Thailand: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in Thailand

The Thai market for chamois leather and combination chamois leather rose modestly to $X in 2022, growing by 2.6% against the previous year. Overall, consumption showed a noticeable setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Chamois Leather and Combination Chamois Leather in Thailand

In value terms, production of chamois leather and combination chamois leather expanded modestly to $X in 2022 estimated in export price. In general, production saw a pronounced reduction. The growth pace was the most rapid in 2020 when the production volume increased by 20%. Over the period under review, production of reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Chamois Leather and Combination Chamois Leather

Exports from Thailand

In 2022, after two years of growth, there was significant decline in shipments abroad of chamois leather and combination chamois leather, when their volume decreased by -19.9% to X square meters. In general, exports recorded a deep downturn. The growth pace was the most rapid in 2014 when exports increased by 97%. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of chamois leather and combination chamois leather shrank rapidly to $X in 2022. Overall, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 when exports increased by 167% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

China (X square meters), Pakistan (X square meters) and the United States (X square meters) were the main destinations of exports of chamois leather and combination chamois leather from Thailand, together accounting for 87% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +82.2%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for chamois leather and combination chamois leather exports from Thailand, comprising 73% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by Pakistan, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.0% per year) and Pakistan (+53.1% per year).

Export Prices by Country

The average export price for chamois leather and combination chamois leather stood at $X per square meter in 2022, waning by -46.3% against the previous year. Overall, the export price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 56%. As a result, the export price attained the peak level of $X per square meter. From 2019 to 2022, the average 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 Hong Kong SAR ($X per square meter), while the average price for exports to the United States ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+88.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chamois Leather and Combination Chamois Leather

Imports into Thailand

In 2022, the amount of chamois leather and combination chamois leather imported into Thailand surged to X square meters, rising by 226% compared with the previous year. Over the period under review, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2018 when imports increased by 1,781%. Imports peaked at X square meters in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of chamois leather and combination chamois leather dropped rapidly to $X in 2022. In general, imports, however, faced a dramatic shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 1,971% against the previous year. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X square meters) was the main supplier of chamois leather and combination chamois leather to Thailand, with a 98% share of total imports. It was followed by Italy (X square meters), with a 0.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +23.3%.

In value terms, China ($X) constituted the largest supplier of chamois leather and combination chamois leather to Thailand, comprising 89% of total imports. The second position in the ranking was taken by Italy ($X), with a 3.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +20.2%.

Import Prices by Country

In 2022, the average import price for chamois leather and combination chamois leather amounted to $X per square meter, reducing by -89.4% against the previous year. Overall, the import price saw a deep reduction. The growth pace was the most rapid in 2019 when the average import price increased by 99%. Over the period under review, average import prices attained the maximum at $X per square meter in 2021, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for China totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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