Thailand - Plaits And Similar Products Of Plaiting Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlaits and Basketwork Price in Thailand - 2023
Contents:
- Plaits and Basketwork Price in Thailand (FOB) - 2022
- Plaits and Basketwork Price in Thailand (CIF) - 2023
- Plaits and Basketwork Exports in Thailand
- Plaits and Basketwork Imports in Thailand
Plaits and Basketwork Price in Thailand (FOB) - 2022
The average plaits and basketwork export price stood at $4,396 per ton in 2022, surging by 10% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaits and basketwork export price increased by +9.5% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 32%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($19,681 per ton), while the average price for exports to Lao People's Democratic Republic ($1,048 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.
Plaits and Basketwork Price in Thailand (CIF) - 2023
The average plaits and basketwork import price stood at $3,974 per ton in September 2023, increasing by 19% against the previous month. Overall, import price indicated a mild expansion from September 2022 to September 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, plaits and basketwork import price increased by +19.2% against August 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 49% month-to-month. Over the period under review, average import prices hit record highs at $5,182 per ton in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Vietnam ($6,306 per ton), while the price for Cambodia ($572 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Plaits and Basketwork Exports in Thailand
In 2022, approx. 1.9K tons of plaits, basketwork, wickerwork and similar products of plaiting materials were exported from Thailand; shrinking by -12.9% against 2021. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 8.4%.
In value terms, plaits and basketwork exports declined modestly to $8.5M in 2022. Overall, exports saw a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year.
Export of Plaits and Basketwork in Thailand (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 737 | 1,087 | 1,816 | 2,494 | 50.1% |
Myanmar | 7.5 | 2,312 | 2,517 | 2,193 | 563.7% |
United States | 2,431 | 1,548 | 1,749 | 1,271 | -19.4% |
Lao People's Democratic Republic | 707 | 236 | 326 | 241 | -30.1% |
Cambodia | 1,202 | 831 | 166 | 210 | -44.1% |
Malaysia | 858 | 76.1 | 110 | 174 | -41.2% |
China | 77.7 | 75.5 | 115 | 115 | 14.0% |
New Caledonia | 104 | 72.2 | 143 | 86.4 | -6.0% |
Fiji | 21.7 | N/A | 0.3 | 80.5 | 54.8% |
United Arab Emirates | 254 | 159 | 276 | 29.8 | -51.0% |
Others | 2,829 | 1,479 | 1,598 | 1,584 | -17.6% |
Total | 9,228 | 7,875 | 8,816 | 8,478 | -2.8% |
Top Export Markets for Plaits and Basketwork from Thailand in 2022:
- Myanmar (865.5 tons)
- United States (232.2 tons)
- Lao People's Democratic Republic (230.1 tons)
- Hong Kong SAR (126.7 tons)
- Malaysia (85.9 tons)
- Cambodia (81.8 tons)
- Fiji (63.2 tons)
- China (38.5 tons)
- New Caledonia (33.0 tons)
- United Arab Emirates (9.1 tons)
Plaits and Basketwork Imports in Thailand
In 2022, plaits and basketwork imports into Thailand amounted to 2.1K tons, increasing by 14% against 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 41%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, plaits and basketwork imports soared to $6.9M in 2022. The total import value increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, 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 Plaits and Basketwork in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.2 | 3.6 | 3.9 | 4.7 | 13.7% |
Vietnam | 0.7 | 0.5 | 0.5 | 0.7 | 0.0% |
Italy | 0.4 | 0.2 | 0.3 | 0.6 | 14.5% |
Spain | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
Cambodia | 0.1 | 0.3 | 0.2 | 0.2 | 26.0% |
Others | 0.4 | 0.2 | 0.3 | 0.5 | 7.7% |
Total | 4.9 | 4.8 | 5.5 | 6.9 | 12.1% |
Top Suppliers of Plaits and Basketwork to Thailand in 2022:
- China (1513.1 tons)
- Vietnam (291.4 tons)
- Italy (114.5 tons)
- Cambodia (103.8 tons)
- Spain (34.1 tons)
This report provides an in-depth analysis of the plaits and basketwork 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 16292500 - Manufactures of straw, of esparto or of other plaiting materials, basket ware and wickerwork
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
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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
This report provides an in-depth analysis of the plaits and basketwork market in Thailand.
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This report provides an in-depth analysis of the global plaits and basketwork market.
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This report provides an in-depth analysis of the plaits and basketwork market in Thailand.
This report provides an in-depth analysis of the global plaits and basketwork market.
In 2016, approx. X tons of plaiting material were imported worldwide- standing approx. at the previous year figure. In general, plaiting material imports continue to indicate a abrupt decline. Th...
In 2016, the amount of plaiting material exported worldwide stood at X tons, lowering by -X% against the previous year level.
In 2016, approx. X tons of plaiting material were imported worldwide- standing approx. at the previous year figure. In general, plaiting material imports continue to indicate a abrupt decline. Th...
In 2016, the amount of plaiting material exported worldwide stood at X tons, lowering by -X% against the previous year level.