Europe: Sewing Thread Market 2025

Sewing Thread Market Size in Europe

In 2022, the Europe sewing thread market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a noticeable slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sewing Thread Production in Europe

In value terms, sewing thread production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by 10% 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 Europe

In 2022, shipments abroad of sewing thread of man-made filaments or staple fibers increased by 2.1% to X tons, rising for the second year in a row after two years of decline. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 13%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sewing thread exports dropped slightly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Germany (X tons), distantly followed by Romania (X tons), Italy (X tons), the Netherlands (X tons), the Czech Republic (X tons), Hungary (X tons) and the UK (X tons) represented the key exporters of sewing thread of man-made filaments or staple fibers, together committing 71% of total exports. The following exporters - Spain (X tons), France (X tons), Slovenia (X tons), Poland (X tons), Portugal (X tons) and Bulgaria (X tons) - together made up 18% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bulgaria (with a CAGR of +12.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest sewing thread supplier in Europe, comprising 38% of total exports. The second position in the ranking was taken by Romania ($X), with a 10% share of total exports. It was followed by the UK, with a 7.4% share.

In Germany, sewing thread exports shrank by an average annual rate of -1.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Romania (+1.9% per year) and the UK (+2.6% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, falling by -2.7% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 13% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.2%), while the other leaders experienced more modest paces of growth.

Sewing Thread Imports

Imports in Europe

In 2022, imports of sewing thread of man-made filaments or staple fibers in Europe fell to X tons, with a decrease of -9.5% compared with the previous year's figure. In general, imports recorded a slight setback. The most prominent rate of growth was recorded in 2013 with an increase of 7.9%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sewing thread imports fell modestly to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 12%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Russia (X tons), Italy (X tons), Germany (X tons), Romania (X tons), the Czech Republic (X tons), Ukraine (X tons), Spain (X tons), Poland (X tons), Belgium (X tons), France (X tons), the Netherlands (X tons) and Hungary (X tons) represented roughly 75% of total imports in 2022. Bulgaria (X tons) held a minor share 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 Hungary (with a CAGR of +8.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sewing thread importing markets in Europe were Germany ($X), Italy ($X) and Romania ($X), with a combined 36% share of total imports.

In terms of the main importing countries, Italy, with a CAGR of +2.8%, 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

The import price in Europe stood at $X per ton in 2022, picking up by 10% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform