Sewing Thread Market Overview in Germany
In value terms, sewing thread production declined to $ in estimated in export prices. Overall, production continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 when the production volume increased by % year-to-year. Sewing thread production peaked at $ in 2007; however, from 2008 to , production remained at a lower figure.
The value of the sewing thread market in Germany contracted significantly to $ in , waning by -% 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). In general, consumption, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2014 with an increase of % year-to-year. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption failed to regain the momentum.