Price for Chlorates; Other than Sodium in Thailand - 2023
Contents:
- Price for Chlorates; Other than Sodium in Thailand (CIF) - 2022
- Price for Chlorates; Other than Sodium in Thailand (FOB) - 2022
- Imports of Chlorates; Other than Sodium in Thailand
- Exports of Chlorates; Other than Sodium in Thailand
Price for Chlorates; Other than Sodium in Thailand (CIF) - 2022
In 2022, the average chlorates; other than sodium import price amounted to $1,202 per ton, rising by 38% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorates; other than sodium import price increased by +8.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 38%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,222 per ton), while the price for India totaled $1,108 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%).
Price for Chlorates; Other than Sodium in Thailand (FOB) - 2022
The average chlorates; other than sodium export price stood at $21,590 per ton in 2022, increasing by 120% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 7,075% against the previous year. Over the period under review, the average export prices hit record highs at $81,363 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($35,481 per ton), while the average price for exports to Vietnam ($1,061 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 Lao People's Democratic Republic (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Chlorates; Other than Sodium in Thailand
In 2022, imports of chlorates; other than sodia into Thailand dropped rapidly to 1.8K tons, declining by -30.6% on the year before. In general, imports saw a abrupt curtailment. The smallest decline of -5% was in 2020.
In value terms, chlorates; other than sodium imports contracted to $2.2M in 2022. Overall, imports continue to indicate a deep setback.
| Import of Chlorates; Other than Sodium in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 2.6 | 2.2 | 1.9 | -17.6% |
| India | 0.5 | 0.2 | 0.1 | 0.4 | -7.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.9 | 2.9 | 2.3 | 2.2 | -17.4% |
Top Suppliers of Chlorates; Other than Sodium to Thailand in 2022:
- China (1519.2 tons)
- India (319.8 tons)
Exports of Chlorates; Other than Sodium in Thailand
In 2022, overseas shipments of chlorates; other than sodia decreased by -35.6% to 2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 96%. As a result, the exports reached the peak of 6.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, chlorates; other than sodium exports surged to $43K in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 67% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Chlorates; Other than Sodium in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 11.8 | 19.3 | 20.9 | 30.6 | 37.4% |
| Jordan | N/A | N/A | N/A | 5.6 | 0% |
| Indonesia | N/A | N/A | 2.6 | 4.0 | 53.8% |
| Bangladesh | 1.5 | N/A | 2.1 | 1.3 | -4.7% |
| Vietnam | 2.2 | 3.5 | 2.2 | 0.7 | -31.7% |
| Lao People's Democratic Republic | 0.2 | 1.5 | N/A | N/A | 650.0% |
| Others | N/A | 2.1 | 2.9 | 1.2 | -24.4% |
| Total | 15.7 | 26.3 | 30.7 | 43.4 | 40.3% |
Top Export Markets for Chlorates; Other than Sodium from Thailand in 2022:
- Philippines (862.0 kg)
- Vietnam (667.0 kg)
- Jordan (238.0 kg)
- Indonesia (155.0 kg)
- Bangladesh (49.0 kg)
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