Imp-Exp Briefing of Sewing Machinery Sector

Fri Jul 08 2022 BAY

In April 2022, demand for China’s sewing machinery has grown continuously as textiles and clothing consumption in developed countries like Europe and the United States continues to go up, overseas demand for sewing equipment restocking rise, and apparel and shoe-making industries in key markets such as ASEAN and South Asia rebound. However, it is worth noting that, affected by factors including frequent outbreak of Covid-19 cases, ongoing conflicts between Russia and Ukraine, escalation of global inflation and shipping disruption, demand in Europe, Africa and North America has declined significantly. Consequentially, the growth rate of China's sewing machinery exports have slowed down compared with the first quarter.  

According to data released by the Customs, from January to April, China’s accumulative export value of sewing machinery is 1089mn US dollars, increasing 13.48% compared with a year earlier, but 3.96% lower than that in the end of Q1. Particularly, the export quantity of industrial sewing machines is 1.69 million sets, and its export value is 602mn US dollars, an increase of 12.35% and 32.05% respectively compared with a year earlier.  

Imp-Exp Briefing of Sewing Machinery Sector