Report Update: May 1, 2024

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

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Cotton Sewing Thread Price in China - 2023

Cotton Sewing Thread Price in China (FOB) - 2022

The average cotton sewing thread export price stood at $5,768 per ton in 2022, with a decrease of -4.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2020 an increase of 14% against the previous year. Over the period under review, the average export prices hit record highs at $6,812 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($8,544 per ton), while the average price for exports to Somalia ($1,913 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Sewing Thread Price in China (CIF) - 2022

In 2022, the average cotton sewing thread import price amounted to $11,184 per ton, growing by 25% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 57%. Over the period under review, average import prices attained the maximum at $15,644 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($39,732 per ton), while the price for Hong Kong SAR ($3,100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Cotton Sewing Thread Exports in China

For the fourth year in a row, China recorded growth in shipments abroad of cotton sewing thread, which increased by 4.5% to 4.9K tons in 2022. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, cotton sewing thread exports declined slightly to $28M in 2022. The total export value increased at an average annual rate of +13.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 28% against the previous year.

Export of Cotton Sewing Thread in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	1,118	2,577	3,473	2,903	37.4%
United States	1,025	1,666	2,029	1,976	24.5%
Cambodia	774	656	1,083	1,455	23.4%
India	431	310	1,003	1,417	48.7%
Philippines	634	830	700	1,286	26.6%
Kazakhstan	1,135	1,183	660	1,040	-2.9%
Tanzania	515	424	550	1,037	26.3%
Kenya	159	296	393	914	79.1%
Malaysia	456	1,249	1,070	799	20.6%
Ghana	331	475	494	736	30.5%
Indonesia	287	236	503	733	36.7%
Angola	24.3	34.5	49.5	384	150.9%
Somalia	0.7	7.9	0.1	226	586.0%
Others	12,519	14,817	16,572	13,537	2.6%
Total	19,409	24,761	28,579	28,445	13.6%

Top Export Markets for Cotton Sewing Thread from China in 2022:

India (450.0 tons)
Ghana (342.0 tons)
Vietnam (339.8 tons)
United States (244.2 tons)
Philippines (224.9 tons)
Cambodia (213.8 tons)
Kazakhstan (189.2 tons)
Kenya (187.3 tons)
Angola (155.6 tons)
Tanzania (146.5 tons)
Malaysia (144.4 tons)
Indonesia (122.9 tons)
Somalia (118.2 tons)

Cotton Sewing Thread Imports in China

Cotton sewing thread imports into China fell to 51 tons in 2022, shrinking by -4.6% on the previous year's figure. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year.

In value terms, cotton sewing thread imports surged to $566K in 2022. Overall, imports saw a abrupt decrease.

Import of Cotton Sewing Thread in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	159	82.4	94.2	196	7.2%
South Korea	207	114	148	167	-6.9%
Taiwan (Chinese)	24.0	17.7	20.9	66.3	40.3%
India	138	122	96.1	46.0	-30.7%
Peru	76.3	48.8	8.0	21.9	-34.0%
United States	28.7	16.1	27.8	18.7	-13.3%
Germany	127	19.7	3.5	18.1	-47.8%
United Arab Emirates	9.3	N/A	20.2	N/A	47.4%
Others	106	22.9	54.2	31.9	-33.0%
Total	875	443	473	566	-13.5%

Top Suppliers of Cotton Sewing Thread to China in 2022:

South Korea (24.4 tons)
Japan (9.6 tons)
Taiwan (Chinese) (5.8 tons)
India (3.8 tons)
United States (2.9 tons)
Peru (1.8 tons)
Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton sewing thread market in China. 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:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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