Eastern Asia: Book Sewing Machine Market 2020

Book Sewing Machine Market Size in Eastern Asia

The revenue of the book sewing machine market in Eastern Asia amounted to $X in 2017, picking up by X% against the previous year. The book sewing machine consumption continues to indicate a strong growth. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. Over the period under review, the book sewing machine market reached its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Book Sewing Machine Production in Eastern Asia

The book sewing machine production amounted to X units in 2017, jumping by X% against the previous year. The book sewing machine production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when the output figure increased by X% year-to-year. Over the period under review, the book sewing machine production attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Book Sewing Machine Exports in Eastern Asia

In 2017, approx. X units of sewing, wire stitching and stapling machines for books were exported in Eastern Asia; going up by X% against the previous year. The book sewing machine exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2015, when exports increased by X% y-o-y. Over the period under review, the book sewing machine exports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, book sewing machine exports stood at $X in 2017. The book sewing machine exports continue to indicate a noticeable downturn. Over the period under review, the book sewing machine exports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Book Sewing Machine Exports by Country in Eastern Asia

Japan represented the key exporter of sewing, wire stitching and stapling machines for books in Eastern Asia, with the volume of exports accounting for X units, which was approx. X% of total exports in 2017. It was distantly followed by China (X units), China, Hong Kong SAR (X units), South Korea (X units) and Taiwan, Chinese (X units), together mixed up X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to book sewing machine exports from Japan stood at +X%. At the same time, South Korea (+X%), Taiwan, Chinese (+X%) and China (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) increased significantly in terms of the global exports from 2007-2017, the share of Taiwan, Chinese (-X%), South Korea (-X%), China (-X%) and Japan (-X%) displayed negative dynamics.

In value terms, Japan ($X) remains the largest book sewing machine supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

In Japan, book sewing machine exports shrank by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: China (+X% per year) and Taiwan, Chinese (+X% per year).

Book Sewing Machine Export Prices by Country in Eastern Asia

In 2017, the book sewing machine export price in Eastern Asia amounted to $X thousand per unit, dropping by -X% against the previous year. The book sewing machine export price continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the export prices for sewing, wire stitching and stapling machines for books attained its peak figure level of $X thousand per unit in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X thousand per unit), while South Korea ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (-X% per year), while the other leaders experienced a decline in the export price figures.

Book Sewing Machine Imports in Eastern Asia

In 2017, approx. X units of sewing, wire stitching and stapling machines for books were imported in Eastern Asia; picking up by X% against the previous year. The book sewing machine imports continue to indicate a remarkable growth. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, book sewing machine imports amounted to $X in 2017. The book sewing machine imports continue to indicate an abrupt descent. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Book Sewing Machine Imports by Country in Eastern Asia

South Korea prevails in book sewing machine imports structure, resulting at X units, which was approx. X% of total imports in 2017. China (X units) ranks second in terms of the global imports with a X% share, followed by China, Hong Kong SAR (X%). The following importers - Taiwan, Chinese (X units) and Japan (X units) together made up X% of total imports.

South Korea was also the fastest growing in terms of the sewing, wire stitching and stapling machines for books imports, with a CAGR of +X% from 2007 to 2017. At the same time, China (+X%) displayed positive paces of growth. By contrast, China, Hong Kong SAR (-X%), Taiwan, Chinese (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of Japan (X%) increased significantly in terms of the global imports from 2007-2017, the share of South Korea (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sewing, wire stitching and stapling machines for books in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

In China, book sewing machine imports remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and China, Hong Kong SAR (-X% per year).

Book Sewing Machine Import Prices by Country in Eastern Asia

The book sewing machine import price in Eastern Asia stood at $X thousand per unit in 2017, rising by X% against the previous year. The book sewing machine import price continues to indicate an abrupt curtailment. The pace of growth was the most pronounced in 2011, when the import prices increased by X% against the previous year. In that year, the import prices for sewing, wire stitching and stapling machines for books reached their peak level of $X thousand per unit. From 2012 to 2017, growth of the import prices for sewing, wire stitching and stapling machines for books failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X thousand per unit), while South Korea ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform