Chlorides; of Aluminium Price in Thailand - 2023

Contents:

  1. Chlorides; of Aluminium Price in Thailand (CIF) - 2022
  2. Chlorides; of Aluminium Price in Thailand (FOB) - 2023
  3. Chlorides; of Aluminium Imports in Thailand
  4. Chlorides; of Aluminium Exports in Thailand

Chlorides; of Aluminium Price in Thailand (CIF) - 2022

In 2022, the average chlorides; of aluminium import price amounted to $446 per ton, reducing by -3.6% against the previous year. Over the period under review, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2015 an increase of 4.8% against the previous year. Over the period under review, average import prices attained the maximum at $640 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,976 per ton), while the price for China ($375 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Price in Thailand (FOB) - 2023

In July 2023, the average chlorides; of aluminium export price amounted to $708 per ton, with a decrease of -2.6% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 11% month-to-month. The export price peaked at $831 per ton in December 2022; however, from January 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Myanmar ($901 per ton), while the average price for exports to Lao People's Democratic Republic ($482 per ton) was amongst the lowest.

From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Chlorides; of Aluminium Imports in Thailand

For the fourth year in a row, Thailand recorded growth in overseas purchases of chlorides; of aluminia, which increased by 30% to 7.4K tons in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 95% 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.

In value terms, chlorides; of aluminium imports surged to $3.3M in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Chlorides; of Aluminium in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4851,1191,4752,18865.2%
India31726347877234.5%
Japan330402369119-28.8%
Malaysia25623916144.3-44.3%
United States95.410070.45.5-61.4%
Others10411272.516115.7%
Total1,5872,2352,6263,28927.5%

Top Suppliers of Chlorides; of Aluminium to Thailand in 2022:

  1. United States (undefinedK tons)
  2. China (5.8K tons)
  3. India (1.3K tons)
  4. Malaysia (0.1K tons)
  5. Japan (0.1K tons)

Chlorides; of Aluminium Exports in Thailand

In 2022, shipments abroad of chlorides; of aluminia decreased by -2.7% to 2.9K tons, falling for the second year in a row after two years of growth. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 132% against the previous year. As a result, the exports reached the peak of 8.6K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, chlorides; of aluminium exports skyrocketed to $2.1M in 2022. Over the period under review, exports recorded a pronounced downturn. The pace of growth was the most pronounced in 2020 with an increase of 120%. As a result, the exports reached the peak of $5.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Chlorides; of Aluminium in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic11441558340152.1%
Sudan1,0983,632N/A350-31.7%
Philippines31531.5127229-10.1%
AustraliaN/AN/A17420517.8%
Indonesia93.311812520028.9%
Vietnam10314015019623.9%
Myanmar10914714618419.1%
Singapore144161113120-5.9%
Malaysia16787.480.1109-13.3%
Japan94.622.325.464.8-11.8%
Cambodia31.585.550.753.319.2%
IsraelN/A335142N/A-57.6%
Others12392.960.634.0-34.9%
Total2,3905,2681,7772,145-3.5%

Top Export Markets for Chlorides; of Aluminium from Thailand in 2022:

  1. Lao People's Democratic Republic (829.3 tons)
  2. Sudan (434.5 tons)
  3. Philippines (261.9 tons)
  4. Vietnam (256.0 tons)
  5. Indonesia (249.8 tons)
  6. Australia (162.9 tons)
  7. Singapore (159.1 tons)
  8. Cambodia (142.0 tons)
  9. Myanmar (131.7 tons)
  10. Malaysia (113.8 tons)
  11. Japan (76.0 tons)

Source: IndexBox Market Intelligence Platform

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