Thailand - Sewing Machine Needles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Needle Price in Thailand - 2023
Contents:
- Sewing Machine Needle Price in Thailand (CIF) - 2022
- Sewing Machine Needle Price in Thailand (FOB) - 2022
- Sewing Machine Needle Imports in Thailand
- Sewing Machine Needle Exports in Thailand
Sewing Machine Needle Price in Thailand (CIF) - 2022
The average sewing machine needle import price stood at $17 per thousand units in 2022, picking up by 18% against the previous year. Overall, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 66%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($91 per thousand units), while the price for Taiwan (Chinese) ($6.3 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Sewing Machine Needle Price in Thailand (FOB) - 2022
In 2022, the average sewing machine needle export price amounted to $13 per thousand units, with an increase of 18% against the previous year. Overall, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 244% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
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 Myanmar ($72 per thousand units), while the average price for exports to India ($2.8 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+43.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Machine Needle Imports in Thailand
In 2022, approx. 151M units of sewing machine needles were imported into Thailand; which is down by -21.2% on 2021. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, imports reached the maximum at 209M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, sewing machine needle imports dropped to $2.6M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $2.8M, and then shrank in the following year.
| Import of Sewing Machine Needle in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 294 | 528 | 578 | 555 | 23.6% |
| Vietnam | 157 | 350 | 580 | 550 | 51.9% |
| India | 48.9 | 108 | 351 | 379 | 97.9% |
| Singapore | 758 | 740 | 459 | 324 | -24.7% |
| China | 212 | 236 | 236 | 259 | 6.9% |
| Taiwan (Chinese) | 90.1 | 135 | 202 | 105 | 5.2% |
| Brazil | 31.4 | 35.0 | 50.2 | 100 | 47.1% |
| Hong Kong SAR | 136 | 87.3 | 111 | 87.8 | -13.6% |
| Japan | 192 | 68.2 | 99.8 | 65.9 | -30.0% |
| Others | 38.9 | 30.1 | 89.8 | 139 | 52.9% |
| Total | 1,958 | 2,317 | 2,758 | 2,565 | 9.4% |
Top Suppliers of Sewing Machine Needle to Thailand in 2022:
- Vietnam (36.1M units)
- China (31.5M units)
- Singapore (20.9M units)
- India (17.7M units)
- Taiwan (Chinese) (16.6M units)
- Brazil (6.5M units)
- Hong Kong SAR (6.2M units)
- Germany (6.1M units)
- Japan (5.2M units)
Sewing Machine Needle Exports in Thailand
In 2022, approx. 7.8M units of sewing machine needles were exported from Thailand; picking up by 6.2% on 2021. In general, exports, however, continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2020 with an increase of 679% against the previous year. As a result, the exports attained the peak of 235M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sewing machine needle exports skyrocketed to $97K in 2022. Overall, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 641% against the previous year. As a result, the exports reached the peak of $1M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Sewing Machine Needle in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 75.3 | 37.1 | 64.6 | 68.8 | -3.0% |
| Myanmar | 0.6 | 6.8 | 3.2 | 22.5 | 234.7% |
| India | 37.8 | N/A | N/A | 2.8 | -58.0% |
| Hong Kong SAR | 0.3 | 1.2 | 0.4 | 2.2 | 94.3% |
| China | 13.6 | N/A | N/A | N/A | 0% |
| United States | 0.1 | 975 | 2.7 | N/A | 419.6% |
| Others | 10.2 | 2.6 | 6.8 | 1.2 | -51.0% |
| Total | 138 | 1,022 | 77.7 | 97.4 | -11.0% |
Top Export Markets for Sewing Machine Needle from Thailand in 2022:
- Cambodia (6.3M units)
- India (1.0M units)
- Myanmar (0.3M units)
- Hong Kong SAR (0.1M units)
This report provides an in-depth analysis of the sewing machine needle 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 28945230 - Sewing machine needles
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
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This report provides an in-depth analysis of the sewing machine needle market in Thailand.
615
This report provides an in-depth analysis of the household sewing machine market in Thailand.
381
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in Thailand.
282
This report provides an in-depth analysis of the sewing machine furniture market in Thailand.
353
This report provides an in-depth analysis of the market for industrial automatic sewing machine in Thailand.
588
This report provides an in-depth analysis of the industrial sewing machine market in Thailand.
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This report provides an in-depth analysis of the global sewing machine needle market.
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This report provides an in-depth analysis of the global household sewing machine market.
430
This report provides an in-depth analysis of the global market for industrial sewing machines (non-automatic).
610
This report provides an in-depth analysis of the global sewing machine furniture market.
94
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.
140
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.
281
In May 2023, the price of Household Sewing Machines held steady at $126 (FOB, Thailand) compared to the previous month.
395
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.
3822
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...
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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...
1187
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4108
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.
94
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.
140
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.
