Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand - 2024
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand (CIF) - 2024
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand (FOB) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand (CIF) - 2024
In January 2024, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $35.8 per square meter, surging by 17% against the previous month. In general, import price indicated slight growth from February 2023 to January 2024: its price increased at an average monthly rate of +1.6% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for woven fabrics of carded wool or of carded fine animal hair decreased by -19.1% against September 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 42% month-to-month. Over the period under review, average import prices attained the maximum at $44.3 per square meter in September 2023; however, from October 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Norway ($101 per square meter), while the price for China ($23.3 per square meter) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Norway (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand (FOB) - 2022
In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $30 per square meter, increasing by 66% against the previous year. In general, the export price recorded a significant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 354%. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($112 per square meter), while the average price for exports to Cambodia ($0.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+108.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand
In 2022, imports of woven fabrics of carded wool or of carded fine animal hair into Thailand was estimated at 255K square meters, picking up by 3% against the previous year. Overall, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 40%. Over the period under review, imports of hit record highs at 458K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair contracted modestly to $5.7M in 2022. In general, imports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 51%. Imports peaked at $8.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.8 | 1.8 | 3.4 | 3.1 | -13.6% |
| China | 1.6 | 1.0 | 0.9 | 1.4 | -4.4% |
| United Kingdom | 0.8 | 0.5 | 0.3 | 0.6 | -9.1% |
| Norway | 0.2 | 0.4 | 0.4 | 0.5 | 35.7% |
| South Korea | 0.2 | N/A | N/A | N/A | 0% |
| Mexico | 0.6 | N/A | 0.1 | N/A | -59.2% |
| Others | 0.1 | 0.1 | 0.8 | 0.2 | 26.0% |
| Total | 8.2 | 3.9 | 5.8 | 5.7 | -11.4% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Thailand in 2022:
- China (129.6K square meters)
- Italy (80.1K square meters)
- United Kingdom (28.0K square meters)
- Norway (11.1K square meters)
- South Korea (1.0K square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand
In 2022, shipments abroad of woven fabrics of carded wool or of carded fine animal hair decreased by -16.9% to 14K square meters, falling for the second year in a row after two years of growth. Overall, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. As a result, the exports attained the peak of 56K square meters. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair surged to $424K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 118 | 55.2 | N/A | 343 | 42.7% |
| Pakistan | N/A | N/A | N/A | 25.8 | 0% |
| Vietnam | 0.3 | 0.2 | 197 | 18.4 | 294.4% |
| Italy | 32.5 | 3.2 | N/A | 18.1 | -17.7% |
| Indonesia | N/A | N/A | N/A | 6.3 | 0% |
| New Zealand | 0.4 | 2.2 | 8.0 | 5.9 | 145.2% |
| Cambodia | N/A | N/A | N/A | 3.4 | 0% |
| Portugal | N/A | 154 | 95.4 | 2.6 | -87.0% |
| Philippines | 19.7 | N/A | N/A | N/A | 0% |
| Others | 5.6 | 4.1 | 7.5 | 1.0 | -43.7% |
| Total | 176 | 219 | 308 | 424 | 34.1% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Thailand in 2022:
- Cambodia (6.9K square meters)
- United States (3.1K square meters)
- New Zealand (1.7K square meters)
- Italy (0.7K square meters)
- Vietnam (0.7K square meters)
- Pakistan (0.6K square meters)
- Indonesia (0.6K square meters)
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