Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand - 2024
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (CIF) - 2024
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (CIF) - 2024
In January 2024, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $3,919 per ton, picking up by 29% against the previous month. Overall, import price indicated a modest increase from March 2023 to January 2024: its price increased at an average monthly rate of +1.8% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for man-made filament yarn (other than sewing thread), put up for retail sale decreased by -18.6% against November 2023 indices. The pace of growth appeared the most rapid in October 2023 an increase of 59% m-o-m. Over the period under review, average import prices reached the peak figure at $4,817 per ton in November 2023; however, from December 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Japan ($28,925 per ton), while the price for China ($3,838 per ton) was amongst the lowest.
From March 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (FOB) - 2022
The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $3,971 per ton in 2022, falling by -21.9% against the previous year. In general, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by 178%. As a result, the export price attained the peak level of $11,692 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($10,721 per ton), while the average price for exports to Cambodia ($2,521 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 Philippines (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand
In 2022, approx. 361 tons of man-made filament yarn (other than sewing thread), put up for retail sale were imported into Thailand; with an increase of 52% compared with the previous year. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 335% against the previous year. As a result, imports reached the peak of 391 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale soared to $1.2M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 95% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 243 | 791 | 543 | 1,007 | 60.6% |
| Japan | 141 | 104 | 134 | 118 | -5.8% |
| Taiwan (Chinese) | 73.8 | 36.7 | 106 | 36.0 | -21.3% |
| Others | 33.8 | 29.3 | 49.8 | 31.7 | -2.1% |
| Total | 492 | 961 | 832 | 1,192 | 34.3% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Thailand in 2022:
- China (338.4 tons)
- Japan (11.6 tons)
- Taiwan (Chinese) (8.5 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand
In 2022, approx. 19 tons of man-made filament yarn (other than sewing thread), put up for retail sale were exported from Thailand; waning by -36.9% compared with 2021 figures. Overall, exports saw a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 83%. As a result, the exports attained the peak of 29 tons, and then fell sharply in the following year.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale reduced notably to $74K in 2022. Over the period under review, exports saw a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 25%.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 38.1 | 24.9 | 57.2 | 39.7 | 1.4% |
| Myanmar | 89.4 | 84.8 | 71.4 | 20.5 | -38.8% |
| New Zealand | 0.9 | N/A | 2.4 | 2.4 | 38.7% |
| Philippines | 8.2 | N/A | N/A | N/A | 0% |
| Others | 24.0 | 10.0 | 18.8 | 11.3 | -22.2% |
| Total | 161 | 120 | 150 | 73.9 | -22.9% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Thailand in 2022:
- Cambodia (15.8 tons)
- Myanmar (1.9 tons)
- New Zealand (0.5 tons)
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