Report Update: May 1, 2024

Thailand - Pvc Floor Covering - Market Analysis, Forecast, Size, Trends And Insights

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Price for PVC Floor, Wall and Ceiling Coverings in Thailand - 2023

Price for PVC Floor, Wall and Ceiling Coverings in Thailand (CIF) - 2023

In November 2023, the average import price for PVC floor, wall and ceiling coverings amounted to $3.8 per square meter, approximately mirroring the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 24% m-o-m. As a result, import price attained the peak level of $4.6 per square meter. From April 2023 to November 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was South Korea ($3.7 per square meter), while the price for Vietnam ($3.1 per square meter) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced a decline.

Price for PVC Floor, Wall and Ceiling Coverings in Thailand (FOB) - 2023

In November 2023, the average export price for PVC floor, wall and ceiling coverings amounted to $3.8 per square meter, rising by 5.4% against the previous month. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 11% against the previous month. The export price peaked in November 2023.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United States ($3.8 per square meter), while the average price for exports to the Philippines ($2.5 per square meter) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of PVC Floor, Wall and Ceiling Coverings in Thailand

In 2022, approx. 18M square meters of PVC floor, wall and ceiling coverings were imported into Thailand; reducing by -5% compared with the previous year. Over the period under review, imports continue to indicate a abrupt slump. Over the period under review, imports of reached the maximum at 31M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of PVC floor, wall and ceiling coverings declined modestly to $70M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year. Imports peaked at $71M in 2021, and then contracted in the following year.

Import of PVC Floor, Wall and Ceiling Coverings in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	38.5	50.9	60.4	58.9	15.2%
South Korea	6.9	6.3	4.4	3.8	-18.0%
Vietnam	0.2	0.5	0.5	1.0	71.0%
Others	8.0	5.8	6.0	6.2	-8.1%
Total	53.7	63.5	71.4	70.0	9.2%

Top Suppliers of PVC Floor, Wall and Ceiling Coverings to Thailand in 2022:

China (16.1M square meters)
South Korea (0.8M square meters)
Vietnam (0.3M square meters)

Exports of PVC Floor, Wall and Ceiling Coverings in Thailand

For the third consecutive year, Thailand recorded decline in overseas shipments of PVC floor, wall and ceiling coverings, which decreased by -5.6% to 11M square meters in 2022. Over the period under review, exports continue to indicate a significant decline. Over the period under review, the exports of attained the maximum at 30M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of PVC floor, wall and ceiling coverings contracted to $37M in 2022. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 3.6%. Over the period under review, the exports of hit record highs at $46M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of PVC Floor, Wall and Ceiling Coverings in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	N/A	0.3	0.1	6.0	347.2%
Malaysia	2.5	2.5	4.5	3.9	16.0%
Indonesia	5.3	3.6	4.3	3.8	-10.5%
United Arab Emirates	1.4	3.3	4.0	2.4	19.7%
Myanmar	1.7	2.1	1.6	2.1	7.3%
Philippines	3.0	2.3	1.9	1.4	-22.4%
Vietnam	1.8	2.0	1.4	1.4	-8.0%
Togo	0.6	0.6	1.0	1.3	29.4%
Madagascar	1.1	1.7	1.7	1.2	2.9%
India	1.2	1.3	1.9	1.0	-5.9%
Nigeria	5.3	2.8	1.5	1.0	-42.6%
Mauritania	1.9	1.0	1.3	0.8	-25.0%
Somalia	1.1	0.7	0.7	0.7	-14.0%
Others	18.8	12.6	12.3	10.2	-18.4%
Total	45.6	36.9	38.3	37.2	-6.6%

Top Export Markets for PVC Floor, Wall and Ceiling Coverings from Thailand in 2022:

United States (1809.1K square meters)
Indonesia (1220.2K square meters)
Malaysia (1211.2K square meters)
United Arab Emirates (757.0K square meters)
Myanmar (625.9K square meters)
Philippines (464.2K square meters)
Togo (422.5K square meters)
Vietnam (344.5K square meters)
Madagascar (339.3K square meters)
Nigeria (292.2K square meters)
Mauritania (225.2K square meters)
Somalia (195.5K square meters)
India (186.4K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pvc floor, wall and ceiling coverings 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 22231155 - Floor coverings in rolls or in tiles and wall or ceiling coverings consisting of a support impregnated, coated or covered with polyvinyl chloride
Prodcom 22231159 - Other floor, wall, ceiling... coverings of polymers of vinyl chloride

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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