Cotton Sewing Thread Market - Costa Rica Suddenly Establishes a Dominant Presence in Cotton Sewing Thread Exports
Textile Fibres December 21, 2016
Photo: © YakobchukOlena / Bigstockphoto
The global trade in cotton sewing thread amounted to 180 million USD in 2015, fluctuating mildly over the period under review. A 27% drop in 2009 was followed by another 1% decline in 2010, after which exports alternated between modest growth and stagnation through to the end of the period under review.
According to IndexBox estimates, Costa Rica suddenly emerged as the top global exporter of cotton sewing thread in 2015, growing its share from 0% to 15% in one year. In 2015, Costa Rica's cotton sewing thread exports totaled 26.6 million USD, which accounted for a 15% share in terms of global exports. China, India, Thailand, and Pakistan were the other key global suppliers of cotton sewing thread in 2015, with a 40% combined share of global exports.
Costa Rica (+167.9% per year) and Pakistan (+20.3% per year) were the fastest growing exporters from 2007 to 2015. Costa Rica's exceptional export growth rate placed it at the top of the global cotton sewing thread market.
Dominican Republic (19.9%, based on value terms), Guatemala (7.0%), Cambodia (6.7%), USA (6.0%), and Indonesia (5.9%) were the leading destinations of cotton sewing thread imports in 2015. Imports to Indonesia grew at a rapid pace of +41.6% per year from 2007 to 2015. By contrast, the USA slightly contracted its imports of cotton sewing thread over the same period. The Dominican Republic's share of global imports increased significantly (+18 percentage points), while the share of the USA illustrated negative dynamics (-1 percentage points).
Do you want to know more about the global cotton sewing thread market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- cotton sewing thread market share
- cotton sewing thread prices
- cotton sewing thread industry
- cotton sewing thread sales
- cotton sewing thread market forecast
- cotton sewing thread price forecast
- key cotton sewing thread producers
Source: World: Cotton Sewing Thread - Market Report. Analysis and Forecast to 2020
