Thailand - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Thailand - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights

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Synthetic Filament Tow Price in Thailand - 2023

Contents:

  1. Synthetic Filament Tow Price in Thailand (FOB) - 2023
  2. Synthetic Filament Tow Price in Thailand (CIF) - 2023
  3. Synthetic Filament Tow Exports in Thailand
  4. Synthetic Filament Tow Imports in Thailand

Synthetic Filament Tow Price in Thailand (FOB) - 2023

In September 2023, the average synthetic filament tow export price amounted to $1,286 per ton, flattening at the previous month. In general, the export price, however, recorded a mild contraction. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 6.7% month-to-month. The export price peaked at $1,475 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Japan ($2,140 per ton), while the average price for exports to Brazil ($934 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.0%), while the prices for the other major destinations experienced a decline.

Synthetic Filament Tow Price in Thailand (CIF) - 2023

In September 2023, the average synthetic filament tow import price amounted to $1,707 per ton, remaining stable against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 15% month-to-month. Over the period under review, average import prices reached the peak figure at $2,027 per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,273 per ton), while the price for South Korea ($1,351 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.2%), while the prices for the other major suppliers experienced a decline.

Synthetic Filament Tow Exports in Thailand

In 2022, overseas shipments of synthetic filament tow and staple fibers, not carded or combed decreased by -8.2% to 433K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, the exports reached the peak of 483K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, synthetic filament tow exports amounted to $670M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Synthetic Filament Tow in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States75.162.599.211916.6%
Indonesia79.559.198.489.64.1%
Vietnam60.247.342.957.2-1.7%
China97.679.874.346.3-22.0%
India32.826.642.241.48.1%
Pakistan31.857.162.735.43.6%
Japan23.425.325.334.814.1%
Malaysia7.412.315.129.458.4%
Turkey10.910.313.827.436.0%
Bangladesh20.512.833.024.66.3%
Brazil12.513.521.720.217.3%
Mexico4.83.96.614.845.5%
Philippines14.27.613.313.2-2.4%
Others129101104117-3.2%
Total6005196536703.7%

Top Export Markets for Synthetic Filament Tow from Thailand in 2022:

  1. United States (90.7K tons)
  2. Indonesia (51.5K tons)
  3. Vietnam (49.9K tons)
  4. China (29.9K tons)
  5. India (24.3K tons)
  6. Pakistan (23.3K tons)
  7. Bangladesh (20.9K tons)
  8. Brazil (16.4K tons)
  9. Japan (16.4K tons)
  10. Mexico (11.1K tons)
  11. Malaysia (10.8K tons)
  12. Turkey (10.4K tons)
  13. Philippines (9.6K tons)

Synthetic Filament Tow Imports in Thailand

In 2022, synthetic filament tow imports into Thailand dropped slightly to 68K tons, shrinking by -3.2% on the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports attained the peak of 70K tons, and then contracted slightly in the following year.

In value terms, synthetic filament tow imports rose rapidly to $133M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Synthetic Filament Tow in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.325.238.647.221.5%
Taiwan (Chinese)23.422.723.520.9-3.7%
South Korea18.015.822.020.54.4%
Japan11.88.511.115.08.3%
Indonesia11.46.88.29.7-5.2%
United States6.04.57.48.813.6%
Malaysia4.62.74.43.4-9.6%
India4.82.51.1N/A-52.1%
Others4.85.56.87.315.0%
Total11194.11231336.2%

Top Suppliers of Synthetic Filament Tow to Thailand in 2022:

  1. India (undefinedK tons)
  2. China (24.7K tons)
  3. Taiwan (Chinese) (14.6K tons)
  4. South Korea (12.8K tons)
  5. Indonesia (6.0K tons)
  6. Japan (4.6K tons)
  7. Malaysia (2.0K tons)
  8. United States (1.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the synthetic filament tow 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 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601120 - Other polyamide tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601140 - Acrylic tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601150 - Polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning
  • Prodcom 20601190 - Other synthetic tow and staple not carded, combed or otherwise processed for spinning

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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