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Thailand - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTwine and Cordage Price in Thailand - 2023
Contents:
- Twine and Cordage Price in Thailand (FOB) - 2023
- Twine and Cordage Price in Thailand (CIF) - 2022
- Twine and Cordage Exports in Thailand
- Twine and Cordage Imports in Thailand
Twine and Cordage Price in Thailand (FOB) - 2023
In September 2023, the average twine and cordage export price amounted to $3,449 per ton, dropping by -12.9% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 14% month-to-month. The export price peaked at $4,160 per ton in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was the United States ($6,103 per ton), while the average price for exports to Myanmar ($2,551 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Twine and Cordage Price in Thailand (CIF) - 2022
In 2022, the average twine and cordage import price amounted to $4,927 per ton, picking up by 9.4% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 an increase of 14% against the previous year. The import price peaked at $5,735 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($13,560 per ton), while the price for China ($3,313 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Twine and Cordage Exports in Thailand
In 2022, approx. 16K tons of twine, cordage, rope and cables were exported from Thailand; stabilizing at 2021. The total export volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. As a result, the exports reached the peak of 16K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, twine and cordage exports totaled $59M in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 3.9% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Twine and Cordage in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 1.6 | 13.2 | 10.8 | 11.3 | 91.9% |
Cambodia | 8.8 | 8.2 | 8.5 | 9.0 | 0.8% |
Indonesia | 8.9 | 6.0 | 6.9 | 7.5 | -5.5% |
Vietnam | 12.0 | 7.6 | 7.1 | 6.5 | -18.5% |
United States | 4.0 | 3.8 | 4.6 | 4.3 | 2.4% |
India | 3.3 | 2.6 | 3.2 | 3.7 | 3.9% |
China | 2.6 | 2.3 | 3.4 | 3.3 | 8.3% |
Malaysia | 2.6 | 2.1 | 2.0 | 2.5 | -1.3% |
Japan | 2.6 | 2.1 | 2.4 | 2.0 | -8.4% |
Papua New Guinea | 0.9 | 0.5 | 0.8 | 1.4 | 15.9% |
Singapore | 1.7 | 1.3 | 1.9 | 1.2 | -11.0% |
Lao People's Democratic Republic | 1.7 | 1.2 | 1.3 | 1.0 | -16.2% |
Ghana | 1.2 | 0.8 | 0.7 | 0.7 | -16.4% |
Others | 5.9 | 3.3 | 3.8 | 4.3 | -10.0% |
Total | 57.9 | 55.0 | 57.2 | 58.8 | 0.5% |
Top Export Markets for Twine and Cordage from Thailand in 2022:
- Myanmar (4.4K tons)
- Cambodia (3.1K tons)
- Indonesia (1.3K tons)
- Vietnam (1.3K tons)
- Malaysia (0.8K tons)
- United States (0.7K tons)
- India (0.6K tons)
- Lao People's Democratic Republic (0.5K tons)
- Singapore (0.5K tons)
- Papua New Guinea (0.5K tons)
- China (0.4K tons)
- Ghana (0.3K tons)
- Japan (0.3K tons)
Twine and Cordage Imports in Thailand
In 2022, overseas purchases of twine, cordage, rope and cables decreased by -15.4% to 6.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 44%.
In value terms, twine and cordage imports contracted to $32M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of $35M, and then shrank in the following year.
Import of Twine and Cordage in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.3 | 13.0 | 16.5 | 15.7 | 23.7% |
Japan | 5.1 | 4.7 | 7.3 | 5.9 | 5.0% |
Taiwan (Chinese) | 2.8 | 2.4 | 2.8 | 2.0 | -10.6% |
Indonesia | 1.2 | 1.2 | 1.6 | 2.0 | 18.6% |
Vietnam | 0.5 | 0.8 | 0.7 | 1.3 | 37.5% |
South Korea | 1.2 | 0.8 | 0.8 | 1.0 | -5.9% |
Malaysia | 0.4 | 0.2 | 0.2 | 0.5 | 7.7% |
India | 0.4 | 0.4 | 0.7 | 0.4 | 0.0% |
Others | 3.5 | 3.3 | 4.1 | 3.5 | 0.0% |
Total | 23.3 | 26.8 | 34.8 | 32.2 | 11.4% |
Top Suppliers of Twine and Cordage to Thailand in 2022:
- China (4749.5 tons)
- Japan (436.8 tons)
- South Korea (279.6 tons)
- Vietnam (252.2 tons)
- Indonesia (185.2 tons)
- Taiwan (Chinese) (184.5 tons)
- Malaysia (120.1 tons)
- India (87.1 tons)
This report provides an in-depth analysis of the twine and cordage market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13941133 -
- Prodcom 13941135 -
- Prodcom 13941153 - Sisal binder or baler (agricultural) twines
- Prodcom 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
- Prodcom 13941160 - Cordage, ropes or cables of polyethylene, polypropylene, n ylon or other polyamides or of polyesters measuring > .50 .000 decitex, of other synthetic fibres (excluding binder or baler twine)
- Prodcom 13941170 - Twines of polyethylene or polypropylene, of nylon or other polyamides or polyesters measuring . .50 .000 decitex (5 g/m) (excluding binder or baler twine)
- Prodcom 13941190 - Twines, cordage, rope and cables of textile materials (excluding jute and other textile bast fibres, sisal, abaca or other hard leaf fibres, synthetic fibres)
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In May 2023, Twine And Cordage exports experienced the most rapid growth with a 57% month-to-month increase. In September 2023, the value of these exports soared to $3.9M.
In value terms, rags imports totaled $X in 2016. Overall, it indicated a noticeable expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last n...
In value terms, rags exports totaled $X in 2016. Overall, it indicated a pronounced growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nine...
In 2016, the global twine and cordage imports totaled X tons, declining by -X% against the previous year level. In general, twine and cordage imports continue to indicate a measured curtailmen...
In 2016, the global twine and cordage imports totaled X tons, declining by -X% against the previous year level. In general, twine and cordage imports continue to indicate a measured curtailmen...
China dominates in the global rope and cable trade. It was the fastest growing exporter from 2007 to 2014 (+X% per year), and significantly strengthened its position in the global export structure from X in 2007 to X in 2014. X% of its tota
China, India, the USA, the EU-X and the Republic of Korea represented more than X% of global output. From 2007-2013, these countries showed steady growth in production volumes. Especially high were the growth levels in China (+X%) and the USA (+X
In May 2023, Twine And Cordage exports experienced the most rapid growth with a 57% month-to-month increase. In September 2023, the value of these exports soared to $3.9M.
In value terms, rags imports totaled $X in 2016. Overall, it indicated a noticeable expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last n...
In value terms, rags exports totaled $X in 2016. Overall, it indicated a pronounced growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nine...