Thailand - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Container Price in Thailand - 2023
Contents:
- Plastic Container Price in Thailand (CIF) - 2023
- Plastic Container Price in Thailand (FOB) - 2023
- Plastic Container Imports in Thailand
- Plastic Container Exports in Thailand
Plastic Container Price in Thailand (CIF) - 2023
The average plastic container import price stood at $4,174 per ton in July 2023, rising by 3% against the previous month. In general, the import price, however, showed a mild setback. The growth pace was the most rapid in June 2023 when the average import price increased by 20% against the previous month. The import price peaked at $5,447 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($5,777 per ton), while the price for Malaysia ($2,249 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 China (+1.0%), while the prices for the other major suppliers experienced a decline.
Plastic Container Price in Thailand (FOB) - 2023
In July 2023, the average plastic container export price amounted to $3,852 per ton, reducing by -2.7% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 5.8% month-to-month. The export price peaked at $4,443 per ton in October 2022; however, from November 2022 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Taiwan (Chinese) ($6,578 per ton), while the average price for exports to Lao People's Democratic Republic ($1,686 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 Mexico (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Container Imports in Thailand
In 2022, approx. 42K tons of plastic containers were imported into Thailand; picking up by 1.6% on 2021. The total import volume increased at an average annual rate of +13.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 26% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, plastic container imports stood at $211M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +49.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Plastic Container in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.9 | 55.6 | 59.0 | 68.3 | 16.8% |
| Philippines | 19.3 | 48.2 | 44.4 | 41.5 | 29.1% |
| Japan | 30.0 | 36.9 | 41.8 | 36.4 | 6.7% |
| Malaysia | 18.7 | 20.1 | 24.6 | 23.3 | 7.6% |
| United States | 5.7 | 5.0 | 7.3 | 9.6 | 19.0% |
| Others | 24.0 | 24.9 | 33.2 | 31.7 | 9.7% |
| Total | 141 | 191 | 210 | 211 | 14.4% |
Top Suppliers of Plastic Container to Thailand in 2022:
- China (17.9K tons)
- Malaysia (9.1K tons)
- Japan (9.0K tons)
- United States (1.0K tons)
- Philippines (0.7K tons)
Plastic Container Exports in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of plastic containers, which increased by 5.1% to 43K tons in 2022. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 7.2%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, plastic container exports amounted to $189M in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Plastic Container in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 35.9 | 28.2 | 33.1 | 37.6 | 1.6% |
| United States | 14.3 | 19.7 | 24.5 | 29.8 | 27.7% |
| Cambodia | 24.0 | 19.0 | 18.3 | 22.9 | -1.6% |
| Philippines | 12.0 | 10.4 | 13.0 | 14.8 | 7.2% |
| Mexico | 2.8 | 2.2 | 3.7 | 11.9 | 62.0% |
| China | 5.2 | 8.2 | 11.2 | 9.2 | 20.9% |
| Malaysia | 5.8 | 4.3 | 7.9 | 8.9 | 15.3% |
| Australia | 9.4 | 11.6 | 10.7 | 7.3 | -8.1% |
| Lao People's Democratic Republic | 6.6 | 5.2 | 5.0 | 6.1 | -2.6% |
| Indonesia | 6.0 | 5.7 | 5.6 | 6.0 | 0.0% |
| Singapore | 3.6 | 3.9 | 3.4 | 5.3 | 13.8% |
| Vietnam | 5.3 | 5.7 | 5.7 | 4.9 | -2.6% |
| Taiwan (Chinese) | 5.6 | 6.4 | 5.6 | 3.6 | -13.7% |
| Others | 20.1 | 18.1 | 20.8 | 20.5 | 0.7% |
| Total | 157 | 149 | 168 | 189 | 6.4% |
Top Export Markets for Plastic Container from Thailand in 2022:
- Japan (10.4K tons)
- United States (5.3K tons)
- Cambodia (5.0K tons)
- Malaysia (4.7K tons)
- Lao People's Democratic Republic (2.7K tons)
- China (2.5K tons)
- Philippines (2.2K tons)
- Mexico (1.6K tons)
- Indonesia (1.5K tons)
- Vietnam (1.4K tons)
- Australia (1.3K tons)
- Taiwan (Chinese) (0.7K tons)
- Singapore (0.6K tons)
This report provides an in-depth analysis of the plastic container 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 22221950 - Articles for the conveyance or packaging of goods, of plastics (excluding boxes, cases, crates and similar articles, sacks and bags, including cones, carboys, bottles, flasks and similar articles, spools, spindles, bobbins and similar supports, s toppers, lids, caps and other closures)
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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