Mexico - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHousehold Sewing Machine Price in Mexico - 2023
Contents:
- Household Sewing Machine Price in Mexico (CIF) - 2023
- Household Sewing Machine Price in Mexico (FOB) - 2022
- Household Sewing Machine Imports in Mexico
- Household Sewing Machine Exports in Mexico
Household Sewing Machine Price in Mexico (CIF) - 2023
The average household sewing machine import price stood at $77.8 per unit in August 2023, with an increase of 8.7% against the previous month. Overall, the import price posted resilient growth. The most prominent rate of growth was recorded in January 2023 an increase of 265% m-o-m. The import price peaked in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($136 per unit), while the price for Vietnam amounted to $76.1 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Household Sewing Machine Price in Mexico (FOB) - 2022
In 2022, the average household sewing machine export price amounted to $175 per unit, with an increase of 36% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, household sewing machine export price increased by +29.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 48%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +18.9% per year.
Household Sewing Machine Imports in Mexico
Household sewing machine imports into Mexico dropped rapidly to 374K units in 2022, shrinking by -47.4% on the year before. Over the period under review, imports showed a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 4.9% against the previous year. Imports peaked at 879K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, household sewing machine imports shrank slightly to $11M in 2022. Overall, imports showed a noticeable curtailment. The growth pace was the most rapid in 2021 when imports increased by 14%. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Household Sewing Machine in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 9.4 | 8.0 | 8.4 | 9.5 | 0.4% |
| China | 1.9 | 1.3 | 2.4 | 1.0 | -19.3% |
| Others | 1.2 | 0.8 | 0.7 | 0.8 | -12.6% |
| Total | 12.5 | 10.1 | 11.5 | 11.4 | -3.0% |
Top Suppliers of Household Sewing Machine to Mexico in 2022:
- China (223.9K units)
- Vietnam (145.3K units)
Household Sewing Machine Exports in Mexico
Household sewing machine exports from Mexico rose to 1K units in 2022, picking up by 2.7% compared with the previous year's figure. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 178%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, household sewing machine exports surged to $177K in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 227% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Household Sewing Machine in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.3 | 35.8 | N/A | 177 | 177.3% |
| Cuba | 14.4 | 37.0 | 126 | N/A | 195.8% |
| Others | N/A | 1.6 | N/A | N/A | 0% |
| Total | 22.7 | 74.3 | 126 | 177 | 98.3% |
Top Export Markets for Household Sewing Machine from Mexico in 2022:
- United States (1.0K units)
This report provides an in-depth analysis of the household sewing machine market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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
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This report provides an in-depth analysis of the household sewing machine market in Mexico.
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This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in Mexico.
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This report provides an in-depth analysis of the sewing machine furniture market in Mexico.
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This report provides an in-depth analysis of the market for industrial automatic sewing machine in Mexico.
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This report provides an in-depth analysis of the industrial sewing machine market in Mexico.
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This report provides an in-depth analysis of the sewing machine needle market in Mexico.
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This report provides an in-depth analysis of the global household sewing machine market.
425
This report provides an in-depth analysis of the global market for industrial sewing machines (non-automatic).
607
This report provides an in-depth analysis of the global sewing machine furniture market.
528
This report provides an in-depth analysis of the global market for industrial automatic sewing machine.
224
In May 2023, the import of Industrial Sewing Machines reached its highest point, with 12,000 units. However, there was a significant decline in the following month. In June 2023, the value of these imports decreased to $7.9 million.
121
Sewing Machine Needle imports reached their peak at 57M units in October 2022. However, from November 2022 to October 2023, imports remained at a lower figure. In terms of value, there was a significant increase in sewing machine needle imports, soaring to $662K in October 2023.
3811
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...
883
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...
1185
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4099
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.
224
In May 2023, the import of Industrial Sewing Machines reached its highest point, with 12,000 units. However, there was a significant decline in the following month. In June 2023, the value of these imports decreased to $7.9 million.
121
Sewing Machine Needle imports reached their peak at 57M units in October 2022. However, from November 2022 to October 2023, imports remained at a lower figure. In terms of value, there was a significant increase in sewing machine needle imports, soaring to $662K in October 2023.
3811
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...
883
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...
