Report Update: Apr 1, 2024

Argentina - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Household Sewing Machine Price in Argentina - 2023

Household Sewing Machine Price in Argentina (CIF) - 2022

The average household sewing machine import price stood at $53 per unit in 2022, falling by -9.6% against the previous year. Over the period under review, the import price showed a pronounced decrease. The pace of growth was the most pronounced in 2014 an increase of 16%. Over the period under review, average import prices attained the peak figure at $84 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($132 per unit), while the price for China ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.1%), while the prices for the other major suppliers experienced a decline.

Household Sewing Machine Price in Argentina (FOB) - 2022

The average household sewing machine export price stood at $52 per unit in 2022, which is down by -17.8% against the previous year. In general, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices hit record highs at $246 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($158 per unit), while the average price for exports to Guatemala ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-0.7%), while the prices for the other major destinations experienced a decline.

Household Sewing Machine Imports in Argentina

In 2022, supplies from abroad of household sewing machines decreased by -32.3% to 117K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 87%. As a result, imports reached the peak of 173K units, and then reduced remarkably in the following year.

In value terms, household sewing machine imports reduced markedly to $6.2M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 78%. As a result, imports attained the peak of $10M, and then fell significantly in the following year.

Import of Household Sewing Machine in Argentina (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	1.1	3.2	3.3	2.6	33.2%
Thailand	0.5	0.9	1.9	1.4	40.9%
China	0.6	0.8	1.4	1.1	22.4%
Taiwan (Chinese)	0.8	0.4	1.2	0.9	4.0%
Brazil	0.2	0.2	0.2	0.1	-20.6%
Others	N/A	0.1	2.2	0.1	0.0%
Total	3.3	5.7	10.1	6.2	23.4%

Top Suppliers of Household Sewing Machine to Argentina in 2022:

China (50.2K units)
Vietnam (38.5K units)
Thailand (20.0K units)
Taiwan (Chinese) (7.0K units)
Brazil (1.2K units)

Household Sewing Machine Exports in Argentina

In 2022, shipments abroad of household sewing machines increased by 29% to 58 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp downturn. The exports peaked at 133 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, household sewing machine exports expanded rapidly to $3K in 2022. Over the period under review, exports, however, saw a abrupt setback. Over the period under review, the exports attained the peak figure at $3.6K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Household Sewing Machine in Argentina (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Paraguay	1,467	1,465	1,432	1,623	3.4%
Uruguay	1,821	1,526	1,252	1,191	-13.2%
Bolivia	232	204	175	174	-9.1%
Guatemala	1.0	1.0	1.0	1.0	0.0%
Mozambique	6.0	N/A	N/A	N/A	0%
Others	53.0	12.0	14.0	52.0	-0.6%
Total	3,580	3,208	2,874	3,041	-5.3%

Top Export Markets for Household Sewing Machine from Argentina in 2022:

Uruguay (31.0 units)
Bolivia (16.0 units)
Paraguay (10.0 units)
Guatemala (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the household sewing machine market in Argentina. 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:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023