South-Eastern Asia: Market for Industrial Automatic Sewing Machines 2025

Market Size for Industrial Automatic Sewing Machines in South-Eastern Asia

The Southeast Asian industrial automatic sewing machine market contracted notably to $X in 2022, waning by -40.3% against the previous year. In general, consumption, however, posted a perceptible expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Industrial Automatic Sewing Machines in South-Eastern Asia

In value terms, industrial automatic sewing machine production shrank notably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 207,158%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Industrial Automatic Sewing Machines

Exports in South-Eastern Asia

In 2022, the amount of industrial automatic sewing machines exported in South-Eastern Asia declined sharply to X units, shrinking by -34.8% compared with the previous year's figure. Over the period under review, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial automatic sewing machine exports declined sharply to $X in 2022. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of 36%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Vietnam (X units) represented the key exporter of industrial automatic sewing machines, constituting 73% of total exports. Singapore (X units) held a 19% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (6.6%).

From 2012 to 2022, average annual rates of growth with regard to industrial automatic sewing machine exports from Vietnam stood at +4.2%. At the same time, Thailand (+57.6%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +57.6% from 2012-2022. By contrast, Singapore (-15.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam and Thailand increased by +40 and +6.6 percentage points, respectively.

In value terms, Vietnam ($X), Singapore ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2022, with a combined 95% share of total exports.

In terms of the main exporting countries, Thailand, with a CAGR of +38.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, surging by 9.5% against the previous year. Overall, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 39% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.7%), while the other leaders experienced a decline in the export price figures.

Imports of Industrial Automatic Sewing Machines

Imports in South-Eastern Asia

Industrial automatic sewing machine imports dropped significantly to X units in 2022, which is down by -15.2% compared with 2021. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 77%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, industrial automatic sewing machine imports dropped to $X in 2022. Overall, imports, however, showed a modest expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 59%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Vietnam was the largest importing country with an import of around X units, which recorded 59% of total imports. Thailand (X units) ranks second in terms of the total imports with a 13% share, followed by Malaysia (11%) and Myanmar (6.7%). Cambodia (X units), Singapore (X units) and Indonesia (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to industrial automatic sewing machine imports into Vietnam stood at +8.9%. At the same time, Malaysia (+33.8%), Thailand (+8.0%) and Indonesia (+2.5%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +33.8% from 2012-2022. By contrast, Cambodia (-4.3%), Myanmar (-10.6%) and Singapore (-25.1%) illustrated a downward trend over the same period. Vietnam (+36 p.p.), Malaysia (+11 p.p.) and Thailand (+7.5 p.p.) significantly strengthened its position in terms of the total imports, while Cambodia, Myanmar and Singapore saw its share reduced by -1.8%, -12.3% and -41.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest industrial automatic sewing machine importing markets in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and Malaysia ($X), together comprising 89% of total imports.

In terms of the main importing countries, Malaysia, with a CAGR of +44.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, growing by 10% against the previous year. Import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial automatic sewing machine import price increased by +64.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by 49% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+10.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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