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Italy - Industrial Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jul 12, 2023

Industrial Automatic Sewing Machine Price in Italy Falls to $1,004 per Unit

Italy Industrial Automatic Sewing Machine Export Price in March 2023

In March 2023, the industrial automatic sewing machine price amounted to $1,004 per unit (FOB, Italy), declining by -1.6% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 33% against the previous month. As a result, the export price attained the peak level of $1.2M per thousand units. From February 2023 to March 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In March 2023, the country with the highest price was North Macedonia ($1,970 per unit), while the average price for exports to Lithuania ($349 per unit) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRY	Export Price of Industrial Automatic Sewing Machine in Italy (USD per unit)
COUNTRY	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023
North Macedonia	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1,470	1,864	1,105	1,970
United Kingdom	N/A	N/A	1,731	1,054	N/A	1,176	459	1,929	N/A	651	2,179	799	1,693
Portugal	2,418	838	N/A	2,519	8,285	N/A	1,407	1,071	1,151	610	N/A	1,567	1,498
Tunisia	N/A	1,858	728	1,089	880	N/A	1,281	564	N/A	910	1,311	1,139	1,215
Bangladesh	1,234	1,163	1,215	1,537	1,276	1,051	1,121	1,066	1,043	1,223	1,307	1,261	1,173
Turkey	924	1,179	670	964	716	737	929	794	662	1,071	497	1,010	1,065
India	N/A	1,650	1,648	N/A	520	1,095	924	1,056	938	N/A	N/A	N/A	835
Hungary	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	621
United States	576	747	5,671	551	558	618	384	551	743	516	850	595	546
Lithuania	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	349
Average	1,077	1,001	1,147	1,194	940	942	744	855	838	924	1,225	1,020	1,004

Italy Industrial Automatic Sewing Machine Exports

In March 2023, shipments abroad of industrial automatic sewing machines decreased by -31.9% to 1.9K units, falling for the second consecutive month after two months of growth. Over the period under review, exports saw a noticeable decrease. The growth pace was the most rapid in April 2022 when exports increased by 63% m-o-m. The exports peaked at 4.8K units in January 2023; however, from February 2023 to March 2023, the exports failed to regain momentum.

In value terms, industrial automatic sewing machine exports reduced dramatically to $1.9M (IndexBox estimates) in March 2023. Overall, exports recorded a perceptible descent. The most prominent rate of growth was recorded in January 2023 when exports increased by 96% m-o-m. As a result, the exports attained the peak of $5.8M. From February 2023 to March 2023, the growth of the exports remained at a lower figure.

Italy Industrial Automatic Sewing Machine Exports by Country

Tunisia (235 units), India (232 units) and the United States (210 units) were the main destinations of industrial automatic sewing machine exports from Italy, with a combined 36% share of total exports.

From March 2022 to March 2023, the biggest increases were in India (with a CAGR of +19.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($286K), India ($194K) and Bangladesh ($185K) appeared to be the largest markets for industrial automatic sewing machine exported from Italy worldwide, together comprising 35% of total exports. These countries were followed by Portugal, North Macedonia, Turkey, the UK, the United States, Hungary and Lithuania, which together accounted for a further 47%.

North Macedonia, with a CAGR of +25.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for industrial automatic sewing machine in Italy. 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:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Italy - Industrial Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights

Industrial Automatic Sewing Machine Price in Italy Falls to $1,004 per Unit

Italy Industrial Automatic Sewing Machine Export Price in March 2023

Italy Industrial Automatic Sewing Machine Exports

Italy Industrial Automatic Sewing Machine Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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