China - Industrial Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Automatic Sewing Machine in China - 2023
Contents:
- Price for Industrial Automatic Sewing Machine in China (FOB) - 2023
- Price for Industrial Automatic Sewing Machine in China (CIF) - 2023
- Exports of Industrial Automatic Sewing Machine in China
- Imports of Industrial Automatic Sewing Machine in China
Price for Industrial Automatic Sewing Machine in China (FOB) - 2023
The average industrial automatic sewing machine export price stood at $298 per unit in September 2023, which is down by -10.8% against the previous month. Overall, the export price saw a slight shrinkage. The pace of growth appeared the most rapid in February 2023 an increase of 8.9% m-o-m. The export price peaked at $371 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 export markets. In September 2023, the country with the highest price was Vietnam ($742 per unit), while the average price for exports to the United States ($55.4 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 United Arab Emirates (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Industrial Automatic Sewing Machine in China (CIF) - 2023
In September 2023, the average industrial automatic sewing machine import price amounted to $2,040 per unit, waning by -19.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 47% m-o-m. Over the period under review, average import prices reached the maximum at $2,542 per unit in August 2023, and then reduced remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($9,909 per unit), while the price for Vietnam ($1,913 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Industrial Automatic Sewing Machine in China
In 2022, approx. 3.4M units of industrial automatic sewing machines were exported from China; picking up by 7.8% against the previous year. The total export volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, industrial automatic sewing machine exports surged to $1.3B in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
Export of Industrial Automatic Sewing Machine in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 163 | 105 | 145 | 173 | 2.0% |
India | 89.1 | 66.8 | 114 | 149 | 18.7% |
Bangladesh | 42.8 | 25.9 | 64.2 | 79.5 | 22.9% |
Malaysia | 27.6 | 15.4 | 47.3 | 58.5 | 28.5% |
Indonesia | 47.1 | 30.5 | 45.1 | 53.1 | 4.1% |
Brazil | 32.3 | 34.7 | 50.8 | 48.2 | 14.3% |
United Arab Emirates | 0.9 | 6.2 | 29.5 | 45.4 | 269.5% |
Turkey | 15.4 | 30.5 | 42.9 | 44.6 | 42.5% |
Singapore | 28.0 | 12.7 | 28.2 | 41.7 | 14.2% |
Russia | 17.1 | 26.1 | 33.0 | 40.8 | 33.6% |
Uzbekistan | 28.0 | 13.2 | 32.8 | 28.9 | 1.1% |
Pakistan | 13.2 | 18.5 | 25.0 | 28.1 | 28.6% |
Nigeria | 6.7 | 6.3 | 11.4 | 11.3 | 19.0% |
Others | 349 | 336 | 420 | 450 | 8.8% |
Total | 859 | 728 | 1,089 | 1,252 | 13.4% |
Top Export Markets for Industrial Automatic Sewing Machine from China in 2022:
- India (619.2K units)
- Vietnam (298.7K units)
- Indonesia (198.0K units)
- Bangladesh (164.1K units)
- United Arab Emirates (161.7K units)
- Uzbekistan (138.2K units)
- Russia (119.6K units)
- Brazil (116.5K units)
- Singapore (104.8K units)
- Pakistan (102.5K units)
- Malaysia (101.0K units)
- Nigeria (92.7K units)
- Turkey (78.6K units)
Imports of Industrial Automatic Sewing Machine in China
In 2022, the amount of industrial automatic sewing machines imported into China shrank rapidly to 38K units, dropping by -15.5% on the previous year's figure. Overall, imports saw a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of 45K units, and then contracted sharply in the following year.
In value terms, industrial automatic sewing machine imports declined notably to $84M in 2022. Over the period under review, imports showed a deep slump. The growth pace was the most rapid in 2021 when imports increased by 66%. As a result, imports reached the peak of $108M, and then shrank significantly in the following year.
Import of Industrial Automatic Sewing Machine in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 32.2 | 20.0 | 26.2 | 25.5 | -7.5% |
Vietnam | 10.5 | 7.3 | 16.1 | 15.9 | 14.8% |
Germany | 22.9 | 10.2 | 22.2 | 13.4 | -16.4% |
Taiwan (Chinese) | 21.0 | N/A | N/A | N/A | 0% |
Czech Republic | 6.8 | N/A | N/A | N/A | 0% |
Others | 6.3 | 27.4 | 43.1 | 29.3 | 66.9% |
Total | 99.6 | 64.9 | 108 | 84.1 | -5.5% |
Top Suppliers of Industrial Automatic Sewing Machine to China in 2022:
- Japan (12.6K units)
- Vietnam (4.7K units)
- Germany (4.7K units)
This report provides an in-depth analysis of the market for industrial automatic sewing machine 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 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)
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 market for industrial automatic sewing machine in China.
This report provides an in-depth analysis of the industrial sewing machine market in China.
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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.
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 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.
In value terms, industrial automatic sewing machine exports declined to $88M in April 2023.