Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Thailand - 2024

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Thailand (CIF) - 2024
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Thailand (FOB) - 2024
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Thailand
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Thailand

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Thailand (CIF) - 2024

In January 2024, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $798 per ton, which is down by -37.6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 335% month-to-month. As a result, import price attained the peak level of $3,704 per ton. From March 2023 to January 2024, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -1.1% per month.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Thailand (FOB) - 2024

In January 2024, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $3,538 per ton, picking up by 23% against the previous month. Overall, the export price posted a moderate increase. The pace of growth appeared the most rapid in June 2023 an increase of 72% month-to-month. As a result, the export price reached the peak level of $7,799 per ton. From July 2023 to January 2024, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Malaysia ($21,012 per ton), while the average price for exports to Cambodia ($1,921 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Thailand

In 2022, after two years of decline, there was significant growth in supplies from abroad of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, when their volume increased by 47% to 17K tons. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses skyrocketed to $14M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Thailand in 2022:

1. China (14.2K tons)
2. Germany (1.6K tons)
3. United States (0.9K tons)
4. Cambodia (0.4K tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Thailand

In 2022, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses from Thailand surged to 1.2K tons, with an increase of 154% compared with the year before. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses skyrocketed to $4.1M in 2022. In general, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Thailand in 2022:

1. United States (644.7 tons)
2. France (354.3 tons)
3. Cambodia (206.0 tons)

Source: IndexBox Market Intelligence Platform