Belgium: Sewing Thread Market 2025

Sewing Thread Market Size in Belgium

In 2022, after two years of growth, there was significant decline in the Belgian sewing thread market, when its value decreased by -6.7% to $X. Overall, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +97.3% against 2015 indices. Sewing thread consumption peaked at $X in 2021, and then contracted in the following year.

Sewing Thread Exports

Exports from Belgium

After two years of growth, overseas shipments of sewing thread of man-made filaments or staple fibers decreased by -11.4% to X tons in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 82% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, sewing thread exports dropped markedly to $X in 2022. In general, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Myanmar (X tons), France (X tons) and Romania (X tons) were the main destinations of sewing thread exports from Belgium, with a combined 62% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of +167.2%), while the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), France ($X) and Romania ($X) were the largest markets for sewing thread exported from Belgium worldwide, with a combined 54% share of total exports. The UK, Myanmar, the Netherlands, Germany, Poland, Morocco and Luxembourg lagged somewhat behind, together comprising a further 23%.

Myanmar, with a CAGR of +107.7%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average sewing thread export price stood at $X per ton in 2022, falling by -30.3% against the previous year. In general, the export price showed a pronounced contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Sewing Thread Imports

Imports into Belgium

In 2022, after five years of growth, there was decline in supplies from abroad of sewing thread of man-made filaments or staple fibers, when their volume decreased by -1.6% to X tons. Overall, imports, however, recorded a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, sewing thread imports reduced notably to $X in 2022. Over the period under review, imports saw a perceptible descent. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest sewing thread supplier to Belgium, with a 62% share of total imports. Moreover, sewing thread imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. France (X tons) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+1.7% per year) and France (+7.8% per year).

In value terms, Germany ($X), the Netherlands ($X) and Hungary ($X) were the largest sewing thread suppliers to Belgium, with a combined 75% share of total imports.

In terms of the main suppliers, Hungary, with a CAGR of +41.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average sewing thread import price stood at $X per ton in 2022, which is down by -15.5% against the previous year. Overall, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 24% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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