MERCOSUR: Cotton Sewing Thread Market 2025

Cotton Sewing Thread Market Size in MERCOSUR

The MERCOSUR cotton sewing thread market contracted to $X in 2021, remaining constant against the previous year. Overall, consumption continues to indicate a buoyant increase. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Cotton Sewing Thread Production in MERCOSUR

In value terms, cotton sewing thread production declined to $X in 2021 estimated in export price. In general, production continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 137% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Cotton Sewing Thread Exports

Exports in MERCOSUR

In 2021, shipments abroad of cotton sewing thread was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, saw a pronounced contraction. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, cotton sewing thread exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt descent. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil was the main exporter of cotton sewing thread in MERCOSUR, with the volume of exports recording X tons, which was approx. 50% of total exports in 2021. Uruguay (X tons) ranks second in terms of the total exports with a 21% share, followed by Peru (8.9%), Argentina (6.9%), Colombia (6%) and Chile (5.7%).

From 2012 to 2021, average annual rates of growth with regard to cotton sewing thread exports from Brazil stood at -2.1%. At the same time, Uruguay (+44.1%), Colombia (+4.0%) and Argentina (+1.8%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +44.1% from 2012-2021. Chile experienced a relatively flat trend pattern. By contrast, Peru (-19.3%) illustrated a downward trend over the same period. Uruguay (+21 p.p.), Brazil (+6.5 p.p.), Colombia (+3 p.p.) and Argentina (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while Peru saw its share reduced by -35.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest cotton sewing thread supplier in MERCOSUR, comprising 73% of total exports. The second position in the ranking was taken by Peru ($X), with a 13% share of total exports. It was followed by Colombia, with a 5.6% share.

In Brazil, cotton sewing thread exports shrank by an average annual rate of -8.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (-15.5% per year) and Colombia (+1.6% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, reducing by -6.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The growth pace was the most rapid in 2015 an increase of 14% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Uruguay ($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 (+4.7%), while the other leaders experienced a decline in the export price figures.

Cotton Sewing Thread Imports

Imports in MERCOSUR

In 2021, cotton sewing thread imports in MERCOSUR surged to X tons, jumping by 50% against the previous year's figure. Over the period under review, imports, however, continue to indicate a perceptible descent. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cotton sewing thread imports soared to $X in 2021. Overall, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Ecuador (X tons), Chile (X tons) and Brazil (X tons) represented the major importer of cotton sewing thread in MERCOSUR, creating 86% of total import. It was distantly followed by Colombia (X tons), generating a 4.8% share of total imports. The following importers - Paraguay (X tons) and Argentina (X tons) - together made up 4.6% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Ecuador (with a CAGR of +27.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Brazil ($X) and Ecuador ($X) constituted the countries with the highest levels of imports in 2021, with a combined 78% share of total imports.

Ecuador, with a CAGR of +23.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 MERCOSUR stood at $X per ton in 2021, picking up by 1.9% against the previous year. Overall, the import price, however, showed a slight decrease. The pace of growth was the most pronounced in 2013 an increase of 21% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform