Asia: Cotton Sewing Thread Market 2025

Cotton Sewing Thread Market Size in Asia

In 2021, after two years of growth, there was decline in the Asian cotton sewing thread market, when its value decreased by -1.1% to $X. The market value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Cotton Sewing Thread Production in Asia

In value terms, cotton sewing thread production expanded slightly to $X in 2021 estimated in export price. The total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.6% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 35%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Cotton Sewing Thread Exports

Exports in Asia

In 2021, the amount of cotton sewing thread exported in Asia totaled X tons, stabilizing at the year before. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 45%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, cotton sewing thread exports soared to $X in 2021. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 28%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) and Turkey (X tons) represented roughly 55% of total exports in 2021. India (X tons) ranks next in terms of the total exports with a 14% share, followed by Pakistan (13%). Afghanistan (X tons), Oman (X tons) and Thailand (X tons) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of +17.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cotton sewing thread supplying countries in Asia were China ($X), Turkey ($X) and India ($X), together accounting for 76% of total exports.

Turkey, with a CAGR of +14.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, with an increase of 18% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 20%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+5.7%), while the other leaders experienced more modest paces of growth.

Cotton Sewing Thread Imports

Imports in Asia

In 2021, approx. X tons of cotton sewing thread were imported in Asia; with a decrease of -15.7% compared with the previous year's figure. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of 19%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, cotton sewing thread imports shrank to $X in 2021. In general, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2014 when imports increased by 26% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Lao People's Democratic Republic (X tons), Myanmar (X tons), the Philippines (X tons), Malaysia (X tons), Vietnam (X tons), Cambodia (X tons), Indonesia (X tons), Turkey (X tons), the United Arab Emirates (X tons), Kazakhstan (X tons), Bangladesh (X tons) and Hong Kong SAR (X tons) represented roughly 73% of total imports in 2021. Iraq (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +27.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Lao People's Democratic Republic ($X) constitutes the largest market for imported cotton sewing thread in Asia, comprising 20% of total imports. The second position in the ranking was taken by the Philippines ($X), with an 8.6% share of total imports. It was followed by Indonesia, with a 6.3% share.

In Lao People's Democratic Republic, cotton sewing thread imports increased at an average annual rate of +23.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Philippines (+21.3% per year) and Indonesia (-14.9% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, picking up by 8.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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