Thailand - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSewing Thread Price in Thailand - 2023
Contents:
- Sewing Thread Price in Thailand (CIF) - 2023
- Sewing Thread Price in Thailand (FOB) - 2023
- Sewing Thread Imports in Thailand
- Sewing Thread Exports in Thailand
Sewing Thread Price in Thailand (CIF) - 2023
The average sewing thread import price stood at $8,359 per ton in July 2023, dropping by -3.7% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 24% m-o-m. Over the period under review, average import prices hit record highs at $11,176 per ton in September 2022; however, from October 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($29,241 per ton), while the price for Taiwan (Chinese) ($778 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sewing Thread Price in Thailand (FOB) - 2023
In July 2023, the average sewing thread export price amounted to $10,363 per ton, shrinking by -13.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2023 an increase of 42% m-o-m. As a result, the export price reached the peak level of $13,326 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Vietnam ($18,464 per ton), while the average price for exports to Pakistan ($2,886 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Thread Imports in Thailand
In 2022, purchases abroad of sewing thread of man-made filaments or staple fibers decreased by -7% to 3K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 9.8%. As a result, imports reached the peak of 3.2K tons, and then contracted in the following year.
In value terms, sewing thread imports amounted to $25M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Sewing Thread in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.3 | 10.3 | 13.0 | 16.1 | 12.5% |
Vietnam | 0.9 | 1.2 | 2.6 | 2.2 | 34.7% |
Japan | 3.7 | 3.3 | 3.8 | 2.1 | -17.2% |
United Kingdom | 1.9 | 1.8 | 2.1 | 1.5 | -7.6% |
Hong Kong SAR | 1.4 | 1.4 | 0.9 | 0.9 | -13.7% |
South Korea | 0.4 | 1.0 | 0.3 | 0.3 | -9.1% |
India | 1.1 | 0.6 | 0.2 | 0.1 | -55.0% |
Others | 1.9 | 1.3 | 1.4 | 1.5 | -7.6% |
Total | 22.7 | 20.9 | 24.3 | 24.7 | 2.9% |
Top Suppliers of Sewing Thread to Thailand in 2022:
- China (2028.9 tons)
- Vietnam (407.1 tons)
- Japan (132.3 tons)
- South Korea (121.4 tons)
- United Kingdom (82.1 tons)
- Hong Kong SAR (50.8 tons)
- India (15.3 tons)
Sewing Thread Exports in Thailand
In 2022, after two years of decline, there was growth in shipments abroad of sewing thread of man-made filaments or staple fibers, when their volume increased by 1% to 1.8K tons. Overall, exports, however, recorded a pronounced curtailment.
In value terms, sewing thread exports declined slightly to $15M in 2022. In general, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 6.5% against the previous year.
Export of Sewing Thread in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 4.2 | 3.6 | 3.6 | 3.3 | -7.7% |
Cambodia | 4.0 | 3.1 | 4.1 | 3.2 | -7.2% |
Lao People's Democratic Republic | 3.3 | 2.0 | 2.6 | 2.5 | -8.8% |
Myanmar | 1.0 | 1.3 | 1.3 | 1.5 | 14.5% |
United States | 1.3 | 0.8 | 0.5 | 1.5 | 4.9% |
Pakistan | 1.1 | 0.9 | 1.3 | 1.1 | 0.0% |
Peru | 0.5 | 0.2 | 0.4 | 0.4 | -7.2% |
Bangladesh | 0.9 | 0.7 | N/A | N/A | -22.2% |
Others | 2.2 | 2.2 | 1.9 | 1.5 | -12.0% |
Total | 18.4 | 14.6 | 15.6 | 15.0 | -6.6% |
Top Export Markets for Sewing Thread from Thailand in 2022:
- Pakistan (397.8 tons)
- United States (261.3 tons)
- Lao People's Democratic Republic (255.9 tons)
- Cambodia (248.5 tons)
- Myanmar (189.0 tons)
- Vietnam (186.6 tons)
- Peru (63.9 tons)
- Bangladesh (1.1 tons)
This report provides an in-depth analysis of the sewing thread market 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 13108510 - Sewing thread of man-made filaments
- Prodcom 13108550 - Sewing thread of man-made staple fibres
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
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In June 2023, the price of Sewing Thread was $8,677 per ton (CIF, Thailand), showing a decrease of -2.1% compared to the previous month.
In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
In June 2023, the price of Sewing Thread was $8,677 per ton (CIF, Thailand), showing a decrease of -2.1% compared to the previous month.
In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...