Household Sewing Machine Market Overview in the Czech Republic
In value terms, household sewing machine production amounted to $ in 2019 estimated in export prices. Overall, production continues to indicate a precipitous descent. The pace of growth was the most pronounced in 2011 when the production volume increased by % year-to-year. Household sewing machine production peaked at $ in 2008; however, from 2009 to 2019, production failed to regain the momentum.
The size of the household sewing machine market in the Czech Republic fell modestly to $ in 2019, reducing by -% 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). Overall, consumption showed a significant expansion. The pace of growth appeared the most rapid in 2008 with an increase of % year-to-year. Household sewing machine consumption peaked at $ in 2018, and then contracted in the following year.