Italy - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights
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View PricingItaly's Cotton Sewing Thread Exports Surge to $683K in June 2023
Italy Cotton Sewing Thread Exports
In June 2023, the amount of cotton sewing thread exported from Italy dropped to 25 tons, with a decrease of -7.7% against May 2023 figures. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when exports increased by 83% against the previous month.
In value terms, cotton sewing thread exports stood at $683K (IndexBox estimates) in June 2023. Over the period under review, exports, however, saw a slight increase. The pace of growth appeared the most rapid in January 2023 with an increase of 100% m-o-m.
COUNTRY | Export Value of Cotton Sewing Thread in Italy (thousand USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
United States | 224 | 86.4 | 87.1 | 172 | 115 | 300 | 20.9 | 283 | 178 | 372 | 338 | 226 | 308 |
Romania | 111 | 155 | 151 | 297 | 179 | 156 | 108 | 600 | 350 | 522 | 94.7 | 82.2 | 66.4 |
Albania | 34.7 | 59.4 | 29.4 | 88.8 | 104 | 101 | 70.5 | 46.6 | 42.9 | 111 | 66.3 | 58.4 | 60.5 |
Tunisia | 89.0 | 58.8 | 51.0 | 76.6 | 92.3 | 84.9 | 199 | 112 | 121 | 97.7 | 58.3 | 69.3 | 59.0 |
Others | 108 | 228 | 71.8 | 140 | 174 | 200 | 172 | 100 | 98.2 | 290 | 215 | 238 | 188 |
Total | 566 | 587 | 390 | 775 | 663 | 841 | 570 | 1,142 | 790 | 1,393 | 772 | 674 | 683 |
Exports by Country
Albania (7.1 tons), Romania (4.2 tons) and the United States (4.2 tons) were the main destinations of cotton sewing thread exports from Italy, together accounting for 62% of total exports.
From June 2022 to June 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +2.9%), while the other leaders experienced mixed trend patterns.
In value terms, the United States ($308K) remains the key foreign market for cotton sewing thread exports from Italy, comprising 45% of total exports. The second position in the ranking was taken by Romania ($66K), with a 9.7% share of total exports. It was followed by Albania, with an 8.9% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of value to the United States stood at +2.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Romania (-4.2% per month) and Albania (+4.7% per month).
Exports by Type
Cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale (21 tons) was the largest type of cotton sewing thread exported from Italy, with a 85% share of total exports. Moreover, cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale exceeded the volume of the second product type, cotton; sewing thread, put up for retail sale (2.1 tons), tenfold.
From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of export of cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: cotton; sewing thread, put up for retail sale (+8.2% per month) and cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale (+4.8% per month).
In value terms, cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale ($609K) remains the largest type of cotton sewing thread exported from Italy, comprising 89% of total exports. The second position in the ranking was held by cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale ($38K), with a 5.5% share of total exports.
From June 2022 to June 2023, the average monthly rate of growth in terms of the export volume of cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale stood at +1.2%. With regard to the other exported products, the following average monthly rates of growth were recorded: cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale (+3.7% per month) and cotton; sewing thread, put up for retail sale (+7.3% per month).
Export Prices by Country
In June 2023, the cotton sewing thread price amounted to $27,288 per ton (FOB, Italy), picking up by 9.7% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 101% month-to-month. As a result, the export price reached the peak level of $40,278 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the United States ($73,131 per ton), while the average price for exports to Albania ($8,565 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+4.3%), 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 Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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