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Spain - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

Spain - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights

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Dec 7, 2024

Spain Sees a Surge in Cotton Sewing Thread Imports, Reaching $3.6 Million in 2023

Spain Cotton Sewing Thread Imports

In 2023, purchases abroad of cotton sewing thread increased by 63% to 1.1K tons, rising for the fourth consecutive year after three years of decline. In general, imports showed a perceptible increase. The growth pace was the most rapid in 2021 when imports increased by 70%. Imports peaked in 2023 and are likely to see steady growth in the immediate term.

In value terms, cotton sewing thread imports soared to $3.6M (IndexBox estimates) in 2023. Over the period under review, imports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 59%. Imports peaked at $7.7M in 2013; however, from 2014 to 2023, imports failed to regain momentum.Spain Cotton Sewing Thread Imports By Country (Thousand USD)

COUNTRYImport Value of Cotton Sewing Thread in Spain (thousand USD)
20132014201520162017201820192020202120222023
Italy87.018211510728.032.819.558.8142704697
Pakistan3313420.638.461.20.341.810615.5153526
Germany769699663285220187248272316134476
Egypt794661318462279222230260352267361
India600631295567512439539387916494315
Greece781552N/A81.7289327304584428N/A309
China1,175975778569580498308417544422302
Portugal4161,217252321259423218262329266225
France96990534030368622638.078.598.882.4183
Belgium1,6489296062,400773N/AN/AN/AN/A72.40.8
Others125169177489173181197257320134251
Total7,6967,2643,5445,6233,8592,5352,1442,6823,4612,7293,645

Imports by Country

In 2023, Pakistan (529 tons) constituted the largest cotton sewing thread supplier to Spain, accounting for a 47% share of total imports. Moreover, cotton sewing thread imports from Pakistan exceeded the figures recorded by the second-largest supplier, Italy (231 tons), twofold. The third position in this ranking was taken by Egypt (76 tons), with a 6.8% share.

From 2013 to 2023, the average annual rate of growth in terms of volume from Pakistan totaled +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+56.4% per year) and Egypt (-4.3% per year).

In value terms, the largest cotton sewing thread suppliers to Spain were Italy ($697K), Pakistan ($526K) and Germany ($476K), together comprising 47% of total imports.

Among the main suppliers, Italy, with a CAGR of +23.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Imports by Type

In 2023, cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale (859 tons) constituted the largest type of cotton sewing thread supplied to Spain, accounting for a 77% share of total imports. Moreover, cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale exceeded the figures recorded for the second-largest type, cotton; sewing thread, put up for retail sale (144 tons), sixfold.

From 2013 to 2023, the average annual rate of growth in terms of the volume of cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale imports stood at +30.2%. With regard to the other supplied products, the following average annual rates of growth were recorded: cotton; sewing thread, put up for retail sale (-8.5% per year) and cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale (-11.0% per year).

In value terms, cotton sewing thread with the largest imports in Spain were cotton; sewing thread, put up for retail sale ($1.6M), cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale ($1.1M) and cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale ($991K), together comprising 99.9% of total imports.

Import Prices by Country

In 2023, the cotton sewing thread price stood at $3,254 per ton (CIF, Spain), shrinking by -17.8% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 36% against the previous year. As a result, import price reached the peak level of $13,945 per ton. From 2017 to 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($20,564 per ton), while the price for Pakistan ($994 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by India (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton sewing thread market in Spain. 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:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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