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India - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Jan 16, 2023
Cotton Sewing Thread Price in India Increases Modestly to $10.3 per kg
India Cotton Sewing Thread Export Price in September 2022
In September 2022, the cotton sewing thread price amounted to $10.3 per kg (FOB, India), increasing by 14% against the previous month. Over the last eight months, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in February 2022 an increase of 18% month-to-month. As a result, the export price attained the peak level of $10.4 per kg; afterwards, it flattened through to September 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($26.2 per kg), while the average price for exports to Nepal ($2.0 per kg) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
India Cotton Sewing Thread Export Prices by Type
Average prices varied somewhat for the major types of exported product. In September 2022, the product with the highest price was cotton; sewing thread, put up for retail sale ($11.2 per kg), while the average price for exports of cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale ($7,924 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: cotton; sewing thread, put up for retail sale (+2.9%), while the prices for the other products experienced mixed trend patterns.
India Cotton Sewing Thread Exports
In September 2022, exports of cotton sewing thread from India declined rapidly to 78 tons, shrinking by -38% on the previous month. In general, exports faced a abrupt decrease. The most prominent rate of growth was recorded in July 2022 with an increase of 16% month-to-month. Over the period under review, the exports reached the maximum at 198 tons in February 2022; however, from March 2022 to September 2022, the exports stood at a somewhat lower figure.
In value terms, cotton sewing thread exports fell remarkably to $799K (IndexBox estimates) in September 2022. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in February 2022 when exports increased by 27% against the previous month. As a result, the exports attained the peak of $2.1M. From March 2022 to September 2022, the growth of the exports remained at a lower figure.
India Cotton Sewing Thread Exports by Type
Cotton; sewing thread, put up for retail sale (39 tons), cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale (38 tons) and cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale (699 kg) were the main products of cotton sewing thread exports from India.
From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale (with a CAGR of -4.8%), while the other products experienced a decline.
In value terms, the most traded types of cotton sewing thread in India were cotton; sewing thread, put up for retail sale ($435K), cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale ($358K) and cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale ($5.5K).
Among the main product categories, cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale, with a CAGR of -3.5%, 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 a decline.
India Cotton Sewing Thread Exports by Country
Bangladesh (23 tons) was the main destination for cotton sewing thread exports from India, with a 30% share of total exports. Moreover, cotton sewing thread exports to Bangladesh exceeded the volume sent to the second major destination, Spain (8.7 tons), threefold. The third position in this ranking was taken by Sri Lanka (6.6 tons), with an 8.5% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume to Bangladesh stood at +71.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Spain (+130.2% per month) and Sri Lanka (+0.1% per month).
In value terms, Bangladesh ($261K) emerged as the key foreign market for cotton sewing thread exports from India, comprising 33% of total exports. The second position in the ranking was taken by Spain ($81K), with a 10% share of total exports. It was followed by the United States, with a 10% share.
From January 2022 to September 2022, the average monthly growth rate of value to Bangladesh totaled +61.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Spain (+115.5% per month) and the United States (+3.4% per month).
Cotton Sewing Thread Market Overview
Cotton sewing thread is an important component in the production of textile products. It is used to stitch together fabric pieces and add strength and durability to the finished product. It is used in a variety of applications, including garments, home furnishings, and industrial uses.
The cotton sewing thread market in India has been growing rapidly in recent years, driven by factors such as the increasing popularity of ready-to-wear garments and the growing demand for home sewing. The Indian sewing thread market is highly fragmented, with a large number of small and medium-sized players. The major players in the market are Vardhman Textiles, Coats India, and JKThreads.
The high cost of raw materials and competition from synthetic sewing threads are some of the key challenges faced by players operating in the Indian cotton sewing thread market. Nevertheless, rising awareness about the benefits of using natural fabrics is expected to create lucrative opportunities for market players in the coming years. Additionally, the growing preference for eco-friendly and biodegradable products fuels the demand for cotton sewing threads in India.
This report provides an in-depth analysis of the cotton sewing thread market in India. 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:
• India
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
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
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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