Thailand - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMixed Fertilizer Price in Thailand - 2023
Contents:
- Mixed Fertilizer Price in Thailand (CIF) - 2022
- Mixed Fertilizer Price in Thailand (FOB) - 2023
- Mixed Fertilizer Imports in Thailand
- Mixed Fertilizer Exports in Thailand
Mixed Fertilizer Price in Thailand (CIF) - 2022
The average mixed fertilizer import price stood at $831 per ton in 2022, jumping by 70% against the previous year. In general, the import price saw a notable expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($1,145 per ton), while the price for South Korea ($605 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Mixed Fertilizer Price in Thailand (FOB) - 2023
In July 2023, the average mixed fertilizer export price amounted to $555 per ton, declining by -4.9% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 25% month-to-month. The export price peaked at $812 per ton in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Myanmar ($887 per ton), while the average price for exports to Vietnam ($447 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+0.3%), while the prices for the other major destinations experienced a decline.
Mixed Fertilizer Imports in Thailand
After three years of growth, overseas purchases of mixed fertilizers decreased by -33.5% to 2.5M tons in 2022. Overall, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 10%. As a result, imports reached the peak of 3.8M tons, and then shrank remarkably in the following year.
In value terms, mixed fertilizer imports expanded significantly to $2.1B in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +76.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Mixed Fertilizer in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 212 | 203 | 411 | 342 | 17.3% |
| Russia | 196 | 152 | 174 | 268 | 11.0% |
| Norway | 86.4 | 91.7 | 140 | 162 | 23.3% |
| South Korea | 97.1 | 66.8 | 95.6 | 117 | 6.4% |
| Saudi Arabia | 16.7 | 8.5 | 10.9 | 82.8 | 70.5% |
| Finland | 18.4 | 32.9 | 60.1 | 33.9 | 22.6% |
| Netherlands | 14.2 | 14.0 | 15.1 | 15.9 | 3.8% |
| Others | 676 | 622 | 951 | 1,075 | 16.7% |
| Total | 1,316 | 1,191 | 1,858 | 2,097 | 16.8% |
Top Suppliers of Mixed Fertilizer to Thailand in 2022:
- China (382.8K tons)
- Russia (366.0K tons)
- South Korea (193.8K tons)
- Norway (161.9K tons)
- Saudi Arabia (85.5K tons)
- Finland (29.6K tons)
- Netherlands (16.8K tons)
Mixed Fertilizer Exports in Thailand
After three years of growth, shipments abroad of mixed fertilizers decreased by -34.8% to 284K tons in 2022. Overall, exports recorded a mild downturn. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of 436K tons, and then shrank sharply in the following year.
In value terms, mixed fertilizer exports expanded to $200M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.9% 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 +55.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
| Export of Mixed Fertilizer in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 38.4 | 35.3 | 54.0 | 49.7 | 9.0% |
| Lao People's Democratic Republic | 16.0 | 24.1 | 33.5 | 26.8 | 18.8% |
| Myanmar | 6.9 | 3.0 | 6.8 | 20.1 | 42.8% |
| Vietnam | 2.5 | 2.4 | 2.5 | 1.6 | -13.8% |
| Others | 64.9 | 66.9 | 99.2 | 102 | 16.3% |
| Total | 129 | 132 | 196 | 200 | 15.7% |
Top Export Markets for Mixed Fertilizer from Thailand in 2022:
- Cambodia (74.8K tons)
- Lao People's Democratic Republic (39.7K tons)
- Myanmar (23.8K tons)
- Vietnam (1.8K tons)
This report provides an in-depth analysis of the mixed fertilizer 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 20157130 -
- Prodcom 20157180 -
- Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
- Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
- Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
- Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
- Prodcom 20157100 - Mineral or chemical fertilisers containing the three fertilising elements nitrogen, phosphorus and potassium (excluding those in tablets or similar forms, or in packages with a gross weight of . .10 kg)
- Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
- Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
- Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
- Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
336
This report provides an in-depth analysis of the mixed fertilizer market in Thailand.
414
This report provides an in-depth analysis of the monoammonium phosphate market in Thailand.
838
This report provides an in-depth analysis of the npk fertilizer market in Thailand.
362
This report provides an in-depth analysis of the diammonium phosphate market in Thailand.
1226
This report provides an in-depth analysis of the fertilizer market in Thailand.
347
This report provides an in-depth analysis of the global mixed fertilizer market.
1957
This report provides an in-depth analysis of the global monoammonium phosphate market.
3343
This report provides an in-depth analysis of the global npk fertilizer market.
867
This report provides an in-depth analysis of the global diammonium phosphate market.
3109
This report provides an in-depth analysis of the global fertilizer market.
420
The price of Diammonium Phosphate was $1,324 per ton (CIF, Thailand) in June 2023, which decreased by -3.1% compared to the previous month.
167
Discover the world's best import markets for mixed fertilizer and their key statistics. Gain insights into the demand and importance of fertilizers in global agriculture.
214
Monoammonium phosphate (MAP) is a widely used fertiliser that provides essential nutrients to plants, promoting healthy growth and increasing crop yields. This article explores the top import markets for MAP, including Brazil, Canada, Australia, Argentina, the United States, India, South Africa, Mexico, Paraguay, and Japan. These countries have significant agricultural industries and high demand for MAP to support their crop productivity.
404
Explore the top import markets for NPK fertilizer and delve into key statistics and numbers. Brazil, India, China, Thailand, and Spain are the world's leading markets. Learn about their reliance on imported fertilizer and the role it plays in meeting the global demand for agricultural fertilizers.
676
Global trade in NPK fertilizers steadily rises, with the leading exporters, Russia and Norway, ramp up supplies actively.
292
Explore the top import markets for diammonium phosphate based on data from the IndexBox market intelligence platform. Discover the key statistics and numbers for countries like India, Bangladesh, Pakistan, Japan, and more.
336
Explore the top import markets for fertilizer worldwide, including Brazil, India, the United States, China, and more. Discover key statistics and import values provided by the IndexBox market intelligence platform.
449
Discover the top import markets for fertilizers, including Brazil, India, the United States, China, and France. Explore their import values and the factors driving the demand for fertilizers in these countries.
1220
Fertilizer prices continue to ramp up due to a shortage in supply caused by lower output in EU countries. High natural gas costs shape that growth because gas accounts for up to 80% of variable costs in nitrogen fertilizer production. Urea prices spiked exceptionally high to $900 per ton in November 2021, gaining 30% against the previous month. Phosphate rock price rose by 4%, while diammonium phosphate and triple superphosphate were both up by 8%. Next year, fertilizer prices are projected to climb further due to a continued shortage in supply, but if costs for natural gas maintain their downward trend, they will hold the price increases back.
420
The price of Diammonium Phosphate was $1,324 per ton (CIF, Thailand) in June 2023, which decreased by -3.1% compared to the previous month.
