Price for Woven Fabrics of Artificial Staple Fibres in Thailand - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Thailand (CIF) - 2023
- Price for Woven Fabrics of Artificial Staple Fibres in Thailand (FOB) - 2023
- Imports of Woven Fabrics of Artificial Staple Fibres in Thailand
- Exports of Woven Fabrics of Artificial Staple Fibres in Thailand
Price for Woven Fabrics of Artificial Staple Fibres in Thailand (CIF) - 2023
The average import price for woven fabrics of artificial staple fibres stood at $674 per thousand square meters in November 2023, surging by 17% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 30% m-o-m. As a result, import price reached the peak level of $0.7 per square meter. From July 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2.4 per square meter), while the price for China ($557 per thousand square meters) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Artificial Staple Fibres in Thailand (FOB) - 2023
In November 2023, the average export price for woven fabrics of artificial staple fibres amounted to $1.4 per square meter, jumping by 18% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in October 2023 an increase of 21% month-to-month. The export price peaked at $1.4 per square meter in July 2023; afterwards, it flattened through to November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Pakistan ($2.5 per square meter), while the average price for exports to Oman ($947 per thousand square meters) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Woven Fabrics of Artificial Staple Fibres in Thailand
Imports of woven fabrics of artificial staple fibres into Thailand shrank significantly to 973K square meters in 2022, dropping by -21.9% on the previous year. Overall, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 78%. Imports peaked at 2M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of woven fabrics of artificial staple fibres skyrocketed to $31M in 2022. In general, imports saw a relatively flat trend pattern. Imports peaked at $32M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Woven Fabrics of Artificial Staple Fibres in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.7 | 15.4 | 15.7 | 22.9 | -3.8% |
| Germany | 1.6 | 1.0 | 1.6 | 1.9 | 5.9% |
| India | 0.4 | 0.7 | 0.5 | 1.7 | 62.0% |
| Indonesia | 1.5 | 0.7 | 1.0 | 1.0 | -12.6% |
| Others | 2.4 | 2.5 | 3.3 | 3.7 | 15.5% |
| Total | 31.6 | 20.3 | 22.3 | 31.1 | -0.5% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Thailand in 2022:
- China (884.2K square meters)
- India (27.5K square meters)
- Germany (23.3K square meters)
- Indonesia (14.8K square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Thailand
In 2022, the amount of woven fabrics of artificial staple fibres exported from Thailand fell to 2.6M square meters, waning by -11.6% against 2021 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, the exports reached the peak of 3M square meters, and then contracted in the following year.
In value terms, exports of woven fabrics of artificial staple fibres rose markedly to $30M in 2022. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 9.1%. Over the period under review, the exports of reached the peak figure at $35M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Woven Fabrics of Artificial Staple Fibres in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 0.1 | 6.9 | 10.0 | 10.6 | 373.3% |
| United Arab Emirates | 1.9 | 2.2 | 2.4 | 3.2 | 19.0% |
| Oman | 6.4 | 3.3 | 3.1 | 2.8 | -24.1% |
| Burkina Faso | 0.5 | 1.7 | 1.0 | 2.7 | 75.4% |
| Madagascar | 1.8 | 0.7 | 2.2 | 2.1 | 5.3% |
| Togo | 2.9 | 0.6 | 1.1 | 0.6 | -40.9% |
| Others | 21.8 | 10.3 | 8.1 | 8.1 | -28.1% |
| Total | 35.3 | 25.7 | 28.0 | 30.0 | -5.3% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Thailand in 2022:
- Myanmar (1934.5K square meters)
- United Arab Emirates (279.0K square meters)
- Oman (152.1K square meters)
- Madagascar (69.9K square meters)
- Burkina Faso (46.1K square meters)
- Togo (10.7K square meters)
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