CIS: Sewing Thread Market 2025

Sewing Thread Market Size in CIS

The CIS sewing thread market fell to $X in 2022, waning by -7.8% against the previous year. Overall, consumption showed a perceptible curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sewing Thread Production in CIS

In value terms, sewing thread production reduced rapidly to $X in 2022 estimated in export price. Overall, production showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sewing Thread Exports

Exports in CIS

For the fifth year in a row, the CIS recorded growth in shipments abroad of sewing thread of man-made filaments or staple fibers, which increased by 522% to X tons in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sewing thread exports skyrocketed to $X in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kyrgyzstan prevails in exports structure, finishing at X tons, which was near 84% of total exports in 2022. Russia (X tons) held a 5.9% share (based on physical terms) of total exports, which put it in second place, followed by Uzbekistan (4.9%). Belarus (X tons) followed a long way behind the leaders.

Exports from Kyrgyzstan increased at an average annual rate of +91.6% from 2012 to 2022. At the same time, Uzbekistan (+128.5%), Belarus (+20.2%) and Russia (+9.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +128.5% from 2012-2022. Kyrgyzstan (+80 p.p.) and Uzbekistan (+4.9 p.p.) significantly strengthened its position in terms of the total exports, while Belarus and Russia saw its share reduced by -15.2% and -67.8% from 2012 to 2022, respectively.

In value terms, Kyrgyzstan ($X) emerged as the largest sewing thread supplier in the CIS, comprising 77% of total exports. The second position in the ranking was taken by Russia ($X), with an 8.2% share of total exports. It was followed by Belarus, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kyrgyzstan stood at +102.0%. In the other countries, the average annual rates were as follows: Russia (+3.1% per year) and Belarus (+16.7% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, which is down by -19.7% against the previous year. Overall, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2021 an increase of 23% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+5.4%), while the other leaders experienced mixed trends in the export price figures.

Sewing Thread Imports

Imports in CIS

In 2022, imports of sewing thread of man-made filaments or staple fibers in the CIS soared to X tons, picking up by 40% compared with the previous year's figure. In general, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 56%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, sewing thread imports skyrocketed to $X in 2022. Over the period under review, imports posted a resilient expansion. The growth pace was the most rapid in 2016 when imports increased by 50%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

Russia (X tons) and Kyrgyzstan (X tons) represented roughly 66% of total imports in 2022. Uzbekistan (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (10%). The following importers - Belarus (X tons), Azerbaijan (X tons) and Tajikistan (X tons) - together made up 8% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Azerbaijan (with a CAGR of +28.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Kyrgyzstan ($X) and Kazakhstan ($X) constituted the countries with the highest levels of imports in 2022, with a combined 75% share of total imports.

Kyrgyzstan, with a CAGR of +33.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, declining by -14.7% against the previous year. In general, the import price recorded a mild decline. The pace of growth was the most pronounced in 2013 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+14.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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