Thailand - Polishes And Creams For Footwear Or Leather - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFootwear Treatments Price in Thailand - 2023
Contents:
- Footwear Treatments Price in Thailand (CIF) - 2022
- Footwear Treatments Price in Thailand (FOB) - 2023
- Footwear Treatments Imports in Thailand
- Footwear Treatments Exports in Thailand
Footwear Treatments Price in Thailand (CIF) - 2022
In 2022, the average footwear treatments import price amounted to $6,158 per ton, surging by 9.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 30%. As a result, import price attained the peak level of $6,385 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 the UK ($18,153 per ton), while the price for China ($2,900 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Footwear Treatments Price in Thailand (FOB) - 2023
The average footwear treatments export price stood at $9,745 per ton in July 2023, stabilizing at the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average export price increased by 347% m-o-m. Over the period under review, the average export prices hit record highs at $13,011 per ton in November 2022; however, from December 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Vietnam ($46,005 per ton), while the average price for exports to Myanmar ($2,032 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Footwear Treatments Imports in Thailand
In 2022, footwear treatments imports into Thailand soared to 362 tons, picking up by 24% on 2021. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, footwear treatments imports soared to $2.2M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Footwear Treatments in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 659 | 679 | 721 | 946 | 12.8% |
| China | 203 | 107 | 164 | 243 | 6.2% |
| Italy | 278 | 194 | 190 | 226 | -6.7% |
| United States | 145 | 138 | 83.7 | 141 | -0.9% |
| United Kingdom | 72.0 | 42.1 | 89.3 | 125 | 20.2% |
| South Korea | 118 | 93.3 | 68.1 | 122 | 1.1% |
| Germany | 108 | 42.9 | 53.3 | 95.5 | -4.0% |
| Malaysia | 74.4 | 38.7 | 28.7 | 77.7 | 1.5% |
| Spain | 112 | 50.7 | 105 | 38.1 | -30.2% |
| Others | 182 | 301 | 146 | 214 | 5.5% |
| Total | 1,951 | 1,687 | 1,649 | 2,229 | 4.5% |
Top Suppliers of Footwear Treatments to Thailand in 2022:
- Indonesia (110.9 tons)
- China (83.7 tons)
- Italy (76.9 tons)
- South Korea (42.0 tons)
- United States (7.8 tons)
- Malaysia (7.7 tons)
- United Kingdom (6.9 tons)
- Spain (5.9 tons)
- Germany (4.6 tons)
Footwear Treatments Exports in Thailand
In 2022, exports of polishes and creams for footwear or leather from Thailand reduced to 83 tons, with a decrease of -7.2% on 2021 figures. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. As a result, the exports attained the peak of 89 tons, and then declined in the following year.
In value terms, footwear treatments exports reached $625K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Footwear Treatments in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 248 | 129 | 231 | 198 | -7.2% |
| Russia | 97.8 | 104 | 100 | 197 | 26.3% |
| Lao People's Democratic Republic | 40.0 | 34.2 | 74.1 | 77.0 | 24.4% |
| Cambodia | 50.4 | 52.8 | 59.6 | 59.5 | 5.7% |
| Vietnam | 28.0 | 60.2 | 55.8 | 46.4 | 18.3% |
| India | 0.1 | 1.4 | N/A | 19.0 | 474.9% |
| Malaysia | 9.7 | 8.1 | 0.6 | 9.7 | 0.0% |
| Nepal | N/A | N/A | 54.9 | 1.2 | -97.8% |
| United Arab Emirates | 8.4 | 0.1 | 9.9 | 0.1 | -77.2% |
| Others | 28.1 | 16.8 | 34.9 | 17.2 | -15.1% |
| Total | 510 | 407 | 621 | 625 | 7.0% |
Top Export Markets for Footwear Treatments from Thailand in 2022:
- Myanmar (37.6 tons)
- Cambodia (20.4 tons)
- Lao People's Democratic Republic (7.7 tons)
- Vietnam (6.2 tons)
- Russia (5.2 tons)
- India (1.9 tons)
- Malaysia (1.4 tons)
- Nepal (0.2 tons)
- United Arab Emirates (0.1 tons)
This report provides an in-depth analysis of the footwear treatments 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 20414330 - Polishes, creams and similar preparations, for footwear or leather (excluding artificial and prepared waxes)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
690
In value terms, polishes, creams, scouring pastes and powders exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
847
In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
690
In value terms, polishes, creams, scouring pastes and powders exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
