Thailand - Woven Fabrics Of Cotton - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 17, 2024

Thailand - Woven Fabrics Of Cotton - Market Analysis, Forecast, Size, Trends and Insights

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Cotton Fabric Price in Thailand - 2023

Contents:

  1. Cotton Fabric Price in Thailand (FOB) - 2022
  2. Cotton Fabric Price in Thailand (CIF) - 2022
  3. Cotton Fabric Exports in Thailand
  4. Cotton Fabric Imports in Thailand

Cotton Fabric Price in Thailand (FOB) - 2022

In 2022, the average cotton fabric export price amounted to $1.4 per square meter, growing by 8.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 17% against the previous year. As a result, the export price reached the peak level of $1.6 per square meter. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($2.4 per square meter), while the average price for exports to Lao People's Democratic Republic ($0.8 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Fabric Price in Thailand (CIF) - 2022

In 2022, the average cotton fabric import price amounted to $0.9 per square meter, rising by 6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 26%. As a result, import price attained the peak level of $1 per square meter. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($2.2 per square meter), while the price for India ($0.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Cotton Fabric Exports in Thailand

In 2022, the amount of woven fabrics of cotton exported from Thailand expanded notably to 221M square meters, with an increase of 6.2% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cotton fabric exports surged to $300M in 2022. Over the period under review, exports, however, showed a pronounced contraction. Over the period under review, the exports reached the maximum at $345M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Cotton Fabric in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar7.661.751.074.9114.4%
Bangladesh43.334.847.038.7-3.7%
Vietnam19.115.323.632.219.0%
Cambodia24.917.116.428.64.7%
China29.610.915.322.7-8.5%
Netherlands19.79.16.711.8-15.7%
United States17.918.411.011.1-14.7%
Japan17.310.917.311.1-13.8%
Lao People's Democratic Republic11.07.45.69.3-5.4%
India12.313.48.09.0-9.9%
South Korea6.36.04.95.2-6.2%
Indonesia15.74.43.94.2-35.6%
Philippines20.811.02.61.6-57.5%
Others99.650.847.240.1-26.2%
Total345271260300-4.6%

Top Export Markets for Cotton Fabric from Thailand in 2022:

  1. Myanmar (72.0M square meters)
  2. Bangladesh (27.2M square meters)
  3. Cambodia (17.7M square meters)
  4. China (14.0M square meters)
  5. Vietnam (13.5M square meters)
  6. Lao People's Democratic Republic (11.8M square meters)
  7. Japan (9.9M square meters)
  8. United States (9.0M square meters)
  9. India (7.6M square meters)
  10. Netherlands (7.4M square meters)
  11. South Korea (4.7M square meters)
  12. Indonesia (3.4M square meters)
  13. Philippines (1.9M square meters)

Cotton Fabric Imports in Thailand

In 2022, imports of woven fabrics of cotton into Thailand soared to 229M square meters, growing by 45% on the previous year's figure. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cotton fabric imports skyrocketed to $214M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cotton Fabric in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China95.282.787.313813.2%
India39.133.331.649.88.4%
Vietnam1.82.22.97.762.3%
Indonesia1.71.31.53.324.7%
Others22.617.215.115.2-12.4%
Total16013713821410.2%

Top Suppliers of Cotton Fabric to Thailand in 2022:

  1. China (146.9M square meters)
  2. India (69.6M square meters)
  3. Indonesia (4.1M square meters)
  4. Vietnam (3.5M square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton fabric market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13202020 - Woven fabrics of cotton weighing . .100 g/m., for medical gauzes, bandages and dressings
  • Prodcom 13202060 - Woven fabrics of denim cotton weighing > .200 g/m. (including denim other than blue)
  • Prodcom 132020Z1 - Cotton fabrics, . .200 g/m. (excluding gauze and coloured yarns)
  • Prodcom 132020Z2 - Cotton fabrics, > .200 g/m. (excluding coloured yarns)
  • Prodcom 132020Z3 - Woven fabrics of cotton of yarns of different colours (excluding denim)

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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