Slovakia: Cotton Sewing Thread Market 2025

Cotton Sewing Thread Market Size in Slovakia

The Slovak cotton sewing thread market dropped to $X in 2021, which is down by -7.6% against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +10.0% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2020, and then reduced in the following year.

Cotton Sewing Thread Production in Slovakia

In value terms, cotton sewing thread production contracted to $X in 2021 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +12.7% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 73%. Cotton sewing thread production peaked at $X in 2020, and then reduced in the following year.

Cotton Sewing Thread Exports

Exports from Slovakia

After two years of decline, shipments abroad of cotton sewing thread increased by 172% to X tons in 2021. Overall, exports, however, showed a sharp shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 411% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cotton sewing thread exports surged to $X in 2021. In general, exports, however, faced a dramatic shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X kg) was the main destination for cotton sewing thread exports from Slovakia, with a 47% share of total exports. Moreover, cotton sewing thread exports to the Czech Republic exceeded the volume sent to the second major destination, Austria (X kg), threefold. Poland (X kg) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic totaled +41.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+16.1% per year) and Poland (-25.1% per year).

In value terms, the Czech Republic ($X), Poland ($X) and Austria ($X) constituted the largest markets for cotton sewing thread exported from Slovakia worldwide, together comprising 44% of total exports. These countries were followed by Ireland, Hungary, France, Finland, Germany and Italy, which together accounted for a further 37%.

Germany, with a CAGR of +70.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cotton sewing thread export price stood at $X per ton in 2021, increasing by 156% against the previous year. Overall, the export price enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 253% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Czech Republic ($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 Poland (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Sewing Thread Imports

Imports into Slovakia

In 2021, supplies from abroad of cotton sewing thread increased by 4.5% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, showed a sharp contraction. The pace of growth appeared the most rapid in 2017 with an increase of 39% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, cotton sewing thread imports skyrocketed to $X in 2021. Overall, imports, however, recorded a dramatic slump. The growth pace was the most rapid in 2018 with an increase of 44% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Hungary (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of cotton sewing thread imports to Slovakia, with a combined 64% share of total imports. The Czech Republic, Turkey, the Netherlands, Italy and China lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +85.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Hungary ($X) constituted the largest cotton sewing thread suppliers to Slovakia, with a combined 65% share of total imports. Poland, Italy, Turkey, the Netherlands and China lagged somewhat behind, together accounting for a further 33%.

In terms of the main suppliers, the Netherlands, with a CAGR of +113.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cotton sewing thread import price stood at $X per ton in 2021, increasing by 22% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 94%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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