Thailand - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHousehold Sewing Machine Price in Thailand - 2023
Contents:
- Household Sewing Machine Price in Thailand (FOB) - 2023
- Household Sewing Machine Price in Thailand (CIF) - 2023
- Household Sewing Machine Exports in Thailand
- Household Sewing Machine Imports in Thailand
Household Sewing Machine Price in Thailand (FOB) - 2023
The average household sewing machine export price stood at $112 per unit in September 2023, increasing by 24% against the previous month. Over the period under review, the export price, however, saw a pronounced reduction. Over the period under review, the average export prices attained the peak figure at $156 per unit in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the United States ($270 per unit), while the average price for exports to Chile ($61.2 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Household Sewing Machine Price in Thailand (CIF) - 2023
The average household sewing machine import price stood at $22.2 per unit in September 2023, which is down by -42.4% against the previous month. Overall, the import price showed a pronounced slump. The pace of growth was the most pronounced in July 2023 when the average import price increased by 138% month-to-month. The import price peaked at $39.3 per unit in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($64.6 per unit), while the price for China stood at $7.0 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+9.1%).
Household Sewing Machine Exports in Thailand
In 2022, after three years of growth, there was significant decline in shipments abroad of household sewing machines, when their volume decreased by -44.8% to 658K units. Over the period under review, exports recorded a pronounced decline. The pace of growth appeared the most rapid in 2020 with an increase of 53%. Over the period under review, the exports hit record highs at 1.2M units in 2021, and then reduced sharply in the following year.
In value terms, household sewing machine exports shrank dramatically to $84M in 2022. In general, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 50%. The exports peaked at $120M in 2021, and then fell notably in the following year.
Export of Household Sewing Machine in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.9 | 29.1 | 27.1 | 29.4 | 18.0% |
India | 6.2 | 6.5 | 7.6 | 9.0 | 13.2% |
Switzerland | 5.2 | 6.0 | 7.1 | 7.9 | 15.0% |
Germany | 5.8 | 16.9 | 11.3 | 5.2 | -3.6% |
Australia | 4.0 | 4.2 | 5.0 | 3.2 | -7.2% |
Japan | 2.7 | 5.9 | 4.6 | 2.6 | -1.3% |
China | 1.9 | 2.4 | 3.2 | 2.3 | 6.6% |
Russia | 3.3 | 3.8 | 6.8 | 2.3 | -11.3% |
United Kingdom | 2.4 | 3.7 | 4.7 | 2.0 | -5.9% |
United Arab Emirates | 2.3 | 1.2 | 1.5 | 1.8 | -7.8% |
Estonia | 2.3 | 2.8 | 2.5 | 1.3 | -17.3% |
Latvia | 4.0 | 4.9 | 4.6 | 1.3 | -31.2% |
Chile | 0.8 | 1.3 | 1.8 | 1.1 | 11.2% |
Others | 17.3 | 25.7 | 31.7 | 14.9 | -4.9% |
Total | 76.0 | 114 | 120 | 84.2 | 3.5% |
Top Export Markets for Household Sewing Machine from Thailand in 2022:
- India (155.4K units)
- United States (114.4K units)
- China (36.0K units)
- Japan (32.2K units)
- United Arab Emirates (31.8K units)
- Russia (29.4K units)
- Australia (25.8K units)
- Latvia (22.0K units)
- Estonia (20.0K units)
- United Kingdom (18.5K units)
- Chile (18.5K units)
- Switzerland (14.2K units)
- Germany (13.4K units)
Household Sewing Machine Imports in Thailand
In 2022, household sewing machine imports into Thailand surged to 92K units, jumping by 54% compared with the year before. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 82% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, household sewing machine imports stood at $2.8M in 2022. Over the period under review, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. As a result, imports reached the peak of $6M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Household Sewing Machine in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 1.8 | 3.8 | 1.5 | 1.9 | 1.8% |
China | 1.0 | 1.2 | 0.9 | 0.4 | -26.3% |
Taiwan (Chinese) | 0.5 | 0.6 | 0.2 | 0.3 | -15.7% |
Japan | 1.9 | 0.1 | N/A | N/A | -94.7% |
Others | 0.1 | 0.3 | 0.1 | 0.1 | 0.0% |
Total | 5.3 | 6.0 | 2.7 | 2.8 | -19.2% |
Top Suppliers of Household Sewing Machine to Thailand in 2022:
- Vietnam (68.8K units)
- China (12.2K units)
- Taiwan (Chinese) (8.7K units)
- Japan (0.2K units)
This report provides an in-depth analysis of the household sewing machine market in Thailand. 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 28944000 - Domestic sewing machines (excluding furniture, bases and covers)
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
This report provides an in-depth analysis of the household sewing machine market in Thailand.
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in Thailand.
This report provides an in-depth analysis of the sewing machine furniture market in Thailand.
This report provides an in-depth analysis of the market for industrial automatic sewing machine in Thailand.
This report provides an in-depth analysis of the industrial sewing machine market in Thailand.
This report provides an in-depth analysis of the sewing machine needle market in Thailand.
This report provides an in-depth analysis of the global household sewing machine market.
This report provides an in-depth analysis of the global market for industrial sewing machines (non-automatic).
This report provides an in-depth analysis of the global sewing machine furniture market.
This report provides an in-depth analysis of the global market for industrial automatic sewing machine.
During the period analyzed, exports of the Household Sewing Machine peaked at 83K units in August 2023. Unfortunately, from September 2023 to January 2024, exports did not show any significant growth. In terms of value, exports of household sewing machines reached $5.9M in January 2024.
In August 2023, exports of Household Sewing Machines peaked at 83K units, but from September to November 2023, they remained at a lower figure. In November 2023, the value of household sewing machine exports shrank to $4.4M.
In May 2023, the price of Household Sewing Machines held steady at $126 (FOB, Thailand) compared to the previous month.
In April 2023, the industrial sewing machine price amounted to $255 per unit (CIF, Thailand), with a decrease of -18.8% against the previous month.
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...
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...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
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.
During the period analyzed, exports of the Household Sewing Machine peaked at 83K units in August 2023. Unfortunately, from September 2023 to January 2024, exports did not show any significant growth. In terms of value, exports of household sewing machines reached $5.9M in January 2024.
In August 2023, exports of Household Sewing Machines peaked at 83K units, but from September to November 2023, they remained at a lower figure. In November 2023, the value of household sewing machine exports shrank to $4.4M.