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Thailand - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Thailand - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Aug 28, 2023

Thailand's Sewing Thread Price Drops to $8,677/Ton

Thailand Sewing Thread Import Price in June 2023

In June 2023, the sewing thread price stood at $8,677 per ton (CIF, Thailand), falling by -2.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 24% m-o-m. Over the period under review, average import prices reached the maximum at $11,176 per ton in September 2022; however, from October 2022 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($16,953 per ton), while the price for Indonesia ($5,713 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+19.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Thailand Sewing Thread Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Sewing Thread in Thailand (USD per ton)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
Japan19,14117,27917,31116,77216,18518,09220,08521,30617,15817,32018,66716,99716,953
South Korea1,5503,8333,4308,4892,9373,25711,8773,42811,6903,1813,65712,85013,717
China9,8729,2529,07510,6727,1707,4646,2859,32510,0637,5666,9417,2067,298
Vietnam4,9514,0813,8615,0543,4405,0147,8196,0845,5144,4955,4995,1186,619
Indonesia15,4296,1246,064N/A70,7445,57320,8258,4958,9698,6096,34422,0005,713
Average7,5779,3359,32411,1767,1408,1667,4749,26510,6698,1827,7448,8608,677

Thailand Sewing Thread Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was sewing thread of man-made filaments, whether or not put up for retail sale ($12,342 per ton), while the price for sewing thread of man-made staple fibres, whether or not put up for retail sale totaled $3,622 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by sewing thread of man-made filaments, whether or not put up for retail sale (+2.8%).

Thailand Sewing Thread Imports

In June 2023, approximately 196 tons of sewing thread of man-made filaments or staple fibers were imported into Thailand; which is down by -18.7% compared with May 2023. In general, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in March 2023 with an increase of 114% month-to-month.

In value terms, sewing thread imports fell dramatically to $1.7M (IndexBox estimates) in June 2023. Overall, imports saw a noticeable shrinkage. The growth pace was the most rapid in January 2023 when imports increased by 65% month-to-month.

Thailand Sewing Thread Imports by Type

Sewing thread of man-made filaments, whether or not put up for retail sale (114 tons) and sewing thread of man-made staple fibres, whether or not put up for retail sale (82 tons) were the main products of sewing thread imports to Thailand.

From June 2022 to June 2023, the biggest increases were in sewing thread of man-made staple fibres, whether or not put up for retail sale (with a CAGR of +0.5%).

In value terms, sewing thread of man-made filaments, whether or not put up for retail sale ($1.4M) constituted the largest type of sewing thread supplied to Thailand, comprising 82% of total imports. The second position in the ranking was held by sewing thread of man-made staple fibres, whether or not put up for retail sale ($298K), with an 18% share of total imports.

Thailand Sewing Thread Imports by Country

In June 2023, China (137 tons) constituted the largest sewing thread supplier to Thailand, with a 70% share of total imports. Moreover, sewing thread imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (21 tons), sixfold. Japan (13 tons) ranked third in terms of total imports with a 6.8% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of volume from China totaled -1.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (-2.5% per month) and Japan (+3.9% per month).

In value terms, China ($1M) constituted the largest supplier of sewing thread to Thailand, comprising 59% of total imports. The second position in the ranking was taken by Japan ($226K), with a 13% share of total imports. It was followed by the UK, with an 8.7% share.

From June 2022 to June 2023, the average monthly growth rate of value from China amounted to -4.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+2.8% per month) and the UK (-0.5% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sewing thread 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 13108510 - Sewing thread of man-made filaments
  • Prodcom 13108550 - Sewing thread of man-made staple 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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