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India - Furniture, Bases And Covers For Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Furniture Price in India - 2023
Contents:
- Sewing Machine Furniture Price in India (CIF) - 2023
- Sewing Machine Furniture Price in India (FOB) - 2022
- Sewing Machine Furniture Imports in India
- Sewing Machine Furniture Exports in India
Sewing Machine Furniture Price in India (CIF) - 2023
The average sewing machine furniture import price stood at $3,038 per ton in July 2023, dropping by -3.2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 101% against the previous month. As a result, import price reached the peak level of $4,646 per ton. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Malaysia ($2,860 per ton), while the price for China amounted to $2,174 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+2.7%).
Sewing Machine Furniture Price in India (FOB) - 2022
In 2022, the average sewing machine furniture export price amounted to $2,819 per ton, with an increase of 19% against the previous year. Over the period under review, the export price, however, saw a noticeable reduction. Over the period under review, the average export prices hit record highs at $4,645 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nepal ($5,158 per ton), while the average price for exports to Myanmar ($637 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Machine Furniture Imports in India
In 2022, approx. 2.4K tons of furniture, bases and covers for sewing machines were imported into India; picking up by 26% compared with the previous year's figure. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +110.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, sewing machine furniture imports soared to $27M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Sewing Machine Furniture in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.3 | 7.7 | 13.1 | 17.4 | 9.4% |
Taiwan (Chinese) | 1.2 | 0.9 | 1.4 | 1.8 | 14.5% |
Singapore | 1.2 | 0.5 | 1.2 | 1.6 | 10.1% |
Malaysia | 1.8 | 1.0 | 1.6 | 1.4 | -8.0% |
Others | 4.9 | 3.3 | 4.0 | 5.1 | 1.3% |
Total | 22.4 | 13.4 | 21.2 | 27.3 | 6.8% |
Top Suppliers of Sewing Machine Furniture to India in 2022:
- China (2091.9 tons)
- Malaysia (164.7 tons)
- Taiwan (Chinese) (37.0 tons)
- Singapore (31.9 tons)
Sewing Machine Furniture Exports in India
In 2022, after three years of growth, there was significant decline in overseas shipments of furniture, bases and covers for sewing machines, when their volume decreased by -27.8% to 4.1K tons. Over the period under review, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, the exports reached the peak of 5.6K tons, and then reduced rapidly in the following year.
In value terms, sewing machine furniture exports shrank to $11M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. As a result, the exports attained the peak of $13M, and then declined in the following year.
Export of Sewing Machine Furniture in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | 877 | 900 | 1,272 | 1,854 | 28.3% |
United Arab Emirates | 450 | 431 | 814 | 1,136 | 36.2% |
Nepal | 1,370 | 951 | 1,546 | 1,060 | -8.2% |
Bangladesh | 939 | 1,752 | 1,188 | 782 | -5.9% |
Tanzania | 387 | 271 | 541 | 488 | 8.0% |
Uganda | 75.0 | 215 | 372 | 488 | 86.7% |
Mali | 253 | 281 | 378 | 470 | 22.9% |
Yemen | 594 | 619 | 979 | 440 | -9.5% |
Kenya | 275 | 301 | 492 | 429 | 16.0% |
Burkina Faso | 242 | 190 | 137 | 279 | 4.9% |
Guinea | 70.7 | 215 | 381 | 233 | 48.8% |
Togo | 28.3 | 9.7 | 196 | 204 | 93.2% |
Myanmar | 199 | 225 | 366 | 112 | -17.4% |
Others | 4,261 | 3,152 | 4,677 | 3,522 | -6.2% |
Total | 10,022 | 9,513 | 13,341 | 11,495 | 4.7% |
Top Export Markets for Sewing Machine Furniture from India in 2022:
- United Arab Emirates (505.2 tons)
- Nigeria (438.9 tons)
- Bangladesh (401.8 tons)
- Uganda (285.8 tons)
- Mali (274.7 tons)
- Yemen (242.5 tons)
- Tanzania (239.0 tons)
- Nepal (205.5 tons)
- Myanmar (176.3 tons)
- Burkina Faso (148.8 tons)
- Kenya (132.1 tons)
- Guinea (124.0 tons)
- Togo (97.1 tons)
This report provides an in-depth analysis of the sewing machine furniture market in India. 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 28945260 - Furniture, bases and covers for sewing machines and parts thereof, other parts of sewing machines
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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 sewing machine furniture market in India.
This report provides an in-depth analysis of the household sewing machine market in India.
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in India.
This report provides an in-depth analysis of the market for industrial automatic sewing machine in India.
This report provides an in-depth analysis of the industrial sewing machine market in India.
This report provides an in-depth analysis of the sewing machine needle market in India.
This report provides an in-depth analysis of the global sewing machine furniture market.
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 market for industrial automatic sewing machine.
The exports of Household Sewing Machines reached a peak of 1.2M units in 2021 but failed to regain momentum from 2022 to 2023. In terms of value, exports declined to $17M in 2023.
The price of Industrial Automatic Sewing Machine in June 2023 was $226 per unit (CIF, India), showing a 6.8% increase compared to the previous month.
During the review period, industrial sewing machine imports peaked in November 2023, with a value of $19M.
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.
The exports of Household Sewing Machines reached a peak of 1.2M units in 2021 but failed to regain momentum from 2022 to 2023. In terms of value, exports declined to $17M in 2023.
The price of Industrial Automatic Sewing Machine in June 2023 was $226 per unit (CIF, India), showing a 6.8% increase compared to the previous month.
During the review period, industrial sewing machine imports peaked in November 2023, with a value of $19M.