Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand - 2024

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand (CIF) - 2024
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand (FOB) - 2024
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand (CIF) - 2024

In September 2023, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,393 per ton, dropping by -5.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 18% against the previous month. Over the period under review, average import prices hit record highs at $1,481 per ton in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Japan ($1,907 per ton) and China ($1,644 per ton), while the price for Malaysia ($1,352 per ton) and South Korea ($1,596 per ton) were amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand (FOB) - 2024

The average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,499 per ton in September 2023, rising by 8.6% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $1,544 per ton in April 2023; afterwards, it flattened through to September 2023.

Average prices varied noticeably for the major overseas markets. In September 2023, the countries with the highest prices were Indonesia ($1,605 per ton) and Singapore ($1,478 per ton), while the average price for exports to India ($1,332 per ton) and Vietnam ($1,400 per ton) were amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand

In 2022, the amount of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses imported into Thailand soared to 8K tons, growing by 85% on the year before. Overall, imports showed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses surged to $13M in 2022. Over the period under review, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia5.32.13.98.718.0%
Japan1.11.62.43.141.3%
South Korea1.60.71.10.6-27.9%
Others0.50.1N/A0.2-26.3%
Total8.44.57.412.514.2%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Thailand in 2022:

  1. Malaysia (5.9K tons)
  2. Japan (1.7K tons)
  3. South Korea (0.3K tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand

In 2022, approx. 2K tons of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses were exported from Thailand; with a decrease of -7.1% compared with the year before. Overall, exports recorded a sharp decrease.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses shrank markedly to $3.4M in 2022. In general, exports faced a deep setback. The smallest decline of -2.6% was in 2021.

Export of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam5.62.00.51.3-38.5%
SingaporeN/A0.80.81.011.8%
Indonesia0.41.02.00.931.0%
IndiaN/A0.40.80.2-29.3%
OthersN/AN/AN/AN/A0%
Total6.04.24.13.4-17.2%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from Thailand in 2022:

  1. Vietnam (787.0 tons)
  2. Singapore (608.0 tons)
  3. Indonesia (550.0 tons)
  4. India (96.0 tons)

Source: IndexBox Market Intelligence Platform

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