Thailand - Compound Plasticisers For Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 10, 2024

Thailand - Compound Plasticisers For Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights

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Compound Plasticisers Price in Thailand - 2023

Contents:

  1. Compound Plasticisers Price in Thailand (CIF) - 2023
  2. Compound Plasticisers Price in Thailand (FOB) - 2022
  3. Compound Plasticisers Imports in Thailand
  4. Compound Plasticisers Exports in Thailand

Compound Plasticisers Price in Thailand (CIF) - 2023

In July 2023, the average compound plasticisers import price amounted to $2,745 per ton, approximately equating the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 16% against the previous month. The import price peaked at $3,265 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($7,117 per ton), while the price for Taiwan (Chinese) ($1,823 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Compound Plasticisers Price in Thailand (FOB) - 2022

In 2022, the average compound plasticisers export price amounted to $1,505 per ton, with an increase of 32% against the previous year. In general, the export price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2019 an increase of 77% against the previous year. As a result, the export price reached the peak level of $2,179 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($7,089 per ton), while the average price for exports to Malaysia ($717 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 Nigeria (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Compound Plasticisers Imports in Thailand

After three years of growth, purchases abroad of compound plasticisers for rubber or plastics decreased by -0.3% to 15K tons in 2022. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of 15K tons, leveling off in the following year.

In value terms, compound plasticisers imports surged to $44M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Compound Plasticisers in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.49.211.415.510.8%
Japan4.44.15.25.79.0%
Malaysia3.14.15.35.621.8%
Germany5.43.67.55.3-0.6%
Netherlands1.31.02.24.955.6%
United States1.81.92.43.221.1%
Taiwan (Chinese)1.51.51.61.3-4.7%
Others2.12.12.52.21.6%
Total31.027.538.143.912.3%

Top Suppliers of Compound Plasticisers to Thailand in 2022:

  1. China (6.4K tons)
  2. Netherlands (2.4K tons)
  3. Malaysia (2.0K tons)
  4. Japan (1.5K tons)
  5. Germany (1.4K tons)
  6. United States (0.5K tons)
  7. Taiwan (Chinese) (0.4K tons)

Compound Plasticisers Exports in Thailand

In 2022, the amount of compound plasticisers for rubber or plastics exported from Thailand declined dramatically to 1.4K tons, reducing by -26.2% on 2021 figures. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 27%.

In value terms, compound plasticisers exports shrank to $2.1M in 2022. In general, exports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 42%.

Export of Compound Plasticisers in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15811722357253.5%
Malaysia36534534951512.2%
Singapore2675065893408.4%
Sri Lanka2.71.70.4319390.7%
South Africa16717.222.397.6-16.4%
Vietnam92.151.540288.6-1.3%
Indonesia68.955.816471.11.1%
China1,0942513006.4-82.0%
Cambodia1,8940.9N/AN/A-100.0%
Others39214261.351.1-49.3%
Total4,5011,4872,1112,061-22.9%

Top Export Markets for Compound Plasticisers from Thailand in 2022:

  1. Malaysia (717.8 tons)
  2. Sri Lanka (364.0 tons)
  3. India (80.7 tons)
  4. Singapore (65.3 tons)
  5. Vietnam (50.7 tons)
  6. Indonesia (43.5 tons)
  7. South Africa (34.6 tons)
  8. China (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the compound plasticisers 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 20595640 - Compound plasticisers for rubber or plastics

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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