Thailand - Plastic Boxes, Cases, Crates And Similar Packing Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Box Price in Thailand - 2023
Contents:
- Plastic Box Price in Thailand (CIF) - 2023
- Plastic Box Price in Thailand (FOB) - 2023
- Plastic Box Imports in Thailand
- Plastic Box Exports in Thailand
Plastic Box Price in Thailand (CIF) - 2023
The average plastic box import price stood at $4,062 per ton in July 2023, flattening at the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 9.7% month-to-month. The import price peaked at $4,524 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($9,643 per ton), while the price for Malaysia ($2,597 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Box Price in Thailand (FOB) - 2023
The average plastic box export price stood at $3,020 per ton in July 2023, reducing by -3.5% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 10% against the previous month. The export price peaked at $3,593 per ton in August 2022; however, from September 2022 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 China ($5,407 per ton), while the average price for exports to Singapore ($1,058 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 Singapore (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Box Imports in Thailand
After three years of growth, purchases abroad of plastic boxes, cases, crates and similar packing articles decreased by -0.7% to 70K tons in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.7% 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 +71.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 52%.
In value terms, plastic box imports fell modestly to $293M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 52%.
Import of Plastic Box in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 52.3 | 78.7 | 96.5 | 94.9 | 22.0% |
Japan | 71.8 | 73.6 | 83.5 | 73.8 | 0.9% |
Malaysia | 17.3 | 21.5 | 23.8 | 25.4 | 13.7% |
Indonesia | 5.2 | 3.1 | 5.9 | 5.7 | 3.1% |
Others | 19.9 | 76.6 | 95.3 | 92.9 | 67.1% |
Total | 167 | 253 | 305 | 293 | 20.6% |
Top Suppliers of Plastic Box to Thailand in 2022:
- China (24.3K tons)
- Japan (15.7K tons)
- Malaysia (6.7K tons)
- Indonesia (1.2K tons)
Plastic Box Exports in Thailand
In 2022, plastic box exports from Thailand stood at 68K tons, therefore, remained relatively stable against the year before. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, plastic box exports fell to $224M in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of $240M, and then reduced in the following year.
Export of Plastic Box in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 72.8 | 63.8 | 72.8 | 69.0 | -1.8% |
China | 38.9 | 36.6 | 36.4 | 23.6 | -15.3% |
Lao People's Democratic Republic | 5.7 | 12.1 | 16.9 | 17.2 | 44.5% |
Malaysia | 14.4 | 13.8 | 15.2 | 17.1 | 5.9% |
Indonesia | 12.1 | 9.1 | 15.0 | 13.5 | 3.7% |
Philippines | 6.0 | 4.6 | 10.9 | 10.5 | 20.5% |
United States | 9.5 | 7.2 | 7.4 | 7.8 | -6.4% |
Argentina | 1.9 | 3.1 | 5.9 | 7.3 | 56.6% |
Cambodia | 7.7 | 7.5 | 6.5 | 7.2 | -2.2% |
Vietnam | 7.5 | 7.7 | 6.2 | 7.0 | -2.3% |
Myanmar | 4.3 | 4.2 | 3.6 | 6.1 | 12.4% |
Singapore | 3.2 | 3.6 | 5.0 | 6.0 | 23.3% |
India | 3.9 | 2.9 | 5.3 | 5.5 | 12.1% |
Others | 31.2 | 22.6 | 32.3 | 26.1 | -5.8% |
Total | 219 | 199 | 240 | 224 | 0.8% |
Top Export Markets for Plastic Box from Thailand in 2022:
- Japan (15.0K tons)
- Malaysia (11.9K tons)
- Lao People's Democratic Republic (8.2K tons)
- Singapore (5.7K tons)
- China (3.5K tons)
- Indonesia (3.3K tons)
- Cambodia (2.9K tons)
- Myanmar (2.6K tons)
- Vietnam (1.9K tons)
- Argentina (1.9K tons)
- Philippines (1.8K tons)
- India (1.5K tons)
- United States (1.5K tons)
This report provides an in-depth analysis of the plastic box 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 22221300 - Plastic boxes, cases, crates and similar articles for the conveyance or packing of goods
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
-
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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