Reference
·Primary source
Sri Trang Gloves Annual Production Capacity
~40–50B pieces/yr
Sri Trang Gloves (SET: STGT), the medical-glove arm of Sri Trang Agro-Industry, is one of the world's largest natural-rubber medical-glove manufacturers with production capacity of approximately 40–50 billion pieces per year across its Songkhla and Samut Sakhon facilities. STGT's annual report discloses capacity in pieces per year and export-destination breakdown (the US, EU, and Japan dominate). Post-COVID demand normalization pressured average selling prices from their 2021 peak; STGT responded by diversifying into nitrile gloves and growing the surgical-glove specialty segment, which carries higher margins than examination gloves. The company is a bellwether for Thailand's rubber-to-medical-products value chain.
Figure in context
Sri Trang Gloves (SET: STGT), the medical-glove arm of Sri Trang Agro-Industry, is one of the world's largest natural-rubber medical-glove manufacturers with production capacity of approximately 40–50 billion pieces per year across its Songkhla and Samut Sakhon facilities. STGT's annual report discloses capacity in pieces per year and export-destination breakdown (the US, EU, and Japan dominate). Post-COVID demand normalization pressured average selling prices from their 2021 peak; STGT responded by diversifying into nitrile gloves and growing the surgical-glove specialty segment, which carries higher margins than examination gloves. The company is a bellwether for Thailand's rubber-to-medical-products value chain.
Sri Trang Gloves (SET: STGT), the medical-glove arm of Sri Trang Agro-Industry, is one of the world's largest natural-rubber medical-glove manufacturers with production capacity of approximately 40–50 billion pieces per year across its Songkhla and Samut Sakhon facilities. STGT's annual report discloses capacity in pieces per year and export-destination breakdown (the US, EU, and Japan dominate). Post-COVID demand normalization pressured average selling prices from their 2021 peak; STGT responded by diversifying into nitrile gloves and growing the surgical-glove specialty segment, which carries higher margins than examination gloves. The company is a bellwether for Thailand's rubber-to-medical-products value chain.
Time scope
FY2023
Source basis
Primary source
Interpretation notes
What this tells you
Sri Trang Gloves (SET: STGT), the medical-glove arm of Sri Trang Agro-Industry, is one of the world's largest natural-rubber medical-glove manufacturers with production capacity of approximately 40–50 billion pieces per year across its Songkhla and Samut Sakhon facilities. STGT's annual report discloses capacity in pieces per year and export-destination breakdown (the US, EU, and Japan dominate). Post-COVID demand normalization pressured average selling prices from their 2021 peak; STGT responded by diversifying into nitrile gloves and growing the surgical-glove specialty segment, which carries higher margins than examination gloves. The company is a bellwether for Thailand's rubber-to-medical-products value chain.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
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