Price for Braids; in the Piece in Thailand - 2023

Contents:

  1. Price for Braids; in the Piece in Thailand (FOB) - 2022
  2. Price for Braids; in the Piece in Thailand (CIF) - 2022
  3. Exports of Braids; in the Piece in Thailand
  4. Imports of Braids; in the Piece in Thailand

Price for Braids; in the Piece in Thailand (FOB) - 2022

The average braids; in the piece export price stood at $8,676 per ton in 2022, picking up by 6.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 20%. Over the period under review, the average export prices hit record highs at $12,541 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($23,834 per ton), while the average price for exports to Cambodia ($5,348 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 Hong Kong SAR (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Braids; in the Piece in Thailand (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $12,045 per ton, jumping by 67% against the previous year. Overall, the import price posted a measured expansion. The import price peaked at $12,763 per ton in 2018; however, from 2019 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 Taiwan (Chinese) ($62,232 per ton), while the price for China ($5,448 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) (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Braids; in the Piece in Thailand

In 2022, overseas shipments of braids; in the pieces decreased by -11.1% to 190 tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 73%. As a result, the exports reached the peak of 265 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, braids; in the piece exports shrank to $1.7M in 2022. In general, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of $2.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Braids; in the Piece in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar4.2770567371345.4%
Indonesia506277300291-16.8%
Vietnam335285260279-5.9%
United Arab Emirates234116150177-8.9%
United States318196149162-20.1%
Cambodia12154.884.283.6-11.6%
Canada11516639.060.3-19.4%
Singapore57.910351.948.6-5.7%
Others230216142179-8.0%
Total1,9212,1841,7441,650-4.9%

Top Export Markets for Braids; in the Piece from Thailand in 2022:

  1. Myanmar (59.2 tons)
  2. Vietnam (35.2 tons)
  3. United States (20.7 tons)
  4. United Arab Emirates (20.0 tons)
  5. Cambodia (15.6 tons)
  6. Indonesia (12.2 tons)
  7. Canada (7.6 tons)
  8. Singapore (5.6 tons)

Imports of Braids; in the Piece in Thailand

In 2022, the amount of braids; in the pieces imported into Thailand shrank rapidly to 38 tons, which is down by -41.1% against 2021 figures. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 83%. As a result, imports reached the peak of 64 tons, and then reduced rapidly in the following year.

In value terms, braids; in the piece imports shrank to $453K in 2022. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year.

Import of Braids; in the Piece in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China75.015531016429.8%
Taiwan (Chinese)57.169.749.210221.3%
United States6.719.341.185.5133.7%
India30.260.017.631.00.9%
Pakistan2970.50.20.1-93.0%
Others71.543.442.670.6-0.4%
Total537348460453-5.5%

Top Suppliers of Braids; in the Piece to Thailand in 2022:

  1. Pakistan (undefined tons)
  2. China (30.2 tons)
  3. India (2.3 tons)
  4. United States (2.1 tons)
  5. Taiwan (Chinese) (1.6 tons)

Source: IndexBox Market Intelligence Platform

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