Price for Tents of Synthetic Fibres in Thailand - 2023

Contents:

1. Price for Tents of Synthetic Fibres in Thailand (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Thailand (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Thailand
4. Exports of Tents of Synthetic Fibres in Thailand

Price for Tents of Synthetic Fibres in Thailand (CIF) - 2022

The average tents of synthetic fibres import price stood at $2,487 per ton in 2022, which is down by -1.6% against the previous year. In general, the import price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of 30% against the previous year. The import price peaked at $3,905 per ton in 2019; however, from 2020 to 2022, 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 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.5% per year.

Price for Tents of Synthetic Fibres in Thailand (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $7,818 per ton, waning by -18.2% against the previous year. In general, the export price, however, recorded a perceptible increase. The growth pace was the most rapid in 2017 when the average export price increased by 138% against the previous year. Over the period under review, the average export prices reached the maximum at $11,035 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($21,198 per ton), while the average price for exports to Myanmar ($2,766 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Thailand

For the fourth consecutive year, Thailand recorded growth in supplies from abroad of tents of synthetic fibreses, which increased by 34% to 11K tons in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 69%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, tents of synthetic fibres imports surged to $27M in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tents of Synthetic Fibres to Thailand in 2022:

1. China (10.3K tons)

Exports of Tents of Synthetic Fibres in Thailand

In 2022, the amount of tents of synthetic fibreses exported from Thailand reached 100 tons, growing by 2.7% compared with the previous year. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year.

In value terms, tents of synthetic fibres exports reduced dramatically to $784K in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 134%.

Top Export Markets for Tents of Synthetic Fibres from Thailand in 2022:

1. Myanmar (18.8 tons)
2. Cambodia (12.9 tons)
3. United States (10.6 tons)
4. United Arab Emirates (8.5 tons)
5. Latvia (7.3 tons)
6. South Korea (7.2 tons)
7. Australia (6.9 tons)
8. Kazakhstan (3.9 tons)
9. South Africa (3.6 tons)
10. Malaysia (3.6 tons)
11. Philippines (2.9 tons)
12. Japan (2.6 tons)
13. Lao People's Democratic Republic (0.9 tons)

Source: IndexBox Market Intelligence Platform