Thailand - Terry Towelling (Excluding Of Cotton) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Terry Towelling (Excluding Of Cotton) - Market Analysis, Forecast, Size, Trends And Insights

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Non-Cotton Terry Towelling Price in Thailand - 2023

Contents:

  1. Non-Cotton Terry Towelling Price in Thailand (CIF) - 2023
  2. Non-Cotton Terry Towelling Price in Thailand (FOB) - 2022
  3. Non-Cotton Terry Towelling Imports in Thailand
  4. Non-Cotton Terry Towelling Exports in Thailand

Non-Cotton Terry Towelling Price in Thailand (CIF) - 2023

The average non-cotton terry towelling import price stood at $214 per thousand square meters in September 2023, which is down by -18.3% against the previous month. Overall, the import price, however, recorded strong growth. The pace of growth was the most pronounced in October 2022 an increase of 355% month-to-month. As a result, import price attained the peak level of $0.4 per square meter. From November 2022 to September 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to +10.0% per month.

Non-Cotton Terry Towelling Price in Thailand (FOB) - 2022

In 2022, the average non-cotton terry towelling export price amounted to $0.1 per square meter, growing by 40% against the previous year. In general, the export price, however, showed a slight downturn. The pace of growth was the most pronounced in 2019 an increase of 42%. Over the period under review, the average export prices hit record highs at $0.1 per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($0.1 per square meter), while the average price for exports to Lao People's Democratic Republic (less than $0.1 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 Cameroon (+35.4%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Cotton Terry Towelling Imports in Thailand

In 2022, after three years of growth, there was significant decline in overseas purchases of terry towelling (excluding of cotton), when their volume decreased by -74.5% to 36M square meters. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 2,009% against the previous year. Imports peaked at 141M square meters in 2021, and then fell notably in the following year.

In value terms, non-cotton terry towelling imports declined remarkably to $264K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 254% against the previous year. Imports peaked at $1.2M in 2021, and then declined remarkably in the following year.

Import of Non-Cotton Terry Towelling in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China38.53561,20925387.3%
Malaysia59.0N/AN/AN/A0%
Others4.54.32.211.436.3%
Total1023601,21126437.3%

Top Suppliers of Non-Cotton Terry Towelling to Thailand in 2022:

  1. China (35.4M square meters)

Non-Cotton Terry Towelling Exports in Thailand

In 2022, approx. 2.3M square meters of terry towelling (excluding of cotton) were exported from Thailand; which is down by -14.6% on the previous year. In general, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 139% against the previous year. As a result, the exports attained the peak of 2.6M square meters, and then dropped in the following year.

In value terms, non-cotton terry towelling exports skyrocketed to $137K in 2022. Over the period under review, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 124% against the previous year. The exports peaked at $171K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Non-Cotton Terry Towelling in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar21.527.887.899.466.6%
Maldives81.97.61.030.0-28.4%
South Korea30.70.22.10.4-76.5%
Lao People's Democratic Republic12.11.25.90.1-79.8%
Others25.014.417.97.4-33.4%
Total17151.2115137-7.1%

Top Export Markets for Non-Cotton Terry Towelling from Thailand in 2022:

  1. Myanmar (1812.0K square meters)
  2. Maldives (361.3K square meters)
  3. South Korea (3.4K square meters)
  4. Lao People's Democratic Republic (2.3K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-cotton terry towelling 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 13204300 - Terry towelling and similar woven terry fabrics (excluding of cotton)

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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