Thailand - Ethanal (Acetaldehyde) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthanal Price in Thailand - 2023
Contents:
- Ethanal Price in Thailand (FOB) - 2022
- Ethanal Price in Thailand (CIF) - 2022
- Ethanal Exports in Thailand
- Ethanal Imports in Thailand
Ethanal Price in Thailand (FOB) - 2022
In 2022, the average ethanal export price amounted to $5,400 per ton, declining by -4% against the previous year. In general, the export price, however, posted temperate growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices attained the maximum at $8,786 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Cambodia.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +6.7% per year.
Ethanal Price in Thailand (CIF) - 2022
The average ethanal import price stood at $24,192 per ton in 2022, waning by -36.5% against the previous year. Overall, the import price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2019 an increase of 291%. The import price peaked at $38,083 per ton in 2021, and then declined significantly in the following year.
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 the United States ($39,756 per ton), while the price for Singapore ($4,400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+64.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Ethanal Exports in Thailand
In 2022, after three years of growth, there was significant decline in shipments abroad of ethanal (acetaldehyde), when their volume decreased by -27.3% to 14 tons. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 48%.
In value terms, ethanal exports declined significantly to $75K in 2022. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. As a result, the exports reached the peak of $140K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Ethanal in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 88.7 | 140 | 107 | 74.7 | -5.6% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 88.8 | 140 | 107 | 74.7 | -5.6% |
Top Export Markets for Ethanal from Thailand in 2022:
- Cambodia (13.8 tons)
Ethanal Imports in Thailand
In 2022, the amount of ethanal (acetaldehyde) imported into Thailand surged to 663 kg, growing by 97% compared with the year before. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 200%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, ethanal imports surged to $16K in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 311% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Ethanal in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.4 | 3.2 | 10.9 | 8.4 | 81.7% |
| France | N/A | N/A | N/A | 3.8 | 0% |
| United States | N/A | 0.2 | 1.4 | 1.6 | 182.8% |
| Slovenia | N/A | N/A | N/A | 0.7 | 0% |
| Belgium | 0.2 | 3.3 | 0.1 | 0.4 | 26.0% |
| Singapore | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | 0.1 | 0.3 | 0.9 | 200.0% |
| Total | 1.6 | 6.8 | 12.8 | 16.0 | 115.4% |
Top Suppliers of Ethanal to Thailand in 2022:
- United Kingdom (342.0 kg)
- France (194.0 kg)
- United States (41.0 kg)
- Singapore (40.0 kg)
- Slovenia (38.0 kg)
- Belgium (8.0 kg)
This report provides an in-depth analysis of the ethanal 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 20146113 - Ethanal (acetaldehyde)
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
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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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