Thailand: Market for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in Thailand

The Thai market for other synthetic tow and staple not carded, combed or otherwise processed for spinning rose slightly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in Thailand

In value terms, production of other synthetic tow and staple not carded, combed or otherwise processed for spinning dropped to $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Production of peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

Exports from Thailand

In 2022, overseas shipments of other synthetic tow and staple not carded, combed or otherwise processed for spinning decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2021, and then reduced markedly in the following year.

In value terms, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning reduced to $X in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Japan (X tons), China (X tons) and Indonesia (X tons) were the main destinations of exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning from Thailand, together accounting for X% of total exports. India, the United States and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Indonesia ($X) constituted the largest markets for other synthetic tow and staple not carded, combed or otherwise processed for spinning exported from Thailand worldwide, together accounting for X% of total exports. India, the United States and Malaysia lagged somewhat behind, together accounting for a further X%.

Malaysia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for other synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Malaysia ($X per ton) and the United States ($X per ton), while the average price for exports to India ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

Imports into Thailand

Imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning into Thailand rose to X tons in 2022, increasing by X% compared with the previous year. Over the period under review, total imports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports of attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of other synthetic tow and staple not carded, combed or otherwise processed for spinning to Thailand, accounting for a X% share of total imports. Moreover, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), threefold. Japan (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of other synthetic tow and staple not carded, combed or otherwise processed for spinning to Thailand, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average import price for other synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, continues to indicate a mild slump. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :