Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand - 2024

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand (CIF) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand (FOB) - 2022
  3. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand
  4. Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $5,484 per ton, rising by 6.9% against the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 15% against the previous year. As a result, import price reached the peak level of $8,616 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($7,439 per ton), while the price for Taiwan (Chinese) ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.8%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,059 per ton, surging by 69% against the previous year. Overall, the export price saw a notable expansion. The export price peaked at $13,409 per ton in 2020; however, from 2021 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 ($13,978 per ton), while the average price for exports to Seychelles ($1,810 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 (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand

In 2022, approx. 77 tons of fabrics; looped pile fabrics, of cotton, knitted or crocheted were imported into Thailand; growing by 8.8% against the year before. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 111% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted skyrocketed to $420K in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17619926934825.5%
JapanN/AN/AN/A48.00%
IndonesiaN/AN/AN/A11.80%
VietnamN/AN/AN/A10.50%
IndiaN/AN/A90.2N/A0%
Myanmar47.9N/AN/AN/A0%
Others0.21.31.82.3125.7%
Total22420036142023.3%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Thailand in 2022:

  1. China (66.5 tons)
  2. Japan (6.4 tons)
  3. Indonesia (1.9 tons)
  4. Vietnam (1.5 tons)

Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand

In 2022, the amount of fabrics; looped pile fabrics, of cotton, knitted or crocheted exported from Thailand reduced markedly to 1.7 tons, with a decrease of -93.6% compared with the previous year's figure. In general, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 2,621%. As a result, the exports reached the peak of 26 tons, and then declined rapidly in the following year.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted reduced sharply to $13K in 2022. Overall, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 865% against the previous year. As a result, the exports attained the peak of $124K, and then dropped markedly in the following year.

Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/A19.68.2-58.2%
United Arab Emirates0.50.9N/A1.750.4%
SeychellesN/AN/A0.21.2500.0%
KiribatiN/A0.20.31.0123.6%
MaldivesN/AN/AN/A0.80%
Mauritius0.20.310.00.426.0%
Cote d'IvoireN/AN/A1.2N/A0%
BelgiumN/AN/A1.2N/A0%
China0.5N/A55.3N/A951.7%
Sri LankaN/AN/A23.7N/A0%
GambiaN/AN/A3.3N/A0%
Myanmar23.2N/AN/AN/A0%
Others0.611.48.80.2-30.7%
Total25.112.812413.5-18.7%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Thailand in 2022:

  1. Seychelles (669.0 kg)
  2. Indonesia (584.0 kg)
  3. Kiribati (150.0 kg)
  4. United Arab Emirates (147.0 kg)
  5. Maldives (66.0 kg)
  6. Mauritius (32.0 kg)

Source: IndexBox Market Intelligence Platform

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