Thailand - Lysine And Its Esters, And Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLysine Price in Thailand - 2023
Contents:
- Lysine Price in Thailand (CIF) - 2023
- Lysine Price in Thailand (FOB) - 2022
- Lysine Imports in Thailand
- Lysine Exports in Thailand
Lysine Price in Thailand (CIF) - 2023
In September 2023, the average lysine import price amounted to $1,247 per ton, surging by 7.3% against the previous month. Over the period under review, the import price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 13% month-to-month. Over the period under review, average import prices reached the maximum at $1,478 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Indonesia ($2,029 per ton), while the price for China ($1,201 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 Indonesia (+2.5%), while the prices for the other major suppliers experienced a decline.
Lysine Price in Thailand (FOB) - 2022
The average lysine export price stood at $2,957 per ton in 2022, with an increase of 27% against the previous year. In general, the export price saw a measured increase. The most prominent rate of growth was recorded in 2020 an increase of 119% against the previous year. As a result, the export price attained the peak level of $2,988 per ton; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($6,686 per ton), while the average price for exports to Japan ($1,400 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 Myanmar (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.
Lysine Imports in Thailand
In 2022, purchases abroad of lysine and its esters, and salts thereof decreased by -16.9% to 44K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 45%. As a result, imports attained the peak of 58K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, lysine imports fell modestly to $71M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 +69.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 35% against the previous year.
| Import of Lysine in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.9 | 38.9 | 51.2 | 59.1 | 26.9% |
| Indonesia | 9.4 | 2.9 | 4.7 | 6.1 | -13.4% |
| South Korea | 3.4 | 14.6 | 17.0 | 5.2 | 15.2% |
| Others | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Total | 41.8 | 56.5 | 73.1 | 70.6 | 19.1% |
Top Suppliers of Lysine to Thailand in 2022:
- China (37.1K tons)
- Indonesia (5.0K tons)
- South Korea (2.3K tons)
Lysine Exports in Thailand
In 2022, exports of lysine and its esters, and salts thereof from Thailand contracted markedly to 133 tons, which is down by -62.9% on the year before. Over the period under review, exports showed a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 509%.
In value terms, lysine exports reduced notably to $394K in 2022. Overall, exports saw a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 376% against the previous year.
| Export of Lysine in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | 0.1 | 0.3 | 0.3 | 73.2% |
| Bangladesh | 2.9 | N/A | N/A | N/A | 0% |
| Spain | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Japan | 0.9 | N/A | N/A | N/A | 0% |
| Vietnam | 0.7 | N/A | N/A | N/A | 0% |
| India | 9.1 | N/A | N/A | N/A | 0% |
| Philippines | 4.5 | N/A | N/A | N/A | 0% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 1.0 | N/A | N/A | N/A | 0% |
| Others | 0.9 | N/A | 0.5 | N/A | -25.5% |
| Total | 20.1 | 0.2 | 0.8 | 0.4 | -72.9% |
Top Export Markets for Lysine from Thailand in 2022:
- Japan (undefined tons)
- Myanmar (122.6 tons)
- Spain (6.5 tons)
- Singapore (4.0 tons)
This report provides an in-depth analysis of the lysine 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 21102010 - Lysine and its esters, and salts thereof
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
377
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