Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand - 2024
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand (CIF) - 2022
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand (FOB) - 2022
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand
- Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand (CIF) - 2022
In 2022, the average import price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $4,949 per ton, remaining constant against the previous year. In general, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 23%. The import price peaked at $6,379 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 South Korea ($10,730 per ton), while the price for China ($4,466 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand (FOB) - 2022
In 2022, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $4,415 per ton, with an increase of 30% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 111% against the previous year. As a result, the export price reached the peak level of $8,483 per ton. From 2015 to 2022, the average 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 the United States ($7,633 per ton), while the average price for exports to Taiwan (Chinese) ($2,076 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 Belgium (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand
In 2022, approx. 672 tons of fabrics; "long pile" fabrics, knitted or crocheteds were imported into Thailand; picking up by 52% on 2021 figures. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds soared to $3.3M in 2022. Overall, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,468 | 1,644 | 1,751 | 2,653 | 2.4% |
| Indonesia | 332 | 337 | 269 | 494 | 14.2% |
| South Korea | 212 | 81.4 | 85.1 | 115 | -18.4% |
| Others | 110 | 34.4 | 92.7 | 66.2 | -15.6% |
| Total | 3,122 | 2,097 | 2,198 | 3,328 | 2.2% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Thailand in 2022:
- China (594.0 tons)
- Indonesia (65.4 tons)
- South Korea (10.7 tons)
Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand
In 2022, exports of fabrics; "long pile" fabrics, knitted or crocheteds from Thailand plummeted to 246 tons, reducing by -43.9% against 2021. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, the exports attained the peak of 438 tons, and then shrank dramatically in the following year.
In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds shrank significantly to $1.1M in 2022. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. As a result, the exports reached the peak of $1.5M, and then dropped remarkably in the following year.
| Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | 64.8 | 440 | 675 | 222.7% |
| India | N/A | 508 | 555 | 155 | -44.8% |
| Belgium | 109 | 24.1 | 139 | 75.3 | -11.6% |
| Vietnam | 80.1 | 86.6 | 61.6 | 64.2 | -7.1% |
| Philippines | 163 | 46.6 | 90.4 | 53.8 | -30.9% |
| United States | 50.0 | 34.9 | 37.5 | 38.3 | -8.5% |
| Taiwan (Chinese) | 2.0 | 9.3 | 4.7 | 11.7 | 80.2% |
| United Kingdom | 149 | 45.0 | 87.8 | N/A | -23.2% |
| Mexico | 235 | N/A | N/A | N/A | 0% |
| Others | 12.5 | 62.7 | 71.9 | 11.3 | -3.3% |
| Total | 801 | 882 | 1,489 | 1,084 | 10.6% |
Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Thailand in 2022:
- Myanmar (134.3 tons)
- India (52.3 tons)
- Philippines (25.9 tons)
- Belgium (10.3 tons)
- Vietnam (9.0 tons)
- Taiwan (Chinese) (5.6 tons)
- United States (5.0 tons)
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