Metals; Platinum, Semi-Manufactured Price in Thailand - 2023

Contents:

1. Metals; Platinum, Semi-Manufactured Price in Thailand (CIF) - 2022
2. Metals; Platinum, Semi-Manufactured Price in Thailand (FOB) - 2022
3. Metals; Platinum, Semi-Manufactured Imports in Thailand
4. Metals; Platinum, Semi-Manufactured Exports in Thailand

Metals; Platinum, Semi-Manufactured Price in Thailand (CIF) - 2022

The average metals; platinum, semi-manufactured import price stood at $31,851,050 per ton in 2022, declining by -10.5% against the previous year. In general, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 13%. Over the period under review, average import prices hit record highs at $44,555,441 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($35,070,707 per ton), while the price for Italy ($22,624,600 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.5%), while the prices for the other major suppliers experienced a decline.

Metals; Platinum, Semi-Manufactured Price in Thailand (FOB) - 2022

The average metals; platinum, semi-manufactured export price stood at $15,881,579 per ton in 2022, reducing by -21.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 243%. Over the period under review, the average export prices hit record highs at $34,818,286 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 Japan ($27,080,500 per ton), while the average price for exports to Hong Kong SAR ($3,580,000 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 (+44.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Platinum, Semi-Manufactured Imports in Thailand

In 2022, the amount of metals; platinum, semi-manufactureds imported into Thailand stood at 845 kg, picking up by 10% on the previous year. Over the period under review, imports, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year.

In value terms, metals; platinum, semi-manufactured imports reduced modestly to $27M in 2022. Overall, imports, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year.

Top Suppliers of Metals; Platinum, Semi-Manufactured to Thailand in 2022:

1. Japan (458.0 kg)
2. Hong Kong SAR (153.0 kg)
3. Germany (92.0 kg)
4. United States (65.0 kg)
5. Italy (20.0 kg)
6. New Zealand (19.0 kg)

Metals; Platinum, Semi-Manufactured Exports in Thailand

In 2022, after three years of growth, there was significant decline in overseas shipments of metals; platinum, semi-manufactureds, when their volume decreased by -44.1% to 19 kg. Overall, exports, however, saw a mild expansion. The pace of growth was the most pronounced in 2021 when exports increased by 79% against the previous year. As a result, the exports attained the peak of 34 kg, and then declined notably in the following year.

In value terms, metals; platinum, semi-manufactured exports declined remarkably to $302K in 2022. In general, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $684K, and then dropped markedly in the following year.

Top Export Markets for Metals; Platinum, Semi-Manufactured from Thailand in 2022:

1. Vietnam (14.0 kg)
2. United States (2.0 kg)
3. Japan (2.0 kg)
4. Hong Kong SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform