Fluorides; of Aluminium Price in Thailand - 2023

Fluorides; of Aluminium Price in Thailand (FOB) - 2022

The average fluorides; of aluminium export price stood at $5,561 per ton in 2022, reducing by -64.4% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 70% against the previous year. Over the period under review, the average export prices attained the peak figure at $17,054 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($27,995 per ton), while the average price for exports to the United Arab Emirates ($1,000 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 Australia (+3.9%), while the prices for the other major destinations experienced a decline.

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

The average fluorides; of aluminium import price stood at $2,148 per ton in 2022, picking up by 20% against the previous year. In general, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 124% against the previous year. As a result, import price attained the peak level of $4,202 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.9% per year.

Fluorides; of Aluminium Exports in Thailand

In 2022, exports of fluorides; of aluminia from Thailand soared to 81 tons, with an increase of 164% compared with 2021 figures. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fluorides; of aluminium exports shrank to $451K in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 181% against the previous year. As a result, the exports attained the peak of $480K, and then reduced in the following year.

Export of Fluorides; of Aluminium in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	50.2	11.9	298	239	68.2%
Lao People's Democratic Republic	21.6	10.3	22.2	85.4	58.1%
Japan	26.7	21.6	44.6	18.9	-10.9%
United States	55.7	47.2	13.0	17.4	-32.1%
Others	55.3	79.6	102	89.8	17.5%
Total	209	171	480	451	29.2%

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

Lao People's Democratic Republic (64.0 tons)
Hong Kong SAR (8.5 tons)
Japan (1.9 tons)
United States (0.6 tons)

Fluorides; of Aluminium Imports in Thailand

For the fourth year in a row, Thailand recorded growth in overseas purchases of fluorides; of aluminia, which increased by 11% to 268 tons in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 209%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, fluorides; of aluminium imports soared to $576K in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 142%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.