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China - Industrial Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Industrial Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights

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May 29, 2023

China's Industrial Automatic Sewing Machine Export Plummets 10%, Averaging $88M in April 2023

China Industrial Automatic Sewing Machine Exports

In April 2023, the amount of industrial automatic sewing machines exported from China shrank to 271K units, declining by -6.4% on the month before. Overall, exports saw a mild slump. The pace of growth was the most pronounced in March 2023 when exports increased by 92% m-o-m. Over the period under review, the exports reached the peak figure at 333K units in June 2022; afterwards, it flattened through to April 2023.

In value terms, industrial automatic sewing machine exports declined to $88M (IndexBox estimates) in April 2023. Over the period under review, exports continue to indicate a pronounced slump. The growth pace was the most rapid in March 2023 when exports increased by 83% m-o-m. Over the period under review, the exports reached the peak figure at 129M units in July 2022; however, from August 2022 to April 2023, the exports stood at a somewhat lower figure.

COUNTRYExport Value of Industrial Automatic Sewing Machine in China (million USD)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
India13.212.919.414.411.714.210.510.58.313.25.911.811.8
Vietnam22.720.518.216.111.012.18.57.16.75.26.411.87.4
Russia0.61.73.45.06.42.75.93.44.64.83.53.85.6
Turkey2.43.14.96.14.92.62.84.84.26.00.93.34.3
Brazil3.44.13.27.37.16.13.63.03.02.72.04.63.9
United Arab Emirates10.02.32.23.73.61.71.62.93.54.71.64.83.6
Kyrgyzstan0.40.30.70.71.32.01.51.41.22.11.72.33.5
Bangladesh6.712.48.77.15.66.03.32.52.53.02.94.43.0
Uzbekistan0.81.81.02.03.03.63.52.73.96.13.84.52.8
Indonesia3.55.86.65.43.53.63.33.52.43.13.64.72.7
Pakistan4.92.23.03.50.40.70.71.21.30.80.40.32.2
Malaysia3.34.49.69.47.24.93.02.21.41.20.81.91.8
Algeria0.50.10.3< 0.10.20.2< 0.10.21.10.6< 0.10.51.7
Others46.446.145.648.038.834.631.936.430.835.619.939.334.0
Total11911812712910595.080.481.674.789.153.598.188.3

Exports by Country

India (60K units) was the main destination for industrial automatic sewing machine exports from China, accounting for a 22% share of total exports. Moreover, industrial automatic sewing machine exports to India exceeded the volume sent to the second major destination, Russia (16K units), fourfold. The third position in this ranking was taken by Indonesia (13K units), with a 4.7% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume to India was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Russia (+18.5% per month) and Indonesia (+1.5% per month).

In value terms, India ($12M), Vietnam ($7.4M) and Russia ($5.6M) constituted the largest markets for industrial automatic sewing machine exported from China worldwide, with a combined 28% share of total exports.

Among the main countries of destination, Russia, with a CAGR of +21.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In April 2023, the industrial automatic sewing machine price stood at $326 per unit (FOB, China), reducing by -3.9% against the previous month. In general, the export price recorded a slight decrease. The growth pace was the most rapid in February 2023 an increase of 8.9% m-o-m. Over the period under review, the average export prices hit record highs at $408 per unit in July 2022; however, from August 2022 to April 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In April 2023, the country with the highest price was Vietnam ($851 per unit), while the average price for exports to India ($197 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for industrial automatic sewing machine in China. 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 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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