GCC: Sewing Thread Market 2025

Sewing Thread Market Size in GCC

The GCC sewing thread market fell to $X in 2022, shrinking by -7.3% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Sewing Thread Production in GCC

In value terms, sewing thread production fell to $X in 2022 estimated in export price. In general, production, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 3,525%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Sewing Thread Exports

Exports in GCC

In 2022, the amount of sewing thread of man-made filaments or staple fibers exported in GCC shrank sharply to X tons, declining by -16.9% on 2021 figures. Total exports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +2.5% against 2020 indices. The growth pace was the most rapid in 2017 when exports increased by 40%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sewing thread exports declined to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.5% against 2014 indices. The growth pace was the most rapid in 2017 with an increase of 40% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Oman represented the key exporter of sewing thread of man-made filaments or staple fibers in GCC, with the volume of exports resulting at X tons, which was near 85% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons), comprising a 14% share of total exports.

Oman was also the fastest-growing in terms of the sewing thread of man-made filaments or staple fibers exports, with a CAGR of +12.2% from 2012 to 2022. The United Arab Emirates (-8.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Oman increased by +45 percentage points.

In value terms, Oman ($X) remains the largest sewing thread supplier in GCC, comprising 94% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Oman stood at +11.7%.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, growing by 3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2018 when the export price increased by 14% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

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 Oman ($X per ton), while the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (-0.4%).

Sewing Thread Imports

Imports in GCC

In 2022, approx. X tons of sewing thread of man-made filaments or staple fibers were imported in GCC; reducing by -10.2% against the previous year. Over the period under review, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, sewing thread imports contracted to $X in 2022. In general, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 41%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons) and Oman (X tons) dominates imports structure, together mixing up 93% of total imports. It was distantly followed by Kuwait (X tons), achieving a 4.7% share of total imports. Bahrain (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +12.1%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported sewing thread of man-made filaments or staple fibers in GCC, comprising 64% of total imports. The second position in the ranking was held by Oman ($X), with a 28% share of total imports. It was followed by Kuwait, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to -6.4%. The remaining importing countries recorded the following average annual rates of imports growth: Oman (+10.1% per year) and Kuwait (-4.6% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, reducing by -3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2015 an increase of 22% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bahrain ($X per ton), while Oman ($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 United Arab Emirates (+0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform