Report Update Nov 1, 2024

Canada - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Cotton Sewing Thread Market 2024

Cotton Sewing Thread Market Size in Canada

The Canadian cotton sewing thread market declined remarkably to $X in 2021, waning by -24.4% 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 continues to indicate a abrupt descent. Cotton sewing thread consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Cotton Sewing Thread Exports

Exports from Canada

In 2021, approx. X tons of cotton sewing thread were exported from Canada; increasing by 104% against the year before. Overall, exports posted a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 305%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, cotton sewing thread exports surged to $X in 2021. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 280%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for cotton sewing thread exports from Canada, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +20.1%.

In value terms, the United States ($X) also remains the key foreign market for cotton sewing thread exports from Canada.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +21.2%.

Export Prices by Country

The average cotton sewing thread export price stood at $X per ton in 2021, with an increase of 75% against the previous year. Overall, the export price continues to indicate pronounced growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +0.9% per year.

Cotton Sewing Thread Imports

Imports into Canada

Cotton sewing thread imports into Canada shrank significantly to X tons in 2021, with a decrease of -25.8% on the previous year. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, cotton sewing thread imports dropped to $X in 2021. Over the period under review, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2017 with an increase of 8.3% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Greece (X tons) and Italy (X tons) were the main suppliers of cotton sewing thread imports to Canada, together comprising 55% of total imports. The United States, France, Pakistan, Egypt, India, Romania, Peru, the Czech Republic, Germany and Japan lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +85.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and the United States ($X) constituted the largest cotton sewing thread suppliers to Canada, together comprising 49% of total imports. These countries were followed by Greece, Romania, France, the Czech Republic, Egypt, India, Japan, Peru, Pakistan and Germany, which together accounted for a further 50%.

The Czech Republic, with a CAGR of +97.0%, 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.

Import Prices by Country

In 2021, the average cotton sewing thread import price amounted to $X per ton, growing by 18% against the previous year. Overall, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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 the Czech Republic ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cotton sewing thread in the world?

The countries with the highest volumes of cotton sewing thread consumption in 2020 were China, Turkey and Pakistan, together comprising 32% of global consumption. These countries were followed by the U.S., India, Japan, Guatemala, Brazil, Nigeria, Indonesia, Germany, France and the UK, which together accounted for a further 36%.

What are the largest producers of cotton sewing thread in the world?

The countries with the highest volumes of cotton sewing thread production in 2020 were China, Turkey and India, together accounting for 42% of global production.

What are the leading suppliers of cotton sewing thread to Canada?

In value terms, Italy, Greece and China were the largest cotton sewing thread suppliers to Canada, together accounting for 47% of total imports.

What are the leading importers of cotton sewing thread from Canada?

In value terms, the U.S. remains the key foreign market for cotton sewing thread exports from Canada.

What is the average export price for cotton sewing thread in Canada?

In 2020, the average cotton sewing thread export price amounted to $15,299 per ton, declining by -5.3% against the previous year.

What is the average import price for cotton sewing thread in Canada?

The average cotton sewing thread import price stood at $9,814 per ton in 2020, declining by -14.9% against the previous year.

This report provides an in-depth analysis of the cotton sewing thread market in Canada. 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:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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