Vietnam - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSewing Thread Price in Vietnam - 2022
Contents:
- Sewing Thread Price in Vietnam (CIF) - 2022
- Sewing Thread Price in Vietnam (FOB) - 2022
- Sewing Thread Imports in Vietnam
- Sewing Thread Exports in Vietnam
Sewing Thread Price in Vietnam (CIF) - 2022
The average sewing thread import price stood at $11,049 per ton in December 2022, rising by 4.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in January 2022 when the average import price increased by 15% against the previous month. The import price peaked at $11,206 per ton in October 2022; however, from November 2022 to December 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Thailand ($14,359 per ton) and Taiwan (Chinese) ($14,222 per ton), while the price for Malaysia ($9,775 per ton) and Japan ($10,083 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sewing Thread Price in Vietnam (FOB) - 2022
In December 2022, the average sewing thread export price amounted to $10,445 per ton, stabilizing at the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when the average export price increased by 13% month-to-month. As a result, the export price attained the peak level of $11,465 per ton. From June 2022 to December 2022, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($20,457 per ton), while the average price for exports to South Korea ($5,849 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Thread Imports in Vietnam
In 2022, the amount of sewing thread of man-made filaments or staple fibers imported into Vietnam declined to 17K tons, which is down by -7.2% on 2021. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 18K tons, and then shrank in the following year.
In value terms, sewing thread imports reduced to $151M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. As a result, imports reached the peak of $165M, and then shrank in the following year.
| Import of Sewing Thread in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 79.7 | 84.7 | 99.6 | 93.5 | 5.5% |
| Hong Kong SAR | 15.8 | 13.1 | 19.1 | 24.5 | 15.7% |
| South Korea | 14.4 | 11.5 | 15.6 | 10.6 | -9.7% |
| Japan | 10.0 | 7.7 | 8.4 | 5.7 | -17.1% |
| Taiwan (Chinese) | 5.0 | 4.5 | 4.7 | 2.7 | -18.6% |
| Malaysia | 1.4 | 1.5 | 1.1 | 1.7 | 6.7% |
| India | 4.8 | 1.9 | 1.5 | 0.7 | -47.4% |
| Others | 14.8 | 12.5 | 15.1 | 11.8 | -7.3% |
| Total | 146 | 137 | 165 | 151 | 1.1% |
Top Suppliers of Sewing Thread to Vietnam in 2022:
- India (undefinedK tons)
- China (12.4K tons)
- Hong Kong SAR (1.6K tons)
- South Korea (1.2K tons)
- Taiwan (Chinese) (0.4K tons)
- Malaysia (0.3K tons)
- Japan (0.3K tons)
Sewing Thread Exports in Vietnam
Sewing thread exports from Vietnam surged to 11K tons in 2022, growing by 186% on the year before. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sewing thread exports dropped to $42M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of $46M, and then contracted in the following year.
| Export of Sewing Thread in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 1.9 | 1.6 | 1.3 | 32.5 | 157.7% |
| Cambodia | 22.6 | 21.8 | 24.3 | 3.8 | -44.8% |
| Indonesia | 2.6 | 2.2 | 6.6 | 0.9 | -29.8% |
| Others | 11.4 | 11.4 | 14.4 | 4.6 | -26.1% |
| Total | 38.4 | 37.0 | 46.5 | 41.7 | 2.8% |
Top Export Markets for Sewing Thread from Vietnam in 2022:
- Myanmar (9.7K tons)
- Cambodia (0.3K tons)
- Indonesia (0.2K tons)
This report provides an in-depth analysis of the sewing thread market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
3627
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
1127
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
1623
In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
3627
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
1127
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
