Report Update: Apr 17, 2024

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

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Cotton Sewing Thread Price in Singapore - 2022

Cotton Sewing Thread Price in Singapore (FOB) - 2022

In 2022, the average cotton sewing thread export price amounted to $10,216 per ton, increasing by 32% against the previous year. Overall, the export price, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 355%. Over the period under review, the average export prices hit record highs at $24,238 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($11,713 per ton), while the average price for exports to Indonesia amounted to $9,767 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-2.2%), while the prices for the other major destinations experienced a decline.

Cotton Sewing Thread Price in Singapore (CIF) - 2022

In 2022, the average cotton sewing thread import price amounted to $12,534 per ton, dropping by -25.2% against the previous year. Overall, the import price, however, saw notable growth. The pace of growth appeared the most rapid in 2019 an increase of 50% against the previous year. The import price peaked at $16,748 per ton in 2021, and then fell markedly in the following year.

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 Taiwan (Chinese) ($91,548 per ton), while the price for Hong Kong SAR ($4,931 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+212.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Cotton Sewing Thread Exports in Singapore

Cotton sewing thread exports from Singapore contracted notably to 50 tons in 2022, waning by -50.3% against the year before. Overall, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 9.4%.

In value terms, cotton sewing thread exports dropped rapidly to $506K in 2022. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 1.3%.

Export of Cotton Sewing Thread in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	692	605	734	417	-15.5%
Malaysia	157	108	13.9	73.0	-22.5%
India	5.9	N/A	0.5	N/A	-70.9%
Others	40.1	48.2	21.7	16.2	-26.1%
Total	896	761	770	506	-17.3%

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

Indonesia (42.7 tons)
Malaysia (6.2 tons)

Cotton Sewing Thread Imports in Singapore

In 2022, overseas purchases of cotton sewing thread increased by 59% to 24 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a sharp curtailment.

In value terms, cotton sewing thread imports skyrocketed to $297K in 2022. Overall, imports, however, continue to indicate a deep contraction.

Import of Cotton Sewing Thread in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	140	60.2	49.7	70.7	-20.4%
Taiwan (Chinese)	46.2	44.4	63.1	60.7	9.5%
Malaysia	90.0	54.5	17.6	45.0	-20.6%
Indonesia	8.6	53.3	14.5	41.3	68.7%
Hong Kong SAR	0.1	26.7	22.4	21.4	498.1%
Japan	25.1	24.3	20.5	11.7	-22.5%
India	13.7	21.0	7.5	11.4	-5.9%
Thailand	34.6	87.3	1.4	7.9	-38.9%
Germany	38.9	0.3	4.2	4.0	-53.2%
Vietnam	99.6	N/A	1.9	1.8	-73.8%
Others	33.0	25.3	46.3	20.8	-14.3%
Total	530	397	249	297	-17.6%

Top Suppliers of Cotton Sewing Thread to Singapore in 2022:

China (6.9 tons)
Malaysia (4.3 tons)
Hong Kong SAR (4.3 tons)
Indonesia (4.0 tons)
India (1.6 tons)
Thailand (1.0 tons)
Taiwan (Chinese) (0.7 tons)
Vietnam (0.3 tons)
Japan (0.2 tons)
Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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

Singapore

Data coverage:

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