Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Thailand - 2024

Contents:

1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Thailand (CIF) - 2022
2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Thailand (FOB) - 2022
3. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Thailand
4. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Thailand

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Thailand (CIF) - 2022

In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $380 per unit, picking up by 61% against the previous year. Over the period under review, the import price recorded a buoyant increase. The growth pace was the most rapid in 2013 when the average import price increased by 306% against the previous year. As a result, import price reached the peak level of $461 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,331 per unit), while the price for Hong Kong SAR ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Thailand (FOB) - 2022

The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $4.7 per unit in 2022, shrinking by -89.7% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 an increase of 88%. Over the period under review, the average export prices hit record highs at $74 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($62 per unit), while the average price for exports to the United States ($3.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Thailand

In 2022, overseas purchases of articles of apparel, clothing accessories and other articles of furskin decreased by -2.2% to 3.6K units, falling for the second consecutive year after two years of growth. Overall, imports recorded a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 37%. As a result, imports attained the peak of 7.6K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin surged to $1.4M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Thailand in 2022:

1. Pakistan (1396.0 units)
2. China (1166.0 units)
3. Turkey (523.0 units)
4. Italy (418.0 units)

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Thailand

In 2022, exports of articles of apparel, clothing accessories and other articles of furskin from Thailand surged to 275K units, picking up by 802% compared with the previous year. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin reduced to $1.3M in 2022. Overall, exports saw a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 62%. As a result, the exports attained the peak of $1.4M, and then shrank in the following year.

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Thailand in 2022:

1. United States (255.8K units)
2. New Zealand (9.3K units)
3. Belgium (4.6K units)
4. China (2.9K units)

Source: IndexBox Market Intelligence Platform