Thailand - Wadding - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWadding Price in Thailand - 2023
Contents:
- Wadding Price in Thailand (FOB) - 2023
- Wadding Price in Thailand (CIF) - 2023
- Wadding Exports in Thailand
- Wadding Imports in Thailand
Wadding Price in Thailand (FOB) - 2023
The average wadding export price stood at $10,340 per ton in July 2023, surging by 33% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.9%. The most prominent rate of growth was recorded in August 2022 an increase of 35% m-o-m. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($34,215 per ton), while the average price for exports to Vietnam ($4,780 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+54.4%), while the prices for the other major destinations experienced more modest paces of growth.
Wadding Price in Thailand (CIF) - 2023
In July 2023, the average wadding import price amounted to $7,567 per ton, growing by 25% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 59% month-to-month. As a result, import price reached the peak level of $8,714 per ton. From December 2022 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($10,775 per ton), while the price for China ($6,970 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Wadding Exports in Thailand
In 2022, approx. 13K tons of wadding were exported from Thailand; picking up by 24% compared with the year before. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wadding exports soared to $83M in 2022. The total export value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Wadding in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 20.8 | 17.7 | 25.7 | 25.7 | 7.3% |
| Vietnam | 4.3 | 4.5 | 5.2 | 10.5 | 34.7% |
| India | 0.5 | 1.0 | 4.2 | 9.9 | 170.5% |
| China | 12.7 | 5.7 | 4.2 | 5.9 | -22.6% |
| Philippines | 7.0 | 6.9 | 6.1 | 5.8 | -6.1% |
| Romania | 6.1 | 3.4 | 1.0 | 3.7 | -15.4% |
| Indonesia | 1.0 | 1.2 | 1.1 | 3.6 | 53.3% |
| Cambodia | 1.2 | 1.0 | 3.7 | 3.6 | 44.2% |
| Taiwan (Chinese) | 4.4 | 3.7 | 3.7 | 2.8 | -14.0% |
| Singapore | 0.9 | 1.2 | 1.4 | 2.1 | 32.6% |
| Hong Kong SAR | 2.7 | 2.3 | 1.9 | 1.8 | -12.6% |
| Bangladesh | 0.5 | 0.5 | 0.5 | 1.2 | 33.9% |
| Lao People's Democratic Republic | 2.3 | 1.8 | 0.7 | 0.6 | -36.1% |
| Others | 10.7 | 6.4 | 9.9 | 5.6 | -19.4% |
| Total | 75.1 | 57.3 | 69.3 | 82.7 | 3.3% |
Top Export Markets for Wadding from Thailand in 2022:
- South Korea (3185.4 tons)
- Vietnam (2491.1 tons)
- India (1971.3 tons)
- China (910.9 tons)
- Philippines (896.5 tons)
- Cambodia (502.3 tons)
- Taiwan (Chinese) (460.4 tons)
- Indonesia (423.0 tons)
- Hong Kong SAR (321.3 tons)
- Romania (269.1 tons)
- Singapore (226.3 tons)
- Bangladesh (223.9 tons)
- Lao People's Democratic Republic (108.0 tons)
Wadding Imports in Thailand
In 2022, purchases abroad of wadding decreased by -0.6% to 1.9K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 10% against the previous year. As a result, imports reached the peak of 1.9K tons; afterwards, it flattened through to 2022.
In value terms, wadding imports declined to $12M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of $12M, and then shrank slightly in the following year.
| Import of Wadding in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 3.4 | 4.4 | 4.5 | 4.9% |
| Philippines | N/A | N/A | 0.3 | 2.0 | 566.7% |
| Japan | 2.1 | 2.0 | 2.7 | 1.8 | -5.0% |
| Malaysia | 1.3 | 1.1 | 1.3 | 0.9 | -11.5% |
| Vietnam | 0.7 | 0.9 | 1.2 | 0.8 | 4.6% |
| South Korea | 1.6 | 1.1 | 0.8 | 0.6 | -27.9% |
| Indonesia | N/A | N/A | N/A | 0.3 | 0% |
| Italy | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| India | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Poland | 0.4 | 0.4 | 0.2 | N/A | -29.3% |
| Others | 0.5 | 0.4 | 0.7 | 0.8 | 17.0% |
| Total | 11.0 | 9.8 | 11.9 | 11.7 | 2.1% |
Top Suppliers of Wadding to Thailand in 2022:
- China (948.5 tons)
- Japan (277.3 tons)
- Malaysia (164.2 tons)
- South Korea (128.4 tons)
- Vietnam (89.8 tons)
- Indonesia (75.1 tons)
- India (57.9 tons)
- Philippines (47.0 tons)
- Italy (17.1 tons)
This report provides an in-depth analysis of the wadding 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 17221240 - Wadding, other articles of wadding
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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