U.S. - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHousehold Sewing Machine Price in the United States - 2023
Contents:
- Household Sewing Machine Price in the United States (CIF) - 2023
- Household Sewing Machine Price in the United States (FOB) - 2023
- Household Sewing Machine Imports in the United States
- Household Sewing Machine Exports in the United States
Household Sewing Machine Price in the United States (CIF) - 2023
The average household sewing machine import price stood at $127 per unit in September 2023, surging by 20% against the previous month. Over the period under review, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in January 2023 an increase of 23% against the previous month. The import price peaked at $204 per unit in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Thailand ($549 per unit), while the price for Vietnam ($77.2 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Thailand (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Household Sewing Machine Price in the United States (FOB) - 2023
The average household sewing machine export price stood at $295 per unit in September 2023, surging by 13% against the previous month. In general, export price indicated a slight expansion from September 2022 to September 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, household sewing machine export price decreased by -17.9% against June 2023 indices. The pace of growth was the most pronounced in January 2023 when the average export price increased by 38% month-to-month. The export price peaked at $359 per unit in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was El Salvador ($402 per unit), while the average price for exports to Guatemala ($237 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Household Sewing Machine Imports in the United States
In 2022, after three years of growth, there was significant decline in supplies from abroad of household sewing machines, when their volume decreased by -16.5% to 2.4M units. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 35% against the previous year. Over the period under review, imports hit record highs at 2.9M units in 2021, and then fell markedly in the following year.
In value terms, household sewing machine imports amounted to $323M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Household Sewing Machine in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 107 | 155 | 153 | 144 | 10.4% |
Taiwan (Chinese) | 51.0 | 51.2 | 66.8 | 80.8 | 16.6% |
Thailand | 35.4 | 43.6 | 40.0 | 46.1 | 9.2% |
China | 41.8 | 30.6 | 42.3 | 35.3 | -5.5% |
Others | 19.0 | 14.2 | 16.4 | 16.6 | -4.4% |
Total | 254 | 295 | 318 | 323 | 8.3% |
Top Suppliers of Household Sewing Machine to the United States in 2022:
- Vietnam (1568.5K units)
- China (397.3K units)
- Taiwan (Chinese) (324.0K units)
- Thailand (111.8K units)
Household Sewing Machine Exports in the United States
In 2022, the amount of household sewing machines exported from the United States reduced remarkably to 103K units, shrinking by -18.8% against 2021 figures. Over the period under review, exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, the exports attained the peak of 127K units, and then reduced sharply in the following year.
In value terms, household sewing machine exports dropped notably to $26M in 2022. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, the exports attained the peak of $30M, and then shrank notably in the following year.
Export of Household Sewing Machine in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 16.5 | 10.0 | 15.3 | 13.3 | -6.9% |
Mexico | 2.1 | 1.0 | 2.1 | 1.7 | -6.8% |
Colombia | 1.0 | 0.9 | 1.5 | 1.7 | 19.3% |
El Salvador | 0.3 | 0.4 | 0.7 | 0.9 | 44.2% |
Guatemala | 1.1 | 1.3 | 1.2 | 0.6 | -18.3% |
Costa Rica | 1.4 | 1.5 | 1.3 | 0.5 | -29.1% |
Dominican Republic | 0.3 | 0.1 | 0.3 | 0.5 | 18.6% |
Panama | 0.6 | 0.5 | 0.6 | 0.4 | -12.6% |
Trinidad and Tobago | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
Others | 6.6 | 4.9 | 6.8 | 5.7 | -4.8% |
Total | 30.2 | 20.9 | 30.3 | 25.7 | -5.2% |
Top Export Markets for Household Sewing Machine from the United States in 2022:
- Canada (62.0K units)
- Mexico (9.1K units)
- Colombia (8.1K units)
- El Salvador (3.1K units)
- Costa Rica (2.5K units)
- Guatemala (2.2K units)
- Trinidad and Tobago (2.0K units)
- Dominican Republic (2.0K units)
- Panama (1.7K units)
This report provides an in-depth analysis of the household sewing machine 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 28944000 - Domestic sewing machines (excluding furniture, bases and covers)
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
-
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, household sewing machine imports rose markedly to $11M in March 2023.
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...
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...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
In value terms, household sewing machine imports rose markedly to $11M in March 2023.
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...
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...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.