Sewing Thread Market Overview in Portugal
In value terms, sewing thread production rose rapidly to $ in estimated in export prices. Overall, production continues to indicate a remarkable increase. The growth pace was the most rapid in 2012 with an increase of % year-to-year. Sewing thread production peaked at $ in 2018; however, from 2019 to , production remained at a lower figure.
The revenue of the sewing thread market in Portugal was estimated at $ in , with an increase of % 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 abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of % against the previous year. Sewing thread consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain the momentum.