Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand - 2024

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand (CIF) - 2024
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand (FOB) - 2022
  3. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand
  4. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand (CIF) - 2024

The average import price for yarn of carded wool, not put up for retail sale stood at $20,041 per ton in January 2024, jumping by 300% against the previous month. In general, the import price posted a strong expansion. The import price peaked at $20,079 per ton in June 2023; however, from July 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was South Korea ($27,674 per ton), while the price for Portugal ($5,874 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 China (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand (FOB) - 2022

The average export price for yarn of carded wool, not put up for retail sale stood at $10,635 per ton in 2022, picking up by 14% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 15%. Over the period under review, the average export prices reached the maximum at $11,913 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($26,806 per ton), while the average price for exports to Vietnam ($2,222 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 New Zealand (+2.4%), while the prices for the other major destinations experienced a decline.

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand

In 2022, imports of yarn of carded wool, not put up for retail sale into Thailand soared to 929 tons, growing by 18% on 2021. In general, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 21%.

In value terms, imports of yarn of carded wool, not put up for retail sale totaled $16M in 2022. Over the period under review, imports, however, faced a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 10%.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.412.312.613.5-14.2%
South Korea0.7N/A0.51.426.0%
Portugal0.30.10.10.1-30.7%
IndiaN/A0.10.20.10.0%
Turkey0.70.1N/AN/A-85.7%
Others0.70.30.90.5-10.6%
Total23.712.914.215.6-13.0%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Thailand in 2022:

  1. China (835.0 tons)
  2. South Korea (40.4 tons)
  3. India (18.4 tons)
  4. Portugal (18.3 tons)

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand

In 2022, overseas shipments of yarn of carded wool, not put up for retail sale decreased by -45.2% to 21 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 71% against the previous year. As a result, the exports reached the peak of 64 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of yarn of carded wool, not put up for retail sale fell markedly to $227K in 2022. In general, exports showed a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 25%. As a result, the exports reached the peak of $556K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar22232918281.0-28.5%
New Zealand43.936.239.761.812.1%
Australia39.160.757.951.29.4%
ChinaN/A6.8N/A16.656.2%
United States5.13.58.49.924.7%
United Arab Emirates93.810672.63.3-67.2%
Philippines19.9N/AN/AN/A0%
Others20.014.41.43.0-46.9%
Total444556362227-20.0%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Thailand in 2022:

  1. Qatar (7.7 tons)
  2. New Zealand (6.6 tons)
  3. Australia (4.3 tons)
  4. United States (1.3 tons)
  5. China (0.6 tons)
  6. United Arab Emirates (0.4 tons)

Source: IndexBox Market Intelligence Platform

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