Price for Fibres; Synthetic Filament Tow, of Polyesters in Thailand - 2024

Contents:

1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Thailand (CIF) - 2022
2. Price for Fibres; Synthetic Filament Tow, of Polyesters in Thailand (FOB) - 2022
3. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Thailand
4. Exports of Fibres; Synthetic Filament Tow, of Polyesters in Thailand

Price for Fibres; Synthetic Filament Tow, of Polyesters in Thailand (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polyesterses stood at $2,914 per ton in 2022, picking up by 28% against the previous year. Over the period under review, the import price, however, recorded a slight decrease. The growth pace was the most rapid in 2014 an increase of 49% against the previous year. As a result, import price reached the peak level of $4,205 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 the United States ($3,657 per ton), while the price for China ($635 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Thailand (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of polyesterses amounted to $5,890 per ton, surging by 34% against the previous year. Over the period under review, the export price recorded pronounced growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 68%. The export price peaked at $6,922 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($11,495 per ton), while the average price for exports to Cambodia ($2,261 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 China (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Thailand

In 2022, supplies from abroad of fibres; synthetic filament tow, of polyesterses decreased by -37.6% to 517 tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw a mild increase. The pace of growth appeared the most rapid in 2020 with an increase of 72% against the previous year. As a result, imports reached the peak of 866 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fibres; synthetic filament tow, of polyesterses contracted significantly to $1.5M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 78%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Thailand in 2022:

1. United States (222.2 tons)
2. Germany (141.8 tons)
3. South Korea (104.7 tons)
4. China (45.2 tons)

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Thailand

In 2022, approx. 57 tons of fibres; synthetic filament tow, of polyesterses were exported from Thailand; with a decrease of -67.6% compared with the previous year. Overall, exports recorded a sharp decline. The smallest decline of -47.8% was in 2020.

In value terms, exports of fibres; synthetic filament tow, of polyesterses contracted markedly to $338K in 2022. Over the period under review, exports faced a sharp slump. The smallest decline of -30.4% was in 2020.

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Thailand in 2022:

1. Japan (40.5 tons)
2. Cambodia (10.7 tons)
3. Philippines (4.2 tons)
4. Vietnam (1.8 tons)

Source: IndexBox Market Intelligence Platform