Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand - 2024
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand (FOB) - 2024
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand (CIF) - 2024
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand (FOB) - 2024
In November 2023, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $10,135 per ton, with a decrease of -12.8% against the previous month. Over the period from January 2023 to November 2023, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in July 2023 an increase of 39% against the previous month. Over the period under review, the average export prices hit record highs at $11,619 per ton in October 2023, and then contracted in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($21,131 per ton), while the average price for exports to India ($5,741 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand (CIF) - 2024
The average import price for wadding; other articles thereof, of man-made fibreses stood at $8,476 per ton in November 2023, with a decrease of -6.3% against the previous month. Over the period under review, the import price saw a slight descent. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 53% month-to-month. The import price peaked at $11,967 per ton in July 2023; however, from August 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($9,367 per ton), while the price for Taiwan (Chinese) totaled $5,588 per ton.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+16.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand
In 2022, exports of wadding; other articles thereof, of man-made fibreses from Thailand expanded notably to 8K tons, with an increase of 8% compared with 2021. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of wadding; other articles thereof, of man-made fibreses rose sharply to $63M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 30%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 20.4 | 17.1 | 26.0 | 21.6 | 1.9% |
| India | 0.1 | 1.0 | 4.3 | 9.8 | 361.0% |
| Vietnam | 2.9 | 3.0 | 4.0 | 5.2 | 21.5% |
| China | 12.7 | 5.7 | 4.3 | 4.9 | -27.2% |
| Romania | 6.1 | 3.4 | 1.1 | 4.1 | -12.4% |
| Indonesia | 1.0 | 1.1 | 1.1 | 3.7 | 54.7% |
| Cambodia | 1.2 | 0.9 | 3.7 | 3.0 | 35.7% |
| Taiwan (Chinese) | 3.5 | 2.7 | 2.9 | 2.2 | -14.3% |
| Singapore | 0.7 | 1.0 | 1.2 | 1.8 | 37.0% |
| Philippines | 1.3 | 0.2 | 0.1 | 1.6 | 7.2% |
| Lao People's Democratic Republic | 2.2 | 1.7 | 0.7 | 0.5 | -39.0% |
| Myanmar | 0.3 | 0.5 | 0.3 | 0.3 | 0.0% |
| Others | 8.3 | 4.3 | 5.6 | 4.6 | -17.9% |
| Total | 60.6 | 42.5 | 55.3 | 63.4 | 1.5% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Thailand in 2022:
- South Korea (2342.2 tons)
- India (1585.5 tons)
- Vietnam (1139.2 tons)
- China (671.9 tons)
- Indonesia (348.5 tons)
- Cambodia (339.6 tons)
- Romania (266.6 tons)
- Taiwan (Chinese) (253.9 tons)
- Philippines (245.0 tons)
- Singapore (158.8 tons)
- Myanmar (140.6 tons)
- Lao People's Democratic Republic (72.6 tons)
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand
In 2022, purchases abroad of wadding; other articles thereof, of man-made fibreses decreased by -18.6% to 765 tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.4% 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 decreased by -20.0% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 47%. As a result, imports reached the peak of 957 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wadding; other articles thereof, of man-made fibreses reduced markedly to $4M in 2022. Over the period under review, imports faced a abrupt setback. The smallest decline of -0.9% was in 2021.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,898 | 1,688 | 2,092 | 2,050 | 2.6% |
| Vietnam | 368 | 628 | 700 | 595 | 17.4% |
| South Korea | 1,465 | 1,045 | 708 | 328 | -39.3% |
| Taiwan (Chinese) | 170 | 111 | 196 | 181 | 2.1% |
| Japan | 1,123 | 908 | 850 | 177 | -46.0% |
| Italy | 120 | 104 | 60.4 | 97.9 | -6.6% |
| Poland | 386 | 448 | 194 | 41.6 | -52.4% |
| Others | 222 | 211 | 298 | 496 | 30.7% |
| Total | 5,752 | 5,143 | 5,099 | 3,966 | -11.7% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Thailand in 2022:
- China (560.3 tons)
- South Korea (65.2 tons)
- Vietnam (43.8 tons)
- Taiwan (Chinese) (28.4 tons)
- Japan (23.9 tons)
- Italy (13.5 tons)
- Poland (4.4 tons)
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