Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand - 2024

Contents:

  1. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand (CIF) - 2022
  2. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand (FOB) - 2024
  3. Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand
  4. Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand (CIF) - 2022

In 2022, the average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $669 per ton, with an increase of 2.1% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 62%. Over the period under review, average import prices reached the maximum at $728 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1,447 per ton), while the price for Brunei Darussalam ($393 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand (FOB) - 2024

The average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $1,168 per ton in November 2023, remaining stable against the previous month. In general, the export price continues to indicate a slight descent. The most prominent rate of growth was recorded in March 2023 an increase of 5.8% against the previous month. Over the period under review, the average export prices attained the maximum at $1,386 per ton in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was India ($1,759 per ton), while the average price for exports to Bangladesh ($660 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand

In 2022, overseas purchases of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -2.9% to 1.2M tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 10%.

In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses fell modestly to $805M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +70.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports attained the peak of $813M, leveling off in the following year.

Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia86.712821220833.9%
Singapore86.546.997.11149.6%
Malaysia99.665.81281041.5%
Indonesia34.729.640.869.426.0%
China38.449.971.862.817.8%
Bahrain17.223.358.839.031.4%
OmanN/A8.615.032.092.9%
Brunei Darussalam18.318.131.425.912.3%
Qatar41.722.819.113.4-31.5%
Others83.080.213913617.9%
Total50647381380516.7%

Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Thailand in 2022:

  1. Saudi Arabia (421.0K tons)
  2. Malaysia (179.3K tons)
  3. Singapore (149.9K tons)
  4. Bahrain (94.6K tons)
  5. Oman (75.3K tons)
  6. Brunei Darussalam (65.9K tons)
  7. China (51.1K tons)
  8. Indonesia (48.0K tons)
  9. Qatar (31.7K tons)

Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand

In 2022, overseas shipments of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -4.9% to 216K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 12% against the previous year. As a result, the exports attained the peak of 232K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses soared to $374M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China55.359.490.497.320.7%
Japan28.022.631.041.514.0%
Indonesia12.98.323.327.228.2%
Singapore18.713.027.127.113.2%
India13.712.022.027.025.4%
Australia14.614.416.321.513.8%
Vietnam8.58.116.120.033.0%
Taiwan (Chinese)18.98.919.718.1-1.4%
United States4.46.05.813.746.0%
South Korea11.214.417.812.64.0%
Pakistan4.53.68.510.432.2%
New Zealand2.93.14.24.414.9%
Cambodia0.10.21.51.5146.6%
Others33.629.532.052.115.7%
Total22720431637418.1%

Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Thailand in 2022:

  1. China (52.9K tons)
  2. Japan (27.2K tons)
  3. Singapore (14.7K tons)
  4. Vietnam (14.7K tons)
  5. Australia (14.6K tons)
  6. Indonesia (12.8K tons)
  7. India (11.9K tons)
  8. Taiwan (Chinese) (10.2K tons)
  9. United States (7.5K tons)
  10. South Korea (7.2K tons)
  11. Pakistan (4.4K tons)
  12. Cambodia (3.3K tons)
  13. New Zealand (3.3K tons)

Source: IndexBox Market Intelligence Platform

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