Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand - 2024

Contents:

  1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand (FOB) - 2024
  2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand (CIF) - 2022
  3. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand
  4. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand (FOB) - 2024

The average export price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $3,188 per ton in May 2024, rising by 31% against the previous month. Overall, export price indicated pronounced growth from May 2023 to May 2024: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2024 figures, export price for twine, cordage or rope; knotted netting, of other than man-made textileses decreased by -25.2% against February 2024 indices. The most prominent rate of growth was recorded in February 2024 an increase of 74% against the previous month. As a result, the export price attained the peak level of $4,264 per ton. From March 2024 to May 2024, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($6,807 per ton), while the average price for exports to Malaysia ($2,184 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 Lao People's Democratic Republic (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand (CIF) - 2022

The average import price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $5,792 per ton in 2022, increasing by 27% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 36%. Over the period under review, average import prices attained the peak figure at $6,140 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($20,325 per ton), while the price for Vietnam ($495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand

After three years of growth, shipments abroad of twine, cordage or rope; knotted netting, of other than man-made textileses decreased by -35.2% to 2.3K tons in 2022. Overall, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 84% against the previous year.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses contracted notably to $6M in 2022. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 9.1%.

Export of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia4.04.85.32.5-14.5%
Myanmar1.01.00.90.7-11.2%
Lao People's Democratic Republic0.10.30.50.681.7%
Cambodia0.50.70.60.50.0%
Sri Lanka0.40.40.30.40.0%
Hong Kong SAR0.30.30.20.410.1%
Others0.80.40.71.111.2%
Total7.27.88.56.0-5.9%

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Thailand in 2022:

  1. Malaysia (1017.4 tons)
  2. Lao People's Democratic Republic (500.1 tons)
  3. Myanmar (233.4 tons)
  4. Cambodia (187.2 tons)
  5. Sri Lanka (109.3 tons)
  6. Hong Kong SAR (74.8 tons)

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand

In 2022, approx. 826 tons of twine, cordage or rope; knotted netting, of other than man-made textileses were imported into Thailand; reducing by -13.7% on the previous year's figure. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year. As a result, imports attained the peak of 958 tons, and then fell in the following year.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses expanded significantly to $4.8M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,1411,4041,8771,74615.2%
China8717331,4701,52620.6%
Sri Lanka37826.798.154112.7%
Malaysia81.187.021719032.8%
Taiwan (Chinese)176167170144-6.5%
Vietnam45.472.518.52.0-64.7%
Others4895925146379.2%
Total3,1823,0814,3644,78714.6%

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Thailand in 2022:

  1. China (510.4 tons)
  2. Sri Lanka (103.1 tons)
  3. Japan (85.9 tons)
  4. Malaysia (63.0 tons)
  5. Taiwan (Chinese) (37.3 tons)
  6. Vietnam (4.1 tons)

Source: IndexBox Market Intelligence Platform

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