Australia - Industrial Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Australia - Industrial Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Industrial Sewing Machine Price in Australia - 2023

Contents:

  1. Industrial Sewing Machine Price in Australia (CIF) - 2022
  2. Industrial Sewing Machine Price in Australia (FOB) - 2022
  3. Industrial Sewing Machine Imports in Australia
  4. Industrial Sewing Machine Exports in Australia

Industrial Sewing Machine Price in Australia (CIF) - 2022

The average industrial sewing machine import price stood at $1,484 per unit in 2022, jumping by 52% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,965 per unit), while the price for Singapore ($558 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) (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Industrial Sewing Machine Price in Australia (FOB) - 2022

In 2022, the average industrial sewing machine export price amounted to $394 per unit, shrinking by -11.1% against the previous year. Overall, the export price, however, enjoyed a mild increase. The pace of growth was the most pronounced in 2021 an increase of 119%. As a result, the export price reached the peak level of $442 per unit, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($934 per unit), while the average price for exports to Vietnam ($32 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 Fiji (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Sewing Machine Imports in Australia

After three years of growth, purchases abroad of industrial sewing machines decreased by -30.3% to 5K units in 2022. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 33% against the previous year. Over the period under review, imports reached the peak figure at 7.2K units in 2021, and then dropped rapidly in the following year.

In value terms, industrial sewing machine imports expanded significantly to $7.5M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Industrial Sewing Machine in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1072,0472,4822,44630.2%
SwedenN/AN/AN/A1,1760%
United States7647859141,02410.3%
Singapore4097691,10683126.7%
Germany506402742460-3.1%
Taiwan (Chinese)14825417626120.8%
Japan155190395151-0.9%
Others1,0855091,2491,1100.8%
Total4,1744,9567,0647,46021.4%

Top Suppliers of Industrial Sewing Machine to Australia in 2022:

  1. China (2176.0 units)
  2. Singapore (1489.0 units)
  3. Sweden (349.0 units)
  4. Taiwan (Chinese) (328.0 units)
  5. United States (147.0 units)
  6. Germany (135.0 units)
  7. Japan (131.0 units)

Industrial Sewing Machine Exports in Australia

Industrial sewing machine exports from Australia contracted sharply to 1.3K units in 2022, declining by -32% compared with 2021. Over the period under review, exports recorded a dramatic slump. Over the period under review, the exports attained the maximum at 4.5K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, industrial sewing machine exports contracted notably to $524K in 2022. In general, exports showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of $867K, and then dropped rapidly in the following year.

Export of Industrial Sewing Machine in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New Guinea4.626.4251167231.1%
New Zealand231376183158-11.9%
United States33.364.166.098.743.6%
Fiji1480.416322.4-46.7%
New Caledonia48.75.02.34.7-54.1%
VietnamN/AN/AN/A3.20%
FranceN/AN/A1.92.426.3%
Philippines47.160.7N/A0.3-81.5%
United KingdomN/A22.7N/AN/A0%
French Polynesia20.213.32.6N/A-64.1%
Indonesia54.2N/AN/AN/A0%
Others73.419.819667.3-2.9%
Total660589867524-7.4%

Top Export Markets for Industrial Sewing Machine from Australia in 2022:

  1. New Zealand (596.0 units)
  2. Papua New Guinea (362.0 units)
  3. United States (159.0 units)
  4. Vietnam (100.0 units)
  5. New Caledonia (40.0 units)
  6. Fiji (24.0 units)
  7. France (20.0 units)
  8. Philippines (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial sewing machine market in Australia. 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)
  • Prodcom 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)

Country coverage:

  • Australia

Data coverage:

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