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Germany - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Feb 25, 2024

Decline in Germany's Cotton Sewing Thread Exports to $263K in October 2023

Germany Cotton Sewing Thread Exports

Cotton sewing thread exports from Germany contracted to 8.7 tons in October 2023, falling by -13.1% against the previous month. In general, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in November 2022 with an increase of 124% m-o-m. As a result, the exports reached the peak of 35 tons. From December 2022 to October 2023, the growth of the exports remained at a lower figure.

In value terms, cotton sewing thread exports contracted to $263K (IndexBox estimates) in October 2023. Over the period under review, exports recorded a noticeable reduction. The pace of growth appeared the most rapid in November 2022 when exports increased by 31% m-o-m. As a result, the exports attained the peak of $546K. From December 2022 to October 2023, the growth of the exports failed to regain momentum. Germany Cotton Sewing Thread Exports By Country (USD)

COUNTRY	Export Value of Cotton Sewing Thread in Germany (USD)
COUNTRY	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023	Sep 2023	Oct 2023
Tunisia	87,836	58,280	48,302	64,191	56,479	37,474	30,678	23,897	31,205	16,267	9,640	44,225	57,832
United Kingdom	76,515	50,664	8,360	40,123	24,703	29,659	29,318	41,835	33,441	56,735	28,019	51,346	51,366
Australia	54,216	45,168	73,985	57,626	30,640	40,160	11,360	75,687	27,990	2,351	14,090	1,230	25,205
Mexico	17,608	13,230	N/A	21,180	18,714	48,619	28,298	13,405	24,287	7,669	66,119	36,612	16,780
Italy	25,210	27,420	23,170	26,384	22,827	22,584	32,275	25,012	29,049	41,753	16,378	19,188	N/A
Austria	10,814	10,054	13,239	13,509	10,489	12,315	11,797	12,675	9,953	9,744	8,687	16,552	N/A
Spain	14,324	14,519	13,691	30,287	23,745	23,648	43,684	21,532	20,079	7,362	6,728	21,673	N/A
Others	131,176	326,672	141,300	89,877	228,754	127,553	107,802	102,943	140,653	129,790	131,489	111,142	111,615
Total	417,699	546,007	322,047	343,177	416,351	342,012	295,212	316,986	316,657	271,671	281,150	301,968	262,798

Exports by Country

Tunisia (3 tons) was the main destination for cotton sewing thread exports from Germany, with a 34% share of total exports. Moreover, cotton sewing thread exports to Tunisia exceeded the volume sent to the second major destination, the UK (709 kg), fourfold. The third position in this ranking was taken by Mexico (604 kg), with a 6.9% share.

From October 2022 to October 2023, the average monthly rate of growth in terms of volume to Tunisia totaled -5.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the UK (-4.3% per month) and Mexico (-0.8% per month).

In value terms, the largest markets for cotton sewing thread exported from Germany were Tunisia ($58K), the UK ($51K) and Australia ($25K), with a combined 51% share of total exports. Mexico lagged somewhat behind, accounting for a further 6.4%.

Mexico, with a CAGR of -0.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Exports by Type

Cotton; sewing thread, put up for retail sale (4.7 tons), cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale (3.8 tons) and cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale (149 kg) were the main products of cotton sewing thread exports from Germany, together accounting for 99.9% of total exports.

From October 2022 to October 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale (with a CAGR of +8.8%), while the other products experienced mixed trend patterns.

In value terms, the most traded types of cotton sewing thread in Germany were cotton; sewing thread, put up for retail sale ($168K), cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale ($90K) and cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale ($5.2K).

In terms of the main product categories, cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale, with a CAGR of +33.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced mixed trend patterns.

Export Prices by Country

In October 2023, the cotton sewing thread price stood at $30,155 per ton (FOB, Germany), approximately equating the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 67% m-o-m. Over the period under review, the average export prices reached the peak figure at $33,751 per ton in May 2023; however, from June 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Australia ($104K per ton), while the average price for exports to Serbia ($12,657 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton sewing thread market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13106200 - Cotton sewing thread

Country coverage:

Germany

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Germany
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Germany - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights

Decline in Germany's Cotton Sewing Thread Exports to $263K in October 2023

Germany Cotton Sewing Thread Exports

Exports by Country

Exports by Type

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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