Thailand - Ammonium Sulphate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Sulphate Price in Thailand - 2023
Contents:
- Ammonium Sulphate Price in Thailand (CIF) - 2023
- Ammonium Sulphate Price in Thailand (FOB) - 2023
- Ammonium Sulphate Imports in Thailand
- Ammonium Sulphate Exports in Thailand
Ammonium Sulphate Price in Thailand (CIF) - 2023
The average ammonium sulphate import price stood at $170 per ton in September 2023, increasing by 8.7% against the previous month. In general, the import price, however, showed a pronounced reduction. The pace of growth appeared the most rapid in January 2023 an increase of 18% m-o-m. As a result, import price attained the peak level of $307 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($170 per ton), while the price for Taiwan (Chinese) stood at $153 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-2.8%), while the prices for the other major suppliers experienced a decline.
Ammonium Sulphate Price in Thailand (FOB) - 2023
The average ammonium sulphate export price stood at $247 per ton in September 2023, which is down by -43% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 111% m-o-m. As a result, the export price attained the peak level of $433 per ton, and then reduced notably in the following month.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Lao People's Democratic Republic ($348 per ton), while the average price for exports to Australia ($192 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (0.0%), while the prices for the other major destinations experienced a decline.
Ammonium Sulphate Imports in Thailand
In 2022, after three years of growth, there was significant decline in overseas purchases of ammonium sulphate, when their volume decreased by -16.1% to 363K tons. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 179%.
In value terms, ammonium sulphate imports surged to $120M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 228% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Ammonium Sulphate in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 34.0 | 88.4 | 102 | 119.8% |
| Taiwan (Chinese) | N/A | 0.1 | 2.2 | 13.5 | 1061.9% |
| Madagascar | 0.1 | 0.7 | N/A | 3.5 | 227.1% |
| Others | 1.1 | 0.7 | 10.6 | 1.0 | -3.1% |
| Total | 10.8 | 35.4 | 101 | 120 | 123.1% |
Top Suppliers of Ammonium Sulphate to Thailand in 2022:
- China (303.6K tons)
- Taiwan (Chinese) (43.6K tons)
- Madagascar (13.1K tons)
Ammonium Sulphate Exports in Thailand
In 2022, the amount of ammonium sulphate exported from Thailand fell sharply to 103K tons, waning by -32% on the year before. Over the period under review, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports reached the peak of 152K tons, and then contracted sharply in the following year.
In value terms, ammonium sulphate exports expanded sharply to $33M in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 122% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Ammonium Sulphate in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 1.1 | 2.9 | 5.5 | 8.7 | 99.2% |
| Japan | N/A | N/A | N/A | 5.9 | 0% |
| Ecuador | N/A | N/A | N/A | 4.8 | 0% |
| Cambodia | N/A | 0.1 | N/A | 4.1 | 540.3% |
| Malaysia | 5.4 | 2.0 | 6.0 | 3.7 | -11.8% |
| Australia | 3.8 | 2.0 | 3.6 | 2.5 | -13.0% |
| Lao People's Democratic Republic | N/A | N/A | 1.3 | 2.1 | 61.5% |
| New Zealand | 0.8 | 1.0 | 1.2 | 0.6 | -9.1% |
| Vietnam | 5.0 | 2.2 | 1.6 | 0.2 | -65.8% |
| Uruguay | N/A | N/A | 4.8 | N/A | 0% |
| Paraguay | N/A | N/A | 2.0 | N/A | 0% |
| South Africa | 0.9 | 1.3 | 0.1 | N/A | -66.7% |
| Mexico | N/A | 1.4 | 1.9 | N/A | 35.7% |
| Others | 0.2 | 0.3 | 1.1 | 0.7 | 51.8% |
| Total | 17.3 | 13.1 | 29.1 | 33.3 | 24.4% |
Top Export Markets for Ammonium Sulphate from Thailand in 2022:
- Myanmar (23.2K tons)
- Australia (16.8K tons)
- Ecuador (16.8K tons)
- Japan (15.7K tons)
- Malaysia (13.1K tons)
- Cambodia (8.0K tons)
- Lao People's Democratic Republic (5.4K tons)
- New Zealand (1.4K tons)
- Vietnam (1.0K tons)
This report provides an in-depth analysis of the ammonium sulphate 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:
- FCL 4002 - Ammonium sulphate
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
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