Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand - 2024
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand (CIF) - 2024
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand (FOB) - 2024
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand (CIF) - 2024
In March 2024, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $4.1 per square meter, rising by 13% against the previous month. Overall, import price indicated a measured expansion from March 2023 to March 2024: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for textile fabrics, rubberised; other than those of heading no. 5902s increased by +72.7% against November 2023 indices. The most prominent rate of growth was recorded in October 2023 an increase of 41% against the previous month. The import price peaked in March 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6.9 per square meter), while the price for South Korea ($1.4 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 Indonesia (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand (FOB) - 2024
The average export price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $3.9 per square meter in March 2024, waning by -21.5% against the previous month. In general, export price indicated a slight increase from March 2023 to March 2024: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, export price for textile fabrics, rubberised; other than those of heading no. 5902s increased by +10.0% against January 2024 indices. The most prominent rate of growth was recorded in February 2024 when the average export price increased by 40% month-to-month. The export price peaked at $5.2 per square meter in December 2023; however, from January 2024 to March 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was Singapore ($10.4 per square meter), while the average price for exports to Myanmar ($1.0 per square meter) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand
In 2022, the amount of textile fabrics, rubberised; other than those of heading no. 5902s imported into Thailand rose remarkably to 11M square meters, with an increase of 11% on 2021 figures. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 +46.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s expanded markedly to $35M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +58.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.1 | 8.7 | 12.8 | 12.9 | 12.3% |
| Taiwan (Chinese) | 2.1 | 2.1 | 3.2 | 5.8 | 40.3% |
| France | 0.2 | 1.1 | 2.5 | 3.7 | 164.5% |
| Japan | 2.3 | 2.7 | 3.8 | 3.2 | 11.6% |
| Germany | 3.8 | 2.9 | 4.0 | 3.1 | -6.6% |
| Indonesia | 0.9 | 0.7 | 0.7 | 1.2 | 10.1% |
| South Korea | 0.9 | 0.9 | 0.7 | 0.6 | -12.6% |
| Others | 4.8 | 2.9 | 5.3 | 4.4 | -2.9% |
| Total | 24.0 | 22.1 | 33.1 | 35.0 | 13.4% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Thailand in 2022:
- China (5.7M square meters)
- Indonesia (1.3M square meters)
- Taiwan (Chinese) (1.1M square meters)
- France (0.7M square meters)
- Japan (0.6M square meters)
- Germany (0.5M square meters)
- South Korea (0.3M square meters)
Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand
In 2022, overseas shipments of textile fabrics, rubberised; other than those of heading no. 5902s decreased by -10.7% to 3.4M square meters for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% 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 +53.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, the exports attained the peak of 3.8M square meters, and then reduced in the following year.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s contracted modestly to $12M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +50.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. As a result, the exports attained the peak of $12M, and then fell in the following year.
| Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,145 | 799 | 4,391 | 4,158 | 53.7% |
| China | 1,857 | 2,632 | 3,189 | 2,816 | 14.9% |
| Cambodia | 656 | 924 | 1,564 | 1,634 | 35.6% |
| Singapore | 639 | 582 | 769 | 651 | 0.6% |
| Myanmar | 550 | 505 | 446 | 518 | -2.0% |
| Indonesia | 135 | 19.4 | 38.3 | 456 | 50.0% |
| South Korea | 438 | 430 | 423 | 368 | -5.6% |
| Brazil | 283 | 215 | 533 | 361 | 8.5% |
| India | 234 | 319 | 317 | 302 | 8.9% |
| Japan | 582 | 580 | 74.2 | 175 | -33.0% |
| Australia | 149 | 220 | 128 | 140 | -2.1% |
| Ethiopia | N/A | 503 | 37.5 | 25.1 | -77.7% |
| Others | 1,379 | 585 | 527 | 541 | -26.8% |
| Total | 8,047 | 8,313 | 12,437 | 12,146 | 14.7% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Thailand in 2022:
- Vietnam (1386.7K square meters)
- China (599.1K square meters)
- Myanmar (521.3K square meters)
- Cambodia (288.0K square meters)
- India (100.0K square meters)
- Indonesia (88.6K square meters)
- Singapore (86.4K square meters)
- Brazil (71.9K square meters)
- South Korea (58.4K square meters)
- Australia (41.5K square meters)
- Ethiopia (18.8K square meters)
- Japan (8.6K square meters)
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