Ireland: Cotton Sewing Thread Market 2025

Cotton Sewing Thread Market Size in Ireland

The Irish cotton sewing thread market expanded rapidly to $X in 2021, surging by 11% against the previous year. Over the period under review, consumption, however, continues to indicate a slight reduction. Cotton sewing thread consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Cotton Sewing Thread Production in Ireland

In value terms, cotton sewing thread production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 22% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Cotton Sewing Thread Exports

Exports from Ireland

In 2021, approx. X kg of cotton sewing thread were exported from Ireland; with a decrease of -92% on the previous year. In general, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 157% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, cotton sewing thread exports contracted remarkably to $X in 2021. Over the period under review, exports showed a significant decline. The pace of growth appeared the most rapid in 2015 when exports increased by 178%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for cotton sewing thread exports from Ireland, with a 86% share of total exports. Moreover, cotton sewing thread exports to the UK exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), ninefold.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +45.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+3.3% per year) and Spain (-10.8% per year).

From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled +42.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-17.5% per year) and Spain (-12.1% per year).

Export Prices by Country

The average cotton sewing thread export price stood at $X per ton in 2021, jumping by 31% against the previous year. Overall, the export price continues to indicate a slight increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 73% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United Arab Emirates ($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 Spain (-1.5%), while the prices for the other major destinations experienced a decline.

Cotton Sewing Thread Imports

Imports into Ireland

In 2021, approx. X tons of cotton sewing thread were imported into Ireland; which is down by -41.8% against 2020 figures. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 170%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, cotton sewing thread imports dropped notably to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 190%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the UK (X tons) constituted the largest supplier of cotton sewing thread to Ireland, accounting for a 57% share of total imports. Moreover, cotton sewing thread imports from the UK exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Latvia (X kg) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume from the UK stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+37.9% per year) and Latvia (-20.5% per year).

In value terms, the UK ($X) constituted the largest supplier of cotton sewing thread to Ireland, comprising 50% of total imports. The second position in the ranking was taken by China ($X), with a 23% share of total imports. It was followed by the United States, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from the UK stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+48.2% per year) and the United States (-2.1% per year).

Import Prices by Country

The average cotton sewing thread import price stood at $X per ton in 2021, growing by 43% against the previous year. Overall, the import price continues to indicate resilient growth. 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 origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+95.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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