Singapore - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHousehold Sewing Machine Price in Singapore - 2022
Contents:
- Household Sewing Machine Price in Singapore (CIF) - 2022
- Household Sewing Machine Price in Singapore (FOB) - 2022
- Household Sewing Machine Imports in Singapore
- Household Sewing Machine Exports in Singapore
Household Sewing Machine Price in Singapore (CIF) - 2022
In 2022, the average household sewing machine import price amounted to $16 per unit, falling by -5.8% against the previous year. Overall, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 6.8% against the previous year. Over the period under review, average import prices reached the peak figure at $147 per unit in 2012; however, from 2013 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 Vietnam ($55 per unit), while the price for China ($9.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-6.0%), while the prices for the other major suppliers experienced a decline.
Household Sewing Machine Price in Singapore (FOB) - 2022
The average household sewing machine export price stood at $20 per unit in 2022, rising by 28% against the previous year. Over the period under review, the export price, however, showed a sharp contraction. The export price peaked at $191 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($120 per unit), while the average price for exports to Afghanistan ($3.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-12.5%), while the prices for the other major destinations experienced a decline.
Household Sewing Machine Imports in Singapore
Household sewing machine imports into Singapore was estimated at 156K units in 2022, increasing by 6.7% against the previous year. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of 157K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, household sewing machine imports stood at $2.5M in 2022. Overall, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 9% against the previous year. As a result, imports attained the peak of $3.3M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Household Sewing Machine in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 477 | 1,040 | 1,133 | 881 | 22.7% |
| Vietnam | 1,414 | 1,207 | 352 | 741 | -19.4% |
| Taiwan (Chinese) | 378 | 342 | 538 | 419 | 3.5% |
| Japan | 322 | 402 | 228 | 238 | -9.6% |
| Others | 411 | 282 | 276 | 260 | -14.2% |
| Total | 3,002 | 3,271 | 2,526 | 2,539 | -5.4% |
Top Suppliers of Household Sewing Machine to Singapore in 2022:
- China (94.1K units)
- Taiwan (Chinese) (24.3K units)
- Japan (21.3K units)
- Vietnam (13.5K units)
Household Sewing Machine Exports in Singapore
In 2022, approx. 53K units of household sewing machines were exported from Singapore; jumping by 18% on 2021. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 32% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, household sewing machine exports soared to $1.1M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Household Sewing Machine in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 94.1 | 7.6 | 159 | 204 | 29.4% |
| Vietnam | 181 | 17.9 | 139 | 178 | -0.6% |
| Australia | 48.0 | 114 | 55.0 | 98.9 | 27.2% |
| Indonesia | 40.0 | 129 | 12.5 | 84.4 | 28.3% |
| Maldives | 25.8 | 51.3 | 63.1 | 80.8 | 46.3% |
| South Africa | 9.8 | 63.9 | 49.7 | 63.6 | 86.5% |
| Thailand | 43.2 | 54.8 | 3.5 | 46.8 | 2.7% |
| Tonga | 5.2 | 8.5 | 29.9 | 38.3 | 94.6% |
| Myanmar | 78.8 | 1.1 | 0.1 | 35.9 | -23.1% |
| Cote d'Ivoire | 10.6 | 15.0 | 21.6 | 27.7 | 37.7% |
| Malaysia | 25.3 | 0.3 | 3.7 | 13.0 | -19.9% |
| Nigeria | 5.7 | 1.2 | 2.5 | 4.2 | -9.7% |
| Afghanistan | 2.3 | 1.3 | 2.1 | 2.7 | 5.5% |
| Others | 279 | 186 | 172 | 195 | -11.3% |
| Total | 848 | 652 | 713 | 1,073 | 8.2% |
Top Export Markets for Household Sewing Machine from Singapore in 2022:
- Vietnam (15.2K units)
- Indonesia (7.2K units)
- Cote d'Ivoire (6.5K units)
- Sri Lanka (5.7K units)
- Thailand (4.4K units)
- Maldives (3.7K units)
- Tonga (1.8K units)
- Malaysia (1.5K units)
- South Africa (1.3K units)
- Myanmar (1.1K units)
- Nigeria (0.9K units)
- Afghanistan (0.8K units)
- Australia (0.8K units)
This report provides an in-depth analysis of the household sewing machine market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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3809
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...
882
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...
1184
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4096
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.
3809
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...
882
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...
1184
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4096
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.
