Thailand - Esters Of Methacrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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Contents:
- Methacrylic Acid Esters Price in Thailand (FOB) - 2023
- Methacrylic Acid Esters Price in Thailand (CIF) - 2022
- Methacrylic Acid Esters Exports in Thailand
- Methacrylic Acid Esters Imports in Thailand
Methacrylic Acid Esters Price in Thailand (FOB) - 2023
In July 2023, the average methacrylic acid esters export price amounted to $1,583 per ton, with an increase of 11% against the previous month. Overall, the export price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 12% m-o-m. As a result, the export price attained the peak level of $2,072 per ton. From September 2022 to July 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the highest price was recorded for prices to Japan ($2,037 per ton) and the Netherlands ($1,973 per ton), while the average price for exports to Taiwan (Chinese) ($1,412 per ton) and Vietnam ($1,415 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Methacrylic Acid Esters Price in Thailand (CIF) - 2022
In 2022, the average methacrylic acid esters import price amounted to $3,283 per ton, rising by 3.7% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, methacrylic acid esters import price increased by +69.1% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 63%. Over the period under review, average import prices reached the maximum at $3,954 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,757 per ton), while the price for Taiwan (Chinese) ($2,201 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 (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Methacrylic Acid Esters Exports in Thailand
In 2022, exports of esters of methacrylic acid from Thailand shrank markedly to 118K tons, which is down by -15.3% compared with the year before. Overall, exports showed a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, the exports reached the peak of 140K tons, and then dropped dramatically in the following year.
In value terms, methacrylic acid esters exports reduced remarkably to $206M in 2022. In general, exports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 when exports increased by 67% against the previous year. As a result, the exports attained the peak of $247M, and then shrank notably in the following year.
Export of Methacrylic Acid Esters in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 70.4 | 54.7 | 70.2 | 64.9 | -2.7% |
Malaysia | 87.2 | 51.7 | 108 | 56.4 | -13.5% |
Netherlands | 9.0 | 2.3 | 5.9 | 27.7 | 45.5% |
Vietnam | 1.6 | 2.8 | 3.7 | 10.1 | 84.8% |
United States | 11.1 | 10.9 | 20.8 | 9.1 | -6.4% |
India | 6.6 | 4.6 | 7.7 | 8.9 | 10.5% |
China | 6.2 | 1.9 | 3.3 | 7.8 | 8.0% |
Taiwan (Chinese) | 20.3 | 13.2 | 13.7 | 2.8 | -48.3% |
South Korea | 8.8 | 1.8 | 0.7 | 1.7 | -42.2% |
Others | 10.4 | 3.5 | 12.6 | 16.2 | 15.9% |
Total | 231 | 147 | 247 | 206 | -3.7% |
Top Export Markets for Methacrylic Acid Esters from Thailand in 2022:
- Indonesia (39.3K tons)
- Malaysia (33.9K tons)
- Netherlands (12.8K tons)
- Vietnam (6.3K tons)
- China (6.0K tons)
- India (5.0K tons)
- United States (3.6K tons)
- Taiwan (Chinese) (1.2K tons)
- South Korea (1.1K tons)
Methacrylic Acid Esters Imports in Thailand
In 2022, purchases abroad of esters of methacrylic acid decreased by -9.6% to 4.9K tons, falling for the second year in a row after two years of growth. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, imports reached the peak of 9.3K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, methacrylic acid esters imports reduced to $16M in 2022. Over the period under review, imports showed a abrupt shrinkage. The smallest decline of -5% was in 2021.
Import of Methacrylic Acid Esters in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 9.0 | 5.9 | 7.3 | 6.5 | -10.3% |
China | 1.7 | 3.1 | 5.9 | 5.9 | 51.4% |
South Korea | 3.9 | 2.5 | 1.7 | 1.8 | -22.7% |
Taiwan (Chinese) | 1.7 | 1.1 | 0.5 | 0.5 | -33.5% |
Germany | 0.2 | 0.3 | 0.7 | 0.4 | 26.0% |
Malaysia | N/A | N/A | N/A | 0.3 | 0% |
Saudi Arabia | 2.0 | 4.0 | 0.6 | N/A | -45.2% |
Others | 0.6 | 1.1 | 0.4 | 0.7 | 5.3% |
Total | 19.1 | 18.1 | 17.2 | 16.1 | -5.5% |
Top Suppliers of Methacrylic Acid Esters to Thailand in 2022:
- China (2202.5 tons)
- Japan (1552.0 tons)
- South Korea (718.1 tons)
- Taiwan (Chinese) (227.1 tons)
- Malaysia (89.5 tons)
- Germany (86.4 tons)
This report provides an in-depth analysis of the methacrylic acid esters 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 20143340 - Esters of methacrylic acid
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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The price of Methacrylic Acid Esters in June 2023 was $1,428 per ton (FOB, Thailand), experiencing a 1.5% increase compared to the previous month.
In June 2023, the price of Monocarboxylic Acid was $1,451 per ton (CIF, Thailand), representing a decrease of -7% compared to the previous month.
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
The price of Methacrylic Acid Esters in June 2023 was $1,428 per ton (FOB, Thailand), experiencing a 1.5% increase compared to the previous month.
In June 2023, the price of Monocarboxylic Acid was $1,451 per ton (CIF, Thailand), representing a decrease of -7% compared to the previous month.
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...