Thailand: Market for Chamois, Patent and Combination Leather 2024

Market Size for Chamois, Patent and Combination Leather in Thailand

The Thai market for chamois, patent and combination leather reduced to $X in 2022, falling by -4.6% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Chamois, Patent and Combination Leather in Thailand

In value terms, chamois, patent and combination leather production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 53%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Chamois, Patent and Combination Leather

Exports from Thailand

For the third consecutive year, Thailand recorded decline in overseas shipments of chamois, patent and combination leather, which decreased by -88.7% to X square meters in 2022. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2019 when exports increased by 92,685% against the previous year. As a result, the exports attained the peak of X square meters. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chamois, patent and combination leather exports reduced dramatically to $X in 2022. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 46,315% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Cambodia (X square meters), China (X square meters) and Pakistan (X square meters) were the main destinations of chamois, patent and combination leather exports from Thailand, together accounting for 40% of total exports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +82.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cambodia ($X) emerged as the key foreign market for chamois, patent and combination leather exports from Thailand, comprising 32% of total exports. The second position in the ranking was held by China ($X), with an 11% share of total exports. It was followed by Vietnam, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value to Cambodia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+5.1% per year) and Vietnam (-10.1% per year).

Export Prices by Country

In 2022, the average export price for chamois, patent and combination leather amounted to $X per square meter, surging by 584% against the previous year. In general, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($X per square meter), while the average price for exports to the United States ($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 Italy (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chamois, Patent and Combination Leather

Imports into Thailand

In 2022, the amount of chamois, patent and combination leather imported into Thailand skyrocketed to X square meters, with an increase of 142% against the year before. In general, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 202% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, chamois, patent and combination leather imports surged to $X in 2022. Over the period under review, imports, however, recorded a slight decline. The pace of growth appeared the most rapid in 2020 with an increase of 186% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of chamois, patent and combination leather to Thailand, accounting for a 36% share of total imports. Moreover, chamois, patent and combination leather imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X square meters), eightfold. The third position in this ranking was held by South Korea (X square meters), with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+37.7% per year) and South Korea (+38.3% per year).

In value terms, China ($X) constituted the largest supplier of chamois, patent and combination leather to Thailand, comprising 37% of total imports. The second position in the ranking was held by Brazil ($X), with a 4.5% share of total imports. It was followed by Italy, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+51.9% per year) and Italy (+1.6% per year).

Import Prices by Country

In 2022, the average import price for chamois, patent and combination leather amounted to $X per square meter, falling by -2% against the previous year. Over the period under review, the import price, however, saw a strong expansion. The growth pace was the most rapid in 2019 an increase of 49% against the previous year. The import price peaked at $X per square meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for India ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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