We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Canada - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Canada - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Jan 14, 2024

Decline in Canada's Sewing Thread Imports to $1.1M in September 2023

Canada Sewing Thread Imports

In September 2023, the amount of sewing thread of man-made filaments or staple fibers imported into Canada fell remarkably to 111 tons, which is down by -18.7% compared with August 2023. In general, imports showed a noticeable reduction. The growth pace was the most rapid in May 2023 with an increase of 113% against the previous month. As a result, imports attained the peak of 148 tons; afterwards, it flattened through to September 2023.

In value terms, sewing thread imports shrank to $1.1M (IndexBox estimates) in September 2023. Over the period under review, imports saw a noticeable slump. The growth pace was the most rapid in May 2023 when imports increased by 41% month-to-month.Canada Sewing Thread Imports By Country (Thousand USD)

COUNTRYImport Value of Sewing Thread in Canada (thousand USD)
Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023
United States703485358469365464559336574474471448364
China455183266261365187297138315257205334235
Germany79.332966.431877.628717514515096.1145137152
Mexico12993.286.510153.410397.649.511578.612679.078.4
Others211246371270236266276310227269216226255
Total1,5781,3361,1481,4191,0961,3061,4069781,3821,1741,1631,2241,084

Imports by Country

In September 2023, China (48 tons) constituted the largest supplier of sewing thread to Canada, accounting for a 43% share of total imports. Moreover, sewing thread imports from China exceeded the figures recorded by the second-largest supplier, the United States (21 tons), twofold. Germany (6.5 tons) ranked third in terms of total imports with a 5.8% share.

From September 2022 to September 2023, the average monthly rate of growth in terms of volume from China amounted to -3.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (-4.5% per month) and Germany (+4.8% per month).

In value terms, the largest sewing thread suppliers to Canada were the United States ($364K), China ($235K) and Germany ($152K), with a combined 69% share of total imports.

Among the main suppliers, Germany, with a CAGR of +5.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Imports by Type

Sewing thread of man-made filaments, whether or not put up for retail sale (70 tons) and sewing thread of man-made staple fibres, whether or not put up for retail sale (41 tons) were the main products of sewing thread imports to Canada.

From September 2022 to September 2023, the biggest increases were in sewing thread of man-made filaments, whether or not put up for retail sale (with a CAGR of -1.8%).

In value terms, sewing thread of man-made filaments, whether or not put up for retail sale ($935K) constituted the largest type of sewing thread supplied to Canada, comprising 86% of total imports. The second position in the ranking was taken by sewing thread of man-made staple fibres, whether or not put up for retail sale ($149K), with a 14% share of total imports.

Import Prices by Country

In September 2023, the sewing thread price stood at $9,744 per ton (CIF, Canada), growing by 9% against the previous month. Overall, the import price, however, saw a slight setback. The pace of growth appeared the most rapid in October 2022 an increase of 30% m-o-m. As a result, import price reached the peak level of $14,336 per ton. From November 2022 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($23,496 per ton), while the price for Indonesia ($4,275 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sewing thread market in Canada. 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 13108510 - Sewing thread of man-made filaments
  • Prodcom 13108550 - Sewing thread of man-made staple fibres

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended posts

Free Data: Sewing Thread Of Man-Made Filaments Or Staple Fibers - Canada
Table
Sewing Thread Of Man-Made Filaments Or Staple Fibers - Canada - Table
Dashboard
Sewing Thread Of Man-Made Filaments Or Staple Fibers - Canada - Dashboard
Report
Sewing Thread Of Man-Made Filaments Or Staple Fibers - Canada - Report