Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand - 2024

Contents:

  1. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand (FOB) - 2022
  2. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand (CIF) - 2022
  3. Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Thailand
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia19224327535022.2%
Myanmar241237203199-6.2%
Bangladesh1551911571866.3%
United Arab Emirates61.827.242.568.93.7%
Vietnam12078.157.266.5-17.9%
Pakistan32.415.732.031.8-0.6%
Malaysia3.11.61.631.0115.4%
South Korea13.313.327.730.531.9%
India2423.015.718.2-57.8%
China38.37.98.16.8-43.8%
Philippines79.764.51.20.6-80.4%
Sri Lanka55.181.426.9N/A-30.1%
Others60.213.325.832.2-18.8%
Total1,2959788741,021-7.6%

Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Thailand in 2022:

  1. Saudi Arabia (54.7 tons)
  2. Bangladesh (27.8 tons)
  3. South Korea (21.1 tons)
  4. Myanmar (20.2 tons)
  5. Vietnam (9.3 tons)
  6. United Arab Emirates (8.7 tons)
  7. Malaysia (7.0 tons)
  8. Pakistan (5.0 tons)
  9. India (2.0 tons)
  10. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Japan32.719.3361379126.3%
China352439124213-15.4%
South Korea80.315.024.115.6-42.1%
Spain44.242.489.53.4-57.5%
Others61.623.524.989.913.4%
Total5715396247017.1%

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Thailand in 2022:

  1. Japan (95.9 tons)
  2. China (31.3 tons)
  3. South Korea (2.3 tons)
  4. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform

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