Thailand - Furnishing Articles, Furniture and Cushion Covers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Furnishing Article, Furniture and Cushion Cover in Thailand - 2023
Contents:
- Price for Furnishing Article, Furniture and Cushion Cover in Thailand (FOB) - 2023
- Price for Furnishing Article, Furniture and Cushion Cover in Thailand (CIF) - 2023
- Exports of Furnishing Article, Furniture and Cushion Cover in Thailand
- Imports of Furnishing Article, Furniture and Cushion Cover in Thailand
Price for Furnishing Article, Furniture and Cushion Cover in Thailand (FOB) - 2023
In July 2023, the average export price for furnishing articles, furniture and cushion covers amounted to $4,852 per ton, reducing by -21.5% against the previous month. Overall, the export price continues to indicate a mild contraction. The most prominent rate of growth was recorded in June 2023 an increase of 28% against the previous month. As a result, the export price attained the peak level of $6,180 per ton, and then reduced sharply in the following month.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Malaysia ($5,263 per ton), while the average price for exports to Tanzania ($3,127 per ton) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Furnishing Article, Furniture and Cushion Cover in Thailand (CIF) - 2023
The average import price for furnishing articles, furniture and cushion covers stood at $5,269 per ton in July 2023, declining by -7.1% against the previous month. In general, the import price, however, recorded buoyant growth. The pace of growth appeared the most rapid in November 2022 an increase of 112% m-o-m. Over the period under review, average import prices reached the maximum at $5,674 per ton in June 2023, and then declined in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to July 2023, the rate of growth in terms of prices for China amounted to +7.6% per month.
Exports of Furnishing Article, Furniture and Cushion Cover in Thailand
In 2022, the amount of furnishing articles, furniture and cushion covers exported from Thailand rose rapidly to 3.2K tons, with an increase of 10% against 2021. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.4% 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 +83.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 68% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of furnishing articles, furniture and cushion covers rose rapidly to $15M in 2022. In general, exports, however, saw a drastic downturn.
| Export of Furnishing Article, Furniture and Cushion Cover in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 4.2 | 4.1 | 3.4 | 3.8 | -3.3% |
| Niger | N/A | N/A | N/A | 2.7 | 0% |
| Myanmar | 0.1 | 1.2 | 1.2 | 1.7 | 157.1% |
| United Arab Emirates | 0.7 | 1.2 | 1.5 | 1.2 | 19.7% |
| Mozambique | 0.1 | 2.2 | N/A | 1.0 | 115.4% |
| Lao People's Democratic Republic | 0.8 | 0.8 | 0.8 | 0.9 | 4.0% |
| United States | 0.5 | 0.8 | 1.0 | 0.9 | 21.6% |
| Saudi Arabia | 0.5 | 0.4 | 0.3 | 0.1 | -41.5% |
| China | 5.8 | N/A | N/A | 0.1 | -74.2% |
| Malawi | N/A | N/A | 1.8 | N/A | 0% |
| Democratic Republic of the Congo | N/A | N/A | 1.4 | N/A | 0% |
| Others | 5.6 | 6.1 | 3.2 | 3.1 | -17.9% |
| Total | 18.2 | 16.8 | 14.5 | 15.4 | -5.4% |
Top Export Markets for Furnishing Article, Furniture and Cushion Cover from Thailand in 2022:
- Cambodia (1006.2 tons)
- Myanmar (490.1 tons)
- Niger (462.6 tons)
- United Arab Emirates (295.1 tons)
- Lao People's Democratic Republic (192.7 tons)
- Mozambique (161.6 tons)
- United States (138.3 tons)
- Saudi Arabia (27.2 tons)
- China (2.2 tons)
Imports of Furnishing Article, Furniture and Cushion Cover in Thailand
For the fourth year in a row, Thailand recorded growth in purchases abroad of furnishing articles, furniture and cushion covers, which increased by 17% to 3.4K tons in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 181% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of furnishing articles, furniture and cushion covers reduced remarkably to $9.7M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 101%. As a result, imports attained the peak of $12M, and then dropped sharply in the following year.
| Import of Furnishing Article, Furniture and Cushion Cover in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 4.9 | 10.7 | 8.4 | 47.8% |
| Others | 1.1 | 0.9 | 0.9 | 1.3 | 5.7% |
| Total | 3.7 | 5.8 | 11.6 | 9.7 | 37.9% |
Top Suppliers of Furnishing Article, Furniture and Cushion Cover to Thailand in 2022:
- China (3.3K tons)
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover 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 13921660 - Furnishing articles including furniture and cushion covers as well as cushion covers, etc. for car seats (excluding blankets, t ravelling rugs, bed linen, table linen, toilet linen, kitchen linen, curtains, blinds, valances and bedspreads)
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
-
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
361
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover in Thailand.
291
This report provides an in-depth analysis of the bedspread market in Thailand.
447
This report provides an in-depth analysis of the global market for furnishing article, furniture and cushion cover.
377
This report provides an in-depth analysis of the global bedspread market.
361
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover in Thailand.
291
This report provides an in-depth analysis of the bedspread market in Thailand.
447
This report provides an in-depth analysis of the global market for furnishing article, furniture and cushion cover.
377
This report provides an in-depth analysis of the global bedspread market.
1145
In value terms, furnishing articles imports stood at $X in 2016. Overall, furnishing articles imports continue to indicate a relatively flat trend pattern. Global furnishing articles import peaked of...
1167
In value terms, furnishing articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
1145
In value terms, furnishing articles imports stood at $X in 2016. Overall, furnishing articles imports continue to indicate a relatively flat trend pattern. Global furnishing articles import peaked of...
1167
In value terms, furnishing articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
