Price for Rubber Thread and Cord; Textile Covered in Thailand - 2024
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Thailand (FOB) - 2024
- Price for Rubber Thread and Cord; Textile Covered in Thailand (CIF) - 2024
- Exports of Rubber Thread and Cord; Textile Covered in Thailand
- Imports of Rubber Thread and Cord; Textile Covered in Thailand
Price for Rubber Thread and Cord; Textile Covered in Thailand (FOB) - 2024
The average export price for rubber thread and cord; textile covereds stood at $4,379 per ton in May 2024, with a decrease of -2.4% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 31% against the previous month. As a result, the export price attained the peak level of $5,867 per ton. From August 2023 to May 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($28,282 per ton), while the average price for exports to Myanmar ($1,695 per ton) 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 the United States (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber Thread and Cord; Textile Covered in Thailand (CIF) - 2024
The average import price for rubber thread and cord; textile covereds stood at $4,128 per ton in May 2024, declining by -7% against the previous month. Overall, import price indicated modest growth from May 2023 to May 2024: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2024 figures, import price for rubber thread and cord; textile covereds increased by +55.8% against March 2024 indices. The pace of growth was the most pronounced in April 2024 an increase of 68% against the previous month. As a result, import price attained the peak level of $4,440 per ton, and then shrank in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From May 2023 to May 2024, the rate of growth in terms of prices for China amounted to +0.6% per month.
Exports of Rubber Thread and Cord; Textile Covered in Thailand
In 2022, exports of rubber thread and cord; textile covereds from Thailand soared to 804 tons, jumping by 16% against 2021 figures. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of rubber thread and cord; textile covereds amounted to $3.5M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Rubber Thread and Cord; Textile Covered in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,301 | 1,235 | 1,597 | 1,461 | 3.9% |
| Germany | 373 | 230 | 425 | 495 | 9.9% |
| United States | 466 | 329 | 378 | 327 | -11.1% |
| Japan | 270 | 273 | 276 | 293 | 2.8% |
| Myanmar | 22.9 | 42.8 | 20.0 | 227 | 114.8% |
| Colombia | 189 | 130 | 175 | 212 | 3.9% |
| India | 335 | 190 | 237 | 129 | -27.2% |
| Others | 376 | 453 | 399 | 397 | 1.8% |
| Total | 3,333 | 2,884 | 3,506 | 3,542 | 2.0% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Thailand in 2022:
- Belgium (339.8 tons)
- Germany (131.0 tons)
- United States (65.9 tons)
- Japan (65.0 tons)
- Myanmar (54.1 tons)
- Colombia (48.7 tons)
- India (26.3 tons)
Imports of Rubber Thread and Cord; Textile Covered in Thailand
After three years of growth, overseas purchases of rubber thread and cord; textile covereds decreased by -28.3% to 626 tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 94% against the previous year.
In value terms, imports of rubber thread and cord; textile covereds dropped rapidly to $2.5M in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 71%.
| Import of Rubber Thread and Cord; Textile Covered in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 2.2 | 3.2 | 2.4 | 26.0% |
| Others | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Total | 1.4 | 2.4 | 3.4 | 2.5 | 21.3% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Thailand in 2022:
- China (623.0 tons)
318
This report provides an in-depth analysis of the rubber thread market in Thailand.
701
Global Rubber Thread Market Report 2018. This report provides an in-depth analysis of the global rubber thread market.
318
This report provides an in-depth analysis of the rubber thread market in Thailand.
701
Global Rubber Thread Market Report 2018. This report provides an in-depth analysis of the global rubber thread market.
672
In value terms, rubber waste, parings and scrap imports amounted to $X in 2016. Overall, rubber waste, parings and scrap imports continue to indicate a relatively flat trend pattern. Over the perio...
1658
In value terms, rubber thread and cord imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some notice...
668
In value terms, rubber waste, parings and scrap exports amounted to $X in 2016. In general, rubber waste, parings and scrap exports continue to indicate a slight contraction. Over the period under ...
1443
In value terms, rubber thread and cord exports totaled $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% ...
672
In value terms, rubber waste, parings and scrap imports amounted to $X in 2016. Overall, rubber waste, parings and scrap imports continue to indicate a relatively flat trend pattern. Over the perio...
1658
In value terms, rubber thread and cord imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some notice...
668
In value terms, rubber waste, parings and scrap exports amounted to $X in 2016. In general, rubber waste, parings and scrap exports continue to indicate a slight contraction. Over the period under ...
1443
In value terms, rubber thread and cord exports totaled $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% ...
