U.S. - Sewing Machine Needles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Needle Prices in the United States
U.S. Sewing Machine Needle Import Price in July 2022
The average sewing machine needle price stood at $0.2 per unit in July 2022, surging by 12% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $0.2 per unit in February 2022; however, from March 2022 to July 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Brazil ($0.5 per unit), while the price for the Czech Republic ($0.1 per unit) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by India (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
U.S. Sewing Machine Needle Imports
In July 2022, sewing machine needle imports into the United States declined sharply to 5.4M units, with a decrease of -19.9% against June 2022 figures. Over the period under review, imports continue to indicate a perceptible reduction. The pace of growth was the most pronounced in April 2022 with an increase of 43% month-to-month. As a result, imports attained the peak of 7.6M units. From May 2022 to July 2022, the growth of imports remained at a lower figure.
In value terms, sewing machine needle imports shrank to $914K (IndexBox estimates) in July 2022. In general, imports saw a perceptible decline. The growth pace was the most rapid in April 2022 with an increase of 49% against the previous month. As a result, imports attained the peak of $1.4M. From May 2022 to July 2022, the growth of imports remained at a lower figure.
U.S. Sewing Machine Needle Imports by Country
Germany (1.8M units), Vietnam (1.3M units) and the Czech Republic (1M units) were the main suppliers of sewing machine needle imports to the United States, with a combined 77% share of total imports.
From January 2022 to July 2022, the biggest increases were in Germany (with a CAGR of +138.0%), while purchases for the other leaders experienced a decline.
In value terms, the largest sewing machine needle suppliers to the United States were Germany ($247K), India ($211K) and Vietnam ($198K), with a combined 72% share of total imports.
Germany, with a CAGR of +97.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
This report provides an in-depth analysis of the sewing machine needle market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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From 2022 to 2023, the growth of imports for Sewing Machine Furniture remained at a lower figure. In value terms, sewing machine furniture imports contracted rapidly to $68M in 2023.
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In value terms, household sewing machine imports rose markedly to $11M in March 2023.
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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...
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In value terms, household sewing machine imports rose markedly to $11M in March 2023.
