Report Update: Apr 1, 2024

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

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Sewing Thread Price in Norway - 2023

Sewing Thread Price in Norway (CIF) - 2022

The average sewing thread import price stood at $25,024 per ton in 2022, rising by 3.5% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 11%. Over the period under review, average import prices attained the peak figure at $34,934 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($47,967 per ton), while the price for Indonesia ($5,851 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Sewing Thread Price in Norway (FOB) - 2022

In 2022, the average sewing thread export price amounted to $21,785 per ton, rising by 13% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sewing thread export price increased by +94.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 72% against the previous year. Over the period under review, the average export prices attained the maximum at $25,767 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($32,548 per ton), while the average price for exports to Bulgaria ($12,891 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 Sweden (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sewing Thread Imports in Norway

Sewing thread imports into Norway rose markedly to 107 tons in 2022, surging by 7.3% on the year before. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sewing thread imports rose markedly to $2.7M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sewing Thread in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	852	833	806	929	2.9%
China	456	529	551	781	19.6%
Turkey	122	118	131	155	8.3%
Romania	32.1	139	129	121	55.6%
India	443	390	381	121	-35.1%
Netherlands	100	31.3	66.1	92.8	-2.5%
Austria	0.2	12.8	76.1	50.5	532.1%
Denmark	8.7	29.2	20.4	49.4	78.4%
Sweden	93.6	30.5	35.8	35.1	-27.9%
Spain	58.9	28.7	29.1	30.8	-19.4%
Belgium	12.9	41.2	15.4	17.2	10.1%
Indonesia	2.3	15.1	13.1	11.3	70.0%
Thailand	57.6	1.8	N/A	4.4	-57.6%
Others	203	165	160	281	11.4%
Total	2,443	2,365	2,413	2,680	3.1%

Top Suppliers of Sewing Thread to Norway in 2022:

China (36.8 tons)
Germany (19.4 tons)
India (7.1 tons)
Turkey (6.8 tons)
Netherlands (6.2 tons)
Romania (5.9 tons)
Denmark (4.3 tons)
Austria (2.5 tons)
Belgium (2.5 tons)
Spain (2.3 tons)
Sweden (2.1 tons)
Indonesia (1.9 tons)
Thailand (0.2 tons)

Sewing Thread Exports in Norway

In 2022, overseas shipments of sewing thread of man-made filaments or staple fibers decreased by -18.2% to 15 tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -33.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 85% against the previous year. As a result, the exports reached the peak of 22 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sewing thread exports fell to $317K in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 41%. As a result, the exports attained the peak of $344K, and then dropped in the following year.

Export of Sewing Thread in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Estonia	73.6	59.3	75.7	123	18.7%
Lithuania	70.8	79.0	107	31.7	-23.5%
United States	8.2	13.7	23.2	26.0	46.9%
Poland	15.9	10.1	15.1	17.4	3.1%
Latvia	26.8	12.4	17.2	15.4	-16.9%
Sweden	21.1	16.2	26.7	13.6	-13.6%
Bulgaria	N/A	N/A	5.9	13.5	128.8%
Others	59.4	53.7	73.4	76.9	9.0%
Total	276	244	344	317	4.7%

Top Export Markets for Sewing Thread from Norway in 2022:

Estonia (7.2 tons)
Lithuania (1.4 tons)
Latvia (1.1 tons)
Bulgaria (1.0 tons)
United States (0.8 tons)
Poland (0.7 tons)
Sweden (0.5 tons)

Source: IndexBox Market Intelligence Platform

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

Norway

Data coverage:

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