Singapore - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Singapore - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Sewing Thread Price in Singapore - 2022

Contents:

  1. Sewing Thread Price in Singapore (CIF) - 2022
  2. Sewing Thread Price in Singapore (FOB) - 2022
  3. Sewing Thread Imports in Singapore
  4. Sewing Thread Exports in Singapore

Sewing Thread Price in Singapore (CIF) - 2022

The average sewing thread import price stood at $8,312 per ton in September 2022, shrinking by -49.5% against the previous month. Overall, the import price saw a deep contraction. The pace of growth was the most pronounced in February 2022 an increase of 163% m-o-m. As a result, import price attained the peak level of $34,745 per ton. From March 2022 to September 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($26,676 per ton), while the price for Indonesia ($3,456 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Thailand (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sewing Thread Price in Singapore (FOB) - 2022

In 2022, the average sewing thread export price amounted to $10,804 per ton, falling by -1.6% against the previous year. In general, the export price saw a mild shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 40%. Over the period under review, the average export prices hit record highs at $16,716 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($30,221 per ton), while the average price for exports to India ($3,283 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 Turkey (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Sewing Thread Imports in Singapore

In 2022, supplies from abroad of sewing thread of man-made filaments or staple fibers decreased by -28% to 209 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 6.9% against the previous year. As a result, imports attained the peak of 298 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sewing thread imports shrank to $2.4M in 2022. In general, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 4.3%. As a result, imports attained the peak of $2.6M, and then declined in the following year.

Import of Sewing Thread in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China898823832705-7.7%
United States45.2124135490121.3%
Malaysia1,046650822458-24.1%
Indonesia49.137438732988.5%
Vietnam17.855.856.510379.5%
Taiwan (Chinese)37.330.571.362.218.6%
Thailand14314876.752.5-28.4%
India67.994.13.14.5-59.5%
Others280222247189-12.3%
Total2,5862,5222,6302,394-2.5%

Top Suppliers of Sewing Thread to Singapore in 2022:

  1. China (82.4 tons)
  2. Malaysia (56.1 tons)
  3. Indonesia (19.5 tons)
  4. United States (12.5 tons)
  5. Thailand (9.6 tons)
  6. Vietnam (8.2 tons)
  7. Taiwan (Chinese) (7.5 tons)
  8. India (1.0 tons)

Sewing Thread Exports in Singapore

In 2022, sewing thread exports from Singapore fell to 96 tons, with a decrease of -6.5% compared with 2021. In general, exports saw a noticeable descent. The pace of growth was the most pronounced in 2021 when exports increased by 22%. As a result, the exports attained the peak of 103 tons, and then shrank in the following year.

In value terms, sewing thread exports dropped to $1M in 2022. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year.

Export of Sewing Thread in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia19422620337224.2%
Malaysia401198230267-12.7%
United States1803082642257.7%
DjiboutiN/AN/AN/A71.00%
India2.849.619.430.2120.9%
South Korea36.0N/A39.321.2-16.2%
Vietnam2241.00.19.3-65.4%
Oman25.2N/AN/AN/A0%
Mexico17660.7115N/A-19.2%
MyanmarN/AN/A17.4N/A0%
TurkeyN/A66.0N/AN/A0%
Others92.031.323942.7-22.6%
Total1,3309401,1281,038-7.9%

Top Export Markets for Sewing Thread from Singapore in 2022:

  1. Indonesia (51.7 tons)
  2. Malaysia (15.9 tons)
  3. India (9.2 tons)
  4. United States (7.4 tons)
  5. Djibouti (5.2 tons)
  6. South Korea (3.4 tons)
  7. Vietnam (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sewing thread market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13108510 - Sewing thread of man-made filaments
  • Prodcom 13108550 - Sewing thread of man-made staple fibres

Country coverage:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...

Which Country Imports the Most Sewing Thread in the World?
May 28, 2018
Eye 3646

Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...

Which Country Exports the Most Sewing Thread in the World?
May 28, 2018
Eye 1139

Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...

Which Country Exports the Most Sewing Thread of Man-Made Staple Fibers in the World?
Jul 26, 2018
Eye 1643

In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...

Which Country Imports the Most Sewing Thread in the World?
May 28, 2018
Eye 3646

Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...

Which Country Exports the Most Sewing Thread in the World?
May 28, 2018
Eye 1139

Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...

Free Data: Sewing Thread Of Man-Made Filaments Or Staple Fibers - Singapore