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Vietnam - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights
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Vietnam: Cotton Sewing Thread Market Overview 2021

Cotton Sewing Thread Market Size in Vietnam

The Vietnamese cotton sewing thread market was estimated at $X in 2019, leveling off at 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). Overall, consumption saw a relatively flat trend pattern.

Cotton Sewing Thread Exports

Exports from Vietnam

For the third year in a row, Viet Nam recorded decline in overseas shipments of cotton sewing thread, which decreased by -X% to X tonnes in 2020. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. from 2018 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, cotton sewing thread exports fell significantly to $X in 2020. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Cambodia (X tonnes) was the main destination for cotton sewing thread exports from Viet Nam, accounting for a X% share of total exports. Moreover, cotton sewing thread exports to Cambodia exceeded the volume sent to the second major destination, Pakistan (X tonnes), fourfold. The third position in this ranking was occupied by the Philippines (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Cambodia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+X% per year) and the Philippines (+X% per year).

In value terms, Cambodia ($X) remains the key foreign market for cotton sewing thread exports from Viet Nam, comprising X% of total exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Cambodia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+X% per year) and the Philippines (+X% per year).

Export Prices by Country

In 2020, the average cotton sewing thread export price amounted to $X per tonne, jumping by X% against the previous year. In general, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2017 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the Philippines ($X per tonne), while the average price for exports to Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines, while the prices for the other major destinations experienced more modest paces of growth.

Cotton Sewing Thread Imports

Imports into Vietnam

In 2020, supplies from abroad of cotton sewing thread increased by X% to X tonnes for the first time since 2016, thus ending a three-year declining trend. Over the period under review, imports recorded a moderate increase. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. from 2012 to 2020, the growth imports remained at a lower figure.

In value terms, cotton sewing thread imports surged to $X in 2020. Overall, imports continue to indicate a tangible expansion. Over the period under review, imports attained the maximum at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest cotton sewing thread supplier to Viet Nam, with a X% share of total imports. Moreover, cotton sewing thread imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tonnes), threefold. Hong Kong SAR (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Hong Kong SAR (-X% per year).

In value terms, China ($X) constituted the largest supplier of cotton sewing thread to Viet Nam, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Hong Kong SAR (+X% per year).

Import Prices by Country

In 2020, the average cotton sewing thread import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of cotton sewing thread to Vietnam?
+
In value terms, China ($2.6M) constituted the largest supplier of cotton sewing thread to Viet Nam, comprising 52% of total imports. The second position in the ranking was occupied by South Korea ($1M), with a 21% share of total imports. It was followed by Hong Kong SAR, with a 11% share.
What are the leading importers of cotton sewing thread from Vietnam?
+
In value terms, Cambodia ($160K) remains the key foreign market for cotton sewing thread exports from Viet Nam, comprising 59% of total exports. The second position in the ranking was occupied by Pakistan ($52K), with a 19% share of total exports. It was followed by the Philippines, with a 14% share.
What is the average export price for cotton sewing thread in Vietnam?
+
In 2020, the average cotton sewing thread export price amounted to $11,492 per tonne, rising by 90% against the previous year.
What is the average import price for cotton sewing thread in Vietnam?
+
The average cotton sewing thread import price stood at $9,370 per tonne in 2020, increasing by 2.2% against the previous year.

Product coverage:
• Prodcom 13106200 - Cotton sewing thread

This report provides an in-depth analysis of the cotton 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 2025.


Country coverage:
• Viet Nam

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:
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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