China - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

China - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Household Sewing Machine Price in China - 2023

Contents:

  1. Household Sewing Machine Price in China (FOB) - 2023
  2. Household Sewing Machine Price in China (CIF) - 2022
  3. Household Sewing Machine Exports in China
  4. Household Sewing Machine Imports in China

Household Sewing Machine Price in China (FOB) - 2023

The average household sewing machine export price stood at $29.8 per unit in September 2023, with an increase of 9.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 41% m-o-m. The export price peaked at $39.7 per unit in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Japan ($60.3 per unit), while the average price for exports to France ($10.1 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 UK (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Household Sewing Machine Price in China (CIF) - 2022

The average household sewing machine import price stood at $82 per unit in 2022, reducing by -13.2% against the previous year. Over the period under review, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25%. The import price peaked at $98 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($280 per unit), while the price for Vietnam ($77 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Household Sewing Machine Exports in China

In 2022, after three years of growth, there was significant decline in overseas shipments of household sewing machines, when their volume decreased by -39.1% to 7M units. Overall, exports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2020 with an increase of 50%. Over the period under review, the exports attained the peak figure at 12M units in 2021, and then reduced sharply in the following year.

In value terms, household sewing machine exports declined markedly to $242M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 56% against the previous year. The exports peaked at $365M in 2021, and then fell remarkably in the following year.

Export of Household Sewing Machine in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29.253.147.833.14.3%
Japan14.030.132.820.814.1%
Nigeria11.512.016.510.0-4.6%
Malaysia3.43.48.59.440.4%
Bangladesh15.517.721.39.0-16.6%
Singapore1.43.61.28.481.7%
Germany5.38.49.67.713.3%
Australia2.06.25.86.850.4%
Mexico1.62.05.16.055.4%
Indonesia9.47.98.95.6-15.9%
India4.04.14.45.410.5%
Turkey2.84.24.32.91.2%
Hong Kong SAR0.40.20.12.891.3%
Others97.41561991145.4%
Total1983093652426.9%

Top Export Markets for Household Sewing Machine from China in 2022:

  1. Mexico (696.5K units)
  2. United States (693.2K units)
  3. Germany (514.9K units)
  4. Bangladesh (306.5K units)
  5. Australia (278.2K units)
  6. India (276.4K units)
  7. Japan (252.2K units)
  8. Malaysia (222.7K units)
  9. Turkey (217.5K units)
  10. Nigeria (193.6K units)
  11. Indonesia (187.4K units)
  12. Singapore (182.0K units)
  13. Hong Kong SAR (168.3K units)

Household Sewing Machine Imports in China

In 2022, approx. 99K units of household sewing machines were imported into China; jumping by 23% compared with 2021. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, imports reached the maximum at 100K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, household sewing machine imports totaled $8.1M in 2022. Overall, imports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 7.3%. As a result, imports reached the peak of $9.3M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Household Sewing Machine in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam7.18.56.46.9-0.9%
Taiwan (Chinese)0.50.60.80.66.3%
Thailand0.30.20.30.518.6%
United Arab Emirates0.6N/AN/AN/A0%
Others0.1N/AN/A0.10.0%
Total8.69.37.58.1-2.0%

Top Suppliers of Household Sewing Machine to China in 2022:

  1. Vietnam (90.0K units)
  2. Thailand (5.6K units)
  3. Taiwan (Chinese) (2.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the household sewing machine market 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 28944000 - Domestic sewing machines (excluding furniture, bases and covers)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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