Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand - 2024

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand (FOB) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand (CIF) - 2022
  3. Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand
  4. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $5,084 per ton, rising by 4.3% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 33% against the previous year. As a result, the export price reached the peak level of $6,909 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,281 per ton), while the average price for exports to Poland ($3,433 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 India (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $6,749 per ton in 2022, falling by -16% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 47%. The import price peaked at $11,500 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 Japan ($30,500 per ton), while the price for China ($4,727 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand

In 2022, shipments abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -28.6% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports reached the peak of 5.4K tons, and then declined rapidly in the following year.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds shrank remarkably to $20M in 2022. Over the period under review, total exports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +14.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, the exports reached the peak of $27M, and then reduced rapidly in the following year.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam9.812.916.910.42.0%
South Africa0.90.91.11.518.6%
Bangladesh0.10.10.21.0115.4%
India1.30.30.50.9-11.5%
United States0.30.30.60.838.7%
Argentina0.10.20.80.8100.0%
Italy0.40.30.30.57.7%
MyanmarN/A0.10.40.4100.0%
Indonesia0.70.22.20.4-17.0%
Sri Lanka1.00.80.50.4-26.3%
Pakistan0.10.10.10.344.2%
Poland0.30.40.50.30.0%
United Kingdom0.50.60.60.3-15.7%
Others1.60.91.81.84.0%
Total17.218.126.519.84.8%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Thailand in 2022:

  1. Vietnam (1930.3 tons)
  2. South Africa (341.4 tons)
  3. Argentina (223.9 tons)
  4. Bangladesh (212.8 tons)
  5. India (197.7 tons)
  6. United States (130.9 tons)
  7. Poland (96.8 tons)
  8. Italy (95.0 tons)
  9. Sri Lanka (80.5 tons)
  10. Myanmar (79.0 tons)
  11. United Kingdom (78.4 tons)
  12. Indonesia (77.4 tons)
  13. Pakistan (69.9 tons)

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand

Imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds into Thailand soared to 265 tons in 2022, growing by 91% compared with the year before. In general, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds skyrocketed to $1.8M in 2022. Over the period under review, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 139% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27032352755527.1%
Japan14.76.7142198137.9%
Indonesia8.49.628.1186180.8%
South Korea76848.7157169-39.6%
Taiwan (Chinese)73.731.466.014224.4%
Hong Kong SAR2.67.346.064.1191.0%
Vietnam37.932.41161.1-69.3%
Others6.36.935.4474322.2%
Total1,1824661,1161,78914.8%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Thailand in 2022:

  1. China (117.5 tons)
  2. South Korea (30.4 tons)
  3. Indonesia (21.4 tons)
  4. Taiwan (Chinese) (12.1 tons)
  5. Japan (6.5 tons)
  6. Hong Kong SAR (4.6 tons)
  7. Vietnam (0.1 tons)

Source: IndexBox Market Intelligence Platform

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