Price for Embroidery; in the Piece, in Strips or in Motifs in Thailand - 2024
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Thailand (FOB) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Thailand (CIF) - 2024
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Thailand
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Thailand
Price for Embroidery; in the Piece, in Strips or in Motifs in Thailand (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $30,718 per ton, with an increase of 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 19%. The export price peaked in 2022 and is likely to see steady growth in the near future.
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 Bolivia ($83,627 per ton), while the average price for exports to Brazil ($11,967 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 the United Arab Emirates (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Embroidery; in the Piece, in Strips or in Motifs in Thailand (CIF) - 2024
In September 2023, the average import price for embroidery; in the piece, in strips or in motifses amounted to $40,347 per ton, reducing by -46.3% against the previous month. In general, the import price, however, recorded buoyant growth. The growth pace was the most rapid in May 2023 when the average import price increased by 179% against the previous month. The import price peaked at $75,101 per ton in August 2023, and then reduced rapidly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Hong Kong SAR ($306K per ton), while the price for South Korea ($9,237 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Embroidery; in the Piece, in Strips or in Motifs in Thailand
Exports of embroidery; in the piece, in strips or in motifses from Thailand soared to 2.8K tons in 2022, increasing by 16% compared with 2021. Overall, exports, however, saw a pronounced slump. The growth pace was the most rapid in 2021 with an increase of 28%.
In value terms, exports of embroidery; in the piece, in strips or in motifses surged to $87M in 2022. In general, exports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.
Export of Embroidery; in the Piece, in Strips or in Motifs in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Senegal | 45.0 | 20.4 | 16.8 | 17.3 | -27.3% |
United Arab Emirates | 4.4 | 5.7 | 10.4 | 14.3 | 48.1% |
United States | 10.7 | 7.7 | 9.9 | 12.7 | 5.9% |
Myanmar | 0.1 | 3.8 | 6.6 | 8.1 | 332.7% |
Bolivia | 1.0 | 0.6 | 3.0 | 3.8 | 56.0% |
Chile | 5.7 | 2.3 | 2.8 | 3.6 | -14.2% |
Cambodia | 2.2 | 1.5 | 1.9 | 2.9 | 9.6% |
Sri Lanka | 0.7 | 0.3 | 1.3 | 1.8 | 37.0% |
Brazil | 0.8 | 0.5 | 1.6 | 1.5 | 23.3% |
Nigeria | 2.0 | 1.1 | 1.4 | 1.4 | -11.2% |
Gambia | 8.3 | 1.0 | 0.9 | 1.1 | -49.0% |
Guatemala | 0.9 | 0.8 | 0.8 | 0.9 | 0.0% |
Others | 17.1 | 11.3 | 15.0 | 17.4 | 0.6% |
Total | 98.8 | 57.0 | 72.4 | 86.7 | -4.3% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Thailand in 2022:
- Senegal (674.7 tons)
- Myanmar (623.5 tons)
- United Arab Emirates (305.4 tons)
- United States (173.2 tons)
- Brazil (124.0 tons)
- Chile (117.6 tons)
- Guatemala (54.6 tons)
- Gambia (54.0 tons)
- Cambodia (53.2 tons)
- Sri Lanka (52.1 tons)
- Bolivia (45.5 tons)
- Nigeria (32.0 tons)
Imports of Embroidery; in the Piece, in Strips or in Motifs in Thailand
In 2022, purchases abroad of embroidery; in the piece, in strips or in motifses increased by 11% to 715 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a noticeable curtailment.
In value terms, imports of embroidery; in the piece, in strips or in motifses skyrocketed to $27M in 2022. In general, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Embroidery; in the Piece, in Strips or in Motifs in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.9 | 9.3 | 9.0 | 16.0 | 7.4% |
Hong Kong SAR | 1.6 | 1.7 | 3.3 | 4.8 | 44.2% |
India | 1.9 | 1.7 | 1.4 | 1.7 | -3.6% |
Indonesia | 1.3 | 0.9 | 0.6 | 0.8 | -14.9% |
Taiwan (Chinese) | 1.4 | 1.1 | 0.9 | 0.7 | -20.6% |
South Korea | 1.5 | 0.8 | 0.4 | 0.4 | -35.6% |
Others | 2.9 | 2.9 | 1.8 | 2.4 | -6.1% |
Total | 23.5 | 18.4 | 17.4 | 26.7 | 4.3% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Thailand in 2022:
- China (492.8 tons)
- Indonesia (84.7 tons)
- India (66.0 tons)
- South Korea (26.3 tons)
- Hong Kong SAR (19.5 tons)
- Taiwan (Chinese) (5.6 tons)
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In 2019, Cotton Embroidery exports reached a peak of 1.8K tons. From 2020 to 2023, exports remained at a lower level. In terms of value, Cotton Embroidery exports decreased slightly to $40M in 2023.
In May 2023, the cotton embroidery price stood at $28,823 per ton (FOB, Thailand), dropping by -6.7% against the previous month.
In April 2023, the embroidery price stood at $21,755 per ton (FOB, Thailand), declining by -49.7% against the previous month.
In value terms, embroidery imports amounted to $X in 2016. In general, embroidery imports continue to indicate a significant deduction. Over the period under review, global embroidery imports reach...
In value terms, embroidery exports totaled $X in 2016. Overall, embroidery exports continue to indicate a drastic descent. Global embroidery export peaked of $X in 2007; however, from 2008 to X>
In 2019, Cotton Embroidery exports reached a peak of 1.8K tons. From 2020 to 2023, exports remained at a lower level. In terms of value, Cotton Embroidery exports decreased slightly to $40M in 2023.
In May 2023, the cotton embroidery price stood at $28,823 per ton (FOB, Thailand), dropping by -6.7% against the previous month.
In April 2023, the embroidery price stood at $21,755 per ton (FOB, Thailand), declining by -49.7% against the previous month.
In value terms, embroidery imports amounted to $X in 2016. In general, embroidery imports continue to indicate a significant deduction. Over the period under review, global embroidery imports reach...
In value terms, embroidery exports totaled $X in 2016. Overall, embroidery exports continue to indicate a drastic descent. Global embroidery export peaked of $X in 2007; however, from 2008 to X>