Analysis of China's Export of Sewing Machines and International Market

From the perspective of market conditions, from the perspective of product exports, the demand for sewing machines in the international market will continue to be concentrated on industrial sewing machines, and the export of embroidery machines will likely continue to decline. On the other hand, the impact of the US financial crisis will continue, which means that the desire of the United States and some European countries for home sewing machines will also be suppressed, and the growth rate of home machine exports will continue to decline. As for parts and components, the advantages of "good and cheap" products in China will further affect the market, and its exports are expected to show double-digit growth. As far as the current situation is concerned, the huge demand for the international textile and clothing market in the second half of this year still exists. From the perspective of the market area, the development of the textile and garment industry in some developing countries and regions makes the demand for sewing machinery continue to increase, and will directly Drive the growth of China's export of sewing machines. However, in the second half of the year, the growth rate of China's sewing machine exports will not increase substantially, and it is expected to maintain its single-digit increase.

Asia: Steady rise in spare parts exports Asia is China's major export market for sewing machines, with its export share accounting for more than half of total exports. The export areas are concentrated in India, Japan, and Hong Kong, which rank among the top three, three, and five export markets in China.

In the second half of the year, China’s exports to the Asian market will continue to be dominated by industrial machines and embroidery machines, but due to the recent adjustments in the Indian market, the sluggish economy in Vietnam, and the unstable political environment in Thailand, the demand for industrial machines and embroidery machines There will be a certain degree of decline. In terms of home use, the rebound in demand in the Japanese market directly contributed to the recovery of the home machine market. With respect to parts and components, the recovery of re-export processing markets such as Singapore will effectively ensure a steady increase in China's exports, and it is expected that the increase will remain in double digits.

Africa: The demand for industrial machines is booming The sewing machine market in Africa has risen in recent years. With the rapid development of garment industries in countries such as Nigeria and Egypt, the demand for sewing machines is increasing day by day, especially for the demand for industrial sewing machines.

In recent years, the rapid economic development in some African countries, especially in countries such as Nigeria and Egypt, has witnessed rapid development in the traditional textile and clothing industry. With the increase in export orders to Europe and the United States, Africa will accelerate the introduction of sewing machinery, and the “quiet and inexpensive” Chinese products Will become the first choice for African textile and garment companies. In the second half of the year, China’s exports to Nigeria, Egypt, and other markets in Africa will also focus on industrial machines, embroidery machines and other industrial equipment. Parts will also show up due to the regular maintenance of existing equipment and the purchase of a few whole machine processing plants. Two-digit growth.

Europe: Exports of embroidery machines continue to heat up. China's exports to Europe have always been dominated by home computers. However, the demand for home sewing machines has fallen sharply in Europe in recent years, while the demand for embroidery machines has continued to grow, especially for special embroidery machines such as hat embroidery machines. At present, China's exports to European embroidery machines are concentrated in Italy, Russia, Germany and other countries.

South America: rapid and comprehensive export growth China's exports of sewing machinery products to South America are concentrated in Brazil and other countries, of which China's exports to Brazil account for nearly half of total exports to South America.

Since the end of 2007, the textile and garment market in South America has grown rapidly in Brazil, Argentina, and other countries. Demand for industrial machines and components has increased significantly, and the cost-effectiveness of Chinese products has become the first choice for South American companies. In the second half of the year, the economic environment of South America will not change, and the high-speed development of the textile and clothing market in Brazil and Argentina will continue to be maintained. It is expected that the South American sewing machine export market will still fully bloom and usher in a small upsurge of China's exports.

North America: Home machine demand picks up. China's export of North American sewing machines is dominated by home machines, and exports are concentrated in the United States. The reason is the financial crisis. Housewives have to do something at home to reduce expenses. As a result, the demand for the US home console market is gradually heating up, and home machine purchases show signs of recovery. In the second half of the year, the U.S.-based demand for home consoles in the North American market will continue to pick up.