Sri Lanka - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Industrial Sewing Machines (Non-Automatic) in Sri Lanka - 2021

Contents:

  1. Price for Industrial Sewing Machines (Non-Automatic) in Sri Lanka (CIF) - 2022
  2. Price for Industrial Sewing Machines (Non-Automatic) in Sri Lanka (FOB) - 2022
  3. Imports of Industrial Sewing Machines (Non-Automatic) in Sri Lanka
  4. Exports of Industrial Sewing Machines (Non-Automatic) in Sri Lanka

Price for Industrial Sewing Machines (Non-Automatic) in Sri Lanka (CIF) - 2022

The average industrial sewing machines (non-automatic) import price stood at $314 per unit in 2022, rising by 61% against the previous year. In general, the import price, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 338% against the previous year. As a result, import price reached the peak level of $1,649 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($1,886 per unit), while the price for India ($128 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-6.7%), while the prices for the other major suppliers experienced a decline.

Price for Industrial Sewing Machines (Non-Automatic) in Sri Lanka (FOB) - 2022

In 2022, the average industrial sewing machines (non-automatic) export price amounted to $1,496 per unit, growing by 177% against the previous year. Overall, the export price showed a pronounced expansion. The export price peaked at $1,553 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($9,830 per unit), while the average price for exports to Bangladesh ($237 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 Cambodia (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Sewing Machines (Non-Automatic) in Sri Lanka

In 2022, the amount of industrial sewing machines (non-automatic) imported into Sri Lanka reduced sharply to 87K units, which is down by -54.2% against the previous year's figure. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 74% against the previous year. As a result, imports attained the peak of 189K units, and then fell rapidly in the following year.

In value terms, industrial sewing machines (non-automatic) imports declined rapidly to $27M in 2022. Overall, imports saw a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports reached the peak figure at $46M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Industrial Sewing Machines (Non-Automatic) in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.612.317.110.3-12.9%
Singapore11.57.610.29.5-6.2%
India0.90.30.80.7-8.0%
Others18.48.08.86.7-28.6%
Total46.328.236.927.2-16.2%

Top Suppliers of Industrial Sewing Machines (Non-Automatic) to Sri Lanka in 2022:

  1. China (72.6K units)
  2. India (5.6K units)
  3. Singapore (5.0K units)

Exports of Industrial Sewing Machines (Non-Automatic) in Sri Lanka

After three years of growth, overseas shipments of industrial sewing machines (non-automatic) decreased by -70.4% to 765 units in 2022. In general, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 124%. As a result, the exports attained the peak of 2.6K units, and then dropped notably in the following year.

In value terms, industrial sewing machines (non-automatic) exports reduced rapidly to $1.1M in 2022. Overall, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2020 when exports increased by 101%. As a result, the exports attained the peak of $1.8M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Industrial Sewing Machines (Non-Automatic) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A0.1482481900.0%
India3051.213.2134-24.0%
CambodiaN/A187N/A132-16.0%
Jordan10277.41171246.7%
Pakistan7.772.67.355.192.7%
Japan67.9N/A6.254.8-6.9%
Ethiopia1124110.540.5-28.8%
IndonesiaN/AN/A33736.1-89.3%
Vietnam29.7699N/A15.3-19.8%
BangladeshN/AN/A90910.4-98.9%
Maldives19.24.32.05.8-32.9%
Singapore98.3N/AN/AN/A0%
Others1353115.555.4-25.7%
Total8771,7641,3971,1459.3%

Top Export Markets for Industrial Sewing Machines (Non-Automatic) from Sri Lanka in 2022:

  1. India (150.0 units)
  2. Cambodia (138.0 units)
  3. Pakistan (114.0 units)
  4. Jordan (109.0 units)
  5. China (49.0 units)
  6. Bangladesh (44.0 units)
  7. Japan (35.0 units)
  8. Ethiopia (30.0 units)
  9. Maldives (19.0 units)
  10. Indonesia (19.0 units)
  11. Vietnam (5.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in Sri Lanka. 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 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)

Country coverage:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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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...

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