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

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

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Industrial Sewing Machine Price in Thailand - 2023

Contents:

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

Industrial Sewing Machine Price in Thailand (CIF) - 2022

The average industrial sewing machine import price stood at $228 per unit in 2022, jumping by 33% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 91% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,558 per unit), while the price for China ($139 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) (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Industrial Sewing Machine Price in Thailand (FOB) - 2022

The average industrial sewing machine export price stood at $849 per unit in 2022, dropping by -4% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of 12% against the previous year. The export price peaked at $2,435 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,802 per unit), while the average price for exports to Turkey ($175 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 Poland (+77.3%), while the prices for the other major destinations experienced mixed trend patterns.

Industrial Sewing Machine Imports in Thailand

Industrial sewing machine imports into Thailand contracted to 133K units in 2022, declining by -3% against the previous year's figure. In general, imports saw a significant contraction. Imports peaked at 292K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, industrial sewing machine imports surged to $30M in 2022. Overall, imports recorded a mild descent. Imports peaked at $31M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Industrial Sewing Machine in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.714.512.716.8-5.2%
Japan4.02.03.35.07.7%
Taiwan (Chinese)3.92.53.33.1-7.4%
Others3.83.54.25.513.1%
Total31.322.523.530.4-1.0%

Top Suppliers of Industrial Sewing Machine to Thailand in 2022:

  1. China (121.0K units)
  2. Japan (6.2K units)
  3. Taiwan (Chinese) (2.0K units)

Industrial Sewing Machine Exports in Thailand

After three years of growth, overseas shipments of industrial sewing machines decreased by -25% to 15K units in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 253%. The exports peaked at 20K units in 2021, and then fell rapidly in the following year.

In value terms, industrial sewing machine exports fell sharply to $13M in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 165%. Over the period under review, the exports reached the peak figure at $18M in 2021, and then shrank markedly in the following year.

Export of Industrial Sewing Machine in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic1.12.02.14.863.4%
United StatesN/A7.47.93.1-35.3%
GermanyN/A0.91.71.110.6%
Switzerland0.20.91.51.071.0%
Taiwan (Chinese)0.30.40.50.518.6%
Cambodia2.60.21.10.4-46.4%
AustraliaN/A0.10.50.373.2%
TurkeyN/AN/AN/A0.10%
Myanmar0.20.3N/A0.1-20.6%
SingaporeN/AN/AN/A0.10%
PolandN/AN/AN/A0.10%
India0.10.20.10.10.0%
Others0.50.62.31.130.1%
Total4.913.117.712.837.7%

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

  1. Lao People's Democratic Republic (6.6K units)
  2. United States (2.4K units)
  3. Germany (1.0K units)
  4. Switzerland (0.9K units)
  5. Taiwan (Chinese) (0.8K units)
  6. Turkey (0.4K units)
  7. Poland (0.4K units)
  8. Cambodia (0.4K units)
  9. Myanmar (0.3K units)
  10. India (0.3K units)
  11. Australia (0.2K units)
  12. Singapore (0.2K units)

Source: IndexBox Market Intelligence Platform

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

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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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Free Data: Industrial Sewing Machines - Thailand