Global Staple Fibres Sewing Thread Market 2020

Staple Fibres Sewing Thread Market Size

The global staple fibres sewing thread market revenue amounted to $X in 2017, increasing by X% against the previous year. In general, the total market indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the staple fibres sewing thread consumption increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2012, when market value increased by X% y-o-y. Global staple fibres sewing thread consumption peaked in 2017, and is likely to continue its growth in the near future.

Staple Fibres Sewing Thread Production

In 2017, approx. X tons of sewing thread of man-made staple fibres were produced worldwide; going up by X% against the previous year. In general, staple fibres sewing thread production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when the output figure increased by X% year-to-year. Global staple fibres sewing thread production peaked in 2017, and is expected to retain its growth in the near future.

Staple Fibres Sewing Thread Exports

In 2017, approx. X tons of sewing thread of man-made staple fibres were exported worldwide; waning by -X% against the previous year. Overall, staple fibres sewing thread exports continue to indicate a drastic setback. The most prominent rate of growth was recorded in 2011, when exports increased by X% year-to-year. In that year, the global staple fibres sewing thread exports attained their peak volume of X tons. From 2012 to 2017, growth of the global staple fibres sewing thread exports stood at a somewhat lower level.

In value terms, staple fibres sewing thread exports totaled $X in 2017. Overall, staple fibres sewing thread exports continue to indicate a measured deduction. In that year, the global staple fibres sewing thread exports attained their peak level of $X. From 2012 to 2017, growth of the global staple fibres sewing thread exports failed to regain its momentum.

Staple Fibres Sewing Thread Exports by Country

China prevails in staple fibres sewing thread exports structure, amounting to X tons, which was near X% of total exports in 2017. It was distantly followed by China, Hong Kong SAR (X tons), committing X% share of total exports. South Korea (X tons) occupied the slight share of total exports.

China was also the fastest growing in terms of the sewing thread of man-made staple fibres exports, with a CAGR of -X% from 2007 to 2017. South Korea (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China (X%), China, Hong Kong SAR (X%) and South Korea (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest staple fibres sewing thread supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

In China, staple fibres sewing thread exports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (-X% per year) and South Korea (-X% per year).

Staple Fibres Sewing Thread Export Prices by Country

In 2017, the average staple fibres sewing thread export price amounted to $X per ton, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012, when the average export prices increased by X% year-to-year. Over the period under review, the average export prices for sewing thread of man-made staple fibres reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (+X% per year), while the other global leaders experienced more modest paces of growth.

Staple Fibres Sewing Thread Imports

In 2017, the global staple fibres sewing thread imports totaled X tons, falling by -X% against the previous year. In general, staple fibres sewing thread imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. Global imports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, staple fibres sewing thread imports amounted to $X in 2017. Overall, staple fibres sewing thread imports continue to indicate a relatively flat trend pattern. In that year, the global staple fibres sewing thread imports reached their peak level of $X. From 2012 to 2017, growth of the global staple fibres sewing thread imports failed to regain its momentum.

Staple Fibres Sewing Thread Imports by Country

In 2017, Vietnam (X tons), distantly followed by Egypt (X tons) and Turkey (X tons) represented the largest importers of sewing thread of man-made staple fibres, together mixed up X% of total imports. Mexico (X tons), China, Hong Kong SAR (X tons), South Korea (X tons), Brazil (X tons), Nigeria (X tons), Russia (X tons), Cambodia (X tons), Iran (X tons) and Bangladesh (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to staple fibres sewing thread imports into Vietnam stood at +X%. At the same time, Nigeria (+X%), South Korea (+X%), Turkey (+X%), Mexico (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Iran experienced a relatively flat trend pattern. By contrast, Russia (-X%), Cambodia (-X%), Bangladesh (-X%), Brazil (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) and Brazil (X%) increased significantly in terms of the global imports from 2007-2017, the share of Egypt (-X%), Turkey (-X%), Nigeria (-X%) and Vietnam (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), Turkey ($X) and China, Hong Kong SAR ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of global imports. These countries were followed by Mexico, Egypt, Cambodia, Nigeria, Brazil, Iran, Russia, Bangladesh and South Korea, which together accounted for a further X%.

Nigeria (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other global leaders experienced more modest paces of growth.

Staple Fibres Sewing Thread Import Prices by Country

The average staple fibres sewing thread import price stood at $X per ton in 2017, remaining relatively unchanged against the previous year. In general, staple fibres sewing thread import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when the average import prices increased by X% y-o-y. In that year, the average import prices for sewing thread of man-made staple fibres attained their peak level of $X per ton. From 2014 to 2017, growth of the average import prices for sewing thread of man-made staple fibres stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was China, Hong Kong SAR ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform