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

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

The Thai market for polyester tow and staple, not carded, combed or otherwise processed for spinning skyrocketed to $X in 2022, with an increase of X% against the previous year. In general, consumption enjoyed resilient growth. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

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

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning shrank to $X in 2022 estimated in export price. In general, 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 was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

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

Exports from Thailand

In 2022, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by X% to X tons, falling for the second consecutive year after nine years of growth. In general, total exports indicated a strong 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, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning fell to $X in 2022. The total export 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. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United States (X tons), Vietnam (X tons) and Indonesia (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Thailand, with a combined X% share of total exports. Bangladesh, China, Pakistan, Brazil, India, Mexico, Japan, the Philippines, Australia and Spain 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 Mexico (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from Thailand were the United States ($X), Vietnam ($X) and Indonesia ($X), with a combined X% share of total exports. Bangladesh, Japan, Pakistan, Brazil, India, China, Mexico, the Philippines, Australia and Spain lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to China ($X 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 Japan (X%), while the prices for the other major destinations experienced a decline.

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

Imports into Thailand

Imports of polyester tow and staple, not carded, combed or otherwise processed for spinning into Thailand declined to X tons in 2022, which is down by X% on 2021 figures. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning fell modestly to $X in 2022. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Thailand, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Thailand were China ($X), Taiwan (Chinese) ($X) and South Korea ($X), together accounting for X% of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, showed a perceptible contraction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 Japan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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