Report Update: May 1, 2024

Italy - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Sewing Thread Price in Italy - 2023

Sewing Thread Price in Italy (CIF) - 2023

In June 2023, the average sewing thread import price amounted to $10,925 per ton, picking up by 18% against the previous month. Over the period under review, import price indicated a modest expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, sewing thread import price increased by +28.4% against April 2023 indices. The pace of growth was the most pronounced in January 2023 when the average import price increased by 65% m-o-m. As a result, import price attained the peak level of $16,222 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($27,790 per ton), while the price for Hungary ($2,309 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sewing Thread Price in Italy (FOB) - 2023

The average sewing thread export price stood at $14,179 per ton in June 2023, which is down by -16.7% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 98% against the previous month. The export price peaked at $17,333 per ton in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Romania ($22,078 per ton), while the average price for exports to France ($5,879 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sewing Thread Imports in Italy

Sewing thread imports into Italy surged to 5.9K tons in 2022, rising by 38% compared with 2021 figures. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sewing thread imports skyrocketed to $61M in 2022. In general, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sewing Thread in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	18.4	15.1	18.6	36.6	25.8%
China	9.7	8.1	10.0	13.2	10.8%
Hungary	4.2	2.0	2.8	2.3	-18.2%
Turkey	1.3	1.1	1.6	1.7	9.4%
Greece	0.1	N/A	N/A	1.4	141.0%
India	0.3	0.3	0.5	0.5	18.6%
Others	5.6	4.2	5.6	5.4	-1.2%
Total	39.7	30.9	39.2	61.1	15.5%

Top Suppliers of Sewing Thread to Italy in 2022:

China (2789.5 tons)
Germany (2107.0 tons)
Hungary (246.8 tons)
Turkey (177.9 tons)
Greece (97.9 tons)
India (92.4 tons)

Sewing Thread Exports in Italy

In 2022, the amount of sewing thread of man-made filaments or staple fibers exported from Italy rose significantly to 2.9K tons, increasing by 7.2% on 2021. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, sewing thread exports stood at $38M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Sewing Thread in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tunisia	9.3	6.4	8.7	11.9	8.6%
Romania	6.5	5.4	7.6	8.2	8.1%
Albania	2.3	2.0	2.8	2.7	5.5%
Serbia	1.1	1.0	1.5	1.8	17.8%
Russia	0.4	0.5	1.7	1.6	58.7%
Germany	1.3	1.0	1.2	1.5	4.9%
Bulgaria	1.3	1.6	1.2	0.8	-14.9%
Mexico	0.6	0.2	0.4	0.5	-5.9%
Morocco	1.0	0.5	0.6	0.5	-20.6%
Luxembourg	0.7	0.7	0.4	0.4	-17.0%
Moldova	0.4	0.3	0.5	0.4	0.0%
Ethiopia	0.8	0.4	0.1	0.1	-50.0%
India	0.5	0.4	0.3	0.1	-41.5%
Others	7.5	6.4	10.0	7.3	-0.9%
Total	33.5	26.9	36.8	37.9	4.2%

Top Export Markets for Sewing Thread from Italy in 2022:

Tunisia (1056.7 tons)
Romania (656.5 tons)
Albania (223.6 tons)
Germany (187.2 tons)
Serbia (124.7 tons)
Russia (68.6 tons)
Moldova (44.2 tons)
Mexico (43.4 tons)
Bulgaria (42.0 tons)
Morocco (40.7 tons)
Luxembourg (38.4 tons)
Ethiopia (14.5 tons)
India (6.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sewing thread market in Italy. 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 13108510 - Sewing thread of man-made filaments
Prodcom 13108550 - Sewing thread of man-made staple fibres

Country coverage:

Italy

Data coverage:

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