Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand - 2024

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand (CIF) - 2022
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand (FOB) - 2022
  3. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand
  4. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand (CIF) - 2022

In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $11 per square meter, increasing by 4.3% against the previous year. In general, the import price showed a temperate increase. The growth pace was the most rapid in 2018 an increase of 63%. The import price peaked at $12 per square meter in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($21 per square meter), while the price for Taiwan (Chinese) ($2.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand (FOB) - 2022

The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $10 per square meter in 2022, growing by 6.3% against the previous year. Overall, the export price recorded a moderate increase. The pace of growth was the most pronounced in 2019 an increase of 70%. Over the period under review, the average export prices hit record highs at $12 per square meter in 2020; however, from 2021 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 Singapore ($15 per square meter), while the average price for exports to Pakistan ($9.3 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 South Africa (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand

After two years of decline, purchases abroad of woven fabrics of combed wool or of combed fine animal hair increased by 47% to 783K square meters in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $8.3M in 2022. Overall, imports, however, showed a slight contraction. Imports peaked at $8.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.41.92.33.917.6%
China5.04.72.03.4-12.1%
United Kingdom0.10.10.30.344.2%
Taiwan (Chinese)N/A0.10.20.241.4%
India0.10.1N/A0.226.0%
Germany0.8N/A0.3N/A-38.8%
Japan0.1N/AN/AN/A0%
Others0.30.30.20.30.0%
Total8.87.35.48.3-1.9%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Thailand in 2022:

  1. China (408.5K square meters)
  2. Italy (223.5K square meters)
  3. Taiwan (Chinese) (71.9K square meters)
  4. India (20.3K square meters)
  5. United Kingdom (15.8K square meters)
  6. Japan (13.8K square meters)
  7. Germany (2.0K square meters)

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand

In 2022, the amount of woven fabrics of combed wool or of combed fine animal hair exported from Thailand reduced notably to 274K square meters, waning by -30.2% against the year before. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 130%. As a result, the exports reached the peak of 393K square meters, and then reduced remarkably in the following year.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair declined sharply to $2.8M in 2022. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 81% against the previous year. As a result, the exports reached the peak of $3.8M, and then reduced remarkably in the following year.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan1,4981,0401,019960-13.8%
India56745575979211.8%
South Africa10330.587.327438.6%
Vietnam1931521302549.6%
Hong Kong SAR625105128241-27.2%
Singapore53.676.842.812934.0%
China34910564.338.8-51.9%
United Arab Emirates16.91071,354N/A795.1%
Others39133.5228143-28.5%
Total3,7962,1053,8132,830-9.3%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Thailand in 2022:

  1. Pakistan (103.3K square meters)
  2. India (80.3K square meters)
  3. South Africa (25.3K square meters)
  4. Vietnam (23.8K square meters)
  5. Hong Kong SAR (16.6K square meters)
  6. Singapore (8.3K square meters)
  7. China (3.3K square meters)

Source: IndexBox Market Intelligence Platform

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