Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (FOB) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (CIF) - 2022
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $4,033 per ton, standing approx. at the previous year. Over the period under review, the export price showed a pronounced downturn. The growth pace was the most rapid in 2021 an increase of 18% against the previous year. The export price peaked at $6,023 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($12,965 per ton), while the average price for exports to India ($1,850 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 Cote d'Ivoire (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $5,753 per ton in 2022, increasing by 6.1% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton yarn (other than sewing thread), put up for retail sale decreased by -14.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 88%. As a result, import price attained the peak level of $7,408 per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 France ($13,707 per ton), while the price for China ($4,306 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) (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand
In 2022, shipments abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -16.4% to 177 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, the exports attained the peak of 320 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale fell rapidly to $714K in 2022. In general, exports saw a abrupt decline. The smallest decline of -12.2% was in 2020.
Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | N/A | 51.2 | 308 | 275 | 131.8% |
India | 219 | 38.3 | 48.1 | 125 | -17.0% |
Cote d'Ivoire | N/A | 161 | 89.5 | 92.2 | -24.3% |
Malaysia | 4.8 | 2.8 | 0.2 | 73.7 | 148.5% |
Japan | 67.5 | 550 | 168 | 53.9 | -7.2% |
China | 604 | 186 | 105 | 1.1 | -87.8% |
Hong Kong SAR | 5.0 | 0.5 | 91.9 | 0.2 | -65.8% |
Others | 346 | 105 | 45.1 | 92.5 | -35.6% |
Total | 1,247 | 1,094 | 856 | 714 | -17.0% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Thailand in 2022:
- India (67.7 tons)
- Bangladesh (50.8 tons)
- Malaysia (21.0 tons)
- Cote d'Ivoire (17.5 tons)
- Japan (13.1 tons)
- China (0.3 tons)
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand
Imports of cotton yarn (other than sewing thread), put up for retail sale into Thailand contracted modestly to 84 tons in 2022, which is down by -4.1% against the previous year. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of 88 tons, and then contracted in the following year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale amounted to $484K in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 16%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 241 | 208 | 239 | 319 | 9.8% |
Japan | 94.4 | 64.8 | 112 | 75.9 | -7.0% |
France | 31.5 | 68.5 | 41.2 | 24.7 | -7.8% |
Others | 106 | 70.2 | 83.7 | 64.6 | -15.2% |
Total | 473 | 411 | 476 | 484 | 0.8% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Thailand in 2022:
- China (74.1 tons)
- Japan (5.8 tons)
- France (1.8 tons)
This report provides an in-depth analysis of the cotton yarn market in Thailand.
This report provides an in-depth analysis of the global cotton yarn market.
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
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