CBN (and PCD) ER16 and IR16 inserts in AG60 and AG55 are available from eBay sellers direct from China. The one I saw sells two inserts for £26. Note that in this form, each insert has only one cutting edge, so your cost is £13 per edge.
20tpi coincides with a Clarkson thread, hence the Whitworth form ones above might be useful in that context. Would thread grinding, using a toolpost mounted device to spin the abrasive, be an option?
Following on from above, if the item is through hardened, or the thread has to be the same diameter as it is currently, turn it down with a CBN cutting insert (a lot cheaper than a CBN threading insert), shrink or loctite on a sleeve of softer material and cut the thread as normal in that.