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 consecutive year after two years of growth. In general, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

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. Overall, total exports indicated notable growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. 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 most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, sewing thread exports fell dramatically to $X in 2019. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

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 comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (+X% per year), while exports 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 growth rate of value to Germany stood at +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

In 2019, the average sewing thread export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2019, export prices remained at a 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, supplies from abroad 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 two years of growth. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, sewing thread imports plummeted to $X in 2019. Over the period under review, imports posted mild growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

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, together accounting for X% of total imports. These countries were followed by Spain, Hungary, Italy and China, which together accounted for a further X 2007 to 2019, the biggest increases were in Spain, while purchases 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.

Spain saw the highest growth rate of the value of imports, in terms of the main suppliers 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, reducing by -X% against the previous year. In general, import price indicated a moderate expansion from 2007 to 2019: its price 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, sewing thread import price decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; 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 more modest paces of growth.

Source: IndexBox 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 (108K tonnes), Turkey (77K tonnes) and the U.S. (55K tonnes), together accounting for 37% of global consumption. These countries were followed by Germany, India, Indonesia, Mexico, Bangladesh, France, Viet Nam and Japan, which together accounted for a further 28%.

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

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The country with the largest volume of sewing thread production was China (259K tonnes), comprising approx. 42% of total volume. Moreover, sewing thread production in China exceeded the figures recorded by the second-largest producer, Turkey (66K tonnes), fourfold. The third position in this ranking was occupied by the U.S. (59K tonnes), with a 9.6% 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 ($6.5M) 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 ($287K), 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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The average sewing thread export price stood at $6,891 per tonne in 2019, declining by -36.5% 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 $3,886 per tonne, shrinking by -6.4% against the previous year.