Thailand - Plant-Growth Regulators - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Thailand - Plant-Growth Regulators - Market Analysis, Forecast, Size, Trends And Insights

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Plant-Growth Regulators Price in Thailand - 2023

Contents:

  1. Plant-Growth Regulators Price in Thailand (CIF) - 2022
  2. Plant-Growth Regulators Price in Thailand (FOB) - 2023
  3. Plant-Growth Regulators Imports in Thailand
  4. Plant-Growth Regulators Exports in Thailand

Plant-Growth Regulators Price in Thailand (CIF) - 2022

The average plant-growth regulators import price stood at $4,897 per ton in 2022, jumping by 18% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plant-growth regulators import price increased by +130.8% against 2016 indices. The growth pace was the most rapid in 2017 when the average import price increased by 23%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($12,496 per ton), while the price for Poland ($3,546 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Plant-Growth Regulators Price in Thailand (FOB) - 2023

In September 2023, the average plant-growth regulators export price amounted to $5,495 per ton, dropping by -14.9% against the previous month. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in May 2023 an increase of 42% m-o-m. The export price peaked at $15,616 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Myanmar ($19,978 per ton), while the average price for exports to Taiwan (Chinese) ($2,096 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plant-Growth Regulators Imports in Thailand

In 2022, approx. 84K tons of plant-growth regulators were imported into Thailand; surging by 10% on 2021. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 33%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, plant-growth regulators imports surged to $410M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Plant-Growth Regulators in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14311621328425.7%
Malaysia13.214.829.437.141.1%
Indonesia11.69.814.220.721.3%
India11.06.115.416.714.9%
Israel15.112.77.913.5-3.7%
Poland7.06.59.18.87.9%
Others32.135.027.528.7-3.7%
Total23320131641020.7%

Top Suppliers of Plant-Growth Regulators to Thailand in 2022:

  1. China (62.9K tons)
  2. Malaysia (7.5K tons)
  3. India (3.9K tons)
  4. Poland (2.5K tons)
  5. Israel (2.0K tons)
  6. Indonesia (1.7K tons)

Plant-Growth Regulators Exports in Thailand

In 2022, approx. 1.3K tons of plant-growth regulators were exported from Thailand; increasing by 24% against 2021 figures. Over the period under review, total exports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +2.2% 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 +52.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plant-growth regulators exports skyrocketed to $9.1M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Plant-Growth Regulators in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines3,1723,6532,7481,765-17.7%
IndonesiaN/A1374.81,311209.3%
Myanmar5518507971,27932.4%
Netherlands4694689061,09432.6%
Cambodia6324285126923.1%
China5641042.8470-5.9%
Taiwan (Chinese)3475415344448.6%
Malaysia724844613427-16.1%
Vietnam385N/A4564142.5%
GermanyN/A0.1N/A2114493.5%
India1,064N/AN/A0.1-95.5%
Japan2600.6N/AN/A-99.8%
Others42.865.5887990184.9%
Total8,2117,0907,4599,0973.5%

Top Export Markets for Plant-Growth Regulators from Thailand in 2022:

  1. Philippines (228.2 tons)
  2. Myanmar (202.7 tons)
  3. Indonesia (184.2 tons)
  4. Netherlands (184.0 tons)
  5. Cambodia (158.2 tons)
  6. China (88.5 tons)
  7. Taiwan (Chinese) (66.3 tons)
  8. Germany (60.0 tons)
  9. Vietnam (56.3 tons)
  10. Malaysia (25.5 tons)
  11. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plant-growth regulators 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 20201370 - Plant-growth regulators put up in forms or packings for retail sale or as preparations or articles

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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