Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand - 2024
Contents:
- Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand (CIF) - 2024
- Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand (FOB) - 2022
- Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand
- Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand
Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand (CIF) - 2024
In March 2024, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $4.0 per square meter, growing by 37% against the previous month. Overall, the import price enjoyed a measured increase. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 66% m-o-m. The import price peaked at $4.8 per square meter in October 2023; however, from November 2023 to March 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Taiwan (Chinese) ($13.2 per square meter), while the price for China ($2.1 per square meter) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by South Korea (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand (FOB) - 2022
The average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes stood at $4.3 per square meter in 2022, waning by -7.1% against the previous year. Overall, the export price showed a mild curtailment. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. Over the period under review, the average export prices reached the peak figure at $6.1 per square meter in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($10 per square meter), while the average price for exports to the United States ($2.1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand
In 2022, the amount of textile fabrics; impregnated, coated, covered or laminated with polyurethanes imported into Thailand totaled 14M square meters, increasing by 3.9% compared with 2021 figures. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes declined slightly to $46M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of $48M, and then dropped modestly in the following year.
| Import of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.6 | 6.8 | 13.3 | 14.6 | 19.3% |
| Japan | 15.6 | 14.5 | 17.3 | 13.2 | -5.4% |
| South Korea | 7.8 | 8.6 | 10.6 | 9.1 | 5.3% |
| Taiwan (Chinese) | 2.7 | 2.7 | 4.9 | 6.3 | 32.6% |
| Vietnam | 1.2 | 0.8 | 0.6 | 1.6 | 10.1% |
| Others | 1.6 | 1.4 | 1.8 | 1.6 | 0.0% |
| Total | 37.4 | 34.8 | 48.4 | 46.4 | 7.5% |
Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Thailand in 2022:
- China (9.5M square meters)
- South Korea (1.6M square meters)
- Taiwan (Chinese) (1.3M square meters)
- Japan (1.0M square meters)
- Vietnam (0.3M square meters)
Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand
In 2022, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes from Thailand soared to 3.6M square meters, rising by 17% on the previous year's figure. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 57%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes rose rapidly to $15M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +56.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 0.7 | 3.3 | 4.9 | 5.4 | 97.6% |
| Vietnam | 2.1 | 1.7 | 2.7 | 2.8 | 10.1% |
| Malaysia | 2.6 | 2.2 | 1.6 | 2.3 | -4.0% |
| South Africa | 0.8 | 0.6 | 2.5 | 2.1 | 37.9% |
| Argentina | 0.3 | 0.1 | 0.4 | 0.6 | 26.0% |
| Philippines | 0.8 | 0.5 | 0.2 | 0.3 | -27.9% |
| United States | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Lao People's Democratic Republic | 2.1 | 0.5 | 0.1 | N/A | -78.2% |
| Others | 1.0 | 0.8 | 1.4 | 1.8 | 21.6% |
| Total | 10.4 | 9.9 | 14.1 | 15.4 | 14.0% |
Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Thailand in 2022:
- Cambodia (1816.1K square meters)
- Malaysia (608.3K square meters)
- South Africa (412.9K square meters)
- Vietnam (280.8K square meters)
- United States (86.8K square meters)
- Philippines (85.3K square meters)
- Argentina (74.3K square meters)
- Lao People's Democratic Republic (0.1K square meters)
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