Price for Pulp; Cotton Linters Pulp in Thailand - 2023

Contents:

1. Price for Pulp; Cotton Linters Pulp in Thailand (CIF) - 2023
2. Price for Pulp; Cotton Linters Pulp in Thailand (FOB) - 2022
3. Imports of Pulp; Cotton Linters Pulp in Thailand
4. Exports of Pulp; Cotton Linters Pulp in Thailand

Price for Pulp; Cotton Linters Pulp in Thailand (CIF) - 2023

The average pulp; cotton linters pulp import price stood at $1,884 per ton in September 2023, increasing by 21% against the previous month. Overall, the import price, however, continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in April 2023 an increase of 54% month-to-month. As a result, import price attained the peak level of $2,726 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($1,890 per ton), while the price for Japan stood at $1,785 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Pulp; Cotton Linters Pulp in Thailand (FOB) - 2022

In 2022, the average pulp; cotton linters pulp export price amounted to $909 per ton, which is down by -72% against the previous year. In general, the export price faced a dramatic decrease. The pace of growth was the most pronounced in 2014 an increase of 478%. Over the period under review, the average export prices hit record highs at $11,189 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +41.2% per year.

Imports of Pulp; Cotton Linters Pulp in Thailand

In 2022, the amount of pulp; cotton linters pulp imported into Thailand contracted dramatically to 7.1K tons, dropping by -18.7% on 2021 figures. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. As a result, imports attained the peak of 8.8K tons, and then fell significantly in the following year.

In value terms, pulp; cotton linters pulp imports expanded sharply to $16M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 51%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Pulp; Cotton Linters Pulp to Thailand in 2022:

1. China (6.2K tons)
2. United States (0.8K tons)

Exports of Pulp; Cotton Linters Pulp in Thailand

In 2022, overseas shipments of pulp; cotton linters pulp were finally on the rise to reach 11 kg after two years of decline. Over the period under review, exports, however, showed a sharp descent.

In value terms, pulp; cotton linters pulp exports fell sharply to $10 in 2022. Overall, exports, however, continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 33%. As a result, the exports reached the peak of $8.1K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Pulp; Cotton Linters Pulp from Thailand in 2022:

1. Hong Kong SAR (11.0 kg)

Source: IndexBox Market Intelligence Platform