Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Thailand - 2024

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Thailand (FOB) - 2022
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Thailand (CIF) - 2024
3. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Thailand
4. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Thailand

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Thailand (FOB) - 2022

The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $1,121 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses increased by +63.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 64%. Over the period under review, the average export prices hit record highs at $1,387 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3,152 per ton), while the average price for exports to Malaysia ($534 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 (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Thailand (CIF) - 2024

The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $532 per ton in January 2024, reducing by -24.5% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 40% m-o-m. The import price peaked at $792 per ton in March 2023; however, from April 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1,263 per ton), while the price for Taiwan (Chinese) ($365 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Thailand

In 2022, approx. 5.8K tons of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were exported from Thailand; picking up by 65% compared with 2021. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 113% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $6.5M in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 248%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Thailand in 2022:

1. India (3.8K tons)
2. Pakistan (1.4K tons)
3. Malaysia (0.5K tons)

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Thailand

In 2022, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses into Thailand fell notably to 4.7K tons, declining by -19.6% on the previous year. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports reached the peak of 5.9K tons, and then shrank remarkably in the following year.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses declined remarkably to $2.8M in 2022. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 31%. As a result, imports reached the peak of $3.7M, and then dropped remarkably in the following year.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Thailand in 2022:

1. Taiwan (Chinese) (2321.1 tons)
2. Vietnam (1117.9 tons)
3. Japan (928.9 tons)
4. Singapore (228.1 tons)
5. China (79.5 tons)
6. Indonesia (24.9 tons)

Source: IndexBox Market Intelligence Platform