Thailand - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Fatty Alcohols Price in Thailand - 2023
Contents:
- Industrial Fatty Alcohols Price in Thailand (CIF) - 2023
- Industrial Fatty Alcohols Price in Thailand (FOB) - 2022
- Industrial Fatty Alcohols Imports in Thailand
- Industrial Fatty Alcohols Exports in Thailand
Industrial Fatty Alcohols Price in Thailand (CIF) - 2023
The average industrial fatty alcohols import price stood at $1,607 per ton in July 2023, which is down by -2.1% against the previous month. Overall, the import price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 38% m-o-m. Over the period under review, average import prices hit record highs at $2,621 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($1,823 per ton), while the price for Indonesia ($1,429 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 Netherlands (-1.7%), while the prices for the other major suppliers experienced a decline.
Industrial Fatty Alcohols Price in Thailand (FOB) - 2022
The average industrial fatty alcohols export price stood at $2,080 per ton in 2022, picking up by 22% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial fatty alcohols export price increased by +85.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 52% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($2,621 per ton), while the average price for exports to Vietnam ($1,047 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 South Korea (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Fatty Alcohols Imports in Thailand
In 2022, overseas purchases of industrial fatty alcohols decreased by -6% to 43K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 72%.
In value terms, industrial fatty alcohols imports surged to $110M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 80%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Industrial Fatty Alcohols in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 21.0 | 29.1 | 52.5 | 67.0 | 47.2% |
Indonesia | 9.3 | 18.8 | 35.4 | 37.9 | 59.7% |
Others | 3.6 | 4.4 | 6.0 | 5.3 | 13.8% |
Total | 34.0 | 52.3 | 93.8 | 110 | 47.9% |
Top Suppliers of Industrial Fatty Alcohols to Thailand in 2022:
- Malaysia (26.5K tons)
- Indonesia (15.2K tons)
Industrial Fatty Alcohols Exports in Thailand
For the fourth consecutive year, Thailand recorded growth in shipments abroad of industrial fatty alcohols, which increased by 13% to 48K tons in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, industrial fatty alcohols exports soared to $100M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Industrial Fatty Alcohols in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.5 | 12.1 | 29.7 | 39.6 | 51.0% |
India | 13.8 | 10.9 | 20.1 | 27.1 | 25.2% |
South Korea | 5.0 | 6.3 | 6.1 | 8.9 | 21.2% |
Brazil | 3.5 | 3.4 | 1.0 | 3.0 | -5.0% |
Colombia | 0.5 | 0.5 | 0.8 | 2.3 | 66.3% |
United States | 0.5 | 1.0 | 0.9 | 2.2 | 63.9% |
Nigeria | 0.2 | 0.3 | 1.1 | 2.0 | 115.4% |
Malaysia | 0.6 | 0.4 | 0.8 | 1.3 | 29.4% |
Vietnam | 0.4 | 0.6 | 0.7 | 1.2 | 44.2% |
Taiwan (Chinese) | 1.4 | 0.9 | 3.7 | 0.9 | -13.7% |
Others | 6.7 | 6.5 | 7.4 | 11.3 | 19.0% |
Total | 44.0 | 42.8 | 72.1 | 99.8 | 31.4% |
Top Export Markets for Industrial Fatty Alcohols from Thailand in 2022:
- China (18.5K tons)
- India (12.2K tons)
- South Korea (3.4K tons)
- Brazil (2.2K tons)
- Colombia (1.6K tons)
- United States (1.5K tons)
- Nigeria (1.4K tons)
- Vietnam (1.1K tons)
- Malaysia (0.8K tons)
- Taiwan (Chinese) (0.5K tons)
This report provides an in-depth analysis of the industrial fatty alcohols 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 20142100 - Industrial fatty alcohols
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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