Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand - 2024
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand (FOB) - 2022
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand (CIF) - 2022
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand (FOB) - 2022
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $24 per unit in 2022, reducing by -30.9% against the previous year. Overall, the export price showed a sharp decline. The growth pace was the most rapid in 2013 an increase of 7.9% against the previous year. As a result, the export price reached the peak level of $372 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($51 per unit), while the average price for exports to Myanmar ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (-12.7%), while the prices for the other major destinations experienced a decline.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand (CIF) - 2022
In 2022, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $38 per unit, jumping by 45% against the previous year. Overall, the import price, however, faced a sharp shrinkage. Over the period under review, average import prices attained the peak figure at $2,113 per unit in 2012; however, from 2013 to 2022, import prices stood 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 Spain ($356 per unit), while the price for China ($7.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-25.5%), while the prices for the other major suppliers experienced a decline.
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand
In 2022, exports of articles of apparel and clothing accessories, of leather or of composition leather from Thailand soared to 4M units, jumping by 92% compared with the previous year. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather soared to $97M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +72.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 33.7 | 31.8 | 41.2 | 62.0 | 22.5% |
Japan | 6.9 | 5.2 | 6.2 | 6.8 | -0.5% |
South Korea | 3.8 | 3.7 | 2.8 | 5.5 | 13.1% |
Netherlands | 2.3 | 2.0 | 3.5 | 3.6 | 16.1% |
United Kingdom | 2.1 | 2.0 | 3.0 | 3.1 | 13.9% |
China | 5.6 | 2.2 | 2.5 | 2.8 | -20.6% |
Canada | 1.5 | 1.3 | 3.2 | 2.4 | 17.0% |
Singapore | 1.2 | 1.2 | 2.0 | 1.9 | 16.6% |
Australia | 1.3 | 1.1 | 2.0 | 1.8 | 11.5% |
Belgium | 1.8 | 1.6 | 1.2 | 1.2 | -12.6% |
Lao People's Democratic Republic | 0.2 | 0.2 | 0.5 | 0.5 | 35.7% |
Myanmar | 0.4 | 0.1 | 0.1 | 0.2 | -20.6% |
United Arab Emirates | 0.3 | 0.1 | 0.3 | 0.2 | -12.6% |
Others | 6.1 | 3.9 | 4.8 | 5.4 | -4.0% |
Total | 67.1 | 56.5 | 73.3 | 97.4 | 13.2% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Thailand in 2022:
- United States (2406.0K units)
- Japan (278.4K units)
- Lao People's Democratic Republic (192.4K units)
- South Korea (188.7K units)
- Netherlands (128.0K units)
- Myanmar (112.4K units)
- United Kingdom (112.2K units)
- Canada (88.8K units)
- China (83.8K units)
- Singapore (68.3K units)
- Australia (68.3K units)
- Belgium (53.3K units)
- United Arab Emirates (38.4K units)
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand
In 2022, supplies from abroad of articles of apparel and clothing accessories, of leather or of composition leather increased by 14% to 851K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a slight descent. Imports peaked at 889K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather soared to $33M in 2022. In general, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some 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.
Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 3.5 | 2.7 | 3.4 | 7.1 | 26.6% |
China | 6.8 | 5.8 | 5.1 | 5.4 | -7.4% |
India | 1.3 | 0.8 | 0.7 | 0.9 | -11.5% |
Others | 16.6 | 12.0 | 10.4 | 19.2 | 5.0% |
Total | 28.2 | 21.3 | 19.7 | 32.6 | 5.0% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Thailand in 2022:
- China (745.1K units)
- Spain (20.0K units)
- India (14.9K units)
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