Price for Cotton; Yarn Waste (Including Thread Waste) in Thailand - 2023
Contents:
- Price for Cotton; Yarn Waste (Including Thread Waste) in Thailand (CIF) - 2022
- Price for Cotton; Yarn Waste (Including Thread Waste) in Thailand (FOB) - 2022
- Imports of Cotton; Yarn Waste (Including Thread Waste) in Thailand
- Exports of Cotton; Yarn Waste (Including Thread Waste) in Thailand
Price for Cotton; Yarn Waste (Including Thread Waste) in Thailand (CIF) - 2022
The average import price for cotton; yarn waste (including thread waste) stood at $1,223 per ton in 2022, increasing by 42% against the previous year. Over the period under review, the import price saw a prominent increase. The growth pace was the most rapid in 2017 an increase of 54%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
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 Vietnam ($1,504 per ton), while the price for Pakistan ($773 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton; Yarn Waste (Including Thread Waste) in Thailand (FOB) - 2022
In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $356 per ton, shrinking by -19.8% against the previous year. Overall, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2018 an increase of 43% against the previous year. The export price peaked at $926 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($844 per ton), while the average price for exports to Malaysia ($263 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 Hong Kong SAR (+44.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton; Yarn Waste (Including Thread Waste) in Thailand
In 2022, the amount of cotton; yarn waste (including thread waste) imported into Thailand surged to 551 tons, increasing by 24% compared with the previous year's figure. Overall, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 481% against the previous year.
In value terms, imports of cotton; yarn waste (including thread waste) skyrocketed to $674K in 2022. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 730% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Cotton; Yarn Waste (Including Thread Waste) in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 32.1 | 301 | 837.7% |
| Taiwan (Chinese) | 88.6 | 44.7 | 133 | 239 | 39.2% |
| Pakistan | 241 | 0.5 | 116 | 78.1 | -31.3% |
| Cote d'Ivoire | N/A | N/A | N/A | 29.4 | 0% |
| Vietnam | N/A | N/A | 82.2 | 26.1 | -68.2% |
| Bangladesh | 212 | 0.7 | 18.1 | N/A | -70.8% |
| Others | 4.5 | N/A | 0.3 | N/A | -74.2% |
| Total | 546 | 46.0 | 381 | 674 | 7.3% |
Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Thailand in 2022:
- Taiwan (Chinese) (210.1 tons)
- United States (202.5 tons)
- Pakistan (101.0 tons)
- Cote d'Ivoire (20.2 tons)
- Vietnam (17.3 tons)
Exports of Cotton; Yarn Waste (Including Thread Waste) in Thailand
In 2022, exports of cotton; yarn waste (including thread waste) from Thailand soared to 874 tons, rising by 188% compared with the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cotton; yarn waste (including thread waste) soared to $311K in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cotton; Yarn Waste (Including Thread Waste) in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 75.6 | 61.7 | 120 | 172 | 31.5% |
| Malaysia | N/A | 6.7 | N/A | 124 | 330.2% |
| Myanmar | 59.0 | 10.3 | 4.6 | 13.9 | -38.2% |
| Others | 7.7 | 10.6 | 10.4 | 2.0 | -36.2% |
| Total | 142 | 89.3 | 135 | 311 | 29.9% |
Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Thailand in 2022:
- Malaysia (470.7 tons)
- Pakistan (386.0 tons)
- Myanmar (16.4 tons)
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