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U.S. - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

U.S. - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights

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Jun 19, 2023

U.S. Cotton Sewing Thread Import Skyrocket 70% to $1.1M in April 2023

U.S. Cotton Sewing Thread Imports

In April 2023, after two months of decline, there was significant growth in overseas purchases of cotton sewing thread, when their volume increased by 238% to 70 tons. In general, imports continue to indicate a pronounced expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cotton sewing thread imports soared to $1.1M (IndexBox estimates) in April 2023. Over the period under review, imports saw a relatively flat trend pattern.

COUNTRYImport Value of Cotton Sewing Thread in U.S. (USD)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Italy476,521113,424223,951141,49681,049128,220133,841125,516239,340429,234137,355407,997348,195
Greece13,29257,93329,49797,95326,56357,44027,19433,908113,81789,96975,53891,560200,186
China21,135116,94043,98348,92564,37866,28378,7748,30511,100145,31426,52130,795150,896
India171,424195,548196,742263,88816,67251,02123,466139,85146,435226,89196,12241,990135,355
Japan103,44787,34291,74816,95984,95567,17973,23948,20571,32948,88562,16910,067131,840
Romania37,863N/A88,314N/A94,801N/A70,323N/A46245,588N/A73561,092
Pakistan38,027N/AN/AN/A387N/AN/AN/A2,020N/AN/AN/A5,291
Mexico40,05227,82556,95154,95734,8517,3389,69856,68670,20234,41719,66028,2972,373
Canada56,62016,49118,61710,703N/A321N/A9,3096,651N/AN/AN/A772
Others57,04364,272104,88028,960127,14155,054187,40798,308141,60795,64361,19438,22269,013
Total1,015,424679,775854,683663,841530,797432,856603,942520,088702,9631,115,941478,559649,6631,105,013

Imports by Country

Greece (22 tons), China (22 tons) and India (9.4 tons) were the main suppliers of cotton sewing thread imports to the United States, together accounting for 75% of total imports.

From April 2022 to April 2023, the biggest increases were in Greece (with a CAGR of +41.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton sewing thread suppliers to the United States were Italy ($348K), Greece ($200K) and China ($151K), with a combined 63% share of total imports.

Greece, with a CAGR of +25.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Imports by Type

Cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale (36 tons), cotton; sewing thread, put up for retail sale (34 tons) and cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale (427 kg) were the main products of cotton sewing thread imports to the United States.

From April 2022 to April 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale (with a CAGR of +9.1%), while imports for the other products experienced mixed trend patterns.

In value terms, cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale ($742K) constituted the largest type of cotton sewing thread supplied to the United States, comprising 67% of total imports. The second position in the ranking was held by cotton; sewing thread, put up for retail sale ($351K), with a 32% share of total imports.

Import Prices by Country

In April 2023, the cotton sewing thread price stood at $15,724 per ton (CIF, US), shrinking by -49.6% against the previous month. Overall, the import price showed a noticeable curtailment. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 90% month-to-month. As a result, import price attained the peak level of $31,223 per ton, and then declined significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($92,286 per ton), while the price for Pakistan ($3,999 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 Japan (+9.5%), 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 the U.S.. 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:

  • United States

Data coverage:

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

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