U.S. - Industrial Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndustrial Sewing Machine Price in the United States - 2023
Contents:
- Industrial Sewing Machine Price in the United States (CIF) - 2022
- Industrial Sewing Machine Price in the United States (FOB) - 2023
- Industrial Sewing Machine Imports in the United States
- Industrial Sewing Machine Exports in the United States
Industrial Sewing Machine Price in the United States (CIF) - 2022
In 2022, the average industrial sewing machine import price amounted to $1,064 per unit, increasing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2013 an increase of 41%. Over the period under review, average import prices attained the maximum at $1,155 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($1,901 per unit), while the price for Taiwan (Chinese) ($655 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) (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Sewing Machine Price in the United States (FOB) - 2023
In September 2023, the average industrial sewing machine export price amounted to $3,439 per unit, increasing by 10% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 20% month-to-month. As a result, the export price attained the peak level of $3,843 per unit; afterwards, it flattened through to September 2023.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Argentina ($12,250 per unit), while the average price for exports to Ecuador ($936 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Sewing Machine Imports in the United States
In 2022, imports of industrial sewing machines into the United States stood at 137K units, therefore, remained relatively stable against the year before. Overall, imports, however, showed a slight setback. The pace of growth was the most pronounced in 2021 when imports increased by 48% against the previous year. Imports peaked at 145K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, industrial sewing machine imports skyrocketed to $146M in 2022. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.3% 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 +54.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Industrial Sewing Machine in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.0 | 22.6 | 34.3 | 42.0 | 0.8% |
| Japan | 39.6 | 17.9 | 31.6 | 29.5 | -9.3% |
| Vietnam | 9.9 | 8.9 | 10.8 | 22.4 | 31.3% |
| Taiwan (Chinese) | 9.9 | 12.9 | 15.3 | 14.5 | 13.6% |
| Germany | 21.5 | 15.9 | 11.1 | 13.8 | -13.7% |
| Canada | 1.1 | 3.1 | 3.3 | 5.0 | 65.7% |
| Others | 17.6 | 13.5 | 14.3 | 18.8 | 2.2% |
| Total | 141 | 94.8 | 121 | 146 | 1.2% |
Top Suppliers of Industrial Sewing Machine to the United States in 2022:
- China (45.2K units)
- Japan (26.3K units)
- Vietnam (25.0K units)
- Taiwan (Chinese) (22.1K units)
- Germany (10.9K units)
- Canada (2.6K units)
Industrial Sewing Machine Exports in the United States
Industrial sewing machine exports from the United States amounted to 35K units in 2022, with an increase of 5.4% compared with 2021 figures. Over the period under review, exports continue to indicate a slight increase. The growth pace was the most rapid in 2021 with an increase of 26%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, industrial sewing machine exports expanded significantly to $102M in 2022. Overall, exports, however, showed a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 14%. The exports peaked at $113M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Industrial Sewing Machine in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 55.3 | 38.7 | 42.7 | 40.9 | -9.6% |
| Canada | 11.7 | 11.0 | 10.5 | 9.3 | -7.4% |
| Honduras | 2.9 | 2.8 | 5.8 | 9.1 | 46.4% |
| Colombia | 5.3 | 2.8 | 5.0 | 6.0 | 4.2% |
| Peru | 3.0 | 3.6 | 3.4 | 4.9 | 17.8% |
| Germany | 4.5 | 3.7 | 3.2 | 3.8 | -5.5% |
| Brazil | 3.5 | 3.2 | 2.7 | 3.4 | -1.0% |
| El Salvador | 1.0 | 1.1 | 1.5 | 2.9 | 42.6% |
| Argentina | 0.3 | 0.2 | 1.8 | 2.4 | 100.0% |
| Dominican Republic | 2.3 | 3.6 | 2.5 | 2.3 | 0.0% |
| Nicaragua | 6.4 | 1.6 | 4.2 | 2.2 | -29.9% |
| Guatemala | 2.0 | 1.2 | 1.5 | 1.8 | -3.5% |
| India | 0.5 | 0.1 | 0.1 | 1.2 | 33.9% |
| Others | 14.6 | 10.6 | 11.4 | 12.0 | -6.3% |
| Total | 113 | 84.3 | 96.2 | 102 | -3.4% |
Top Export Markets for Industrial Sewing Machine from the United States in 2022:
- Mexico (10.5K units)
- Colombia (3.5K units)
- Canada (3.4K units)
- Peru (2.3K units)
- Honduras (2.2K units)
- Argentina (1.7K units)
- Brazil (1.4K units)
- El Salvador (1.4K units)
- Germany (1.3K units)
- Guatemala (1.0K units)
- Nicaragua (0.8K units)
- Dominican Republic (0.8K units)
- India (0.6K units)
This report provides an in-depth analysis of the industrial sewing machine market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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 value terms, household sewing machine imports rose markedly to $11M in March 2023.
3827
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...
886
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...
1189
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4114
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.
3138
In value terms, household sewing machine imports rose markedly to $11M in March 2023.
3827
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...
886
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...
1189
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4114
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.
