Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Thailand - 2024

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Thailand (CIF) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Thailand (FOB) - 2022
3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Thailand
4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Thailand

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Thailand (CIF) - 2022

In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $1,954 per ton, jumping by 19% against the previous year. Over the period under review, the import price continues to indicate a tangible increase. The growth pace was the most rapid in 2021 when the average import price increased by 72%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($2,365 per ton) and Malaysia ($1,908 per ton), while the price for India ($1,643 per ton) and China ($1,769 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Thailand (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $728 per ton, shrinking by -99.3% against the previous year. Over the period under review, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 1,331% against the previous year. As a result, the export price attained the peak level of $101,000 per ton, and then contracted significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +62.9% per year.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Thailand

In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses imported into Thailand soared to 1.8K tons, with an increase of 19% against the year before. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +27.5% 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 +107.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $3.4M in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Thailand in 2022:

1. China (900.1 tons)
2. India (714.8 tons)
3. Taiwan (Chinese) (78.3 tons)
4. Malaysia (32.0 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Thailand

In 2022, shipments abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses increased by 977,100% to 20 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses surged to $14K in 2022. In general, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Thailand in 2022:

1. Japan (19.5 tons)

Source: IndexBox Market Intelligence Platform