Thailand - Textile Products And Articles For Technical Uses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAverage Price of Technical Textiles in Thailand Is $13.6 per kg
Thailand Technical Textiles Import Price in June 2023
In June 2023, the technical textiles price amounted to $13,617 per ton (CIF, Thailand), approximately equating the previous month. Over the period under review, the import price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in January 2023 when the average import price increased by 42% m-o-m. The import price peaked at $20,753 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($41,084 per ton), while the price for China ($8,319 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 Germany (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
COUNTRY | Import Price of Technical Textiles in Thailand (USD per ton) | ||||||||||||
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Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
Japan | 40,217 | 34,755 | 35,751 | 42,963 | 40,492 | 37,368 | 39,749 | 47,050 | 39,465 | 39,785 | 48,069 | 41,804 | 41,084 |
Germany | 27,199 | 34,768 | 35,212 | 19,064 | 29,473 | 24,747 | 23,400 | 24,917 | 38,991 | 29,982 | 36,920 | 30,038 | 33,915 |
United States | 34,078 | 30,470 | 35,518 | 37,104 | 48,408 | 31,391 | 33,117 | 33,809 | 37,587 | 21,201 | 43,931 | 39,648 | 29,420 |
Malaysia | 9,678 | 9,304 | 8,844 | 11,910 | 6,805 | 11,638 | 18,040 | 9,617 | 6,888 | 4,883 | 8,510 | 10,160 | 10,463 |
China | 13,637 | 10,049 | 12,484 | 13,100 | 10,525 | 8,026 | 8,388 | 13,234 | 12,949 | 10,307 | 10,311 | 6,956 | 8,319 |
Average | 19,668 | 15,083 | 18,550 | 19,218 | 17,124 | 12,989 | 13,664 | 19,400 | 20,753 | 14,717 | 15,809 | 13,685 | 13,617 |
Thailand Technical Textiles Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In June 2023, the product with the highest price was textile wicks, woven, plaited or knitted; for lamps, stoves, lighters, candles or the like; incandescent gas mantles and tubular knitted gas mantle fabric therefor, whether or not impregnated ($31,115 per ton), while the price for textile products and articles for technical uses; specified in note 7 to this chapter ($12,959 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 textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (+1.8%), while the prices for the other products experienced mixed trend patterns.
Thailand Technical Textiles Imports
In June 2023, the amount of textile products and articles for technical uses imported into Thailand dropped dramatically to 755 tons, falling by -15% on the previous month's figure. Overall, total imports indicated moderate growth from June 2022 to June 2023: its volume increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, imports increased by +84.9% against February 2023 indices. The pace of growth was the most pronounced in March 2023 with an increase of 101% against the previous month.
In value terms, technical textiles imports shrank markedly to $10M (IndexBox estimates) in June 2023. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 42% month-to-month.
Thailand Technical Textiles Imports by Type
In June 2023, textile products and articles for technical uses; specified in note 7 to this chapter (590 tons) constituted the largest type of technical textiles supplied to Thailand, with a 78% share of total imports. Moreover, textile products and articles for technical uses; specified in note 7 to this chapter exceeded the figures recorded for the second-largest type, textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (102 tons), sixfold. Textile hosepiping and similar textile tubing (63 tons) ranked third in terms of total imports with an 8.3% share.
From June 2022 to June 2023, the average monthly growth rate of the volume of import of textile products and articles for technical uses; specified in note 7 to this chapter amounted to +2.5%. With regard to the other supplied products, the following average monthly rates of growth were recorded: textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (-0.5% per month) and textile hosepiping and similar textile tubing (+12.8% per month).
In value terms, textile products and articles for technical uses; specified in note 7 to this chapter ($7.6M) constituted the largest type of technical textiles supplied to Thailand, comprising 74% of total imports. The second position in the ranking was held by textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material ($1.7M), with a 16% share of total imports. It was followed by textile hosepiping and similar textile tubing, with a 9.4% share.
Thailand Technical Textiles Imports by Country
In June 2023, China (534 tons) constituted the largest supplier of technical textiles to Thailand, accounting for a 71% share of total imports. Moreover, technical textiles imports from China exceeded the figures recorded by the second-largest supplier, Japan (44 tons), more than tenfold. The United States (33 tons) ranked third in terms of total imports with a 4.4% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of volume from China amounted to +3.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (-2.6% per month) and the United States (+2.2% per month).
In value terms, China ($4.4M) constituted the largest supplier of technical textiles to Thailand, comprising 43% of total imports. The second position in the ranking was held by Japan ($1.8M), with an 18% share of total imports. It was followed by the United States, with a 9.4% share.
From June 2022 to June 2023, the average monthly growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (-2.4% per month) and the United States (+1.0% per month).
This report provides an in-depth analysis of the technical textiles 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 13961620 - Textile hosepiping and similar textile tubing, whether or not impregnated or coated, with or without lining, armour or accessories of other materials
- Prodcom 13961650 - Textile wicks, conveyor belts or belting (including reinforced with metal or other material)
- Prodcom 13961680 - Textile fabrics and felts, for paper-making machines or similar machines (including for pulp or asbestos-cement)
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024