Home / Knowledge / News / Textiles / Exports of sewing machines maintain stable growth

Exports of sewing machines maintain stable growth

01
Nov '08
In the first half of this year, exports of China's machinery industry bucked the trend of exports of clothing and were able to maintain a stable growth. From January to June, China's exports of industrial sewing machines touched 1.4 million sets; a year-on-year increase of 5.93 percent while export value touched US $320 million, up 5.55 percent and accounting for 43 percent of total export volume of sewing machines.

Embroidery machine exports scored $170 million, accounting for 23 percent of total exports. Home-based sewing machine exports reached $150 million, accounting for 21 percent of total exports. Shipments of sewing machine parts and components fetched $100 million, accounting for 13 percent of total exports.

From amongst industrial sewing machines, exports of industrial automatic lockstitch sewing machines were 300,000 sets leading to a growth 13.85 percent, worth $83.3 million, an increase of 8.92 percent. Shipments of other industrial auto sewing machines reached 270,000 sets to grow by 19.91 percent to reach $69.8 million and post an astounding growth of 78.56 percent.

Exports of other industrial non-auto sewing machines were 830,000 sets, down 0.37 percent and attained $163 million in value again down by 11.31 percent. From amid all importing countries, China's exports to Africa and South America increased considerably and accounted for more than 50 percent of all sewing machine shipments.

Though off course demand from re-export markets fell considerably as demand in Hong Kong (China's Special Administrative Region), United States and other markets declined, as a growing number of sewing machine exporters choose to do direct exports. However shipments to Singapore maintained steady and rapid growth though exports to India, Indonesia and Japan fell to a certain extent.

Market demand in Brazil, Turkey and Russian Federation showed a strong growth momentum. Brazil tops from among all countries importing sewing machines from China. Industrial sewing machine exports to Brazil jumped up from fourth place in first half of 2007 to first place in 2008. Volume wise exports rose considerably to 59.92 percent while it grew phenomenally in value to 94.50 percent.

It is worth noting that China's exports of industrial sewing machines to Brazil and Turkey have significantly grown in value compared to volume which indicates that average unit price has improved considerably.

Fibre2fashion News Desk - China


Must ReadView All

Pic: Shutterstock

Textiles | On 26th Sep 2020

Global economic forecast not as dark as earlier guess: IMF

Though the global economic outlook is not quite as dark as expected...

Pic: Edinburgh Woollen Mill

Fashion | On 26th Sep 2020

FRP appointed to value Peacocks, Edinburgh Woollen Mill

Edinburgh Woollen Mill Group CEO Philip Day has started the...

Pic: Shutterstock

Retail | On 26th Sep 2020

India plans retail trade policy, settling logistics policy

India plans to formulate a retail trade policy for which stakeholder...

Interviews View All

Karan Suratwala, Key Textile Accessories Private Limited

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Top executives, Textile Industry

Top executives
Textile Industry

We will move away from mass production to production in micro-factories

Sachin Sharma, Gem Enviro Management Pvt Ltd

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Mukesh Bansal,

Mukesh Bansal

Vardhman is one of the largest integrated textile manufacturers of India...

Angelo Leung,

Angelo Leung

Guangdong Asiatex Textiles provides international and domestic apparel...

Oliver Schmitz,

Oliver Schmitz

Germany-based Gmöhling is a leading manufacturer of aluminium containers...

Mark Brill, Birmingham City University (BCU)

Mark Brill
Birmingham City University (BCU)

<div>A technological breakthrough could see people getting messages about...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search