EU: Cotton Sewing Thread Market 2025

Cotton Sewing Thread Market Size in the EU

In 2021, the EU cotton sewing thread market decreased by -58.4% to $X, falling for the third consecutive year after seven years of growth. In general, consumption continues to indicate a deep contraction. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Cotton Sewing Thread Production in the EU

In value terms, cotton sewing thread production contracted remarkably to $X in 2021 estimated in export price. Over the period under review, production recorded a mild curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 19% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Cotton Sewing Thread Exports

Exports in the EU

In 2021, overseas shipments of cotton sewing thread increased by 29% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt curtailment. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, cotton sewing thread exports rose markedly to $X in 2021. Overall, exports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2018 with an increase of 14% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Italy (X tons) and Spain (X tons) represented the major exporters of cotton sewing thread in the European Union, together accounting for near 44% of total exports. Belgium (X tons) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Germany (8.8%), France (6.6%), the Netherlands (5.9%), Greece (5.4%) and Portugal (4.5%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +27.0%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2021, with a combined 56% share of total exports. The Netherlands, Belgium, France, Greece and Portugal lagged somewhat behind, together accounting for a further 27%.

The Netherlands, with a CAGR of +27.1%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, which is down by -14% against the previous year. Export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cotton sewing thread export price increased by +24.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the export price increased by 44% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+24.0%), while the other leaders experienced more modest paces of growth.

Cotton Sewing Thread Imports

Imports in the EU

In 2021, the amount of cotton sewing thread imported in the European Union soared to X tons, rising by 33% against 2020. Over the period under review, imports, however, continue to indicate a mild setback. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, cotton sewing thread imports surged to $X in 2021. Overall, imports, however, continue to indicate a perceptible descent. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The purchases of the eleven major importers of cotton sewing thread, namely Spain, Belgium, Italy, the Netherlands, France, Germany, Denmark, Greece, Hungary, Romania and the Czech Republic, represented more than two-thirds of total import. Poland (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton sewing thread importing markets in the European Union were Germany ($X), the Netherlands ($X) and Italy ($X), together accounting for 35% of total imports.

In terms of the main importing countries, the Netherlands, with a CAGR of +24.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, reducing by -2.6% against the previous year. Overall, the import price recorded a noticeable decrease. The growth pace was the most rapid in 2018 when the import price increased by 2.4% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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