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Cambodia's fabric imports from Thailand dip in H1 2023

07 Oct '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cambodia's fabric imports from Thailand were valued at $51.7 million in H1 2023, marking a decrease from $88.95 million in the same period of 2022.
  • Despite the dip in volume, the average import price rose to $9.52 per kg from $8.74 per kg last year.
  • Fabric from Thailand constituted just 2.9 per cent of Cambodia's total fabric imports in H1 2023.
Cambodia's fabric imports from Thailand were valued at $51.770 million during the first half of this year. The country imported 5.436 million kg of fabric at an average price of $9.52 per kg. Both the value and volume of the imports were lower than those recorded during the first half of 2022. However, the average price of the imports increased during the period. 

The country had imported 10.176 million kg of fabric valued at $88.952 million in the first half of 2022. The average price was noted at $8.74 per kg, according to Fibre2Fashion’s market insight tool TexPro. 

In January-July 2023, Cambodia imported a total of 5.869 million kg of fabric valued at $55.495 million at an average price of $9.46 per kg. Last year, the total imports stood at 17.578 million kg, valued at $157.03 million, with an average price of $8.93 per kg. 

The country’s fabric imports from Thailand were 15.758 million kg valued at $123.261 million at an average price $7.82 per kg in 2021. In 2020, the imports were 12.791 million kg valued at $108.891 million (average price $8.51 per kg), and in 2019, they were 15.189 million kg valued at $133.666 million (average price $8.80 per kg), as per TexPro. 

Interestingly, fabric imports from Thailand made up a minor portion, only 2.9 per cent, of Cambodia's total fabric imports, which amounted to $1,790.868 million in the first half of 2023. Other significant fabric suppliers for Cambodia include China, Taiwan, and Hong Kong. 

Fibre2Fashion News Desk (KUL)


This according to Fibre2Fashion's Market Intelligence Tool - TexPro

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