Sewing Thread Market Overview in China
In value terms, sewing thread production stood at $ in estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when the production volume increased by % y-o-y. Sewing thread production peaked at $ in 2011; however, from 2012 to , production stood at a somewhat lower figure.
The size of the sewing thread market in China declined to $ in , therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. As a result, consumption attained the peak level of $. from 2012 to , the growth of the market failed to regain the momentum.