Asia: Staple Fibres Sewing Thread Market 2020

Staple Fibres Sewing Thread Market Size in Asia

The revenue of the staple fibres sewing thread market in Asia amounted to $X in 2017, increasing by X% against the previous year. The staple fibres sewing thread consumption continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. The level of staple fibres sewing thread consumption peaked in 2017, and is expected to retain its growth in the near future.

Staple Fibres Sewing Thread Production in Asia

In 2017, production of sewing thread of man-made staple fibres in Asia amounted to X tons, remaining constant against the previous year. The staple fibres sewing thread production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, with an increase of X% against the previous year. The volume of staple fibres sewing thread production peaked in 2017, and is expected to retain its growth in the near future.

Staple Fibres Sewing Thread Exports in Asia

The exports amounted to X tons in 2017, going down by -X% against the previous year. The staple fibres sewing thread exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. In that year, the staple fibres sewing thread exports attained their peak volume of X tons. From 2012 to 2017, growth of the staple fibres sewing thread exports stood at a somewhat lower level.

In value terms, staple fibres sewing thread exports totaled $X in 2017. The staple fibres sewing thread exports continue to indicate a moderate slump. In that year, the staple fibres sewing thread exports reached their peak level of $X. From 2012 to 2017, growth of the staple fibres sewing thread exports failed to regain its momentum.

Staple Fibres Sewing Thread Exports by Country in Asia

China dominates staple fibres sewing thread exports structure, accounting for X tons, which was approx. X% of total exports in 2017. It was distantly followed by China, Hong Kong SAR (X tons), committing X% share of total exports. South Korea (X tons) and Indonesia (X tons) held the slight share of total exports.

China was also the fastest growing in terms of the sewing thread of man-made staple fibres exports, with a CAGR of -X% from 2007 to 2017. Indonesia (-X%), South Korea (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (X%), China, Hong Kong SAR (X%) and South Korea (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest staple fibres sewing thread supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: China, Hong Kong SAR (-X% per year) and South Korea (-X% per year).

Staple Fibres Sewing Thread Export Prices by Country in Asia

In 2017, the staple fibres sewing thread export price in Asia amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Staple Fibres Sewing Thread Imports in Asia

In 2017, the amount of sewing thread of man-made staple fibres imported in Asia totaled X tons, declining by -X% against the previous year. The staple fibres sewing thread imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, staple fibres sewing thread imports stood at $X in 2017. The staple fibres sewing thread imports continue to indicate a relatively flat trend pattern. Over the period under review, the staple fibres sewing thread imports reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Staple Fibres Sewing Thread Imports by Country in Asia

Vietnam represented the major importing country with an import of around X tons, which reached X% of total imports. Turkey (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by China, Hong Kong SAR (X%) and South Korea (X%). Cambodia (X tons), Iran (X tons), Bangladesh (X tons), China (X tons), Indonesia (X tons), Pakistan (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

Vietnam was also the fastest growing in terms of the sewing thread of man-made staple fibres imports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%), Turkey (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Iran and Indonesia experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%), Pakistan (-X%), Cambodia (-X%), Bangladesh (-X%), China, Hong Kong SAR (-X%) and China (-X%) illustrated a downward trend over the same period. China (X%), China, Hong Kong SAR (X%) and Bangladesh (X%) significantly strengthened its position in terms of the global imports, while South Korea, Turkey and Vietnam saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), Turkey ($X) and China, Hong Kong SAR ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Among the main importing countries , Vietnam (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Staple Fibres Sewing Thread Import Prices by Country in Asia

The staple fibres sewing thread import price in Asia stood at $X per ton in 2017, approximately mirroring the previous year. The staple fibres sewing thread import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China, Hong Kong SAR ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform