Thailand - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Fabric Price in Thailand - 2023
Contents:
- Woolen Fabric Price in Thailand (CIF) - 2023
- Woolen Fabric Price in Thailand (FOB) - 2023
- Woolen Fabric Imports in Thailand
- Woolen Fabric Exports in Thailand
Woolen Fabric Price in Thailand (CIF) - 2023
In July 2023, the average woolen fabric import price amounted to $17.8 per square meter, remaining constant against the previous month. Over the period from September 2022 to July 2023, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in November 2022 when the average import price increased by 29% month-to-month. As a result, import price reached the peak level of $18.2 per square meter. From December 2022 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($60.5 per square meter), while the price for Taiwan (Chinese) ($2.4 per square meter) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Woolen Fabric Price in Thailand (FOB) - 2023
In July 2023, the average woolen fabric export price amounted to $7.0 per square meter, which is down by -65.6% against the previous month. In general, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in June 2023 an increase of 126% against the previous month. As a result, the export price attained the peak level of $20.4 per square meter, and then shrank remarkably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($13.7 per square meter), while the average price for exports to Singapore ($1.4 per square meter) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Fabric Imports in Thailand
In 2022, supplies from abroad of woven woolen fabrics was finally on the rise to reach 1.1M square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a noticeable reduction. Imports peaked at 1.2M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, woolen fabric imports surged to $14M in 2022. Overall, imports, however, continue to indicate a deep setback. Imports peaked at $17M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Woolen Fabric in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 7.2 | 3.7 | 5.7 | 7.0 | -0.9% |
| China | 6.6 | 5.7 | 2.9 | 4.8 | -10.1% |
| United Kingdom | 0.9 | 0.6 | 0.6 | 0.9 | 0.0% |
| Taiwan (Chinese) | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
| India | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Germany | 0.8 | N/A | 0.3 | N/A | -38.8% |
| Others | 1.3 | 0.8 | 1.4 | 1.0 | -8.4% |
| Total | 17.0 | 11.2 | 11.3 | 14.0 | -6.3% |
Top Suppliers of Woolen Fabric to Thailand in 2022:
- China (570.7K square meters)
- Italy (301.7K square meters)
- Taiwan (Chinese) (71.3K square meters)
- United Kingdom (43.7K square meters)
- India (20.1K square meters)
- Germany (4.9K square meters)
Woolen Fabric Exports in Thailand
In 2022, the amount of woven woolen fabrics exported from Thailand dropped remarkably to 292K square meters, shrinking by -34.3% compared with the year before. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 100% against the previous year. As a result, the exports attained the peak of 445K square meters, and then reduced notably in the following year.
In value terms, woolen fabric exports contracted rapidly to $3.3M in 2022. Overall, exports saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 77%. As a result, the exports attained the peak of $4.1M, and then dropped remarkably in the following year.
| Export of Woolen Fabric in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 1,481 | 1,040 | 1,019 | 985 | -12.7% |
| India | 561 | 455 | 759 | 792 | 12.2% |
| South Africa | 102 | 30.5 | 87.3 | 274 | 39.0% |
| Vietnam | 191 | 152 | 327 | 272 | 12.5% |
| Hong Kong SAR | 619 | 108 | 130 | 242 | -26.9% |
| Singapore | 53.1 | 78.1 | 42.8 | 129 | 34.4% |
| Malaysia | 9.4 | 0.8 | 2.9 | 48.5 | 72.8% |
| China | 345 | 105 | 67.0 | 38.8 | -51.7% |
| Myanmar | 112 | 0.9 | 0.2 | N/A | -95.8% |
| Others | 499 | 354 | 1,687 | 473 | -1.8% |
| Total | 3,973 | 2,325 | 4,121 | 3,254 | -6.4% |
Top Export Markets for Woolen Fabric from Thailand in 2022:
- Myanmar (undefinedK square meters)
- Pakistan (102.6K square meters)
- India (79.5K square meters)
- South Africa (25.0K square meters)
- Vietnam (24.1K square meters)
- Hong Kong SAR (17.1K square meters)
- Malaysia (8.7K square meters)
- Singapore (8.2K square meters)
- China (3.3K square meters)
This report provides an in-depth analysis of the woolen fabric 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 13201230 - Woven fabrics of carded wool or carded fine animal hair
- Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair
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 value terms, terry towelling and similar woven terry fabrics imports totaled $X in 2016. In general, terry towelling and similar woven terry fabrics imports continue to indicate a deep drop. In ...
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In value terms, woven fabrics of combed wool imports stood at $X in 2016. Overall, woven fabrics of combed wool imports continue to indicate a abrupt curtailment. Global woven fabrics of combed woo...
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