Thailand - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMineral Wool Price in Thailand - 2023
Contents:
- Mineral Wool Price in Thailand (CIF) - 2022
- Mineral Wool Price in Thailand (FOB) - 2022
- Mineral Wool Imports in Thailand
- Mineral Wool Exports in Thailand
Mineral Wool Price in Thailand (CIF) - 2022
The average mineral wool import price stood at $3,340 per ton in 2022, surging by 35% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mineral wool import price increased by +110.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 62%. The import price peaked in 2022 and is likely to see gradual 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 Japan ($19,503 per ton), while the price for Vietnam ($1,228 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Mineral Wool Price in Thailand (FOB) - 2022
The average mineral wool export price stood at $1,150 per ton in 2022, rising by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2019 an increase of 23%. As a result, the export price attained the peak level of $1,324 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
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 Japan ($1,326 per ton), while the average price for exports to Lao People's Democratic Republic ($400 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 Vietnam (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Mineral Wool Imports in Thailand
In 2022, approx. 3.9K tons of slag wool, rock wool and similar mineral wools and mixtures were imported into Thailand; falling by -32.3% on the previous year. Overall, imports saw a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 23%.
In value terms, mineral wool imports reduced to $13M in 2022. In general, imports saw a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 18%.
Import of Mineral Wool in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5.6 | 5.4 | 5.9 | 5.9 | 1.8% |
China | 3.8 | 2.9 | 4.3 | 3.6 | -1.8% |
Malaysia | 1.6 | 1.4 | 1.2 | 1.1 | -11.7% |
Netherlands | 1.2 | 0.7 | 1.4 | 1.0 | -5.9% |
India | 0.4 | 0.6 | 0.7 | 0.5 | 7.7% |
France | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
Vietnam | N/A | 0.2 | N/A | 0.1 | -29.3% |
Germany | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
Russia | 1.4 | N/A | N/A | N/A | 0% |
Others | 0.5 | 0.7 | 0.5 | 0.6 | 6.3% |
Total | 15.0 | 12.1 | 14.3 | 13.2 | -4.2% |
Top Suppliers of Mineral Wool to Thailand in 2022:
- China (2205.0 tons)
- Malaysia (506.7 tons)
- Netherlands (324.5 tons)
- Japan (302.9 tons)
- India (190.2 tons)
- France (112.6 tons)
- Vietnam (80.5 tons)
- Germany (55.8 tons)
- Russia (0.2 tons)
Mineral Wool Exports in Thailand
In 2022, the amount of slag wool, rock wool and similar mineral wools and mixtures exported from Thailand soared to 6.6K tons, increasing by 40% on 2021 figures. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, mineral wool exports skyrocketed to $7.5M in 2022. In general, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Mineral Wool in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 2,033 | 1,873 | 1,640 | 3,816 | 23.4% |
Japan | 997 | 459 | 238 | 1,306 | 9.4% |
Malaysia | 396 | 72.5 | 293 | 591 | 14.3% |
Cambodia | 340 | 127 | 250 | 465 | 11.0% |
Myanmar | 208 | 103 | 96.6 | 335 | 17.2% |
Lao People's Democratic Republic | 363 | 274 | 219 | 292 | -7.0% |
Taiwan (Chinese) | N/A | 0.8 | 187 | 174 | 1374.8% |
Australia | 210 | 357 | 276 | 126 | -15.7% |
Others | 668 | 508 | 1,231 | 446 | -12.6% |
Total | 5,214 | 3,774 | 4,430 | 7,549 | 13.1% |
Top Export Markets for Mineral Wool from Thailand in 2022:
- Vietnam (3247.3 tons)
- Japan (984.6 tons)
- Lao People's Democratic Republic (729.0 tons)
- Cambodia (436.7 tons)
- Myanmar (332.3 tons)
- Taiwan (Chinese) (256.0 tons)
- Australia (164.6 tons)
- Malaysia (104.1 tons)
This report provides an in-depth analysis of the mineral wool 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 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the mineral wool market in Thailand.
This report provides an in-depth analysis of the expanded clays market in Thailand.
This report provides an in-depth analysis of the global mineral wool market.
This report provides an in-depth analysis of the global expanded clays market.
This report provides an in-depth analysis of the mineral wool market in Thailand.
This report provides an in-depth analysis of the expanded clays market in Thailand.
This report provides an in-depth analysis of the global mineral wool market.
This report provides an in-depth analysis of the global expanded clays market.
For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...