Thailand - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Woven Glass Fibre Articles in Thailand - 2022

Contents:

  1. Price for Non-Woven Glass Fibre Articles in Thailand (CIF) - 2022
  2. Price for Non-Woven Glass Fibre Articles in Thailand (FOB) - 2021
  3. Imports of Non-Woven Glass Fibre Articles in Thailand
  4. Exports of Non-Woven Glass Fibre Articles in Thailand

Price for Non-Woven Glass Fibre Articles in Thailand (CIF) - 2022

The average non-woven glass fibre articles import price stood at $2,869 per ton in 2022, reducing by -12.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 15%. Over the period under review, average import prices hit record highs at $3,502 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($8,564 per ton), while the price for Turkey ($2,194 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Woven Glass Fibre Articles in Thailand (FOB) - 2021

The average non-woven glass fibre articles export price stood at $2,021 per ton in December 2021, growing by 11% against the previous month. Over the period under review, the export price recorded a slight expansion. The most prominent rate of growth was recorded in February 2021 when the average export price increased by 61% m-o-m. As a result, the export price attained the peak level of $3,474 per ton. From March 2021 to December 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Brazil ($3,657 per ton), while the average price for exports to Cambodia ($690 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Woven Glass Fibre Articles in Thailand

In 2022, supplies from abroad of non-woven glass fibre webs, felts, mattresses and boards decreased by -98.8% to 118 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports faced a dramatic descent. The growth pace was the most rapid in 2020 when imports increased by 39% against the previous year.

In value terms, non-woven glass fibre articles imports shrank notably to $340K in 2022. In general, imports saw a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of $31M, and then fell significantly in the following year.

Import of Non-Woven Glass Fibre Articles in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.412.517.80.2-73.2%
TurkeyN/A1.53.10.1-74.2%
Finland0.50.41.20.1-41.5%
Japan1.41.01.1N/A-11.4%
United Kingdom0.80.60.6N/A-13.4%
Taiwan (Chinese)1.62.84.5N/A67.7%
Others2.52.22.6N/A2.0%
Total17.221.131.00.3-74.1%

Top Suppliers of Non-Woven Glass Fibre Articles to Thailand in 2022:

  1. China (69.4 tons)
  2. Turkey (41.3 tons)
  3. Finland (7.5 tons)
  4. Japan (0.3 tons)

Exports of Non-Woven Glass Fibre Articles in Thailand

In 2022, the amount of non-woven glass fibre webs, felts, mattresses and boards exported from Thailand declined dramatically to 3K tons, with a decrease of -32.3% against 2021 figures. Over the period under review, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 144%. As a result, the exports reached the peak of 4.4K tons, and then shrank significantly in the following year.

In value terms, non-woven glass fibre articles exports contracted notably to $7.1M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.7% 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 +38.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. As a result, the exports reached the peak of $9M, and then shrank notably in the following year.

Export of Non-Woven Glass Fibre Articles in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2,6207811,3591,603-15.1%
Myanmar62.67499771,074157.9%
China1,3341,262196949-10.7%
Australia6195456407044.4%
Philippines35437845449912.1%
Taiwan (Chinese)16730532936129.3%
United States24.258.9324357145.3%
Vietnam35.515.3271297103.0%
India13045.517919614.7%
Cambodia27.925.316518186.5%
Malaysia12917916117711.1%
LithuaniaN/AN/A1,477N/A0%
ItalyN/A136333N/A144.9%
Others3226272,17767628.0%
Total5,8255,1069,0407,0736.7%

Top Export Markets for Non-Woven Glass Fibre Articles from Thailand in 2022:

  1. Australia (699.7 tons)
  2. Japan (681.7 tons)
  3. Myanmar (599.2 tons)
  4. Vietnam (218.4 tons)
  5. Taiwan (Chinese) (104.9 tons)
  6. United States (104.0 tons)
  7. Cambodia (101.2 tons)
  8. India (94.7 tons)
  9. China (91.9 tons)
  10. Malaysia (80.2 tons)
  11. Philippines (75.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-woven glass fibre articles 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 23141250 - Non-woven glass fibre webs, felts, mattresses and boards

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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