Thailand - Cyclohexane - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Cyclohexane - Market Analysis, Forecast, Size, Trends And Insights

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Cyclohexane Price in Thailand - 2023

Contents:

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

Cyclohexane Price in Thailand (FOB) - 2023

The average cyclohexane export price stood at $999 per ton in September 2023, picking up by 16% against the previous month. Overall, the export price, however, showed a perceptible decline. The pace of growth was the most pronounced in March 2023 when the average export price increased by 92% m-o-m. As a result, the export price attained the peak level of $2,238 per ton. From April 2023 to September 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($1,507 per ton), while the average price for exports to India amounted to $965 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cyclohexane Price in Thailand (CIF) - 2022

In 2022, the average cyclohexane import price amounted to $3,108 per ton, picking up by 162% against the previous year. Overall, the import price enjoyed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($15,920 per ton), while the price for China ($936 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Cyclohexane Exports in Thailand

In 2022, after three years of growth, there was significant decline in shipments abroad of cyclohexane, when their volume decreased by -38.2% to 54K tons. Overall, total exports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 41%.

In value terms, cyclohexane exports shrank notably to $57M in 2022. In general, exports, however, recorded strong growth. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. As a result, the exports reached the peak of $77M, and then declined sharply in the following year.

Export of Cyclohexane in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium16.030.856.140.436.2%
India4.66.710.48.623.2%
Taiwan (Chinese)3.52.04.96.623.5%
Spain4.9N/AN/AN/A0%
South Korea1.91.13.0N/A25.7%
Japan3.0N/A1.6N/A-27.0%
Others11.10.41.11.6-47.6%
Total45.041.077.257.38.4%

Top Export Markets for Cyclohexane from Thailand in 2022:

  1. Japan (undefinedK tons)
  2. Belgium (38.7K tons)
  3. India (8.0K tons)
  4. Taiwan (Chinese) (6.4K tons)

Cyclohexane Imports in Thailand

Cyclohexane imports into Thailand contracted notably to 231 tons in 2022, waning by -93% on 2021. In general, imports faced a dramatic setback. The pace of growth appeared the most rapid in 2021 when imports increased by 1,559% against the previous year.

In value terms, cyclohexane imports reduced markedly to $717K in 2022. Overall, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 1,117% against the previous year.

Import of Cyclohexane in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.717.388.8449212.6%
South Korea273251291118-24.4%
Japan14.425.386.764.865.1%
ChinaN/AN/A8.853.6509.1%
Malaysia1,589N/AN/A12.7-80.0%
Saudi Arabia4,929N/A3,424N/A-16.7%
Others12.028.723.418.615.7%
Total6,8333223,923717-52.8%

Top Suppliers of Cyclohexane to Thailand in 2022:

  1. South Korea (92.6 tons)
  2. China (57.2 tons)
  3. Japan (42.3 tons)
  4. Germany (28.2 tons)
  5. Malaysia (4.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cyclohexane 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 20141213 - Cyclohexane

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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