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

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

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Jul 26, 2023

China's June 2023 Export of Industrial Sewing Machines Plunges to $112M

China Industrial Sewing Machine Exports

In June 2023, overseas shipments of industrial sewing machines were finally on the rise to reach 403K units after two months of decline. Overall, exports, however, saw a slight downturn. The growth pace was the most rapid in March 2023 when exports increased by 95% month-to-month. The exports peaked at 486K units in June 2022; however, from July 2022 to June 2023, the exports failed to regain momentum.

In value terms, industrial sewing machine exports reduced to $112M (IndexBox estimates) in June 2023. Over the period under review, exports, however, recorded a noticeable decrease. The growth pace was the most rapid in March 2023 when exports increased by 87% month-to-month. The exports peaked at 182M units in July 2022; however, from August 2022 to June 2023, the exports failed to regain momentum.

COUNTRYExport Value of Industrial Sewing Machine in China (million USD)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
India23.318.715.420.115.613.211.516.56.714.514.411.713.0
Turkey9.212.49.77.26.010.59.314.11.67.98.88.38.3
Brazil4.69.58.88.34.64.14.75.32.86.15.57.36.9
Uzbekistan1.82.74.05.44.74.25.48.75.96.44.47.05.1
Russia3.76.38.13.57.14.35.25.74.65.77.33.54.2
Indonesia7.56.96.36.45.45.04.34.54.05.83.55.04.1
Cambodia4.95.93.73.12.62.23.33.92.04.64.72.84.0
United Arab Emirates2.74.23.71.81.83.23.85.11.75.13.81.83.5
Kyrgyzstan0.71.02.12.82.02.62.02.52.22.84.53.33.3
Pakistan4.45.41.01.21.01.71.71.60.60.62.81.92.6
Algeria0.60.20.40.20.50.91.70.80.10.72.32.11.9
Nigeria2.41.31.30.71.01.61.31.00.41.41.71.81.8
Iran2.92.52.91.41.01.91.92.00.33.72.61.61.7
Others10510482.279.064.068.953.660.739.570.460.858.952.0
Total17418215014111712511013272.3136127117112

Exports by Country

India (66K units) was the main destination for industrial sewing machine exports from China, with a 16% share of total exports. Moreover, industrial sewing machine exports to India exceeded the volume sent to the second major destination, Indonesia (24K units), threefold. Brazil (21K units) ranked third in terms of total exports with a 5.3% share.

From June 2022 to June 2023, the average monthly growth rate of volume to India amounted to -2.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Indonesia (-1.4% per month) and Brazil (+3.5% per month).

In value terms, the largest markets for industrial sewing machine exported from China were India ($13M), Turkey ($8.3M) and Brazil ($6.9M), with a combined 25% share of total exports. These countries were followed by Uzbekistan, Russia, Indonesia, Cambodia, the United Arab Emirates, Kyrgyzstan, Pakistan, Algeria, Nigeria and Iran, which together accounted for a further 29%.

In terms of the main countries of destination, Kyrgyzstan, with a CAGR of +13.5%, recorded 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.

Exports by Type

Industrial automatic sewing machines (258K units) and industrial sewing machines (non-automatic) (145K units) were the main products of industrial sewing machine exports from China.

From June 2022 to June 2023, the biggest increases were in industrial sewing machines (non-automatic) (with a CAGR of -0.5%).

In value terms, industrial automatic sewing machines ($78M) remains the largest type of industrial sewing machine exported from China, comprising 70% of total exports. The second position in the ranking was held by industrial sewing machines (non-automatic) ($34M), with a 30% share of total exports.

From June 2022 to June 2023, the average monthly rate of growth in terms of the export volume of industrial automatic sewing machines amounted to -3.9%.

Export Prices by Country

In June 2023, the industrial sewing machine price amounted to $279 per unit (FOB, China), waning by -9.6% against the previous month. Over the period under review, the export price showed a noticeable shrinkage. The pace of growth was the most pronounced in February 2023 when the average export price increased by 7.1% against the previous month. Over the period under review, the average export prices hit record highs at $376 per unit in July 2022; however, from August 2022 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Turkey ($446 per unit), while the average price for exports to Nigeria ($85.9 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+1.9%), 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 industrial sewing machine market 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)
  • Prodcom 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic 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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