Thailand - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPolyurethanes Price in Thailand - 2023
Contents:
- Polyurethanes Price in Thailand (CIF) - 2023
- Polyurethanes Price in Thailand (FOB) - 2022
- Polyurethanes Imports in Thailand
- Polyurethanes Exports in Thailand
Polyurethanes Price in Thailand (CIF) - 2023
In July 2023, the average polyurethanes import price amounted to $3,950 per ton, rising by 2.7% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 16% m-o-m. As a result, import price reached the peak level of $4,564 per ton. From January 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($11,295 per ton), while the price for Vietnam ($2,692 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 (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyurethanes Price in Thailand (FOB) - 2022
In 2022, the average polyurethanes export price amounted to $3,713 per ton, growing by 14% against the previous year. Over the period under review, the export price, however, continues to indicate a slight shrinkage. The growth pace was the most rapid in 2021 an increase of 16% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,174 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($5,066 per ton), while the average price for exports to South Korea ($1,586 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 Vietnam (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Polyurethanes Imports in Thailand
Polyurethanes imports into Thailand rose notably to 41K tons in 2022, picking up by 6.2% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, imports attained the peak of 43K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, polyurethanes imports expanded slightly to $168M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Polyurethanes in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.1 | 32.9 | 34.3 | 47.1 | 11.4% |
| Japan | 23.2 | 21.4 | 30.7 | 26.5 | 4.5% |
| Malaysia | 12.5 | 15.2 | 19.4 | 18.8 | 14.6% |
| United States | 10.3 | 9.6 | 13.9 | 14.7 | 12.6% |
| Taiwan (Chinese) | 8.0 | 7.8 | 10.0 | 13.5 | 19.1% |
| Germany | 10.7 | 13.0 | 16.1 | 11.0 | 0.9% |
| South Korea | 12.6 | 10.5 | 10.2 | 10.6 | -5.6% |
| Saudi Arabia | 3.6 | 3.7 | 5.9 | 7.2 | 26.0% |
| Italy | 4.9 | 3.6 | 4.0 | 5.5 | 3.9% |
| Others | 13.4 | 14.6 | 18.6 | 12.6 | -2.0% |
| Total | 133 | 132 | 163 | 168 | 8.1% |
Top Suppliers of Polyurethanes to Thailand in 2022:
- China (14.5K tons)
- Malaysia (4.4K tons)
- Taiwan (Chinese) (3.4K tons)
- Japan (3.4K tons)
- South Korea (3.1K tons)
- Saudi Arabia (2.8K tons)
- Germany (1.9K tons)
- United States (1.4K tons)
- Italy (1.0K tons)
Polyurethanes Exports in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas shipments of polyurethanes in primary forms, which increased by 21% to 12K tons in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.9% 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 +76.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 28% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, polyurethanes exports soared to $44M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Polyurethanes in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 6.3 | 6.6 | 6.4 | 9.1 | 13.0% |
| China | 2.8 | 3.6 | 5.7 | 8.8 | 46.5% |
| Vietnam | 2.1 | 2.3 | 3.1 | 4.8 | 31.7% |
| Philippines | 2.3 | 2.0 | 2.8 | 3.4 | 13.9% |
| Pakistan | 0.3 | 0.5 | 0.8 | 3.1 | 117.8% |
| Myanmar | 0.6 | 1.4 | 2.3 | 2.8 | 67.1% |
| Malaysia | 2.2 | 1.8 | 1.9 | 2.7 | 7.1% |
| India | 0.6 | 0.9 | 0.8 | 1.5 | 35.7% |
| South Korea | 0.3 | 0.1 | 0.1 | 1.5 | 71.0% |
| Cambodia | 0.6 | 0.6 | 1.6 | 1.2 | 26.0% |
| Lao People's Democratic Republic | 1.1 | 0.8 | 0.8 | 1.1 | 0.0% |
| Others | 1.5 | 3.3 | 5.5 | 3.9 | 37.5% |
| Total | 20.7 | 24.1 | 31.8 | 43.7 | 28.3% |
Top Export Markets for Polyurethanes from Thailand in 2022:
- Indonesia (2483.3 tons)
- China (1727.3 tons)
- Vietnam (1382.6 tons)
- Pakistan (959.5 tons)
- South Korea (930.4 tons)
- Philippines (784.2 tons)
- Myanmar (733.6 tons)
- Malaysia (663.0 tons)
- India (405.4 tons)
- Cambodia (344.6 tons)
- Lao People's Democratic Republic (224.0 tons)
This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, in primary forms
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
516
This report provides an in-depth analysis of the polyurethanes market in Thailand.
556
This report provides an in-depth analysis of the amino-resin market in Thailand.
372
This report provides an in-depth analysis of the phenolic resins market in Thailand.
365
This report provides an in-depth analysis of the melamine resins market in Thailand.
281
This report provides an in-depth analysis of the market for urea and thiourea resins in Thailand.
303
This report provides an in-depth analysis of the amino resin market in Thailand.
1159
This report provides an in-depth analysis of the global polyurethanes market.
1798
This report provides an in-depth analysis of the global amino-resin market.
746
This report provides an in-depth analysis of the global phenolic resins market.
619
This report provides an in-depth analysis of the global melamine resins market.
11
The import of Phenolic Resins has reached its peak and is expected to keep growing in the near future, with imports amounting to $90M in 2023.
386
In July 2023, the price of Phenolic Resins was $2,718 per ton (CIF, Thailand), showing a 4.5% increase compared to the previous month.
807
Global polyurethane trade reached $7.8B in 2021, returning to the pre-pandemic level. China, Germany and Vietnam comprise 22% of total purchases. The average polyurethane import price soared 9.2% to $3,864 per ton in 2021.
620
Global exports of polyurethanes in primary forms dropped from $7B in 2019 to $6.3B in 2020. Germany, China, Italy and the U.S. constitute the largest polyurethane exporters worldwide, providing more than half of the total shipments. In 2020, all the key supplying countries experienced a reduction in polyurethane exports. The average polyurethane export price fell by -2.3% against the previous year. China, Vietnam and Germany remain the leading importers of polyurethane in primary forms.
500
The global amino resin market revenue amounted to $68.1B in 2018, rising by 6.6% against the previous year. This...
951
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
1085
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
2874
The global trade in amino-resins, phenolic resins and polyurethanes (in primary forms) amounted to X million USD in 2015, fluctuating perceptibly over the period under review. A notable drop in 2009 was followed by recovery over the next five year
1002
Germany dominates in the global trade of amino-resins, phenolic resins and polyurethanes. In 2014, Germany exported X million tons of amino-resins, phenolic resins and polyurethanes totaling X billion USD, X% over the previous year. Its primar
11
The import of Phenolic Resins has reached its peak and is expected to keep growing in the near future, with imports amounting to $90M in 2023.
