Report Update: May 1, 2024

Thailand - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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ABS Copolymers Price in Thailand - 2023

ABS Copolymers Price in Thailand (CIF) - 2023

The average ABS copolymers import price stood at $1,946 per ton in July 2023, reducing by -1.7% against the previous month. Overall, the import price saw a mild decrease. The growth pace was the most rapid in August 2022 an increase of 6.6% m-o-m. As a result, import price reached the peak level of $2,471 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Japan ($2,453 per ton) and China ($2,220 per ton), while the price for Taiwan (Chinese) ($1,693 per ton) and Malaysia ($1,717 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-1.2%), while the prices for the other major suppliers experienced a decline.

ABS Copolymers Price in Thailand (FOB) - 2023

In July 2023, the average ABS copolymers export price amounted to $1,220 per ton, which is down by -13.2% against the previous month. Over the period under review, the export price recorded a pronounced contraction. The pace of growth was the most pronounced in November 2022 when the average export price increased by 16% against the previous month. Over the period under review, the average export prices hit record highs at $1,914 per ton in August 2022; however, from September 2022 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($2,504 per ton), while the average price for exports to China ($935 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.7%), while the prices for the other major destinations experienced a decline.

ABS Copolymers Imports in Thailand

In 2022, purchases abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms decreased by -12.3% to 124K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 20%.

In value terms, ABS copolymers imports fell to $284M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of $331M, and then dropped in the following year.

Import of ABS Copolymers in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	91.9	105	164	131	12.5%
Malaysia	40.4	34.4	60.9	52.5	9.1%
China	14.4	14.3	28.8	28.0	24.8%
Japan	28.1	24.7	32.2	26.4	-2.1%
Taiwan (Chinese)	12.8	20.9	27.5	25.4	25.7%
Vietnam	4.1	4.3	3.5	10.2	35.5%
Others	14.4	12.9	14.4	9.7	-12.3%
Total	206	216	331	284	11.3%

Top Suppliers of ABS Copolymers to Thailand in 2022:

South Korea (60.1K tons)
Malaysia (26.6K tons)
Taiwan (Chinese) (10.8K tons)
China (9.7K tons)
Japan (9.0K tons)
Vietnam (3.6K tons)

ABS Copolymers Exports in Thailand

In 2022, shipments abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms decreased by -18.5% to 98K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 18%. As a result, the exports reached the peak of 140K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, ABS copolymers exports shrank markedly to $181M in 2022. In general, exports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 51%. As a result, the exports attained the peak of $252M, and then shrank significantly in the following year.

Export of ABS Copolymers in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	117	100	112	68.9	-16.2%
Vietnam	11.6	11.4	25.2	22.8	25.3%
India	5.0	6.5	9.8	13.7	39.9%
Egypt	1.5	0.9	2.2	13.0	105.4%
Germany	11.9	8.8	17.6	9.0	-8.9%
Indonesia	4.5	3.5	10.0	7.7	19.6%
Hong Kong SAR	11.1	7.9	13.4	6.5	-16.3%
United States	5.3	3.8	8.9	5.6	1.9%
South Korea	0.1	0.5	14.6	5.2	273.3%
Malta	5.7	6.3	7.0	4.9	-4.9%
Japan	9.6	7.1	2.1	1.0	-52.9%
Others	12.2	10.1	29.4	23.1	23.7%
Total	195	167	252	181	-2.5%

Top Export Markets for ABS Copolymers from Thailand in 2022:

China (46.5K tons)
Vietnam (10.0K tons)
India (6.9K tons)
Egypt (6.2K tons)
Germany (4.7K tons)
Indonesia (3.2K tons)
Hong Kong SAR (2.9K tons)
Malta (2.6K tons)
United States (2.2K tons)
South Korea (2.0K tons)
Japan (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the abs copolymers 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms

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:

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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
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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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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