Glass Fibre Voiles Price in Thailand - 2022

Contents:

  1. Glass Fibre Voiles Price in Thailand (FOB) - 2021
  2. Glass Fibre Voiles Price in Thailand (CIF) - 2022
  3. Glass Fibre Voiles Exports in Thailand
  4. Glass Fibre Voiles Imports in Thailand

Glass Fibre Voiles Price in Thailand (FOB) - 2021

The average glass fibre voiles export price stood at $3,362 per ton in December 2021, declining by -6% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2021 an increase of 9.4% m-o-m. Over the period under review, the average export prices reached the peak figure at $3,683 per ton in October 2021; however, from November 2021 to December 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In December 2021, the country with the highest price was Pakistan ($3,405 per ton), while the average price for exports to Malaysia ($2,927 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (-0.1%), while the prices for the other major destinations experienced a decline.

Glass Fibre Voiles Price in Thailand (CIF) - 2022

The average glass fibre voiles import price stood at $5,191 per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2013 an increase of 22%. The import price peaked at $6,118 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,052 per ton), while the price for Taiwan (Chinese) totaled $4,887 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Voiles Exports in Thailand

In 2021, the amount of glass fibre voiles exported from Thailand surged to 1.8K tons, jumping by 38% on 2020. Overall, total exports indicated a significant increase from 2019 to 2021: its volume increased at an average annual rate of +34.5% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +80.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass fibre voiles exports surged to $6M in 2021. The total export value increased at an average annual rate of +6.5% over the period from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Glass Fibre Voiles in Thailand (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Pakistan4.23.95.615.5%
India1.10.40.4-39.7%
OthersN/AN/AN/A0%
Total5.34.36.06.4%

Top Export Markets for Glass Fibre Voiles from Thailand in 2022:

  1. Pakistan (1624.0 tons)
  2. India (123.6 tons)

Glass Fibre Voiles Imports in Thailand

In 2022, approx. 5.8 tons of glass fibre voiles were imported into Thailand; with a decrease of -98.4% compared with the previous year's figure. Over the period under review, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of 356 tons, and then reduced sharply in the following year.

In value terms, glass fibre voiles imports reduced rapidly to $30K in 2022. In general, imports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $1.9M, and then fell rapidly in the following year.

Import of Glass Fibre Voiles in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)28826427521.0-58.2%
United States2492664919.2-66.7%
Japan94.7176186N/A40.1%
China219251302N/A17.4%
United Kingdom28185.769.9N/A-50.1%
Poland94.747.3156N/A28.3%
Italy142169250N/A32.7%
Others141147138N/A-1.1%
Total1,5091,4061,86830.2-72.8%

Top Suppliers of Glass Fibre Voiles to Thailand in 2022:

  1. Taiwan (Chinese) (4.3 tons)
  2. United States (1.5 tons)

Source: IndexBox Market Intelligence Platform

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