Spain: Cotton Sewing Thread Market 2025

Cotton Sewing Thread Market Size in Spain

The Spanish cotton sewing thread market contracted rapidly to $X in 2021, dropping by -92.7% against the previous year. Overall, consumption showed a significant curtailment. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Cotton Sewing Thread Production in Spain

In value terms, cotton sewing thread production declined to $X in 2021 estimated in export price. In general, production showed a perceptible setback. The growth pace was the most rapid in 2020 with an increase of 35%. Cotton sewing thread production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Cotton Sewing Thread Exports

Exports from Spain

In 2021, after five years of decline, there was significant growth in overseas shipments of cotton sewing thread, when their volume increased by 117% to X tons. Overall, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 182%. As a result, the exports attained 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 skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 56%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Morocco (X tons), Algeria (X tons) and France (X tons) were the main destinations of cotton sewing thread exports from Spain, with a combined 84% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +27.7%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cotton sewing thread exported from Spain were Germany ($X), Morocco ($X) and Algeria ($X), with a combined 85% share of total exports. Portugal and France lagged somewhat behind, together comprising a further 7.5%.

Portugal, with a CAGR of +19.7%, recorded the highest rates of growth with regard to 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, shrinking by -43.4% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 76% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Algeria ($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 Germany (+1.5%), while the prices for the other major destinations experienced a decline.

Cotton Sewing Thread Imports

Imports into Spain

In 2021, purchases abroad of cotton sewing thread increased by 79% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, showed a noticeable curtailment. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, cotton sewing thread imports skyrocketed to $X in 2021. In general, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when imports increased by 59%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Portugal (X tons) constituted the largest supplier of cotton sewing thread to Spain, accounting for a 40% share of total imports. Moreover, cotton sewing thread imports from Portugal exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. India (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal stood at +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.6% per year) and India (+0.4% per year).

In value terms, India ($X), China ($X) and Greece ($X) constituted the largest cotton sewing thread suppliers to Spain, together comprising 55% of total imports. Egypt, Portugal, Turkey, Italy, France and Pakistan lagged somewhat behind, together accounting for a further 32%.

In terms of the main suppliers, Turkey, with a CAGR of +31.6%, saw the highest rates of growth with regard to 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

In 2021, the average cotton sewing thread import price amounted to $X per ton, which is down by -28% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 36% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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