Mexico - Furniture, Bases And Covers For Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Furniture Price in Mexico - 2023
Contents:
- Sewing Machine Furniture Price in Mexico (CIF) - 2022
- Sewing Machine Furniture Price in Mexico (FOB) - 2022
- Sewing Machine Furniture Imports in Mexico
- Sewing Machine Furniture Exports in Mexico
Sewing Machine Furniture Price in Mexico (CIF) - 2022
The average sewing machine furniture import price stood at $34,103 per ton in 2022, reducing by -22.6% against the previous year. In general, the import price recorded a deep setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 11%. The import price peaked at $60,065 per ton 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 Japan ($338,042 per ton), while the price for China ($6,604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Sewing Machine Furniture Price in Mexico (FOB) - 2022
The average sewing machine furniture export price stood at $40,179 per ton in 2022, picking up by 2% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sewing machine furniture export price increased by +85.2% against 2015 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
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 +3.6% per year.
Sewing Machine Furniture Imports in Mexico
In 2022, imports of furniture, bases and covers for sewing machines into Mexico surged to 764 tons, growing by 38% on the previous year's figure. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.6% 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 +82.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sewing machine furniture imports stood at $26M in 2022. Over the period under review, imports, however, continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year.
Import of Sewing Machine Furniture in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 11.1 | 7.4 | 9.3 | 10.1 | -3.1% |
United States | 6.1 | 4.4 | 5.1 | 4.9 | -7.0% |
China | 2.9 | 2.0 | 2.8 | 4.0 | 11.3% |
Germany | 3.9 | 3.5 | 4.1 | 3.8 | -0.9% |
Taiwan (Chinese) | 1.6 | 0.8 | 1.2 | 1.4 | -4.4% |
Canada | 0.2 | 0.4 | 0.1 | N/A | -29.3% |
Others | 3.1 | 2.0 | 1.8 | 1.8 | -16.6% |
Total | 28.9 | 20.6 | 24.4 | 26.1 | -3.3% |
Top Suppliers of Sewing Machine Furniture to Mexico in 2022:
- China (608.7 tons)
- Taiwan (Chinese) (41.6 tons)
- United States (38.1 tons)
- Germany (35.9 tons)
- Japan (30.0 tons)
- Canada (1.1 tons)
Sewing Machine Furniture Exports in Mexico
For the third consecutive year, Mexico recorded decline in shipments abroad of furniture, bases and covers for sewing machines, which decreased by -10.5% to 5.1 tons in 2022. Overall, exports faced a significant curtailment.
In value terms, sewing machine furniture exports reduced to $206K in 2022. Over the period under review, exports showed a significant decrease.
Export of Sewing Machine Furniture in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 553 | 236 | 226 | 206 | -28.0% |
Canada | N/A | 98.4 | N/A | N/A | 0% |
Others | 11.6 | 10.6 | N/A | N/A | -8.6% |
Total | 564 | 345 | 226 | 206 | -28.5% |
Top Export Markets for Sewing Machine Furniture from Mexico in 2022:
- United States (5.1 tons)
This report provides an in-depth analysis of the sewing machine furniture 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 28945260 - Furniture, bases and covers for sewing machines and parts thereof, other parts of sewing 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
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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
This report provides an in-depth analysis of the sewing machine furniture market in Mexico.
This report provides an in-depth analysis of the household sewing machine market in Mexico.
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in Mexico.
This report provides an in-depth analysis of the market for industrial automatic sewing machine in Mexico.
This report provides an in-depth analysis of the industrial sewing machine market in Mexico.
This report provides an in-depth analysis of the sewing machine needle market in Mexico.
This report provides an in-depth analysis of the global sewing machine furniture market.
This report provides an in-depth analysis of the global household sewing machine market.
This report provides an in-depth analysis of the global market for industrial sewing machines (non-automatic).
This report provides an in-depth analysis of the global market for industrial automatic sewing machine.
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.
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.
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...
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...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
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.
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.
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.
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...
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...