Report Update: May 1, 2024

Thailand - Peroxosulphates (Persulphates) - Market Analysis, Forecast, Size, Trends And Insights

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Peroxosulphates Price in Thailand - 2023

Peroxosulphates Price in Thailand (CIF) - 2023

The average peroxosulphates import price stood at $1,454 per ton in September 2023, falling by -10.1% against the previous month. Over the period under review, the import price showed a perceptible setback. The growth pace was the most rapid in August 2023 when the average import price increased by 30% m-o-m. Over the period under review, average import prices reached the maximum at $2,155 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($3,787 per ton), while the price for China ($979 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 Japan (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Peroxosulphates Price in Thailand (FOB) - 2022

In 2022, the average peroxosulphates export price amounted to $2,342 per ton, increasing by 6.5% against the previous year. In general, the export price recorded a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 106% against the previous year. As a result, the export price reached the peak level of $3,953 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($1,293,000 per ton), while the average price for exports to Malaysia ($2,207 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 Indonesia (+204.4%), while the prices for the other major destinations experienced more modest paces of growth.

Peroxosulphates Imports in Thailand

In 2022, after three years of growth, there was significant decline in purchases abroad of peroxosulphates (persulphates), when their volume decreased by -18.2% to 2.9K tons. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% 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 +32.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 28%.

In value terms, peroxosulphates imports fell to $5.4M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +56.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $6M, and then dropped in the following year.

Import of Peroxosulphates in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,361	1,816	2,478	2,304	19.2%
Japan	1,365	1,395	2,083	1,624	6.0%
Malaysia	193	148	314	489	36.3%
Singapore	65.3	51.2	296	332	72.0%
United Kingdom	62.8	294	210	270	62.6%
United States	316	650	458	222	-11.1%
Others	82.6	143	205	149	21.7%
Total	3,445	4,497	6,044	5,391	16.1%

Top Suppliers of Peroxosulphates to Thailand in 2022:

China (1445.5 tons)
Japan (1051.9 tons)
Malaysia (182.7 tons)
Singapore (87.9 tons)
United Kingdom (45.5 tons)
United States (21.8 tons)

Peroxosulphates Exports in Thailand

In 2022, the amount of peroxosulphates (persulphates) exported from Thailand soared to 82 tons, growing by 78% compared with the previous year's figure. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 316%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, peroxosulphates exports skyrocketed to $193K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 143%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Peroxosulphates in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	11.0	8.8	78.5	170	149.1%
Myanmar	3.2	14.5	1.1	17.0	74.5%
South Korea	N/A	N/A	19.1	0.2	-99.0%
Others	3.8	20.6	3.1	5.4	12.4%
Total	18.1	43.9	102	193	120.1%

Top Export Markets for Peroxosulphates from Thailand in 2022:

Malaysia (77.1 tons)
Myanmar (5.1 tons)
South Korea (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the peroxosulphates 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 20134175 - Peroxosulphates (persulphates)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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