Report Update: Apr 1, 2024

Japan - Furniture, Bases And Covers For Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Article Publishing Date: Jul 20, 2023

Price of Japanese Sewing Machine Furniture Soars to a Record $145 per Kg, Increasing by 59%

Japan Sewing Machine Furniture Export Price in April 2023

In April 2023, the sewing machine furniture price stood at $145K per ton (FOB, Japan), increasing by 59% against the previous month. Overall, export price indicated tangible growth from April 2022 to April 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, sewing machine furniture export price increased by +58.9% against March 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was China ($246K per ton), while the average price for exports to Vietnam ($36,082 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRY	Export Price of Sewing Machine Furniture in Japan (USD per ton)
COUNTRY	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023
China	73,338	108,713	77,541	84,883	63,651	131,917	76,628	64,193	92,150	101,325	86,797	102,917	246,380
United States	185,679	194,234	200,498	329,029	255,037	174,651	312,874	348,061	182,560	329,579	284,578	267,820	241,856
Hong Kong	275,013	262,445	238,337	254,914	305,259	341,160	184,463	192,467	251,903	299,098	267,895	258,686	224,728
Turkey	263,358	254,143	177,041	241,548	325,007	196,638	181,966	214,365	217,273	329,955	226,048	297,837	219,745
Taiwan (Chinese)	153,840	155,133	141,579	203,178	250,786	150,642	184,649	119,833	161,792	122,728	174,452	90,370	188,374
Singapore	168,723	146,675	169,942	157,879	99,106	126,169	163,164	169,360	169,278	126,488	218,580	97,019	147,940
United Arab Emirates	105,726	442,601	76,650	109,386	N/A	148,077	144,018	154,221	128,024	80,212	96,331	124,894	77,048
Vietnam	40,207	36,335	24,080	30,753	38,849	27,244	45,258	44,434	32,835	36,794	23,945	21,395	36,082
Average	94,378	98,348	72,513	90,817	89,298	95,381	102,397	98,267	102,964	128,542	101,808	91,284	145,095

Japan Sewing Machine Furniture Exports

After two months of growth, shipments abroad of furniture, bases and covers for sewing machines decreased by -46.3% to 44 tons in April 2023. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in March 2023 when exports increased by 47% month-to-month.

In value terms, sewing machine furniture exports reduced to $6.4M (IndexBox estimates) in April 2023. Over the period under review, exports recorded a noticeable decrease. The pace of growth appeared the most rapid in March 2023 with an increase of 32% m-o-m.

Japan Sewing Machine Furniture Exports by Country

Vietnam (18 tons) was the main destination for sewing machine furniture exports from Japan, accounting for a 41% share of total exports. Moreover, sewing machine furniture exports to Vietnam exceeded the volume sent to the second major destination, China (7.3 tons), twofold. The United States (4.3 tons) ranked third in terms of total exports with a 9.9% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume to Vietnam amounted to -5.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: China (-14.4% per month) and the United States (-0.6% per month).

In value terms, the largest markets for sewing machine furniture exported from Japan were China ($1.8M), the United States ($1.1M) and Vietnam ($651K), together comprising 55% of total exports. These countries were followed by Singapore, Hong Kong, Turkey, Taiwan (Chinese) and the United Arab Emirates, which together accounted for a further 21%.

the United Arab Emirates, with a CAGR of +13.2%, recorded the highest rates of growth with regard to the value of exports, among 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 sewing machine furniture market in Japan. 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:

Japan

Data coverage:

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

Japan - Furniture, Bases And Covers For Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights

Price of Japanese Sewing Machine Furniture Soars to a Record $145 per Kg, Increasing by 59%

Japan Sewing Machine Furniture Export Price in April 2023

Japan Sewing Machine Furniture Exports

Japan Sewing Machine Furniture 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

Recommended posts