Thailand: Market for Bed Linen Of Cotton 2024

Market Size for Bed Linen Of Cotton in Thailand

The Thai bed linen of cotton market reduced to $X in 2022, declining by -5.5% against the previous year. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.8% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Bed Linen Of Cotton in Thailand

In value terms, bed linen of cotton production shrank to $X in 2022 estimated in export price. In general, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.6% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 73%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Bed Linen Of Cotton

Exports from Thailand

For the tenth year in a row, Thailand recorded decline in overseas shipments of bed linen of cotton, which decreased by -4.4% to X tons in 2022. Overall, exports continue to indicate a abrupt downturn. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, bed linen of cotton exports stood at $X in 2022. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 42% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Myanmar (X tons) was the main destination for bed linen of cotton exports from Thailand, with a 52% share of total exports. Moreover, bed linen of cotton exports to Myanmar exceeded the volume sent to the second major destination, Cambodia (X tons), fivefold. Qatar (X tons) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar totaled +49.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (-2.1% per year) and Qatar (+15.0% per year).

In value terms, the largest markets for bed linen of cotton exported from Thailand were Myanmar ($X), Cambodia ($X) and Qatar ($X), together comprising 61% of total exports.

Myanmar, with a CAGR of +39.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average bed linen of cotton export price amounted to $X per ton, surging by 7.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 61% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Tanzania ($X 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 United Arab Emirates (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bed Linen Of Cotton

Imports into Thailand

In 2022, the amount of bed linen of cotton imported into Thailand surged to X tons, growing by 20% on the previous year's figure. Overall, imports enjoyed a mild expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 75% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, bed linen of cotton imports skyrocketed to $X in 2022. In general, imports saw a slight expansion. The growth pace was the most rapid in 2018 with an increase of 82% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest bed linen of cotton supplier to Thailand, accounting for a 87% share of total imports. Moreover, bed linen of cotton imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X tons), more than tenfold. The third position in this ranking was held by India (X tons), with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+12.7% per year) and India (+15.8% per year).

In value terms, China ($X) constituted the largest supplier of bed linen of cotton to Thailand, comprising 82% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 4.9% share of total imports. It was followed by India, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+10.8% per year) and India (+20.7% per year).

Import Prices by Country

The average bed linen of cotton import price stood at $X per ton in 2022, jumping by 21% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 41% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Pakistan ($X per ton) and India ($X per ton), while the price for Malaysia ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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