Global Cotton Sewing Thread Market Overview 2021

Cotton Sewing Thread Exports

Exports

In 2020, overseas shipments of cotton sewing thread decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, exports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Global exports peaked at X tonnes in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, cotton sewing thread exports dropped sharply to $X in 2020. Over the period under review, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Global exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, China (X tonnes), distantly followed by Turkey (X tonnes), India (X tonnes) and Pakistan (X tonnes) were the largest exporters of cotton sewing thread, together generating X% of total exports. The following exporters - Italy (X tonnes), the Czech Republic (X tonnes), South Africa (X tonnes), the United Arab Emirates (X tonnes), Hong Kong SAR (X tonnes), the U.S. (X tonnes), Thailand (X tonnes), Guatemala (X tonnes) and France (X tonnes) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to cotton sewing thread exports from China stood at -X%. At the same time, the Czech Republic (+X%), Turkey (+X%), the United Arab Emirates (+X%), Guatemala (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. By contrast, India (-X%), Pakistan (-X%), Italy (-X%), France (-X%), Thailand (-X%), Hong Kong SAR (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. Turkey (+X p.p.), China (+X p.p.), India (+X p.p.), the Czech Republic (+X p.p.), the United Arab Emirates (+X p.p.) and South Africa (+X p.p.) significantly strengthened its position in terms of the global exports, while France, Thailand, Hong Kong SAR and the U.S. saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cotton sewing thread supplying countries worldwide were China ($X), Turkey ($X) and India ($X), together accounting for X% of global exports.

Turkey saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average cotton sewing thread export price stood at $X per tonne in 2020, falling by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

Cotton Sewing Thread Imports

Imports

In 2020, approx. X tonnes of cotton sewing thread were imported worldwide; with an increase of X% compared with the previous year's figure. Over the period under review, imports, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Global imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, cotton sewing thread imports rose notably to $X in 2020. In general, imports, however, recorded a perceptible setback. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Global imports peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Guatemala (X tonnes), distantly followed by Myanmar (X tonnes) and Cambodia (X tonnes) were the key importers of cotton sewing thread, together creating X% of total imports. The following importers - the U.S. (X tonnes), Senegal (X tonnes), Viet Nam (X tonnes), Nigeria (X tonnes), Kazakhstan (X tonnes), Italy (X tonnes) and South Africa (X tonnes) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to cotton sewing thread imports into Guatemala stood at +X%. At the same time, Kazakhstan (+X%), Myanmar (+X%), Senegal (+X%), South Africa (+X%), Viet Nam (+X%) and Cambodia (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. Nigeria experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) and Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Guatemala, Myanmar, Cambodia, Senegal, Kazakhstan and Viet Nam increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the U.S. (-X p.p.) and Italy (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cotton sewing thread importing markets worldwide were the U.S. ($X), Cambodia ($X) and Myanmar ($X), with a combined X% share of global imports.

Among the main importing countries, Myanmar 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

The average cotton sewing thread import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2018 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while Senegal ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nigeria, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of cotton sewing thread in the world?

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In value terms, the largest cotton sewing thread supplying countries worldwide were China ($25M), Turkey ($16M) and India ($15M), with a combined 49% share of global exports.

What are the leading importers of cotton sewing thread in the world?

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In value terms, the U.S. ($13M), Cambodia ($8.9M) and Myanmar ($5.8M) appeared to be the countries with the highest levels of imports in 2020, with a combined 23% share of global imports.

What is the average export price for cotton sewing thread in the world?

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The average cotton sewing thread export price stood at $8,037 per tonne in 2020, dropping by -3.5% against the previous year.

What is the average import price for cotton sewing thread in the world?

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The average cotton sewing thread import price stood at $5,971 per tonne in 2020, falling by -1.8% against the previous year.