Household Sewing Machine Market Overview in Portugal
In value terms, household sewing machine production amounted to $3.2M in 2010 estimated in export prices. Over the period under review, household sewing machine production continues to indicate a dramatic drop. The pace of growth was the most pronounced in 2009 when production volume decreased by -5% y-o-y. Over the period under review, household sewing machine production attained its maximum level at $10M in 2007; however, from 2008 to 2010, production remained at a lower figure.
The revenue of the household sewing machine market in Portugal amounted to $8.4M in 2010, falling by -34% 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, household sewing machine consumption continues to indicate an abrupt descent. The growth pace was the most rapid in 2009 when the market value decreased by -0.7% against the previous year. Household sewing machine consumption peaked at $14M in 2007; however, from 2008 to 2010, consumption remained at a lower figure.