Latest Report Update: Mar 24, 2021

U.S. - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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U.S.: Sewing Thread Market Overview 2021

Sewing Thread Market Size in the U.S.

After three years of growth, the U.S. sewing thread market decreased by -X% to $X in 2019. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2018, and then fell in the following year.

Sewing Thread Production in the U.S.

In value terms, sewing thread production declined to $X in 2019. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2018, and then dropped in the following year.

Sewing Thread Exports

Exports from the U.S.

In 2019, shipments abroad of sewing thread of man-made filaments or staple fibers was finally on the rise to reach X tonnes for the first time since 2015, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, sewing thread exports declined to $X in 2019. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

Exports by Country

Mexico (X tonnes) was the main destination for sewing thread exports from the U.S., with a X% share of total exports. Moreover, sewing thread exports to Mexico exceeded the volume sent to the second major destination, Canada (X tonnes), eightfold. The third position in this ranking was occupied by Honduras (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Mexico was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Honduras (-X% per year).

In value terms, Mexico ($X) remains the key foreign market for sewing thread exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Mexico stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Honduras (-X% per year).

Export Prices by Country

In 2019, the average sewing thread export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per tonne in 2018, and then contracted in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($X per tonne), while the average price for exports to the Philippines ($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 El Salvador, while the prices for the other major destinations experienced more modest paces of growth.

Sewing Thread Imports

Imports into the U.S.

In 2019, imports of sewing thread of man-made filaments or staple fibers into the U.S. fell remarkably to X tonnes, with a decrease of -X% against the previous year's figure. Overall, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, sewing thread imports shrank to $X in 2019. Over the period under review, imports showed a noticeable decline. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, China (X tonnes) constituted the largest supplier of sewing thread to the U.S., accounting for a X% share of total imports. Moreover, sewing thread imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), threefold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and Germany (+X% per year).

In value terms, the largest sewing thread suppliers to the U.S. were China ($X), Mexico ($X) and Germany ($X), together accounting for X% of total imports. Japan, India, the UK, Thailand, Turkey and Indonesia lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average sewing thread import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2019 and is expected to retain growth in the immediate term.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, 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?
+
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?
+
China (259K tonnes) constituted the country with the largest volume of sewing thread production, 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 U.S.?
+
In value terms, China ($11M), Mexico ($7.7M) and Germany ($7.5M) were the largest sewing thread suppliers to the U.S., with a combined 62% share of total imports. These countries were followed by Japan, India, the UK, Thailand, Turkey and Indonesia, which together accounted for a further 23%.
What are the leading importers of sewing thread of man-made filaments or staple fibers from the U.S.?
+
In value terms, Mexico ($104M) remains the key foreign market for sewing thread exports from the U.S., comprising 77% of total exports. The second position in the ranking was occupied by Canada ($9.1M), with a 6.7% share of total exports. It was followed by Honduras, with a 3.3% share.
What is the average export price for sewing thread of man-made filaments or staple fibers in the U.S.?
+
The average sewing thread export price stood at $15,318 per tonne in 2019, which is down by -7.4% against the previous year.
What is the average import price for sewing thread of man-made filaments or staple fibers in the U.S.?
+
The average sewing thread import price stood at $9,760 per tonne in 2019, rising by 7.6% against the previous year.

Product coverage:
• Prodcom 13108510 - Sewing thread of man-made filaments
• Prodcom 13108550 - Sewing thread of man-made staple fibres

This report provides an in-depth analysis of the sewing thread market in the U.S.. 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 2025.


Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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