Report Update: Apr 1, 2024

Thailand - Sulphates Of Barium Or Aluminium - Market Analysis, Forecast, Size, Trends And Insights

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Price for Barium or Aluminium Sulphates in Thailand - 2023

Price for Barium or Aluminium Sulphates in Thailand (CIF) - 2022

In 2022, the average barium or aluminium sulphates import price amounted to $1,023 per ton, growing by 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,974 per ton), while the price for Indonesia ($321 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Barium or Aluminium Sulphates in Thailand (FOB) - 2022

The average barium or aluminium sulphates export price stood at $242 per ton in 2022, increasing by 2.5% against the previous year. In general, the export price posted a mild increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices attained the maximum at $368 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($413 per ton), while the average price for exports to Cambodia ($200 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 Singapore (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Barium or Aluminium Sulphates in Thailand

In 2022, overseas purchases of sulphates of barium or aluminium decreased by -3% to 6.2K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 15%. As a result, imports attained the peak of 6.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, barium or aluminium sulphates imports reached $6.3M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Barium or Aluminium Sulphates in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,672	2,144	2,498	2,967	21.1%
Japan	2,300	2,174	2,292	2,283	-0.2%
Italy	518	400	686	443	-5.1%
India	286	286	169	309	2.6%
Indonesia	25.1	183	62.0	71.6	41.8%
Malaysia	173	124	86.6	0.3	-88.0%
Others	191	192	313	231	6.5%
Total	5,165	5,503	6,107	6,303	6.9%

Top Suppliers of Barium or Aluminium Sulphates to Thailand in 2022:

China (4113.3 tons)
Japan (1156.2 tons)
Italy (340.3 tons)
India (264.5 tons)
Indonesia (222.7 tons)
Malaysia (0.4 tons)

Exports of Barium or Aluminium Sulphates in Thailand

For the third consecutive year, Thailand recorded decline in shipments abroad of sulphates of barium or aluminium, which decreased by -19% to 3.4K tons in 2022. In general, exports recorded a dramatic downturn. The smallest decline of -2.3% was in 2021.

In value terms, barium or aluminium sulphates exports dropped rapidly to $834K in 2022. Over the period under review, exports saw a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 11%.

Export of Barium or Aluminium Sulphates in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Myanmar	N/A	456	446	352	-12.1%
Cambodia	1,398	254	232	303	-39.9%
Vietnam	239	84.3	198	76.9	-31.5%
India	260	70.7	66.2	42.1	-45.5%
Lao People's Democratic Republic	194	15.7	6.2	40.2	-40.8%
Others	178	26.4	56.2	19.3	-52.3%
Total	2,270	907	1,004	834	-28.4%

Top Export Markets for Barium or Aluminium Sulphates from Thailand in 2022:

Cambodia (1516.7 tons)
Myanmar (1471.4 tons)
Vietnam (200.5 tons)
India (127.2 tons)
Lao People's Democratic Republic (97.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for barium or aluminium sulphates 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 20134151 - Sulphates of barium or aluminium

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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