Thailand - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKnitted Fabric Price in Thailand - 2023
Contents:
- Knitted Fabric Price in Thailand (CIF) - 2023
- Knitted Fabric Price in Thailand (FOB) - 2023
- Knitted Fabric Imports in Thailand
- Knitted Fabric Exports in Thailand
Knitted Fabric Price in Thailand (CIF) - 2023
In July 2023, the average knitted fabric import price amounted to $5,814 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 14% m-o-m. Over the period under review, average import prices attained the peak figure at $7,185 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($12,546 per ton), while the price for China ($3,454 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+2.1%), while the prices for the other major suppliers experienced a decline.
Knitted Fabric Price in Thailand (FOB) - 2023
The average knitted fabric export price stood at $9,130 per ton in July 2023, with an increase of 3.8% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 10% against the previous month. As a result, the export price attained the peak level of $9,696 per ton. From December 2022 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Jordan ($12,333 per ton), while the average price for exports to Germany ($5,217 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Knitted Fabric Imports in Thailand
In 2022, after three years of growth, there was decline in supplies from abroad of knitted or crocheted fabrics, when their volume decreased by -2.8% to 63K tons. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 15%.
In value terms, knitted fabric imports declined to $414M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $450M, and then shrank in the following year.
Import of Knitted Fabric in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 140 | 150 | 163 | 7.9% | |
Taiwan (Chinese) | 127 | 83.8 | 108 | -7.8% | |
Vietnam | 64.2 | 76.4 | 107 | 29.1% | |
Hong Kong SAR | 22.5 | 27.4 | 19.5 | -6.9% | |
South Korea | 10.6 | 7.3 | 6.3 | -22.9% | |
India | 2.3 | 2.0 | 4.4 | 38.3% | |
Others | 41.7 | 32.3 | 41.5 | -0.2% | |
Total | 408 | 379 | 450 | 5.0% |
Top Suppliers of Knitted Fabric to Thailand in 2022:
- China (33.5K tons)
- Vietnam (14.2K tons)
- Taiwan (Chinese) (10.2K tons)
- Hong Kong SAR (1.3K tons)
- India (1.1K tons)
- South Korea (1.1K tons)
Knitted Fabric Exports in Thailand
In 2022, shipments abroad of knitted or crocheted fabrics decreased by -8% to 46K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, the exports reached the peak of 49K tons, and then contracted in the following year.
In value terms, knitted fabric exports reduced to $371M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of $407M, and then fell in the following year.
Export of Knitted Fabric in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Vietnam | 138 | 143 | 145 | 2.5% | |
Cambodia | 90.4 | 71.2 | 82.0 | -4.8% | |
Indonesia | 24.4 | 13.3 | 25.1 | 1.4% | |
Bangladesh | 14.0 | 16.4 | 24.1 | 31.2% | |
Sri Lanka | 17.2 | 11.5 | 14.0 | -9.8% | |
China | 12.6 | 6.5 | 11.3 | -5.3% | |
Germany | 6.9 | 7.2 | 11.0 | 26.3% | |
Lao People's Democratic Republic | 12.5 | 8.1 | 10.8 | -7.0% | |
Myanmar | 5.5 | 4.9 | 8.4 | 23.6% | |
United States | 4.6 | 6.6 | 6.5 | 18.9% | |
India | 2.4 | 2.6 | 5.0 | 44.3% | |
Others | 47.5 | 43.9 | 63.2 | 15.3% | |
Total | 376 | 336 | 407 | 4.0% |
Top Export Markets for Knitted Fabric from Thailand in 2022:
- Vietnam (16.7K tons)
- Cambodia (11.3K tons)
- Bangladesh (3.1K tons)
- Indonesia (2.8K tons)
- Germany (2.1K tons)
- Myanmar (1.7K tons)
- Sri Lanka (1.6K tons)
- United States (1.3K tons)
- Lao People's Democratic Republic (1.2K tons)
- China (1.0K tons)
- India (0.9K tons)
This report provides an in-depth analysis of the knitted fabric 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 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
- Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile fabrics)
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
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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
This report provides an in-depth analysis of the knitted fabric market in Thailand.
This report provides an in-depth analysis of the market for pile and terry fabric in Thailand.
This report provides an in-depth analysis of the global knitted fabric market.
Global Pile and Terry Fabric Market Report 2018. This report provides an in-depth analysis of the global market for pile and terry fabric.
This report provides an in-depth analysis of the knitted fabric market in Thailand.
This report provides an in-depth analysis of the market for pile and terry fabric in Thailand.
This report provides an in-depth analysis of the global knitted fabric market.
Global Pile and Terry Fabric Market Report 2018. This report provides an in-depth analysis of the global market for pile and terry fabric.
Knitted Fabric imports experienced the fastest growth rate in March 2023, increasing by 61% month-on-month. The value of these imports declined to $31 million in September 2023.
Explore the top import markets for knitted fabric in 2023, including Vietnam, Cambodia, Indonesia, and more. Learn about the major players in the global textile industry.
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