Thailand - Kaolin - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Thailand - Kaolin - Market Analysis, Forecast, Size, Trends and Insights

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Kaolin Price in Thailand - 2023

Contents:

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

Kaolin Price in Thailand (CIF) - 2023

The average kaolin import price stood at $319 per ton in September 2023, picking up by 3.3% against the previous month. Overall, the import price, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 24% month-to-month. As a result, import price reached the peak level of $493 per ton. From February 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($512 per ton), while the price for Malaysia ($152 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 the UK (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Kaolin Price in Thailand (FOB) - 2023

The average kaolin export price stood at $199 per ton in September 2023, rising by 22% against the previous month. Overall, export price indicated pronounced growth from September 2022 to September 2023: its price increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, kaolin export price increased by +21.8% against August 2023 indices. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 66% m-o-m. The export price peaked at $210 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Indonesia ($336 per ton), while the average price for exports to Bangladesh ($136 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Kaolin Imports in Thailand

In 2022, the amount of kaolin and kaolinic clays imported into Thailand rose to 116K tons, growing by 1.8% compared with the previous year. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, kaolin imports soared to $44M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Kaolin in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.76.88.715.632.5%
China6.65.78.511.118.9%
United Kingdom5.45.77.37.712.6%
Malaysia1.51.42.32.417.0%
Ukraine2.11.91.51.3-14.8%
France0.81.01.31.214.5%
Brazil0.50.70.81.130.1%
India0.30.20.30.944.2%
Indonesia0.50.50.50.711.9%
Others1.21.12.32.324.2%
Total25.525.033.644.320.2%

Top Suppliers of Kaolin to Thailand in 2022:

  1. China (31.9K tons)
  2. United Kingdom (21.5K tons)
  3. United States (20.7K tons)
  4. Malaysia (13.6K tons)
  5. Ukraine (5.7K tons)
  6. India (4.9K tons)
  7. Brazil (4.2K tons)
  8. Indonesia (3.9K tons)
  9. France (3.2K tons)

Kaolin Exports in Thailand

For the fourth consecutive year, Thailand recorded growth in overseas shipments of kaolin and kaolinic clays, which increased by 18% to 35K tons in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 63% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, kaolin exports totaled $5.5M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 48%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Kaolin in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh1,0159531,2671,45812.8%
China4357561,0811,31544.6%
Vietnam7105388041,08715.3%
Malaysia28421346763230.6%
Indonesia12593.360354763.6%
Philippines1321601651647.5%
India27.26.174.896.852.7%
Yemen254414236N/A-3.6%
Others232155156175-9.0%
Total3,2153,2894,8555,47419.4%

Top Export Markets for Kaolin from Thailand in 2022:

  1. Bangladesh (8.9K tons)
  2. China (7.7K tons)
  3. Vietnam (7.1K tons)
  4. Malaysia (6.7K tons)
  5. Indonesia (3.0K tons)
  6. Philippines (0.8K tons)
  7. India (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the kaolin 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:

    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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