Household Sewing Machine Market Overview in the Czech Republic
In value terms, household sewing machine production contracted to $ in 2019 estimated in export prices. In general, production continues to indicate a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of % y-o-y. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to 2019, production failed to regain the momentum.
The size of the household sewing machine market in the Czech Republic declined to $ in 2019, with a decrease of -% 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). In general, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of % against the previous year. Over the period under review, the market attained the maximum level at $ in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.