
This report provides an in-depth analysis of the global sewing machine furniture market.
346
In May 2023, the price of Sewing Machine Furniture was $26,834 per ton (FOB, Italy), showing a decrease of 16.2% compared to the previous month.
365
In March 2023, the industrial automatic sewing machine price amounted to $1,004 per unit (FOB, Italy), declining by -1.6% against the previous month.
3878
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
907
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
1207
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4148
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
346
In May 2023, the price of Sewing Machine Furniture was $26,834 per ton (FOB, Italy), showing a decrease of 16.2% compared to the previous month.
365
In March 2023, the industrial automatic sewing machine price amounted to $1,004 per unit (FOB, Italy), declining by -1.6% against the previous month.
3878
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
907
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
