Australia: Cotton Sewing Thread Market 2025

Cotton Sewing Thread Market Size in Australia

The Australian cotton sewing thread market expanded markedly to $X in 2021, growing by 12% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded mild growth. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Cotton Sewing Thread Exports

Exports from Australia

In 2021, overseas shipments of cotton sewing thread increased by 33% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of 338%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, cotton sewing thread exports soared to $X in 2021. Overall, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2015 when exports increased by 132% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons), Malaysia (X tons) and Vietnam (X kg) were the main destinations of cotton sewing thread exports from Australia, together accounting for 47% of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +57.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cotton sewing thread exported from Australia were Lao People's Democratic Republic ($X), Germany ($X) and New Zealand ($X), together comprising 67% of total exports.

Germany, with a CAGR of +45.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cotton sewing thread export price amounted to $X per ton, with an increase of 50% against the previous year. Overall, the export price recorded a noticeable increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 159%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Kiribati ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Sewing Thread Imports

Imports into Australia

In 2021, approx. X tons of cotton sewing thread were imported into Australia; with a decrease of -9.7% against the previous year. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 49% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, cotton sewing thread imports surged to $X in 2021. In general, total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +93.8% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of 44%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

China (X tons), India (X tons) and Greece (X tons) were the main suppliers of cotton sewing thread imports to Australia, together accounting for 74% of total imports. Romania, Vietnam, Taiwan (Chinese), the Netherlands, Italy, South Korea, Spain and Germany lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +57.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X) constituted the largest supplier of cotton sewing thread to Australia, comprising 47% of total imports. The second position in the ranking was taken by Romania ($X), with an 11% share of total imports. It was followed by the Netherlands, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Greece amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+43.1% per year) and the Netherlands (+38.3% per year).

Import Prices by Country

The average cotton sewing thread import price stood at $X per ton in 2021, jumping by 47% against the previous year. Over the period under review, the import price saw a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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