Poland: Sewing Thread Market 2024

Sewing Thread Market Size in Poland

The Polish sewing thread market reduced remarkably to $X in 2022, waning by -17.8% against the previous year. In general, consumption recorded a deep slump. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Sewing Thread Production in Poland

In value terms, sewing thread production reduced to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 0.5%. Sewing thread production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Sewing Thread Exports

Exports from Poland

In 2022, overseas shipments of sewing thread of man-made filaments or staple fibers decreased by -1.7% to X tons, falling for the fourth consecutive year after two years of growth. The total export volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 24% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, sewing thread exports reduced to $X in 2022. In general, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.2% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 34%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ukraine (X tons) was the main destination for sewing thread exports from Poland, with a 31% share of total exports. Moreover, sewing thread exports to Ukraine exceeded the volume sent to the second major destination, Lithuania (X tons), threefold. The third position in this ranking was held by Germany (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume to Ukraine amounted to +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+0.5% per year) and Germany (+19.0% per year).

In value terms, Ukraine ($X) remains the key foreign market for sewing thread of man-made filaments or staple fibers exports from Poland, comprising 30% of total exports. The second position in the ranking was held by Lithuania ($X), with a 10% share of total exports. It was followed by Germany, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ukraine stood at +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+2.0% per year) and Germany (+18.6% per year).

Export Prices by Country

In 2022, the average sewing thread export price amounted to $X per ton, with a decrease of -7.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 20%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sewing Thread Imports

Imports into Poland

In 2022, supplies from abroad of sewing thread of man-made filaments or staple fibers decreased by -19.2% to X tons, falling for the fifth consecutive year after two years of growth. Overall, imports showed a perceptible shrinkage. The growth pace was the most rapid in 2016 when imports increased by 9.4%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, sewing thread imports contracted to $X in 2022. Over the period under review, imports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 13%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest sewing thread supplier to Poland, with a 52% share of total imports. Moreover, sewing thread imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.0% per year) and Turkey (+1.0% per year).

In value terms, China ($X), Germany ($X) and Turkey ($X) were the largest sewing thread suppliers to Poland, together accounting for 73% of total imports. Romania, India, the UK, the Netherlands and France lagged somewhat behind, together comprising a further 17%.

Romania, with a CAGR of +18.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average sewing thread import price stood at $X per ton in 2022, picking up by 8.3% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 8.6% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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