Eastern Asia: Market for Industrial Automatic Sewing Machines 2025

Market Size for Industrial Automatic Sewing Machines in Eastern Asia

The East Asian industrial automatic sewing machine market reduced to $X in 2022, which is down by -13.8% against the previous year. Overall, consumption continues to indicate a drastic downturn. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Industrial Automatic Sewing Machines in Eastern Asia

In value terms, industrial automatic sewing machine production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 25% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Industrial Automatic Sewing Machines

Exports in Eastern Asia

In 2022, shipments abroad of industrial automatic sewing machines increased by 7% to X units, rising for the second year in a row after two years of decline. Total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, industrial automatic sewing machine exports reached $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China dominates exports structure, accounting for X units, which was near 96% of total exports in 2022. Taiwan (Chinese) (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the industrial automatic sewing machines exports, with a CAGR of +8.0% from 2012 to 2022. Taiwan (Chinese) experienced a relatively flat trend pattern. China (+6.1 p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) saw its share reduced by -3% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest industrial automatic sewing machine supplier in Eastern Asia, comprising 91% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 3.1% share of total exports.

In China, industrial automatic sewing machine exports increased at an average annual rate of +10.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, growing by 3.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 12% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.0%).

Imports of Industrial Automatic Sewing Machines

Imports in Eastern Asia

In 2022, the amount of industrial automatic sewing machines imported in Eastern Asia reduced rapidly to X units, with a decrease of -16.1% against the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 30%. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, industrial automatic sewing machine imports fell notably to $X in 2022. In general, imports saw a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main importer of industrial automatic sewing machines, constituting 40% of total imports. South Korea (X units) took a 20% share (based on physical terms) of total imports, which put it in second place, followed by Japan (13%), Taiwan (Chinese) (9.9%), Democratic People's Republic of Korea (9.9%) and Hong Kong SAR (7.2%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of +9.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported industrial automatic sewing machines in Eastern Asia, comprising 62% of total imports. The second position in the ranking was taken by South Korea ($X), with a 10% share of total imports. It was followed by Hong Kong SAR, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value in China stood at -3.3%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+12.6% per year) and Hong Kong SAR (-4.9% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, with a decrease of -12.2% against the previous year. Overall, the import price showed a mild curtailment. The growth pace was the most rapid in 2015 an increase of 33% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea (+9.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :