Singapore - Furniture, Bases And Covers For Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Furniture Price in Singapore - 2022
Contents:
- Sewing Machine Furniture Price in Singapore (CIF) - 2022
- Sewing Machine Furniture Price in Singapore (FOB) - 2022
- Sewing Machine Furniture Imports in Singapore
- Sewing Machine Furniture Exports in Singapore
Sewing Machine Furniture Price in Singapore (CIF) - 2022
The average sewing machine furniture import price stood at $13,382 per ton in 2022, leveling off at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 26%. As a result, import price reached the peak level of $17,224 per ton. From 2017 to 2022, the average import prices remained 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 ($21,940 per ton), while the price for China ($7,718 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Sewing Machine Furniture Price in Singapore (FOB) - 2022
In September 2022, the average sewing machine furniture export price amounted to $120K per ton, increasing by 55% against the previous month. In general, the export price, however, saw a drastic downturn. Over the period under review, the average export prices hit record highs at $200K per ton in June 2022; however, from July 2022 to September 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was Malaysia ($411K per ton), while the average price for exports to Bangladesh ($43,334 per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+83.4%), while the prices for the other major destinations experienced mixed trend patterns.
Sewing Machine Furniture Imports in Singapore
In 2022, the amount of furniture, bases and covers for sewing machines imported into Singapore declined to 2.7K tons, shrinking by -9.1% against the previous year. Overall, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 80%.
In value terms, sewing machine furniture imports contracted to $37M in 2022. Over the period under review, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 88% against the previous year. As a result, imports attained the peak of $40M, and then declined in the following year.
Import of Sewing Machine Furniture in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 10.8 | 5.5 | 14.1 | 10.1 | -2.2% |
Japan | 10.8 | 4.0 | 6.8 | 9.4 | -4.5% |
China | 8.0 | 5.6 | 11.2 | 9.4 | 5.5% |
Malaysia | 6.0 | 2.6 | 5.4 | 5.7 | -1.7% |
Vietnam | 0.8 | 0.8 | 1.0 | 0.8 | 0.0% |
United States | 0.7 | 0.4 | 0.4 | 0.6 | -5.0% |
Germany | 0.7 | 0.7 | 0.7 | 0.3 | -24.6% |
Others | 1.1 | 1.7 | 0.5 | 0.4 | -28.6% |
Total | 39.0 | 21.4 | 40.1 | 36.6 | -2.1% |
Top Suppliers of Sewing Machine Furniture to Singapore in 2022:
- China (1213.3 tons)
- Taiwan (Chinese) (525.8 tons)
- Malaysia (431.2 tons)
- Japan (426.8 tons)
- United States (45.6 tons)
- Vietnam (43.6 tons)
- Germany (25.7 tons)
Sewing Machine Furniture Exports in Singapore
In 2022, approx. 708 tons of furniture, bases and covers for sewing machines were exported from Singapore; with a decrease of -3.8% against the previous year. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year.
In value terms, sewing machine furniture exports stood at $16M in 2022. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 10% against the previous year.
Export of Sewing Machine Furniture in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | 2.5 | 1.6 | 2.2 | 2.6 | 1.3% |
Indonesia | 2.5 | 1.7 | 2.0 | 2.5 | 0.0% |
Vietnam | 3.9 | 2.6 | 2.5 | 2.2 | -17.4% |
Taiwan (Chinese) | 1.4 | 0.3 | 0.6 | 1.1 | -7.7% |
Thailand | 1.5 | 1.2 | 1.1 | 1.1 | -9.8% |
India | 2.0 | 0.7 | 1.0 | 1.0 | -20.6% |
Hong Kong SAR | 0.6 | 0.9 | 1.1 | 1.0 | 18.6% |
Malaysia | 0.9 | 0.8 | 0.8 | 0.6 | -12.6% |
Sri Lanka | 0.9 | 0.6 | 0.7 | 0.6 | -12.6% |
Pakistan | 0.6 | 0.3 | 0.3 | 0.5 | -5.9% |
Philippines | 0.2 | 0.2 | 0.6 | 0.4 | 26.0% |
South Africa | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
Myanmar | N/A | 0.1 | N/A | N/A | 0% |
Others | 5.8 | 3.2 | 2.6 | 2.2 | -27.6% |
Total | 22.9 | 14.3 | 15.7 | 16.2 | -10.9% |
Top Export Markets for Sewing Machine Furniture from Singapore in 2022:
- Indonesia (118.1 tons)
- Vietnam (104.1 tons)
- Bangladesh (65.6 tons)
- Thailand (53.0 tons)
- Taiwan (Chinese) (49.0 tons)
- Hong Kong SAR (48.5 tons)
- India (46.9 tons)
- Sri Lanka (28.6 tons)
- Malaysia (25.9 tons)
- Pakistan (22.7 tons)
- Philippines (17.9 tons)
- South Africa (13.7 tons)
- Myanmar (13.3 tons)
This report provides an in-depth analysis of the sewing machine furniture market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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 Singapore.
This report provides an in-depth analysis of the household sewing machine market in Singapore.
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in Singapore.
This report provides an in-depth analysis of the market for industrial automatic sewing machine in Singapore.
This report provides an in-depth analysis of the industrial sewing machine market in Singapore.
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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 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 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.