Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.
2021-06-09
China's export of industrial sewing machines has been booming for many years. According to wind industry data, China's Industrial Sewing Machine exports in 2019 reached 3.894 million units, a year-on-year decrease of 4.09%. According to the data of Customs General Administration quoted by WeChat China official account of the China Sewing Machinery Association, the amount of sewing machinery exports in 2019 amounted to US $2 billion 486 million, of which Asia was the main export area (Figure 12), and the main export countries were Vietnam, India and so on (figure 13). From January to July, the export volume of China's industrial sewing machines was 1.7486 million units, with an export value of US $525 million, down 25.23% and 27.31% respectively on a year-on-year basis. In July, the export volume of industrial sewing machines was 330800 units, and the export value was 78.84 million US dollars, which decreased by 19.68% and 33.79% respectively on a year-on-year basis, and increased by 49.21% and 32.12% respectively on a month on month basis.
The epidemic led to a decline in demand in the first half of the year, and the decline is expected to gradually narrow in the second half of the year. Affected by the negative impact of the epidemic on clothing demand, the demand of sewing machinery industry also declined in the first half of the year, but the decline gradually narrowed. According to wind, from January to July 2020, the cumulative revenue of sewing machinery was 13.51 billion yuan, a year-on-year decrease of 17%. The monthly revenue in July decreased by about 12%, and the decrease rate narrowed month by month (FIG. 14, FIG. 15). We believe that with the gradual improvement of the epidemic situation, the demand for clothing is expected to be restored, and the industry adjustment after nearly two years is expected to end, and the demand for sewing machinery is expected to revive.
Share to:
Send Inquiry
Mr. Alston Chen
Tel:86-769-18902616250
Fax:86-769-88285668
Mobile Phone:+8618902616250
Email:sales02@chuanghuisew.com
Address:26-28 Zhenglu south, chuancha village, Machong Town, Dongguan City, Guangdong Province., Dongguan, Guangdong
Related Products List
Mobile Site
Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.
Fill in more information so that we can get in touch with you faster
Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.