Thailand - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 20, 2024

Thailand - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Polyamide Price in Thailand - 2023

Contents:

  1. Polyamide Price in Thailand (CIF) - 2023
  2. Polyamide Price in Thailand (FOB) - 2023
  3. Polyamide Imports in Thailand
  4. Polyamide Exports in Thailand

Polyamide Price in Thailand (CIF) - 2023

The average polyamide import price stood at $3,309 per ton in September 2023, remaining relatively unchanged against the previous month. In general, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in March 2023 an increase of 6.9% m-o-m. The import price peaked at $4,112 per ton in January 2023; however, from February 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 Japan ($5,946 per ton), while the price for Indonesia ($2,188 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 (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Polyamide Price in Thailand (FOB) - 2023

The average polyamide export price stood at $2,132 per ton in September 2023, stabilizing at the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 when the average export price increased by 13% month-to-month. Over the period under review, the average export prices reached the maximum at $2,341 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($4,002 per ton), while the average price for exports to China ($1,563 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 the Philippines (+1.3%), while the prices for the other major destinations experienced a decline.

Polyamide Imports in Thailand

After three years of growth, supplies from abroad of polyamides (in primary forms) decreased by -6.4% to 126K tons in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% 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 +32.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 37%. As a result, imports attained the peak of 134K tons, and then contracted in the following year.

In value terms, polyamide imports amounted to $547M in 2022. Over the period under review, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 74%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Polyamide in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China80.676.415317730.0%
United States10191.713917520.1%
Japan72.259.610179.73.3%
Taiwan (Chinese)14.317.332.328.425.7%
South Korea21.19.925.126.57.9%
Malaysia11.37.315.913.86.9%
Indonesia2.24.611.510.266.7%
Singapore7.07.48.010.012.6%
Others27.322.931.125.9-1.7%
Total33729751654717.5%

Top Suppliers of Polyamide to Thailand in 2022:

  1. China (47.4K tons)
  2. United States (37.9K tons)
  3. Japan (13.7K tons)
  4. Taiwan (Chinese) (7.6K tons)
  5. South Korea (5.6K tons)
  6. Indonesia (3.6K tons)
  7. Malaysia (3.5K tons)
  8. Singapore (2.2K tons)

Polyamide Exports in Thailand

After three years of growth, shipments abroad of polyamides (in primary forms) decreased by -9.3% to 111K tons in 2022. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 14%.

In value terms, polyamide exports expanded slightly to $283M in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Polyamide in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China82.163.875.769.2-5.5%
India25.126.144.946.122.5%
Japan39.724.536.342.22.1%
Indonesia33.622.134.138.95.0%
Vietnam27.320.226.729.12.2%
Philippines9.28.112.515.318.5%
Malaysia9.79.19.19.0-2.5%
Canada5.14.24.85.73.8%
Others21.719.031.127.48.1%
Total2531972752833.8%

Top Export Markets for Polyamide from Thailand in 2022:

  1. China (40.5K tons)
  2. India (17.7K tons)
  3. Japan (15.0K tons)
  4. Indonesia (13.5K tons)
  5. Vietnam (6.8K tons)
  6. Philippines (4.7K tons)
  7. Canada (2.1K tons)
  8. Malaysia (1.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polyamide 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 20165450 - Polyamide -6, -11, -12, -6,6, -6,9, -6,10 or -6,12, in primary forms
  • Prodcom 20165490 - Polyamides, in primary forms (excluding polyamide -6, -11, .12, -6,6, -6,9, -6,10 or -6,12)

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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Free Data: Polyamides (In Primary Forms) - Thailand