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Thailand - Embroidery (Without Visible Ground) In The Piece - Market Analysis, Forecast, Size, Trends And Insights

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Jun 11, 2023

Thailand's Embroidery Price Reduces Dramatically to $21.8 per kg

Thailand Embroidery Export Price in April 2023

In April 2023, the embroidery price stood at $21,755 per ton (FOB, Thailand), declining by -49.7% against the previous month. Over the period under review, the export price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 92% month-to-month. As a result, the export price reached the peak level of $48,604 per ton. From March 2023 to April 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In April 2023, the country with the highest price was Cambodia ($20,823 per ton), while the average price for exports to Myanmar ($11,775 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

COUNTRY	Export Price of Embroidery in Thailand (USD per ton)
COUNTRY	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023
Cambodia	N/A	17,398	17,292	17,389	23,476	18,971	16,851	18,229	27,853	N/A	N/A	18,425	20,823
Chile	N/A	N/A	N/A	N/A	N/A	N/A	N/A	22,883	N/A	N/A	N/A	N/A	20,597
Senegal	N/A	20,590	26,382	N/A	20,020	N/A	20,005	22,106	21,732	N/A	N/A	N/A	20,383
Brazil	N/A	16,184	N/A	14,712	N/A	18,697	N/A	19,755	14,846	15,471	N/A	N/A	15,482
Myanmar	13,637	11,311	N/A	14,608	14,027	15,552	15,993	22,720	17,313	23,489	2,101	16,447	11,775
Nicaragua	N/A	N/A	N/A	N/A	12,600	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Average	17,976	23,964	35,431	25,776	20,697	30,866	22,064	27,198	18,486	25,351	48,604	43,232	21,755

Thailand Embroidery Exports

In April 2023, overseas shipments of embroidery (without visible ground) in the piece increased by 1,051% to 36 tons, rising for the second consecutive month after two months of decline. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, embroidery exports skyrocketed to $785K (IndexBox estimates) in April 2023. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Thailand Embroidery Exports by Country

Senegal (25 tons) was the main destination for embroidery exports from Thailand, with a 70% share of total exports. Moreover, embroidery exports to Senegal exceeded the volume sent to the second major destination, Brazil (5 tons), fivefold. The third position in this ranking was taken by Chile (2.2 tons), with a 6.1% share.

From April 2022 to April 2023, the average monthly growth rate of volume to Senegal stood at +13.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Brazil (+26.3% per month) and Chile (+18.2% per month).

In value terms, Senegal ($514K) emerged as the key foreign market for embroidery exports from Thailand, comprising 65% of total exports. The second position in the ranking was taken by Brazil ($77K), with a 9.8% share of total exports. It was followed by Chile, with a 5.8% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of value to Senegal totaled +13.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Brazil (+25.8% per month) and Chile (+15.7% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the embroidery 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 13991230 - Embroidery (without visible ground) in the piece, in strips or in motifs

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Thailand - Embroidery (Without Visible Ground) In The Piece - Market Analysis, Forecast, Size, Trends And Insights

Thailand's Embroidery Price Reduces Dramatically to $21.8 per kg

Thailand Embroidery Export Price in April 2023

Thailand Embroidery Exports

Thailand Embroidery Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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