Colombia: Cotton Sewing Thread Market 2025

Cotton Sewing Thread Market Size in Colombia

In 2021, the Colombian cotton sewing thread market increased by 23% to $X, rising for the second year in a row after five years of decline. In general, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Cotton Sewing Thread Exports

Exports from Colombia

In 2021, shipments abroad of cotton sewing thread was finally on the rise to reach X tons after three years of decline. Over the period under review, exports showed a moderate expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 256%. 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 expanded remarkably to $X in 2021. In general, exports continue to indicate mild growth. The most prominent rate of growth was recorded in 2015 when exports increased by 363% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X tons) was the main destination for cotton sewing thread exports from Colombia, accounting for a 74% share of total exports. Moreover, cotton sewing thread exports to Ecuador exceeded the volume sent to the second major destination, Cuba (X kg), eightfold. Aruba (X kg) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to Ecuador totaled +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (+3.7% per year) and Aruba (+54.8% per year).

In value terms, Ecuador ($X) remains the key foreign market for cotton sewing thread exports from Colombia, comprising 80% of total exports. The second position in the ranking was taken by Panama ($X), with a 4.2% share of total exports. It was followed by Cuba, with a 1.5% share.

From 2012 to 2021, the average annual growth rate of value to Ecuador stood at +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+7.1% per year) and Cuba (-1.8% per year).

Export Prices by Country

The average cotton sewing thread export price stood at $X per ton in 2021, reducing by -2% against the previous year. Overall, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 an increase of 30%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, 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 Panama ($X per ton), while the average price for exports to Cuba ($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 Aruba (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Sewing Thread Imports

Imports into Colombia

In 2021, purchases abroad of cotton sewing thread increased by 18% to X tons, rising for the second year in a row after four years of decline. Over the period under review, imports, however, recorded a deep reduction. The growth pace was the most rapid in 2014 when imports increased by 39% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, cotton sewing thread imports surged to $X in 2021. In general, imports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 26%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), India (X tons) and China (X tons) were the main suppliers of cotton sewing thread imports to Colombia, with a combined 81% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +27.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest cotton sewing thread suppliers to Colombia were India ($X), the United States ($X) and Peru ($X), together comprising 80% of total imports.

Among the main suppliers, the United States, with a CAGR of +23.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average cotton sewing thread import price amounted to $X per ton, surging by 3.7% against the previous year. Overall, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Peru ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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