Sri Lanka - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 17, 2024

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

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Cotton Sewing Thread Price in Sri Lanka - 2021

Contents:

  1. Cotton Sewing Thread Price in Sri Lanka (CIF) - 2022
  2. Cotton Sewing Thread Price in Sri Lanka (FOB) - 2022
  3. Cotton Sewing Thread Imports in Sri Lanka
  4. Cotton Sewing Thread Exports in Sri Lanka

Cotton Sewing Thread Price in Sri Lanka (CIF) - 2022

In 2022, the average cotton sewing thread import price amounted to $8,554 per ton, with an increase of 2.2% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton sewing thread import price increased by +68.3% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 62% against the previous year. The import price peaked at $9,859 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($10,642 per ton), while the price for Thailand ($3,117 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Cotton Sewing Thread Price in Sri Lanka (FOB) - 2022

The average cotton sewing thread export price stood at $3,677 per ton in 2022, with a decrease of -44.7% against the previous year. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 149%. The export price peaked at $9,343 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($7,227 per ton), while the average price for exports to the United Arab Emirates ($688 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 Myanmar (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Sewing Thread Imports in Sri Lanka

After two years of decline, purchases abroad of cotton sewing thread increased by 2.9% to 69 tons in 2022. Overall, imports, however, recorded a abrupt contraction.

In value terms, cotton sewing thread imports expanded markedly to $587K in 2022. Over the period under review, imports, however, showed a deep setback.

Import of Cotton Sewing Thread in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India405301239281-11.5%
Germany244122121157-13.7%
China42.231.447.237.1-4.2%
Indonesia21.753.825.628.89.9%
Thailand13.13.411.211.7-3.7%
Others15310311470.9-22.6%
Total879615558587-12.6%

Top Suppliers of Cotton Sewing Thread to Sri Lanka in 2022:

  1. India (35.9 tons)
  2. Germany (19.3 tons)
  3. China (4.6 tons)
  4. Thailand (3.7 tons)
  5. Indonesia (2.7 tons)

Cotton Sewing Thread Exports in Sri Lanka

In 2022, cotton sewing thread exports from Sri Lanka soared to 22 tons, jumping by 150% against 2021 figures. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 355% against the previous year. As a result, the exports attained the peak of 39 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cotton sewing thread exports soared to $82K in 2022. Overall, exports posted a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by 80% against the previous year. As a result, the exports reached the peak of $104K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Cotton Sewing Thread in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria11.912.111.617.012.6%
Myanmar0.324.57.216.7281.8%
Cambodia5.013.84.09.825.1%
Maldives9.81.03.16.6-12.3%
Jordan4.19.52.44.85.4%
India3.36.22.04.611.7%
Ethiopia4.86.62.54.6-1.4%
Kenya5.14.11.63.7-10.1%
United Arab Emirates1.84.51.43.221.1%
Burkina FasoN/A7.0N/AN/A0%
Others11.915.223.310.8-3.2%
Total58.010459.181.712.1%

Top Export Markets for Cotton Sewing Thread from Sri Lanka in 2022:

  1. Myanmar (5.3 tons)
  2. United Arab Emirates (4.6 tons)
  3. Cambodia (3.5 tons)
  4. India (2.4 tons)
  5. Nigeria (2.4 tons)
  6. Jordan (0.7 tons)
  7. Maldives (0.6 tons)
  8. Ethiopia (0.6 tons)
  9. Kenya (0.4 tons)

Source: IndexBox Market Intelligence Platform

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

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...

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In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...

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The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be

India’s Cotton Sewing Thread Exports Dropped by 10% in 2014
Aug 13, 2015
Eye 1503

Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne

Which Country Imports the Most Cotton Sewing Thread in the World?
May 28, 2018
Eye 1029

In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...

Which Country Exports the Most Cotton Sewing Thread in the World?
May 28, 2018
Eye 1080

In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...

Cotton Sewing Thread Market - Costa Rica Suddenly Establishes a Dominant Presence in Cotton Sewing Thread Exports
Dec 21, 2016
Eye 1648

The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be

India’s Cotton Sewing Thread Exports Dropped by 10% in 2014
Aug 13, 2015
Eye 1503

Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne

Free Data: Cotton Sewing Thread - Sri Lanka