Mexico - Industrial Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndustrial Sewing Machine Price in Mexico - 2023
Contents:
- Industrial Sewing Machine Price in Mexico (CIF) - 2023
- Industrial Sewing Machine Price in Mexico (FOB) - 2022
- Industrial Sewing Machine Imports in Mexico
- Industrial Sewing Machine Exports in Mexico
Industrial Sewing Machine Price in Mexico (CIF) - 2023
The average industrial sewing machine import price stood at $539 per unit in August 2023, shrinking by -67% against the previous month. In general, the import price saw a slight shrinkage. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 105% m-o-m. As a result, import price reached the peak level of $1,632 per unit, and then declined notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,671 per unit), while the price for China ($273 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Industrial Sewing Machine Price in Mexico (FOB) - 2022
In 2022, the average industrial sewing machine export price amounted to $4,286 per unit, rising by 14% against the previous year. Overall, the export price continues to indicate a notable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 93% against the previous year. The export price peaked at $5,412 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
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 the United States amounted to +4.0% per year.
Industrial Sewing Machine Imports in Mexico
Industrial sewing machine imports into Mexico rose rapidly to 138K units in 2022, surging by 7% against the previous year's figure. Overall, imports, however, saw a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 8.8% against the previous year. Imports peaked at 156K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, industrial sewing machine imports amounted to $90M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Industrial Sewing Machine in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.1 | 25.6 | 33.2 | 45.7 | 10.3% |
| Japan | 25.5 | 16.9 | 23.9 | 19.3 | -8.9% |
| United States | 6.1 | 4.9 | 5.1 | 6.9 | 4.2% |
| Czech Republic | 9.5 | 9.1 | 7.0 | 5.1 | -18.7% |
| Others | 10.7 | 8.3 | 17.1 | 12.9 | 6.4% |
| Total | 85.8 | 64.8 | 86.2 | 89.9 | 1.6% |
Top Suppliers of Industrial Sewing Machine to Mexico in 2022:
- China (120.0K units)
- Japan (8.2K units)
- United States (4.7K units)
- Czech Republic (1.3K units)
Industrial Sewing Machine Exports in Mexico
In 2022, exports of industrial sewing machines from Mexico fell remarkably to 835 units, dropping by -42.5% compared with the previous year. Overall, exports recorded a precipitous curtailment. The smallest decline of -19.9% was in 2020. The exports peaked at 3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, industrial sewing machine exports dropped dramatically to $3.6M in 2022. In general, exports saw a sharp shrinkage. The smallest decline of -29.5% was in 2020. Over the period under review, the exports hit record highs at $16M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Industrial Sewing Machine in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.5 | 5.9 | 5.5 | 3.6 | -37.1% |
| Nicaragua | 1.6 | 2.0 | N/A | N/A | 25.0% |
| Honduras | N/A | 3.3 | N/A | N/A | 0% |
| Others | 0.2 | 0.3 | N/A | N/A | 50.0% |
| Total | 16.4 | 11.5 | 5.5 | 3.6 | -39.7% |
Top Export Markets for Industrial Sewing Machine from Mexico in 2022:
- United States (835.0 units)
This report provides an in-depth analysis of the industrial 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 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)
- Prodcom 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)
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
-
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 industrial sewing machine market in Mexico.
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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.
125
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.
3824
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...
885
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...
1188
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4109
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.
229
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.
125
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.
3824
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...
885
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...
