China's industrial sewing machine export market "looks beautiful"

Since the beginning of this year, the industrial sewing machine market in our country has witnessed an exciting and enthusiastic situation. Both production and sales have been booming and exports have shown significant growth. According to statistics from Nanjing Customs, in the first two months of this year, Jiangsu exported a total of 17,000 industrial sewing machines worth 1.956 million U.S. dollars, an increase of 1.5 times and 2.1 times over the same period of last year.

Experts in the industry believe that the significant increase in the export of industrial sewing machines indicates that China has the strength of the world's sewing equipment production and sales center. At the same time, the state implements a full export tax rebate system for the export of sewing equipment, which encourages the enthusiasm of enterprises to export sewing equipment; The cancellation of the global textile quota system has promoted the rapid development of the entire garment industry. In many countries, including China, the number of garment export orders has increased, and the production capacity of garment companies has expanded, and the demand for sewing equipment has increased significantly. In Southeast Asia, Eastern Europe, South America and other countries and regions, the large demand for medium and low-grade sewing equipment has provided a broad market for the export of China's industrial sewing equipment.

Although the industrial sewing machine export situation is gratifying, but the industry experts are not without concerns, according to another data from Nanjing Customs shows that in the first two months of this year, Jiangsu Province imported 5,369 sets of sewing machines, the import volume is only 31.6% of the same period of export volume, but imports The amount of 5.93 million US dollars, is 3 times the amount of exports over the same period. According to industry sources, the current total annual production of sewing machines in the world is 16 million units, and the annual trade volume is about 7 billion US dollars. The annual output of sewing machines in China accounts for nearly 45% of the world's total output, while the export trade accounts for less than 5% of the world's total trade volume. .

China's industrial sewing machine export market is "it looks very beautiful." The expert analysis, on the one hand, is that China's sewing machine export products are mainly low-end and high-end high-price products are less involved; on the other hand, there are many domestic manufacturers, export competition is fierce, and export product quality and technical content cannot be completely guaranteed. Limit the further increase of the export of sewing equipment in our country. With rising raw material prices and low technological content, the profit margins of medium- and low-end sewing machines with low added value will be even weaker. Enterprises will be at a disadvantage in competition and will directly threaten their own development.

China's sewing machine manufacturers must seize the opportunity to speed up the technological transformation, increase the technological content, develop new products that meet market needs, improve product quality and quality, strive to create a world famous brand, and use brands to generate more foreign exchange. Government departments and industry associations must also strengthen management and guidance to ensure the healthy and sustainable development of sewing equipment exports.