Italy - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingItaly's Sewing Thread Price Plummets by 46% to $8,507 per Ton
Italy Sewing Thread Import Price in April 2023
In April 2023, the sewing thread price stood at $8,507 per ton (CIF, Italy), declining by -45.8% against the previous month. Over the period under review, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 65% month-to-month. As a result, import price reached the peak level of $16,222 per ton. From February 2023 to April 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($16,844 per ton), while the price for Hungary ($1,700 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by India (+2.2%), while the prices for the other major suppliers experienced a decline.
| COUNTRY | Import Price of Sewing Thread in Italy (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| Germany | 25,782 | 15,940 | 21,186 | 24,570 | 11,986 | 22,681 | 16,328 | 22,869 | 21,099 | 28,481 | 27,110 | 31,473 | 16,844 |
| Turkey | 11,261 | 9,338 | 9,883 | 9,333 | 8,248 | 10,791 | 8,046 | 8,981 | 10,206 | 9,782 | 13,266 | 11,032 | 10,074 |
| India | 4,757 | 5,090 | 5,099 | 6,142 | 8,545 | 10,955 | N/A | 10,199 | 5,205 | N/A | 3,802 | 5,472 | 6,165 |
| China | 4,431 | 4,335 | 4,323 | 5,294 | 4,985 | 5,476 | 5,666 | 4,319 | 4,303 | 3,635 | 3,332 | 3,876 | 3,753 |
| Hungary | 17,187 | 3,105 | 3,610 | 10,373 | 3,886 | 4,018 | 5,702 | 5,837 | 5,011 | 21,078 | 5,258 | 13,384 | 1,700 |
| Average | 11,793 | 8,040 | 8,886 | 13,376 | 6,575 | 10,142 | 10,667 | 12,316 | 9,841 | 16,222 | 11,337 | 15,708 | 8,507 |
Italy Sewing Thread Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In April 2023, the product with the highest price was sewing thread of man-made filaments, whether or not put up for retail sale ($8,894 per ton), while the price for sewing thread of man-made staple fibres, whether or not put up for retail sale amounted to $6,341 per ton.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by sewing thread of man-made staple fibres, whether or not put up for retail sale (+0.9%).
Italy Sewing Thread Imports
In April 2023, approximately 420 tons of sewing thread of man-made filaments or staple fibers were imported into Italy; growing by 45% compared with the previous month. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 with an increase of 80% m-o-m. As a result, imports reached the peak of 678 tons. From September 2022 to April 2023, the growth of imports remained at a lower figure.
In value terms, sewing thread imports shrank markedly to $3.6M (IndexBox estimates) in April 2023. Over the period under review, imports, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in December 2022 when imports increased by 22% month-to-month.
Italy Sewing Thread Imports by Type
In April 2023, sewing thread of man-made filaments, whether or not put up for retail sale (356 tons) constituted the largest type of sewing thread supplied to Italy, with a 85% share of total imports. Moreover, sewing thread of man-made filaments, whether or not put up for retail sale exceeded the figures recorded for the second-largest type, sewing thread of man-made staple fibres, whether or not put up for retail sale (64 tons), sixfold.
From April 2022 to April 2023, the average monthly growth rate of the volume of import of sewing thread of man-made filaments, whether or not put up for retail sale stood at +2.9%.
In value terms, sewing thread of man-made filaments, whether or not put up for retail sale ($3.2M) constituted the largest type of sewing thread supplied to Italy, comprising 89% 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 ($404K), with an 11% share of total imports.
Italy Sewing Thread Imports by Country
Germany (154 tons), Hungary (125 tons) and China (106 tons) were the main suppliers of sewing thread imports to Italy, together accounting for 92% of total imports.
From April 2022 to April 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +19.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($2.6M) constituted the largest supplier of sewing thread to Italy, comprising 73% of total imports. The second position in the ranking was taken by China ($400K), with an 11% share of total imports. It was followed by Hungary, with a 6% share.
From April 2022 to April 2023, the average monthly rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-6.1% per month) and Hungary (-1.7% per month).
This report provides an in-depth analysis of the 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 13108510 - Sewing thread of man-made filaments
- Prodcom 13108550 - Sewing thread of man-made staple fibres
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
