Price for Wigs; Complete, of Synthetic Textile Materials in Thailand - 2024

Contents:

  1. Price for Wigs; Complete, of Synthetic Textile Materials in Thailand (FOB) - 2022
  2. Price for Wigs; Complete, of Synthetic Textile Materials in Thailand (CIF) - 2024
  3. Exports of Wigs; Complete, of Synthetic Textile Materials in Thailand
  4. Imports of Wigs; Complete, of Synthetic Textile Materials in Thailand

Price for Wigs; Complete, of Synthetic Textile Materials in Thailand (FOB) - 2022

The average export price for wigs; complete, of synthetic textile materialses stood at $244 per unit in 2022, shrinking by -20.3% against the previous year. Overall, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 an increase of 247%. As a result, the export price attained the peak level of $645 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

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 Japan ($451 per unit), while the average price for exports to France ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Wigs; Complete, of Synthetic Textile Materials in Thailand (CIF) - 2024

The average import price for wigs; complete, of synthetic textile materialses stood at $3.4 per unit in March 2024, with an increase of 11% against the previous month. In general, import price indicated a buoyant increase from May 2023 to March 2024: its price increased at an average monthly rate of +6.0% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for wigs; complete, of synthetic textile materialses increased by +42.5% against January 2024 indices. The pace of growth was the most pronounced in July 2023 when the average import price increased by 79% against the previous month. Over the period under review, average import prices hit record highs at $3.9 per unit in December 2023; however, from January 2024 to March 2024, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From May 2023 to March 2024, the rate of growth in terms of prices for China amounted to +6.2% per month.

Exports of Wigs; Complete, of Synthetic Textile Materials in Thailand

Exports of wigs; complete, of synthetic textile materialses from Thailand rose rapidly to 7.7K units in 2022, increasing by 14% on 2021. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 99% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of wigs; complete, of synthetic textile materialses declined to $1.9M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, the exports attained the peak of $2.1M, and then shrank in the following year.

Export of Wigs; Complete, of Synthetic Textile Materials in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5991,2711,8701,72042.1%
MyanmarN/AN/AN/A81.10%
China94.50.161.627.8-33.5%
Hong Kong SAR22.017.043.420.1-3.0%
Singapore38.811.683.811.1-34.1%
FranceN/AN/AN/A9.50%
Oman3.9N/AN/AN/A0%
United Arab Emirates66.2N/AN/AN/A0%
Israel55.8N/AN/AN/A0%
Others17.30.43.53.2-43.0%
Total8971,3002,0621,87327.8%

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Thailand in 2022:

  1. Japan (3.8K units)
  2. Myanmar (2.2K units)
  3. France (0.9K units)
  4. Hong Kong SAR (0.4K units)
  5. Singapore (0.2K units)
  6. China (0.1K units)

Imports of Wigs; Complete, of Synthetic Textile Materials in Thailand

In 2022, imports of wigs; complete, of synthetic textile materialses into Thailand skyrocketed to 484K units, with an increase of 41% on the previous year's figure. Overall, imports, however, showed a perceptible slump. Over the period under review, imports of reached the peak figure at 526K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of wigs; complete, of synthetic textile materialses soared to $777K in 2022. In general, imports, however, showed a abrupt decline. Over the period under review, imports of reached the maximum at $1.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Wigs; Complete, of Synthetic Textile Materials in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China795395437689-4.7%
Others27010612388.5-31.1%
Total1,064501560777-9.9%

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Thailand in 2022:

  1. China (476.3K units)

Source: IndexBox Market Intelligence Platform

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