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

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

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Jun 21, 2023

Thailand's Industrial Sewing Machine Price Plummets to $255 per Unit

Thailand Industrial Sewing Machine Import Price in April 2023

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. Over the period under review, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in January 2023 an increase of 207% against the previous month. Over the period under review, average import prices reached the maximum at $467 per unit in June 2022; however, from July 2022 to April 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($634 per unit), while the price for China amounted to $206 per unit.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by China (+1.3%).

COUNTRYImport Price of Industrial Sewing Machine in Thailand (USD per unit)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Japan9421,3152,2031,5299658011,3401,3931,4711531,2141,891634
China17621834990.426986.722717642.8201253205206
Average37628846714839513433129072.0221403314255

Thailand Industrial Sewing Machine Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In April 2023, the product with the highest price was industrial automatic sewing machines ($506 per unit), while the price for industrial sewing machines (non-automatic) amounted to $221 per unit.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by industrial automatic sewing machine (-0.5%).

Thailand Industrial Sewing Machine Imports

In April 2023, purchases abroad of industrial sewing machines increased by 15% to 6.1K units, rising for the second month in a row after two months of decline. Over the period under review, imports, however, showed a slight setback. The pace of growth was the most pronounced in September 2022 when imports increased by 146% against the previous month. As a result, imports attained the peak of 20K units. From October 2022 to April 2023, the growth of imports failed to regain momentum.

In value terms, industrial sewing machine imports shrank to $1.6M (IndexBox estimates) in April 2023. Overall, imports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in June 2022 when imports increased by 135% month-to-month. As a result, imports attained the peak of $4.5M. From July 2022 to April 2023, the growth of imports remained at a lower figure.

Thailand Industrial Sewing Machine Imports by Type

In April 2023, industrial sewing machines (non-automatic) (5.4K units) constituted the largest type of industrial sewing machine supplied to Thailand, with a 88% share of total imports. Moreover, industrial sewing machines (non-automatic) exceeded the figures recorded for the second-largest type, industrial automatic sewing machines (717 units), eightfold.

From April 2022 to April 2023, the average monthly growth rate of the volume of import of industrial sewing machines (non-automatic) stood at -1.3%.

In value terms, industrial sewing machines (non-automatic) ($1.2M) constituted the largest type of industrial sewing machine supplied to Thailand, comprising 77% of total imports. The second position in the ranking was taken by industrial automatic sewing machines ($362K), with a 23% share of total imports.

Thailand Industrial Sewing Machine Imports by Country

In April 2023, China (5.7K units) was the main industrial sewing machine supplier to Thailand, with a 93% share of total imports. Moreover, industrial sewing machine imports from China exceeded the figures recorded by the second-largest supplier, Japan (336 units), more than tenfold.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume from China was relatively modest.

In value terms, China ($1.2M) constituted the largest supplier of industrial sewing machine to Thailand, comprising 75% of total imports. The second position in the ranking was held by Japan ($213K), with a 14% share of total imports.

From April 2022 to April 2023, the average monthly growth rate of value from China was relatively modest.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial sewing machine 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 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)
  • Prodcom 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic 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:

  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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