Sewing Thread Market Overview in Egypt
In value terms, sewing thread production soared to $ in estimated in export prices. In general, production enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2011 with an increase of % y-o-y. Sewing thread production peaked in and is likely to continue growth in the immediate term.
The revenue of the sewing thread market in Egypt reduced remarkably 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). Overall, consumption continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2012 when the market value increased by % year-to-year. Over the period under review, the market attained the peak level at $ in 2010; however, from 2011 to , consumption stood at a somewhat lower figure.