Thailand: Paper Tablecloths Market 2024

Paper Tablecloths Market Size in Thailand

The Thai paper tablecloths market skyrocketed to $X in 2021, picking up by 21% against the previous year. In general, consumption, however, showed a slight decline. Paper tablecloths consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Paper Tablecloths Production in Thailand

In value terms, paper tablecloths production skyrocketed to $X in 2021 estimated in export price. In general, production, however, recorded a mild slump. The growth pace was the most rapid in 2019 with an increase of 31% against the previous year. Paper tablecloths production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Paper Tablecloths Exports

Exports from Thailand

In 2021, the amount of paper tablecloths and serviettes exported from Thailand contracted to X tons, falling by -11.2% compared with 2020 figures. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of 22%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, paper tablecloths exports shrank to $X in 2021. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 18%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Belgium (X tons) and Qatar (X tons) were the main destinations of paper tablecloths exports from Thailand, together accounting for 61% of total exports. These countries were followed by Mexico, Cambodia, Argentina, Singapore, Japan, Lao People's Democratic Republic, Australia, Myanmar, the United Arab Emirates and Hong Kong SAR, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +55.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), Belgium ($X) and the United States ($X) constituted the largest markets for paper tablecloths exported from Thailand worldwide, together comprising 58% of total exports. These countries were followed by Mexico, Cambodia, Lao People's Democratic Republic, Argentina, Singapore, Japan, Australia, Myanmar, the United Arab Emirates and Hong Kong SAR, which together accounted for a further 39%.

Myanmar, with a CAGR of +42.5%, recorded 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 2021, the average paper tablecloths export price amounted to $X per ton, with a decrease of -1.6% against the previous year. Overall, the export price saw a noticeable decline. The growth pace was the most rapid in 2019 an increase of 12%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Tablecloths Imports

Imports into Thailand

Paper tablecloths imports into Thailand shrank to X tons in 2021, waning by -7.7% compared with the previous year's figure. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 51%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, paper tablecloths imports fell to $X in 2021. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 when imports increased by 21%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest paper tablecloths supplier to Thailand, with a 57% share of total imports. Moreover, paper tablecloths imports from Indonesia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Malaysia (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Indonesia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-13.5% per year) and Malaysia (+0.4% per year).

In value terms, Indonesia ($X) constituted the largest supplier of paper tablecloths and serviettes to Thailand, comprising 54% of total imports. The second position in the ranking was taken by China ($X), with an 18% share of total imports. It was followed by Malaysia, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from Indonesia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-18.5% per year) and Malaysia (+2.7% per year).

Import Prices by Country

In 2021, the average paper tablecloths import price amounted to $X per ton, dropping by -6% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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