Global Cotton Embroidery Market 2024

Cotton Embroidery Market Size

The global cotton embroidery market dropped remarkably to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, saw a prominent increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the global market failed to regain momentum.

Cotton Embroidery Production

In value terms, cotton embroidery production expanded to $X in 2022 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, global production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Cotton Embroidery Exports

Exports

After six years of growth, shipments abroad of cotton embroidery in the piece decreased by X% to X tons in 2022. Overall, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, cotton embroidery exports stood at $X in 2022. Over the period under review, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

China dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. India (X tons) ranks second in terms of the total exports with a X% share, followed by Thailand (X%). Spain (X tons) and the United Arab Emirates (X tons) took a minor share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) and Spain (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Thailand and India experienced a relatively flat trend pattern. China (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the global exports, while Thailand and India saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest cotton embroidery supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Thailand ($X), with a X% share of global exports. It was followed by India, with a X% share.

In China, cotton embroidery exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the average cotton embroidery export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other global leaders experienced a decline in the export price figures.

Cotton Embroidery Imports

Imports

Global cotton embroidery imports soared to X tons in 2022, increasing by X% compared with the previous year. In general, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, cotton embroidery imports expanded sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a slight decrease. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Senegal was the largest importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Spain (X tons), Gambia (X tons) and Brazil (X tons), together creating a X% share of total imports. The following importers - the United Arab Emirates (X tons), Bangladesh (X tons), Morocco (X tons), Italy (X tons), the United States (X tons), Turkey (X tons) and Ghana (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ghana (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Spain ($X), Gambia ($X) and Italy ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of global imports. The United Arab Emirates, Brazil, the United States, Morocco, Bangladesh, Ghana, Turkey and Senegal lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Ghana, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cotton embroidery import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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