Thailand - Furniture, Bases And Covers For Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Furniture Price in Thailand - 2023
Contents:
- Sewing Machine Furniture Price in Thailand (CIF) - 2022
- Sewing Machine Furniture Price in Thailand (FOB) - 2022
- Sewing Machine Furniture Imports in Thailand
- Sewing Machine Furniture Exports in Thailand
Sewing Machine Furniture Price in Thailand (CIF) - 2022
The average sewing machine furniture import price stood at $19,192 per ton in 2022, picking up by 8.2% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 20% against the previous year. As a result, import price attained the peak level of $19,517 per ton. From 2021 to 2022, the average 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 Switzerland ($71,257 per ton), while the price for Indonesia ($1,625 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.4%), while the prices for the other major suppliers experienced a decline.
Sewing Machine Furniture Price in Thailand (FOB) - 2022
In 2022, the average sewing machine furniture export price amounted to $13,563 per ton, with an increase of 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2013 an increase of 30%. As a result, the export price reached the peak level of $14,635 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($66,005 per ton), while the average price for exports to Lao People's Democratic Republic ($3,883 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Machine Furniture Imports in Thailand
In 2022, purchases abroad of furniture, bases and covers for sewing machines decreased by -49.1% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of 2.2K tons, and then dropped dramatically in the following year.
In value terms, sewing machine furniture imports reduced dramatically to $21M in 2022. Overall, imports saw a perceptible downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year.
Import of Sewing Machine Furniture in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 11.7 | 16.4 | 21.0 | 9.7 | -6.1% |
Switzerland | 3.4 | 6.5 | 7.4 | 4.9 | 13.0% |
China | 2.6 | 2.9 | 4.1 | 1.7 | -13.2% |
Indonesia | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
Others | 5.1 | 6.8 | 6.5 | 5.1 | 0.0% |
Total | 22.9 | 32.7 | 39.0 | 21.5 | -2.1% |
Top Suppliers of Sewing Machine Furniture to Thailand in 2022:
- Taiwan (Chinese) (557.2 tons)
- China (403.4 tons)
- Switzerland (68.7 tons)
- Indonesia (38.8 tons)
Sewing Machine Furniture Exports in Thailand
In 2022, shipments abroad of furniture, bases and covers for sewing machines decreased by -41.4% to 956 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a perceptible downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 23%.
In value terms, sewing machine furniture exports contracted notably to $13M in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, the exports attained the peak of $18M, and then fell significantly in the following year.
Export of Sewing Machine Furniture in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 2.8 | 3.4 | 5.1 | 3.3 | 5.6% |
United States | 2.4 | 2.8 | 2.4 | 2.6 | 2.7% |
Vietnam | 2.8 | 3.7 | 3.3 | 2.4 | -5.0% |
Taiwan (Chinese) | 3.2 | 4.2 | 5.3 | 2.3 | -10.4% |
Japan | 0.1 | 0.1 | 0.1 | 0.7 | 91.3% |
Lao People's Democratic Republic | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
Cambodia | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
Poland | N/A | N/A | N/A | 0.1 | 0% |
Others | 1.0 | 0.9 | 1.7 | 0.9 | -3.5% |
Total | 13.1 | 15.5 | 18.4 | 13.0 | -0.3% |
Top Export Markets for Sewing Machine Furniture from Thailand in 2022:
- Taiwan (Chinese) (299.8 tons)
- Vietnam (258.2 tons)
- Lao People's Democratic Republic (106.6 tons)
- United States (90.5 tons)
- Japan (73.0 tons)
- Switzerland (50.0 tons)
- Poland (16.5 tons)
- Cambodia (14.4 tons)
This report provides an in-depth analysis of the sewing machine furniture 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 28945260 - Furniture, bases and covers for sewing machines and parts thereof, other parts of sewing 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:
- 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 Thailand.
This report provides an in-depth analysis of the household sewing machine market in Thailand.
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in Thailand.
This report provides an in-depth analysis of the market for industrial automatic sewing machine in Thailand.
This report provides an in-depth analysis of the industrial sewing machine market in Thailand.
This report provides an in-depth analysis of the sewing machine needle market in Thailand.
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.
During the period analyzed, exports of the Household Sewing Machine peaked at 83K units in August 2023. Unfortunately, from September 2023 to January 2024, exports did not show any significant growth. In terms of value, exports of household sewing machines reached $5.9M in January 2024.
In August 2023, exports of Household Sewing Machines peaked at 83K units, but from September to November 2023, they remained at a lower figure. In November 2023, the value of household sewing machine exports shrank to $4.4M.
In May 2023, the price of Household Sewing Machines held steady at $126 (FOB, Thailand) compared to the previous month.
In April 2023, the industrial sewing machine price amounted to $255 per unit (CIF, Thailand), with a decrease of -18.8% against the previous month.
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.
During the period analyzed, exports of the Household Sewing Machine peaked at 83K units in August 2023. Unfortunately, from September 2023 to January 2024, exports did not show any significant growth. In terms of value, exports of household sewing machines reached $5.9M in January 2024.
In August 2023, exports of Household Sewing Machines peaked at 83K units, but from September to November 2023, they remained at a lower figure. In November 2023, the value of household sewing machine exports shrank to $4.4M.