Czech Republic: Sewing Thread Market Overview 2020

Sewing Thread Market Size in the Czech Republic

The revenue of the sewing thread market in the Czech Republic amounted to $X in 2018, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, sewing thread consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. In that year, the sewing thread market attained its peak level of $X. From 2013 to 2018, the growth of the sewing thread market failed to regain its momentum.

Sewing Thread Exports

Exports from the Czech Republic

In 2018, approx. X tonnes of sewing thread of man-made filaments or staple fibers were exported from the Czech Republic; going down by -X% against the previous year. Overall, the total exports indicated moderate growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, sewing thread exports amounted to $X in 2018. Over the period under review, sewing thread exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Germany (X tonnes) was the main destination for sewing thread exports from the Czech Republic, with a X% share of total exports. Moreover, sewing thread exports to Germany exceeded the volume sent to the second major destination, Japan (X tonnes), eightfold. Austria (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Austria (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Russia (-X% per year).

Export Prices by Country

In 2018, the average sewing thread export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price indicated a strong expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sewing thread export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for sewing thread of man-made filaments or staple fibers attained their peak figure in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Japan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Sewing Thread Imports

Imports into the Czech Republic

In 2018, approx. X tonnes of sewing thread of man-made filaments or staple fibers were imported into the Czech Republic; going up by X% against the previous year. Overall, sewing thread imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. In that year, sewing thread imports attained their peak of X tonnes. From 2013 to 2018, the growth of sewing thread imports failed to regain its momentum.

In value terms, sewing thread imports stood at $X in 2018. Over the period under review, sewing thread imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, sewing thread imports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

The UK (X tonnes), Germany (X tonnes) and Spain (X tonnes) were the main suppliers of sewing thread imports to the Czech Republic, together comprising X% of total imports. Hungary, China and Italy lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Hungary (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and Spain ($X) were the largest sewing thread suppliers to the Czech Republic, with a combined X% share of total imports. These countries were followed by China, Italy and Hungary, which together accounted for a further X recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average sewing thread import price amounted to $X per tonne, going up by X% against the previous year. Overall, the import price indicated a modest increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sewing thread import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per tonne), while the price for Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform