Thailand - Extruded Solid Rubber Rods And Profiles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Extruded Solid Rubber Rod in Thailand - 2023
Contents:
- Price for Extruded Solid Rubber Rod in Thailand (FOB) - 2023
- Price for Extruded Solid Rubber Rod in Thailand (CIF) - 2023
- Exports of Extruded Solid Rubber Rod in Thailand
- Imports of Extruded Solid Rubber Rod in Thailand
Price for Extruded Solid Rubber Rod in Thailand (FOB) - 2023
The average extruded solid rubber rod export price stood at $3,130 per ton in September 2023, with a decrease of -4.4% against the previous month. In general, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in June 2023 an increase of 33% m-o-m. The export price peaked at $4,683 per ton in November 2022; however, from December 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($13,018 per ton), while the average price for exports to the Czech Republic ($1,152 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Extruded Solid Rubber Rod in Thailand (CIF) - 2023
The average extruded solid rubber rod import price stood at $5,541 per ton in September 2023, with an increase of 30% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 47% month-to-month. Over the period under review, average import prices reached the maximum at $5,753 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($9,360 per ton), while the price for South Korea ($772 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced a decline.
Exports of Extruded Solid Rubber Rod in Thailand
In 2022, exports of extruded solid rubber rods and profiles from Thailand dropped to 1K tons, with a decrease of -13.3% against 2021. In general, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year.
In value terms, extruded solid rubber rod exports plummeted to $3.6M in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 32%.
| Export of Extruded Solid Rubber Rod in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 454 | 397 | 860 | 827 | 22.1% |
| Malaysia | 816 | 604 | 753 | 667 | -6.5% |
| Japan | 1,636 | 552 | 536 | 443 | -35.3% |
| United States | 1.6 | 213 | 280 | 427 | 543.8% |
| Indonesia | 359 | 243 | 557 | 417 | 5.1% |
| Lao People's Democratic Republic | 616 | 500 | 430 | 340 | -18.0% |
| Czech Republic | 357 | 235 | 233 | 162 | -23.2% |
| Vietnam | 514 | 20.7 | 83.1 | 76.9 | -46.9% |
| Myanmar | 4.1 | 19.3 | 17.7 | 40.6 | 114.7% |
| Others | 334 | 527 | 610 | 206 | -14.9% |
| Total | 5,092 | 3,312 | 4,360 | 3,607 | -10.9% |
Top Export Markets for Extruded Solid Rubber Rod from Thailand in 2022:
- Japan (275.8 tons)
- Malaysia (224.5 tons)
- Czech Republic (137.0 tons)
- Lao People's Democratic Republic (98.3 tons)
- India (72.6 tons)
- United States (56.1 tons)
- Myanmar (32.1 tons)
- Indonesia (20.0 tons)
- Vietnam (13.2 tons)
Imports of Extruded Solid Rubber Rod in Thailand
In 2022, approx. 805 tons of extruded solid rubber rods and profiles were imported into Thailand; rising by 68% against 2021. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, extruded solid rubber rod imports soared to $4.4M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Extruded Solid Rubber Rod in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,785 | 1,217 | 1,705 | 1,581 | -4.0% |
| China | 319 | 545 | 712 | 788 | 35.2% |
| Poland | 424 | 630 | 349 | 455 | 2.4% |
| South Korea | 260 | 451 | 131 | 362 | 11.7% |
| Australia | 302 | 266 | 294 | 168 | -17.8% |
| Singapore | 53.8 | 64.7 | 90.6 | 49.3 | -2.9% |
| Others | 688 | 578 | 484 | 961 | 11.8% |
| Total | 3,832 | 3,752 | 3,766 | 4,364 | 4.4% |
Top Suppliers of Extruded Solid Rubber Rod to Thailand in 2022:
- South Korea (294.5 tons)
- China (282.7 tons)
- Japan (98.6 tons)
- Poland (62.1 tons)
- Australia (11.4 tons)
- Singapore (10.9 tons)
This report provides an in-depth analysis of the market for extruded solid rubber rod 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 22192087 - Extruded solid rubber rods and profiles
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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