Report Update: May 1, 2024

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

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Industrial Sewing Machine Price in New Zealand - 2023

Industrial Sewing Machine Price in New Zealand (CIF) - 2022

The average industrial sewing machine import price stood at $254 per unit in 2022, reducing by -4.2% against the previous year. Overall, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs at $1,074 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 the United States ($2,555 per unit), while the price for Vietnam ($62 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+56.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Industrial Sewing Machine Price in New Zealand (FOB) - 2022

In 2022, the average industrial sewing machine export price amounted to $408 per unit, reducing by -28.8% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 57% against the previous year. The export price peaked at $656 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($559 per unit), while the average price for exports to the Netherlands ($66 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 Indonesia (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Sewing Machine Imports in New Zealand

After three years of growth, supplies from abroad of industrial sewing machines decreased by -14.2% to 11K units in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. Over the period under review, imports hit record highs at 13K units in 2021, and then contracted in the following year.

In value terms, industrial sewing machine imports shrank sharply to $2.7M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports attained the peak of $3.3M, and then dropped rapidly in the following year.

Import of Industrial Sewing Machine in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	478	648	1,039	599	7.8%
United States	208	213	283	452	29.5%
Vietnam	243	242	281	379	16.0%
Singapore	217	233	275	280	8.9%
Australia	231	206	308	87.6	-27.6%
Taiwan (Chinese)	124	238	96.6	75.5	-15.2%
Japan	164	90.7	142	61.9	-27.7%
Others	636	227	914	809	8.4%
Total	2,301	2,099	3,339	2,744	6.0%

Top Suppliers of Industrial Sewing Machine to New Zealand in 2022:

Vietnam (6.1K units)
China (3.5K units)
Singapore (0.4K units)
Taiwan (Chinese) (0.2K units)
United States (0.2K units)
Australia (0.1K units)
Japan (0.1K units)

Industrial Sewing Machine Exports in New Zealand

After three years of growth, shipments abroad of industrial sewing machines decreased by -54% to 310 units in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 197% against the previous year. The exports peaked at 674 units in 2021, and then contracted significantly in the following year.

In value terms, industrial sewing machine exports dropped significantly to $127K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 322% against the previous year. The exports peaked at $386K in 2021, and then dropped sharply in the following year.

Export of Industrial Sewing Machine in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	N/A	110	115	95.0	-7.1%
Fiji	48.4	6.1	42.9	14.6	-32.9%
Cook Islands	12.8	63.2	24.7	11.5	-3.5%
Netherlands	2.8	0.3	4.4	3.0	2.3%
Tuvalu	N/A	N/A	N/A	0.9	0%
Japan	N/A	40.3	N/A	0.9	-85.1%
Malaysia	N/A	N/A	8.8	N/A	0%
United States	N/A	57.2	2.0	N/A	-96.5%
French Polynesia	N/A	N/A	6.7	N/A	0%
Vanuatu	1.3	6.0	5.6	N/A	107.5%
Samoa	N/A	2.2	2.2	N/A	0.0%
Others	2.6	1.5	175	0.7	-35.4%
Total	67.9	287	386	127	23.2%

Top Export Markets for Industrial Sewing Machine from New Zealand in 2022:

Australia (170.0 units)
Cook Islands (52.0 units)
Netherlands (45.0 units)
Fiji (30.0 units)
Tuvalu (10.0 units)
Samoa (1.0 units)
Japan (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial sewing machine market in New Zealand. 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:

New Zealand

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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