Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand (FOB) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $6,343 per ton in 2022, rising by 3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,912 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($17,382 per ton), while the average price for exports to South Korea ($1,449 per ton) 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 (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $5,285 per ton in 2022, reducing by -16.2% against the previous year. Overall, the import price, however, recorded a pronounced increase. The growth pace was the most rapid in 2021 when the average import price increased by 249% against the previous year. As a result, import price reached the peak level of $6,307 per ton, and then dropped dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($21,024 per ton), while the price for Japan ($3,955 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand
Exports of wadding; other articles thereof, other than of cotton or man-made fibreses from Thailand rose remarkably to 161 tons in 2022, increasing by 13% on 2021 figures. In general, exports, however, showed a pronounced descent.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses soared to $1M in 2022. Overall, exports, however, continue to indicate a deep slump.
Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 192 | 243 | 275 | 350 | 22.2% |
Myanmar | 241 | 237 | 203 | 199 | -6.2% |
Bangladesh | 155 | 191 | 157 | 186 | 6.3% |
United Arab Emirates | 61.8 | 27.2 | 42.5 | 68.9 | 3.7% |
Vietnam | 120 | 78.1 | 57.2 | 66.5 | -17.9% |
Pakistan | 32.4 | 15.7 | 32.0 | 31.8 | -0.6% |
Malaysia | 3.1 | 1.6 | 1.6 | 31.0 | 115.4% |
South Korea | 13.3 | 13.3 | 27.7 | 30.5 | 31.9% |
India | 242 | 3.0 | 15.7 | 18.2 | -57.8% |
China | 38.3 | 7.9 | 8.1 | 6.8 | -43.8% |
Philippines | 79.7 | 64.5 | 1.2 | 0.6 | -80.4% |
Sri Lanka | 55.1 | 81.4 | 26.9 | N/A | -30.1% |
Others | 60.2 | 13.3 | 25.8 | 32.2 | -18.8% |
Total | 1,295 | 978 | 874 | 1,021 | -7.6% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Thailand in 2022:
- Saudi Arabia (54.7 tons)
- Bangladesh (27.8 tons)
- South Korea (21.1 tons)
- Myanmar (20.2 tons)
- Vietnam (9.3 tons)
- United Arab Emirates (8.7 tons)
- Malaysia (7.0 tons)
- Pakistan (5.0 tons)
- India (2.0 tons)
- China (1.2 tons)
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand
In 2022, approx. 133 tons of wadding; other articles thereof, other than of cotton or man-made fibreses were imported into Thailand; increasing by 34% on 2021. In general, imports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 34%. As a result, imports reached the peak of 298 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses stood at $701K in 2022. The total import value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 32.7 | 19.3 | 361 | 379 | 126.3% |
China | 352 | 439 | 124 | 213 | -15.4% |
South Korea | 80.3 | 15.0 | 24.1 | 15.6 | -42.1% |
Spain | 44.2 | 42.4 | 89.5 | 3.4 | -57.5% |
Others | 61.6 | 23.5 | 24.9 | 89.9 | 13.4% |
Total | 571 | 539 | 624 | 701 | 7.1% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Thailand in 2022:
- Japan (95.9 tons)
- China (31.3 tons)
- South Korea (2.3 tons)
- Spain (0.2 tons)
This report provides an in-depth analysis of the wadding market in Thailand.
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This report provides an in-depth analysis of the wadding market in Thailand.
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