MERCOSUR: Sewing Thread Market 2025

Sewing Thread Market Size in MERCOSUR

The MERCOSUR sewing thread market contracted modestly to $X in 2022, shrinking by -3.4% against the previous year. Over the period under review, consumption showed a deep downturn. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Sewing Thread Production in MERCOSUR

In value terms, sewing thread production dropped to $X in 2022 estimated in export price. In general, production saw a abrupt decline. The growth pace was the most rapid in 2013 when the production volume increased by 21%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Sewing Thread Exports

Exports in MERCOSUR

In 2022, exports of sewing thread of man-made filaments or staple fibers in MERCOSUR fell to X tons, reducing by -8.2% compared with the previous year. Over the period under review, exports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 69% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sewing thread exports fell to $X in 2022. Overall, exports recorded a noticeable slump. The growth pace was the most rapid in 2021 when exports increased by 66% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil represented the largest exporter of sewing thread of man-made filaments or staple fibers in MERCOSUR, with the volume of exports accounting for X tons, which was approx. 70% of total exports in 2022. Chile (X tons) held the second position in the ranking, distantly followed by Colombia (X tons). All these countries together held approx. 24% share of total exports. Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sewing thread exports from Brazil stood at -1.4%. At the same time, Chile (+22.4%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +22.4% from 2012-2022. By contrast, Colombia (-4.5%) and Ecuador (-14.0%) illustrated a downward trend over the same period. While the share of Chile (+14 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Colombia (-3.3 p.p.) and Ecuador (-7.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest sewing thread supplier in MERCOSUR, comprising 80% of total exports. The second position in the ranking was taken by Colombia ($X), with an 8.9% share of total exports. It was followed by Chile, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled -2.3%. In the other countries, the average annual rates were as follows: Colombia (-9.5% per year) and Chile (+9.9% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, showed a perceptible curtailment. The growth pace was the most rapid in 2018 when the export price increased by 2%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.9%), while the other leaders experienced a decline in the export price figures.

Sewing Thread Imports

Imports in MERCOSUR

In 2022, the amount of sewing thread of man-made filaments or staple fibers imported in MERCOSUR reduced to X tons, falling by -5.5% against 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, sewing thread imports declined to $X in 2022. Over the period under review, imports saw a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Peru (X tons), distantly followed by Colombia (X tons), Argentina (X tons), Chile (X tons), Brazil (X tons) and Ecuador (X tons) represented the main importers of sewing thread of man-made filaments or staple fibers, together creating 91% of total imports. Venezuela (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +6.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sewing thread importing markets in MERCOSUR were Peru ($X), Argentina ($X) and Colombia ($X), together accounting for 58% of total imports. Brazil, Chile, Ecuador and Venezuela lagged somewhat behind, together comprising a further 35%.

Brazil, with a CAGR of +3.8%, saw the highest growth rate of 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

In 2022, the import price in MERCOSUR amounted to $X per ton, increasing by 2.4% against the previous year. Overall, the import price, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2021 an increase of 9.7%. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Brazil ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform