Malaysia - Industrial Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndustrial Sewing Machine Price in Malaysia - 2021
Contents:
- Industrial Sewing Machine Price in Malaysia (CIF) - 2021
- Industrial Sewing Machine Price in Malaysia (FOB) - 2021
- Industrial Sewing Machine Imports in Malaysia
- Industrial Sewing Machine Exports in Malaysia
Industrial Sewing Machine Price in Malaysia (CIF) - 2021
In December 2021, the average industrial sewing machine import price amounted to $419 per unit, rising by 3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 11% month-to-month. Over the period under review, average import prices reached the maximum in December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was India ($651 per unit), while the price for Vietnam ($404 per unit) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by India (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Sewing Machine Price in Malaysia (FOB) - 2021
The average industrial sewing machine export price stood at $727 per unit in December 2021, approximately equating the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in January 2021 an increase of 23% month-to-month. The export price peaked at $734 per unit in March 2021; however, from April 2021 to December 2021, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In December 2021, the countries with the highest prices were Singapore ($885 per unit) and Vietnam ($717 per unit), while the average price for exports to Hong Kong SAR ($717 per unit) and Indonesia ($717 per unit) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Sewing Machine Imports in Malaysia
In 2022, approx. 159K units of industrial sewing machines were imported into Malaysia; reducing by -37.1% against the year before. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 63%. Imports peaked at 272K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, industrial sewing machine imports dropped sharply to $76M in 2022. Overall, imports, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 116% against the previous year. As a result, imports reached the peak of $104M, and then declined remarkably in the following year.
| Import of Industrial Sewing Machine in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.2 | 25.8 | 63.9 | 39.9 | 7.4% |
| Vietnam | 25.0 | 9.4 | 5.0 | 9.1 | -28.6% |
| Singapore | 0.2 | 1.7 | 0.5 | 8.0 | 242.0% |
| Hong Kong SAR | 6.0 | 4.3 | 6.3 | 4.1 | -11.9% |
| Japan | 0.9 | 0.8 | 2.6 | 1.4 | 15.9% |
| Cambodia | 0.1 | 0.5 | 1.5 | 0.9 | 108.0% |
| Taiwan (Chinese) | 1.1 | 0.6 | 0.5 | 0.8 | -10.1% |
| India | 0.6 | 0.2 | 4.1 | 0.3 | -20.6% |
| Others | 3.1 | 4.7 | 19.7 | 11.5 | 54.8% |
| Total | 69.2 | 48.1 | 104 | 76.2 | 3.3% |
Top Suppliers of Industrial Sewing Machine to Malaysia in 2022:
- China (100.0K units)
- Vietnam (20.0K units)
- Singapore (8.4K units)
- Hong Kong SAR (7.8K units)
- Japan (7.4K units)
- Cambodia (5.3K units)
- Taiwan (Chinese) (4.3K units)
- India (0.4K units)
Industrial Sewing Machine Exports in Malaysia
Industrial sewing machine exports from Malaysia skyrocketed to 22K units in 2022, growing by 21% on 2021. In general, exports, however, showed a abrupt shrinkage. Over the period under review, the exports reached the maximum at 41K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, industrial sewing machine exports expanded slightly to $22M in 2022. Overall, exports, however, faced a dramatic descent. Over the period under review, the exports hit record highs at $64M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Industrial Sewing Machine in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 14.7 | 7.6 | 6.1 | 5.7 | -27.1% |
| Vietnam | 16.5 | 5.8 | 2.7 | 5.0 | -32.8% |
| Hong Kong SAR | 9.7 | 2.5 | 1.9 | 2.9 | -33.1% |
| India | 8.7 | 2.3 | 2.7 | 2.7 | -32.3% |
| Pakistan | 4.0 | 1.2 | 2.8 | 1.8 | -23.4% |
| Indonesia | 3.1 | 0.7 | 1.4 | 1.0 | -31.4% |
| Taiwan (Chinese) | 1.0 | 0.6 | 1.0 | 0.7 | -11.2% |
| Singapore | 2.3 | 0.6 | 0.5 | 0.6 | -36.1% |
| Sri Lanka | 0.8 | 0.3 | 0.6 | 0.4 | -20.6% |
| Cambodia | 0.7 | N/A | 0.2 | 0.2 | -34.1% |
| Others | 2.0 | 1.0 | 1.1 | 0.8 | -26.3% |
| Total | 63.7 | 22.7 | 21.1 | 21.9 | -29.9% |
Top Export Markets for Industrial Sewing Machine from Malaysia in 2022:
- Bangladesh (6.6K units)
- Vietnam (3.9K units)
- India (3.5K units)
- Pakistan (2.0K units)
- Singapore (1.5K units)
- Indonesia (1.1K units)
- Taiwan (Chinese) (0.8K units)
- Hong Kong SAR (0.7K units)
- Cambodia (0.5K units)
- Sri Lanka (0.5K units)
This report provides an in-depth analysis of the industrial sewing machine market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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
-
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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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...
892
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...
1196
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4124
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.
3842
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...
892
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...
1196
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4124
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.
