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Thailand - Glass Fiber Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fibre Fabrics Price in Thailand - 2022
Contents:
- Glass Fibre Fabrics Price in Thailand (CIF) - 2022
- Glass Fibre Fabrics Price in Thailand (FOB) - 2022
- Glass Fibre Fabrics Imports in Thailand
- Glass Fibre Fabrics Exports in Thailand
Glass Fibre Fabrics Price in Thailand (CIF) - 2022
The average glass fibre fabrics import price stood at $3,928 per ton in January 2022, with a decrease of -11.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in August 2021 when the average import price increased by 18% against the previous month. The import price peaked at $5,026 per ton in September 2021; however, from October 2021 to January 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($16,167 per ton), while the price for South Korea ($2,785 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Fibre Fabrics Price in Thailand (FOB) - 2022
In 2021, the average glass fibre fabrics export price amounted to $2,624 per ton, which is down by -11.5% against the previous year. Overall, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $6,208 per ton. From 2020 to 2021, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($8,628 per ton), while the average price for exports to Poland ($679 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.4%), while the prices for the other major destinations experienced a decline.
Glass Fibre Fabrics Imports in Thailand
In 2022, the amount of glass fibre fabrics imported into Thailand expanded remarkably to 18K tons, picking up by 6.3% on the year before. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 55% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, glass fibre fabrics imports dropped rapidly to $1.1M in 2022. Over the period under review, imports, however, faced a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, imports reached the peak of $72M, and then reduced rapidly in the following year.
Import of Glass Fibre Fabrics in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 8.8 | 5.6 | 11.5 | 0.7 | -57.0% |
China | 23.7 | 29.5 | 31.7 | 0.2 | -79.6% |
South Korea | 0.3 | 0.4 | 1.2 | 0.2 | -12.6% |
Japan | 9.1 | 11.3 | 13.7 | 0.1 | -77.8% |
Others | 3.7 | 3.2 | 13.7 | N/A | 92.4% |
Total | 45.5 | 49.9 | 71.9 | 1.1 | -71.1% |
Top Suppliers of Glass Fibre Fabrics to Thailand in 2022:
- Japan (undefinedK tons)
- South Korea (undefinedK tons)
- Taiwan (Chinese) (0.2K tons)
- China (0.1K tons)
Glass Fibre Fabrics Exports in Thailand
In 2022, after three years of growth, there was significant decline in overseas shipments of glass fibre fabrics, when their volume decreased by -23.8% to 2.2K tons. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 121%.
In value terms, glass fibre fabrics exports fell significantly to $6M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. As a result, the exports reached the peak of $7.5M, and then dropped remarkably in the following year.
Export of Glass Fibre Fabrics in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Philippines | 849 | 1,073 | 1,797 | 45.5% | |
Japan | 301 | 467 | 1,265 | 105.0% | |
Indonesia | 1,677 | 941 | 1,244 | -13.9% | |
United States | 124 | 443 | 569 | 114.2% | |
Spain | N/A | 93.7 | 526 | 461.4% | |
Taiwan (Chinese) | 306 | 320 | 510 | 29.1% | |
Sweden | N/A | 27.1 | 205 | 656.5% | |
South Korea | 129 | 93.6 | 149 | 7.5% | |
Italy | N/A | 30.4 | 118 | 288.2% | |
Germany | 70.2 | 41.0 | 61.1 | -6.7% | |
Poland | N/A | 35.3 | 47.1 | 33.4% | |
Slovenia | N/A | 12.2 | 40.1 | 228.7% | |
Others | 733 | 850 | 960 | 14.4% | |
Total | 4,189 | 4,428 | 7,493 | 33.7% |
Top Export Markets for Glass Fibre Fabrics from Thailand in 2022:
- Philippines (731.7 tons)
- Indonesia (303.2 tons)
- United States (269.7 tons)
- Taiwan (Chinese) (232.0 tons)
- Japan (146.7 tons)
- Sweden (94.0 tons)
- Spain (91.7 tons)
- Poland (69.4 tons)
- Slovenia (56.2 tons)
- South Korea (52.2 tons)
- Italy (39.5 tons)
- Germany (39.4 tons)
This report provides an in-depth analysis of the glass fibre fabrics 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 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
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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