Thailand - Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand - 2023

Contents:

  1. Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand (FOB) - 2022
  2. Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand (CIF) - 2022
  3. Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand
  4. Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand

Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand (FOB) - 2022

In 2022, the average export price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $752 per ton, growing by 22% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 51% against the previous year. The export price peaked at $840 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($780 per ton), while the average price for exports to Japan ($726 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 China (-0.4%), while the prices for the other major destinations experienced a decline.

Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand (CIF) - 2022

In 2022, the average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $1,013 per ton, falling by -25.4% against the previous year. In general, the import price showed a slight slump. The pace of growth was the most pronounced in 2017 an increase of 42%. Over the period under review, average import prices reached the peak figure at $1,358 per ton in 2021, and then fell markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($39,500 per ton), while the price for Japan ($936 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+48.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand

In 2022, after three years of growth, there was significant decline in overseas shipments of butanols (excluding butan-1-ol (n-butyl alcohol)), when their volume decreased by -70.9% to 8K tons. Overall, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of 27K tons, and then dropped markedly in the following year.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports shrank notably to $6M in 2022. Over the period under review, exports faced a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 93%. As a result, the exports attained the peak of $17M, and then shrank significantly in the following year.

Export of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/A2.22.931.8%
China6.55.011.12.3-29.3%
South KoreaN/A3.73.40.7-56.5%
Taiwan (Chinese)4.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total11.28.716.86.0-18.8%

Top Export Markets for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) from Thailand in 2022:

  1. Japan (4.0K tons)
  2. China (3.0K tons)
  3. South Korea (0.9K tons)

Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand

In 2022, butanols (excluding butan-1-ol (n-butyl alcohol)) imports into Thailand totaled 9K tons, with an increase of 14% against the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% 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 +52.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports declined dramatically to $9.1M in 2022. Over the period under review, imports saw a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 74%. As a result, imports reached the peak of $11M, and then fell rapidly in the following year.

Import of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia4.25.08.36.817.4%
Taiwan (Chinese)0.90.81.60.90.0%
JapanN/AN/AN/A0.90%
Saudi Arabia0.10.20.20.226.0%
Others0.20.20.70.20.0%
Total5.56.210.89.118.3%

Top Suppliers of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) to Thailand in 2022:

  1. Malaysia (7.1K tons)
  2. Japan (1.0K tons)
  3. Taiwan (Chinese) (0.6K tons)
  4. Saudi Arabia (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for butanols (excluding butan-1-ol (n-butyl alcohol)) 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 20142240 - Butanols (excluding butan-1-ol (n-butyl alcohol))

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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