Czech Republic: Sewing Thread Market Overview 2021

Sewing Thread Market Size in the Czech Republic

In 2019, the Czech sewing thread market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, recorded moderate growth. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Sewing Thread Exports

Exports from the Czech Republic

In 2019, shipments abroad of sewing thread of man-made filaments or staple fibers decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. In general, total exports indicated tangible growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, sewing thread exports reduced dramatically to $X in 2019. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

Exports by Country

South Africa (X tonnes), Germany (X tonnes) and New Zealand (X tonnes) were the main destinations of sewing thread exports from the Czech Republic, together accounting for X% of total exports.

From 2007 to 2019, the biggest increases were in South Africa (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for sewing thread exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-X% per year) and Austria (+X% per year).

Export Prices by Country

The average sewing thread export price stood at $X per tonne in 2019, waning by -X% against the previous year. Overall, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2010; however, from 2011 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Sewing Thread Imports

Imports into the Czech Republic

In 2019, overseas purchases of sewing thread of man-made filaments or staple fibers decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. In general, imports, however, saw a pronounced expansion. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, sewing thread imports contracted sharply to $X in 2019. Over the period under review, imports, however, posted a mild increase. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2013 to 2019, the growth imports remained at a lower figure.

Imports by Country

The UK (X tonnes), Slovenia (X tonnes) and Germany (X tonnes) were the main suppliers of sewing thread imports to the Czech Republic, with a combined X% share of total imports. Spain, Hungary, Italy and China lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sewing thread suppliers to the Czech Republic were the UK ($X), Germany ($X) and Spain ($X), with a combined X% share of total imports.

Among the main suppliers, Spain saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sewing thread import price stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the import price recorded a mild curtailment. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was China ($X per tonne), while the price for Slovenia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sewing thread of man-made filaments or staple fibers in the world?

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The countries with the highest volumes of sewing thread consumption in 2019 were China (106K tonnes), Turkey (75K tonnes) and the U.S. (53K tonnes), with a combined 41% share of global consumption. These countries were followed by India, Germany, Indonesia, Viet Nam, Mexico, France, Japan, South Korea, Pakistan and Bangladesh, which together accounted for a further 30%.

What are the largest producers of sewing thread of man-made filaments or staple fibers in the world?

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China (257K tonnes) remains the largest sewing thread producing country worldwide, accounting for 42% of total volume. Moreover, sewing thread production in China exceeded the figures recorded by the second-largest producer, Turkey (66K tonnes), fourfold. The U.S. (57K tonnes) ranked third in terms of total production with a 9.3% share.

What are the leading suppliers of sewing thread of man-made filaments or staple fibers to the Czech Republic?

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In value terms, the largest sewing thread suppliers to the Czech Republic were the UK ($6.8M), Germany ($3.5M) and Spain ($2.2M), with a combined 67% share of total imports.

What are the leading importers of sewing thread of man-made filaments or staple fibers from the Czech Republic?

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In value terms, Germany ($6.4M) remains the key foreign market for sewing thread exports from the Czech Republic, comprising 74% of total exports. The second position in the ranking was occupied by Russia ($283K), with a 3.3% share of total exports. It was followed by Austria, with a 1.6% share.

What is the average export price for sewing thread of man-made filaments or staple fibers in the Czech Republic?

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In 2019, the average sewing thread export price amounted to $6,809 per tonne, reducing by -37.2% against the previous year.

What is the average import price for sewing thread of man-made filaments or staple fibers in the Czech Republic?

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In 2019, the average sewing thread import price amounted to $3,899 per tonne, falling by -6.5% against the previous year.