Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand - 2024
Contents:
- Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand (CIF) - 2024
- Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand (FOB) - 2024
- Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand
- Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand
Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand (CIF) - 2024
In May 2024, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $184 per thousand square meters, surging by 11% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $200 per thousand square meters in May 2023; however, from June 2023 to May 2024, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In May 2024, the country with the highest price was China ($187 per thousand square meters), while the price for Indonesia ($160 per thousand square meters) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Indonesia (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand (FOB) - 2024
The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $293 per thousand square meters in May 2024, therefore, remained relatively stable against the previous month. In general, the export price saw a noticeable descent. The pace of growth appeared the most rapid in March 2024 an increase of 21% month-to-month. The export price peaked at $470 per thousand square meters in June 2023; however, from July 2023 to May 2024, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In May 2024, the country with the highest price was the United States ($295 per thousand square meters), while the average price for exports to Malaysia ($216 per thousand square meters) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.2%), while the prices for the other major destinations experienced a decline.
Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand
In 2022, imports of fabrics, woven; from strip or the like, of synthetic textile materialses into Thailand expanded slightly to 90M square meters, picking up by 2.2% on the previous year's figure. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses totaled $19M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 11.9 | 10.3 | 11.7 | 12.1 | 0.6% |
| China | 1.4 | 1.6 | 2.6 | 3.2 | 31.7% |
| Indonesia | 3.9 | 1.4 | 3.2 | 2.7 | -11.5% |
| Others | 0.6 | 1.0 | 1.0 | 0.7 | 5.3% |
| Total | 17.8 | 14.2 | 18.5 | 18.7 | 1.7% |
Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Thailand in 2022:
- Vietnam (62.5M square meters)
- Indonesia (14.9M square meters)
- China (12.4M square meters)
Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand
In 2022, overseas shipments of fabrics, woven; from strip or the like, of synthetic textile materialses decreased by -47.5% to 4.2M square meters, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 42%. As a result, the exports attained the peak of 13M square meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses contracted dramatically to $2M in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 5.7%. As a result, the exports attained the peak of $3.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,948 | 2,350 | 1,860 | 830 | -24.8% |
| Japan | 695 | 546 | 544 | 593 | -5.2% |
| New Zealand | 466 | 297 | 242 | 173 | -28.1% |
| Myanmar | 25.7 | 17.3 | 13.2 | 141 | 76.4% |
| United Kingdom | N/A | 0.1 | 27.8 | 71.8 | 2579.6% |
| Germany | 42.0 | 23.9 | 63.0 | 44.1 | 1.6% |
| Australia | 18.3 | 85.5 | 6.5 | 42.6 | 32.5% |
| Vietnam | 50.9 | 129 | N/A | N/A | 153.4% |
| Others | 53.0 | 37.6 | 158 | 91.4 | 19.9% |
| Total | 3,298 | 3,486 | 2,915 | 1,987 | -15.5% |
Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Thailand in 2022:
- Japan (1678.3K square meters)
- United States (1377.3K square meters)
- Myanmar (396.8K square meters)
- New Zealand (374.6K square meters)
- United Kingdom (154.8K square meters)
- Germany (97.6K square meters)
- Australia (80.4K square meters)
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