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Sri Lanka - Furniture, Bases And Covers For Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Furniture Price in Sri Lanka - 2021
Contents:
- Sewing Machine Furniture Price in Sri Lanka (CIF) - 2022
- Sewing Machine Furniture Price in Sri Lanka (FOB) - 2022
- Sewing Machine Furniture Imports in Sri Lanka
- Sewing Machine Furniture Exports in Sri Lanka
Sewing Machine Furniture Price in Sri Lanka (CIF) - 2022
The average sewing machine furniture import price stood at $16,523 per ton in 2022, rising by 49% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sewing machine furniture import price increased by +77.2% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 59% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($118,388 per ton), while the price for India ($1,860 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sewing Machine Furniture Price in Sri Lanka (FOB) - 2022
The average sewing machine furniture export price stood at $25,899 per ton in 2022, jumping by 47% against the previous year. In general, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 53%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($87,288 per ton), while the average price for exports to Solomon Islands ($424 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 Kenya (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Machine Furniture Imports in Sri Lanka
In 2022, the amount of furniture, bases and covers for sewing machines imported into Sri Lanka dropped notably to 382 tons, which is down by -63.6% against 2021 figures. Over the period under review, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 74% against the previous year. As a result, imports reached the peak of 1.1K tons, and then shrank significantly in the following year.
In value terms, sewing machine furniture imports fell remarkably to $6.3M in 2022. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 108%. As a result, imports reached the peak of $12M, and then declined sharply in the following year.
Import of Sewing Machine Furniture in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 1,093 | 878 | 2,557 | 1,192 | 2.9% |
China | 1,367 | 1,079 | 2,320 | 1,156 | -5.4% |
Singapore | 1,562 | 988 | 1,452 | 964 | -14.9% |
Italy | 868 | 408 | 686 | 559 | -13.6% |
India | 537 | 284 | 865 | 239 | -23.7% |
Hong Kong SAR | 185 | 142 | 366 | 154 | -5.9% |
United Kingdom | 266 | 98.5 | 279 | 137 | -19.8% |
Others | 2,178 | 1,746 | 3,175 | 1,917 | -4.2% |
Total | 8,055 | 5,624 | 11,700 | 6,320 | -7.8% |
Top Suppliers of Sewing Machine Furniture to Sri Lanka in 2022:
- China (166.3 tons)
- India (128.7 tons)
- Italy (20.1 tons)
- United Kingdom (15.9 tons)
- Taiwan (Chinese) (14.1 tons)
- Hong Kong SAR (13.4 tons)
- Singapore (8.1 tons)
Sewing Machine Furniture Exports in Sri Lanka
Sewing machine furniture exports from Sri Lanka rose remarkably to 29 tons in 2022, picking up by 9.4% compared with 2021. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 265%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, sewing machine furniture exports soared to $740K in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 170%. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Sewing Machine Furniture in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 6.6 | 14.8 | 40.4 | 263 | 241.6% |
Kenya | 7.3 | 22.1 | 62.9 | 111 | 147.7% |
Ethiopia | 21.5 | 19.3 | 76.0 | 102 | 68.0% |
Germany | 0.9 | 0.5 | 22.6 | 53.7 | 290.8% |
Madagascar | 25.3 | 17.4 | 20.0 | 38.8 | 15.3% |
Indonesia | 7.1 | 16.1 | 39.2 | 22.9 | 47.7% |
Jordan | 11.3 | 10.0 | 54.6 | 5.1 | -23.3% |
Maldives | 1.6 | 0.6 | 2.3 | 3.5 | 29.8% |
Solomon Islands | N/A | N/A | N/A | 0.8 | 0% |
Others | 98.1 | 69.8 | 143 | 139 | 12.3% |
Total | 180 | 171 | 461 | 740 | 60.2% |
Top Export Markets for Sewing Machine Furniture from Sri Lanka in 2022:
- Ethiopia (11.1 tons)
- India (6.9 tons)
- Kenya (2.9 tons)
- Germany (2.1 tons)
- Solomon Islands (1.9 tons)
- Maldives (1.3 tons)
- Indonesia (0.8 tons)
- Jordan (0.4 tons)
- Madagascar (0.3 tons)
This report provides an in-depth analysis of the sewing machine furniture market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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
-
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 Sri Lanka.
This report provides an in-depth analysis of the household sewing machine market in Sri Lanka.
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in Sri Lanka.
This report provides an in-depth analysis of the market for industrial automatic sewing machine in Sri Lanka.
This report provides an in-depth analysis of the industrial sewing machine market in Sri Lanka.
This report provides an in-depth analysis of the sewing machine needle market in Sri Lanka.
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.
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 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.