Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand - 2024
Contents:
- Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand (FOB) - 2022
- Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand (CIF) - 2024
- Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand
- Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand
Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand (FOB) - 2022
The average export price for fibres; synthetic filament tow, acrylic or modacrylics stood at $2,662 per ton in 2022, increasing by 4.4% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fibres; synthetic filament tow, acrylic or modacrylics increased by +61.7% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 55% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Malaysia ($3,321 per ton) and Jordan ($2,979 per ton), while the average price for exports to the United Arab Emirates ($2,392 per ton) and the Philippines ($2,406 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand (CIF) - 2024
The average import price for fibres; synthetic filament tow, acrylic or modacrylics stood at $2,535 per ton in May 2024, with a decrease of -16.3% against the previous month. Overall, the import price recorded a mild downturn. The growth pace was the most rapid in October 2023 an increase of 30% month-to-month. The import price peaked at $3,264 per ton in June 2023; however, from July 2023 to May 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From May 2023 to May 2024, the rate of growth in terms of prices for Portugal amounted to +0.2% per month.
Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand
In 2022, the amount of fibres; synthetic filament tow, acrylic or modacrylics exported from Thailand surged to 52K tons, jumping by 20% against 2021. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.7% 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 +75.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics surged to $139M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 84% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 27.9 | 24.9 | 43.0 | 39.1 | 11.9% |
| Turkey | 10.3 | 9.7 | 12.3 | 22.8 | 30.3% |
| Malaysia | 0.1 | N/A | 4.8 | 17.2 | 456.1% |
| Egypt | 4.6 | 4.8 | 3.5 | 11.0 | 33.7% |
| Pakistan | 7.8 | 9.5 | 9.5 | 9.7 | 7.5% |
| China | 8.4 | 4.9 | 16.7 | 6.0 | -10.6% |
| Romania | 0.2 | 0.1 | 0.2 | 5.5 | 201.8% |
| India | 2.8 | 2.0 | 7.8 | 4.4 | 16.3% |
| Philippines | 3.1 | 2.4 | 3.0 | 3.7 | 6.1% |
| Jordan | N/A | N/A | N/A | 2.6 | 0% |
| Peru | 0.1 | 0.3 | 0.2 | 2.6 | 196.2% |
| Brazil | N/A | N/A | 3.5 | 2.4 | -31.4% |
| United Arab Emirates | 0.3 | 0.2 | 0.3 | 2.4 | 100.0% |
| Others | 3.8 | 1.2 | 5.9 | 9.5 | 35.7% |
| Total | 69.2 | 60.1 | 111 | 139 | 26.2% |
Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from Thailand in 2022:
- Indonesia (16.0K tons)
- Turkey (8.5K tons)
- Malaysia (5.2K tons)
- Egypt (3.9K tons)
- Pakistan (3.7K tons)
- China (2.4K tons)
- Romania (2.2K tons)
- India (1.8K tons)
- Philippines (1.5K tons)
- United Arab Emirates (1.0K tons)
- Peru (1.0K tons)
- Brazil (0.9K tons)
- Jordan (0.9K tons)
Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand
In 2022, imports of fibres; synthetic filament tow, acrylic or modacrylics into Thailand skyrocketed to 2.9K tons, picking up by 65% on 2021. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics skyrocketed to $8.3M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.8 | 0.1 | 2.1 | 5.7 | 92.4% |
| South Korea | 1.9 | 1.8 | 2.5 | 1.9 | 0.0% |
| Portugal | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Others | N/A | 0.4 | 0.1 | 0.6 | 22.5% |
| Total | 2.9 | 2.4 | 4.8 | 8.3 | 42.0% |
Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Thailand in 2022:
- Japan (2004.2 tons)
- South Korea (726.8 tons)
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