Thailand - Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 11, 2024

Thailand - Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Heterocyclic Compound Price in Thailand - 2023

Contents:

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

Heterocyclic Compound Price in Thailand (CIF) - 2023

The average heterocyclic compound import price stood at $25,860 per ton in September 2023, shrinking by -18.6% against the previous month. In general, the import price, however, posted a perceptible expansion. The pace of growth was the most pronounced in December 2022 when the average import price increased by 361% month-to-month. As a result, import price attained the peak level of $66,275 per ton. From January 2023 to September 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($194K per ton), while the price for Japan ($10,407 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Heterocyclic Compound Price in Thailand (FOB) - 2022

In 2022, the average heterocyclic compound export price amounted to $4,393 per ton, which is down by -22.6% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 151% against the previous year. As a result, the export price attained the peak level of $45,453 per ton. From 2014 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 ($63,382 per ton), while the average price for exports to China ($1,663 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 Colombia (+35.9%), while the prices for the other major destinations experienced more modest paces of growth.

Heterocyclic Compound Imports in Thailand

In 2022, the amount of heterocyclic compounds imported into Thailand amounted to 2K tons, with an increase of 5.6% on the previous year. Overall, imports showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 95%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, heterocyclic compound imports expanded significantly to $30M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Heterocyclic Compound in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8.710.27.910.15.1%
China5.83.88.310.019.9%
Belgium3.42.81.73.1-3.0%
United States1.01.11.41.39.1%
Italy0.20.40.91.281.7%
Germany2.21.81.30.9-25.8%
Japan0.70.91.40.84.6%
United Kingdom0.30.20.30.30.0%
South Korea0.70.10.60.3-24.6%
Others1.92.62.52.13.4%
Total24.923.826.430.26.6%

Top Suppliers of Heterocyclic Compound to Thailand in 2022:

  1. China (1075.7 tons)
  2. India (517.1 tons)
  3. Germany (74.7 tons)
  4. Japan (64.1 tons)
  5. Belgium (63.8 tons)
  6. United Kingdom (52.3 tons)
  7. United States (46.4 tons)
  8. Italy (39.2 tons)
  9. South Korea (30.8 tons)

Heterocyclic Compound Exports in Thailand

For the fourth consecutive year, Thailand recorded growth in overseas shipments of heterocyclic compounds, which increased by 11% to 198 tons in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 558% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, heterocyclic compound exports shrank to $870K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year. As a result, the exports attained the peak of $1M, and then shrank in the following year.

Export of Heterocyclic Compound in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India20212122631816.3%
Vietnam11917228417613.9%
MyanmarN/AN/A14.01631064.3%
IndonesiaN/AN/A55.184.453.2%
NetherlandsN/AN/A11574.9-34.9%
Philippines15.720.922.442.939.8%
ColombiaN/AN/A17.42.2-87.4%
South KoreaN/A54.0N/AN/A0%
United StatesN/AN/A21.8N/A0%
Others66.458.92549.7-47.3%
Total4044271,01087029.1%

Top Export Markets for Heterocyclic Compound from Thailand in 2022:

  1. Myanmar (52.0 tons)
  2. Indonesia (46.7 tons)
  3. Vietnam (42.5 tons)
  4. Netherlands (34.1 tons)
  5. Philippines (15.3 tons)
  6. India (5.0 tons)
  7. Colombia (0.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the heterocyclic compound 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 20145280 -

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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