China - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton Sewing Thread Export in China Peaks at $3.6M in March 2023
China Cotton Sewing Thread Exports
In March 2023, approximately 481 tons of cotton sewing thread were exported from China; jumping by 46% compared with the month before. Overall, total exports indicated temperate growth from March 2022 to March 2023: its volume increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, exports increased by +46.5% against February 2023 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cotton sewing thread exports soared to $3.6M (IndexBox estimates) in March 2023. Over the period under review, total exports indicated a buoyant expansion from March 2022 to March 2023: its value increased at an average monthly rate of +5.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, exports increased by +56.5% against February 2023 indices. The pace of growth appeared the most rapid in November 2022 with an increase of 62% month-to-month. The exports peaked in March 2023.
| COUNTRY | Export Value of Cotton Sewing Thread in China (thousand USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| India | 3.6 | 1.7 | 99.1 | 449 | 0.5 | 32.7 | 480 | 6.7 | 0.3 | 54.0 | 0.3 | 0.3 | 405 |
| United States | 36.9 | 215 | 62.6 | 288 | 93.6 | 126 | 326 | 50.2 | 98.2 | 308 | 96.5 | 380 | 403 |
| Vietnam | 195 | 45.8 | 267 | 307 | 323 | 92.8 | 344 | 399 | 217 | 138 | 64.8 | 214 | 253 |
| Kenya | 14.8 | 107 | 38.5 | 88.9 | 76.1 | 121 | 110 | 13.9 | 155 | 23.5 | 9.9 | 15.0 | 201 |
| Myanmar | 118 | 101 | 21.4 | 43.9 | 341 | 125 | 78.4 | 118 | 148 | 44.3 | 59.1 | 16.5 | 142 |
| Tanzania | 29.9 | 95.1 | 92.6 | 13.4 | 35.6 | 104 | 409 | 8.5 | 87.1 | 16.4 | 161 | 1.7 | 140 |
| Cambodia | 89.7 | 178 | 289 | 149 | 69.7 | 65.6 | 60.7 | 132 | 84.1 | 89.6 | 80.8 | 50.2 | 119 |
| Malaysia | 50.2 | 67.5 | 90.2 | 18.8 | 15.6 | 89.8 | 31.3 | 74.0 | 43.0 | 33.5 | 14.2 | 17.0 | 111 |
| Kazakhstan | 125 | 75.5 | 120 | 29.3 | 76.3 | 166 | 62.9 | 14.8 | 32.7 | 68.6 | 54.0 | 182 | 88.7 |
| Ghana | 107 | 99.7 | 111 | 59.1 | 123 | 1.7 | 32.0 | 46.4 | 52.8 | 0.5 | 123 | 54.9 | 86.0 |
| Philippines | 46.2 | 47.1 | 34.6 | 57.2 | 204 | 103 | 98.3 | 156 | 243 | 159 | 86.2 | 165 | 74.2 |
| Mali | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 65.3 |
| Algeria | N/A | N/A | 39.1 | N/A | N/A | N/A | N/A | 1.8 | 196 | 28.2 | 198 | N/A | 19.2 |
| Others | 1,021 | 814 | 1,307 | 1,200 | 1,005 | 1,174 | 1,400 | 891 | 1,736 | 1,347 | 1,519 | 1,213 | 1,507 |
| Total | 1,837 | 1,847 | 2,572 | 2,704 | 2,364 | 2,203 | 3,433 | 1,913 | 3,093 | 2,311 | 2,466 | 2,309 | 3,614 |
Exports by Country
Ghana (46 tons), Vietnam (30 tons) and Mali (28 tons) were the main destinations of cotton sewing thread exports from China, together accounting for 22% of total exports. The United States, Myanmar, Malaysia, Tanzania, India, Kazakhstan, the Philippines, Cambodia, Kenya and Algeria lagged somewhat behind, together accounting for a further 39%.
From March 2022 to March 2023, the biggest increases were in India (with a CAGR of +27.7%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, India ($405K), the United States ($403K) and Vietnam ($253K) constituted the largest markets for cotton sewing thread exported from China worldwide, together comprising 29% of total exports.
Among the main countries of destination, India, with a CAGR of +48.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Exports by Type
Cotton; sewing thread, put up for retail sale (310 tons), cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale (159 tons) and cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale (12 tons) were the main products of cotton sewing thread exports from China.
From March 2022 to March 2023, the biggest increases were in cotton; sewing thread, put up for retail sale (with a CAGR of +7.7%), while shipments for the other products experienced more modest paces of growth.
In value terms, the most traded types of cotton sewing thread in China were cotton; sewing thread, put up for retail sale ($2.2M), cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale ($1.3M) and cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale ($60K).
Cotton; sewing thread, put up for retail sale, with a CAGR of +12.5%, saw the highest rates of growth with regard to the value of exports, among the main product categories over the period under review, while shipments for the other products experienced mixed trend patterns.
Export Prices by Country
In March 2023, the cotton sewing thread price stood at $7,517 per ton (FOB, China), surging by 6.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in November 2022 an increase of 33% against the previous month. The export price peaked at $8,375 per ton in September 2022; however, from October 2022 to March 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In March 2023, the country with the highest price was India ($23,150 per ton), while the average price for exports to Algeria ($1,412 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the cotton sewing thread market in China. 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 2030.
Product coverage:
- Prodcom 13106200 - Cotton sewing thread
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
