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Eastern Asia - Sewing Machine Needles - Market Analysis, Forecast, Size, Trends And Insights
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Eastern Asia: Sewing Machine Needle Market Overview 2020

Sewing Machine Needle Market Size in Eastern Asia

The revenue of the sewing machine needle market in Eastern Asia amounted to $X in 2018, waning by -X% against the previous year. In general, sewing machine needle consumption, however, continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. The level of sewing machine needle consumption peaked at $X in 2010; however, from 2011 to 2018, consumption failed to regain its momentum.

Sewing Machine Needle Production in Eastern Asia

In value terms, sewing machine needle production totaled $X in 2018 estimated in export prices. Overall, sewing machine needle production continues to indicate a slight drop. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, sewing machine needle production reached its peak figure level at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

Production By Country in Eastern Asia

The country with the largest volume of sewing machine needle production was China (X tonnes), comprising approx. X% of total production. Moreover, sewing machine needle production in China exceeded the figures recorded by the region's second-largest producer, Taiwan, Chinese (X tonnes), fivefold. The third position in this ranking was occupied by South Korea (X tonnes), with a X% share.

In China, sewing machine needle production remained relatively stable over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: Taiwan, Chinese (+X% per year) and South Korea (+X% per year).

Sewing Machine Needle Exports

Exports in Eastern Asia

The exports amounted to X tonnes in 2018, going up by X% against the previous year. Overall, sewing machine needle exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. In that year, sewing machine needle exports reached their peak of X tonnes. From 2014 to 2018, the growth of sewing machine needle exports remained at a somewhat lower figure.

In value terms, sewing machine needle exports totaled $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. The level of exports peaked at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

China represented the key exporting country with an export of around X tonnes, which recorded X% of total exports. Japan (X tonnes) ranks second in terms of the total exports with a X% share, followed by China, Hong Kong SAR (X%), South Korea (X%) and Taiwan, Chinese (X%).

China was also the fastest-growing in terms of the sewing machine needles exports, with a CAGR of +X% from 2007 to 2018. At the same time, China, Hong Kong SAR (+X%) displayed positive paces of growth. By contrast, Japan (-X%), Taiwan, Chinese (-X%) and South Korea (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China and China, Hong Kong SAR increased by +X% and +X% percentage points, while Japan (-X p.p.), Taiwan, Chinese (-X p.p.) and South Korea (-X p.p.) saw their share reduced.

In value terms, China ($X), Japan ($X) and South Korea ($X) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by Taiwan, Chinese and China, Hong Kong SAR, which together accounted for a further X the main exporting countries, China, Hong Kong SAR recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The sewing machine needle export price in Eastern Asia stood at $X per tonne in 2018, surging by X% against the previous year. Overall, the sewing machine needle export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. The level of export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while China, Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced mixed trends in the export price figures.

Sewing Machine Needle Imports

Imports in Eastern Asia

In 2018, the amount of sewing machine needles imported in Eastern Asia amounted to X tonnes, growing by X% against the previous year. Overall, sewing machine needle imports, however, continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, sewing machine needle imports attained their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, sewing machine needle imports amounted to $X in 2018. Overall, sewing machine needle imports, however, continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. The level of imports peaked at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

China, Hong Kong SAR (X tonnes) and Japan (X tonnes) represented roughly X% of total imports of sewing machine needles in 2018. China (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by South Korea (X%) and Taiwan, Chinese (X%).

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced a decline in the imports figures.

In value terms, China, Hong Kong SAR ($X), Japan ($X) and China ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Among the main importing countries, China experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2018, the sewing machine needle import price in Eastern Asia amounted to $X per tonne, lowering by -X% against the previous year. In general, the sewing machine needle import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the import price increased by X% year-to-year. The level of import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 28945230 - Sewing machine needles

This report provides an in-depth analysis of the sewing machine needle market in Eastern Asia. 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 2025.


Country coverage:
• China, Hong Kong SAR
• China, Macao SAR
• Taiwan, Chinese
• Democratic People's Republic of Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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