In terms of the current situation, the huge demand for the international textile and apparel market still exists in the second half of this year. From the perspective of the market area, the demand for sewing machinery in some developing countries and regions has continued to grow, and the demand for sewing machines will continue to increase Lead our country sewing machine export growth. However, the second half of China's sewing machine export growth will not increase sharply, is expected to remain single-digit increase. From the product point of view, the international market demand for sewing machines will continue to focus on industrial sewing machines, embroidery machine exports are likely to continue to decline. On the other hand, the impact of the financial crisis in the United States will continue. This means that the desire to buy home sewing machines in the United States and some European countries will also be suppressed. The growth of household machine exports will continue to decline. As for parts and components, the advantage of our products being "inexpensive" will further affect the market and their exports are expected to show double-digit growth.
Asia: Parts exports have risen steadily
Asia is China's main sewing machine export market, its share of exports accounted for more than half of the total export volume. Export areas concentrated in India, Japan, and Hong Kong, China, respectively, ranked first, third and fifth export markets.
In the second half of this year, China's exports to the Asian market will still be dominated by industrial machines and embroidery machines. However, due to the recent market adjustments in India, 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. Household machines, the Japanese market demand rebound directly contributed to the warmer household machine market. In terms of components and parts, the recovery in Singapore and other re-export processing markets will strongly support the steady rise in China's exports and the increase is expected to remain at double digits.
Africa: Demand for industrial machines skyrocketed
The sewing machine market in Africa has been on the rise in recent years. With the rapid development of the garment industry in Nigeria, Egypt and other countries, the demand for sewing machines is increasing, especially the demand for industrial sewing machines.
In recent years, the rapid economic development in some African countries, especially in Nigeria, Egypt and other countries with the rapid development of traditional textile and garment industry, with the increase of export orders to Europe and the United States, Africa will speed up the introduction of sewing machines, and "cheap" Chinese products Will be the first choice of African textile and garment enterprises. In the second half of the year, our country's exports to Nigeria, Egypt and other markets will also focus on industrial equipment such as industrial machines and embroidery machines. Parts and components will also be present due to the regular maintenance of existing equipment and the procurement of a few complete machine factories Double-digit growth.
Europe: Embroidery machine exports continue to heat up
China's exports to Europe have always dominated domestic machines. However, the demand for home sewing machines in Europe has dropped sharply in recent years, while the demand for embroidery machines has been on the rise. In particular, there are special embroidery machines such as cap embroidery machines. At present, China's exports to European embroidery machines are concentrated in Italy, Russia, Germany and other countries.
South America: All-round and rapid export growth
China's exports of South American sewing machinery products are concentrated in Brazil and other countries, of which China's exports to Brazil account for nearly half of South American exports.
Since the end of 2007, the textile and apparel markets in South America such as Brazil and Argentina have been rapidly developing. The demand for industrial machines and spare parts has been remarkably enhanced. The cost-effective advantages of Chinese products have become the preferred choice for the enterprises in South America. In the second half of the year, the economic environment in South America will not change. However, the rapid development of the textile and apparel markets in Brazil, Argentina and other countries will continue to be maintained. It is expected that the export market of sewing machines in South America will still flourish in full bloom and usher in a small export boom in China.
North America: home machine demand pick up
China's exports of North American sewing machine products to home-based machines, exports concentrated in the United States. The reason is the financial crisis, housewives had to do something at home and reduce their expenses. As a result, the market demand for the US-based consumer machines is gradually heating up, and the buying of home-use machines shows signs of recovery. In the second half of the United States is expected to North American home console market demand will continue to pick up.