China - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHousehold Sewing Machine Price in China - 2023
Contents:
- Household Sewing Machine Price in China (FOB) - 2023
- Household Sewing Machine Price in China (CIF) - 2022
- Household Sewing Machine Exports in China
- Household Sewing Machine Imports in China
Household Sewing Machine Price in China (FOB) - 2023
The average household sewing machine export price stood at $29.8 per unit in September 2023, with an increase of 9.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 41% m-o-m. The export price peaked at $39.7 per unit in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Japan ($60.3 per unit), while the average price for exports to France ($10.1 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 the UK (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Household Sewing Machine Price in China (CIF) - 2022
The average household sewing machine import price stood at $82 per unit in 2022, reducing by -13.2% against the previous year. Over the period under review, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25%. The import price peaked at $98 per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 Taiwan (Chinese) ($280 per unit), while the price for Vietnam ($77 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Household Sewing Machine Exports in China
In 2022, after three years of growth, there was significant decline in overseas shipments of household sewing machines, when their volume decreased by -39.1% to 7M units. Overall, exports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2020 with an increase of 50%. Over the period under review, the exports attained the peak figure at 12M units in 2021, and then reduced sharply in the following year.
In value terms, household sewing machine exports declined markedly to $242M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 56% against the previous year. The exports peaked at $365M in 2021, and then fell remarkably in the following year.
Export of Household Sewing Machine in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 29.2 | 53.1 | 47.8 | 33.1 | 4.3% |
Japan | 14.0 | 30.1 | 32.8 | 20.8 | 14.1% |
Nigeria | 11.5 | 12.0 | 16.5 | 10.0 | -4.6% |
Malaysia | 3.4 | 3.4 | 8.5 | 9.4 | 40.4% |
Bangladesh | 15.5 | 17.7 | 21.3 | 9.0 | -16.6% |
Singapore | 1.4 | 3.6 | 1.2 | 8.4 | 81.7% |
Germany | 5.3 | 8.4 | 9.6 | 7.7 | 13.3% |
Australia | 2.0 | 6.2 | 5.8 | 6.8 | 50.4% |
Mexico | 1.6 | 2.0 | 5.1 | 6.0 | 55.4% |
Indonesia | 9.4 | 7.9 | 8.9 | 5.6 | -15.9% |
India | 4.0 | 4.1 | 4.4 | 5.4 | 10.5% |
Turkey | 2.8 | 4.2 | 4.3 | 2.9 | 1.2% |
Hong Kong SAR | 0.4 | 0.2 | 0.1 | 2.8 | 91.3% |
Others | 97.4 | 156 | 199 | 114 | 5.4% |
Total | 198 | 309 | 365 | 242 | 6.9% |
Top Export Markets for Household Sewing Machine from China in 2022:
- Mexico (696.5K units)
- United States (693.2K units)
- Germany (514.9K units)
- Bangladesh (306.5K units)
- Australia (278.2K units)
- India (276.4K units)
- Japan (252.2K units)
- Malaysia (222.7K units)
- Turkey (217.5K units)
- Nigeria (193.6K units)
- Indonesia (187.4K units)
- Singapore (182.0K units)
- Hong Kong SAR (168.3K units)
Household Sewing Machine Imports in China
In 2022, approx. 99K units of household sewing machines were imported into China; jumping by 23% compared with 2021. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, imports reached the maximum at 100K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, household sewing machine imports totaled $8.1M in 2022. Overall, imports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 7.3%. As a result, imports reached the peak of $9.3M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Household Sewing Machine in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 7.1 | 8.5 | 6.4 | 6.9 | -0.9% |
Taiwan (Chinese) | 0.5 | 0.6 | 0.8 | 0.6 | 6.3% |
Thailand | 0.3 | 0.2 | 0.3 | 0.5 | 18.6% |
United Arab Emirates | 0.6 | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
Total | 8.6 | 9.3 | 7.5 | 8.1 | -2.0% |
Top Suppliers of Household Sewing Machine to China in 2022:
- Vietnam (90.0K units)
- Thailand (5.6K units)
- Taiwan (Chinese) (2.1K units)
This report provides an in-depth analysis of the household sewing machine market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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 China.
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in China.
This report provides an in-depth analysis of the sewing machine furniture market in China.
This report provides an in-depth analysis of the market for industrial automatic sewing machine in China.
This report provides an in-depth analysis of the industrial sewing machine market in China.
This report provides an in-depth analysis of the sewing machine needle market in China.
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.
Exports of household sewing machines reached a record high of $24 million in June 2023.
In March 2023, Sewing Machine Furniture saw a rapid growth rate of 75% month-to-month. By December 2023, exports of sewing machine furniture had modestly expanded to $34M in value terms.
In February 2023, the price of sewing machine furniture was recorded at $4,980 per ton (FOB, China), indicating a decrease of -6.8% compared to the previous month.
In value terms, industrial automatic sewing machine exports declined to $88M in April 2023.
The value of exports for the Industrial Sewing Machine decreased to $112M in June 2023.
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.
Exports of household sewing machines reached a record high of $24 million in June 2023.