Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand - 2024

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand (CIF) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand (FOB) - 2022
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand (CIF) - 2022

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $8,867 per ton in 2022, waning by -4.4% against the previous year. Over the period under review, the import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 15%. Over the period under review, average import prices reached the peak figure at $11,222 per ton in 2013; however, from 2014 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 the United States ($21,943 per ton), while the price for Malaysia ($2,861 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) (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $9,721 per ton in 2022, with an increase of 9.5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 29% against the previous year. The export price peaked at $10,627 per ton in 2015; however, from 2016 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 Hong Kong SAR ($12,421 per ton), while the average price for exports to Turkey ($3,339 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 Turkey (+49.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand

In 2022, the amount of felt; whether or not impregnated, coated, covered or laminateds imported into Thailand surged to 3.5K tons, with an increase of 20% against the previous year. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds rose remarkably to $31M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +65.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6.85.68.58.57.7%
China4.63.84.74.4-1.5%
Japan3.12.34.03.76.1%
South Korea2.22.73.23.617.8%
Malaysia0.51.21.73.591.3%
United States0.90.61.42.336.7%
Taiwan (Chinese)0.90.81.31.313.0%
France0.30.30.41.154.2%
IndonesiaN/A0.10.70.9200.0%
Others1.91.51.31.8-1.8%
Total21.118.927.231.314.0%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Thailand in 2022:

  1. Malaysia (1239.8 tons)
  2. United Kingdom (606.4 tons)
  3. China (592.8 tons)
  4. Indonesia (252.7 tons)
  5. South Korea (177.9 tons)
  6. Japan (175.7 tons)
  7. France (161.1 tons)
  8. Taiwan (Chinese) (143.6 tons)
  9. United States (106.5 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand

Exports of felt; whether or not impregnated, coated, covered or laminateds from Thailand skyrocketed to 3K tons in 2022, increasing by 31% on the year before. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 51%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds skyrocketed to $29M in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.07.710.39.918.2%
United States0.31.52.04.6148.4%
Hong Kong SARN/A0.1N/A4.2548.1%
Philippines0.90.91.32.336.7%
Australia0.30.61.31.363.0%
Japan0.71.01.31.116.3%
Malaysia0.50.50.60.921.6%
Vietnam0.50.20.50.817.0%
Argentina0.30.40.70.838.7%
TurkeyN/AN/AN/A0.60%
Taiwan (Chinese)0.30.30.30.410.1%
Myanmar4.4N/AN/A0.2-64.3%
Others0.60.82.02.458.7%
Total15.014.120.429.325.0%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Thailand in 2022:

  1. China (808.1 tons)
  2. United States (400.0 tons)
  3. Hong Kong SAR (336.8 tons)
  4. Malaysia (208.9 tons)
  5. Vietnam (200.8 tons)
  6. Philippines (188.1 tons)
  7. Turkey (184.7 tons)
  8. Australia (147.4 tons)
  9. Japan (123.2 tons)
  10. Taiwan (Chinese) (95.6 tons)
  11. Argentina (75.0 tons)
  12. Myanmar (53.1 tons)

Source: IndexBox Market Intelligence Platform

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