Report Update: May 1, 2024

Thailand - Glycosides And Vegetable Alkaloids - Market Analysis, Forecast, Size, Trends And Insights

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Price for Glycosides and Vegetable Alkaloids in Thailand - 2023

Price for Glycosides and Vegetable Alkaloids in Thailand (CIF) - 2022

The average glycosides and vegetable alkaloids import price stood at $25,989 per ton in 2022, with a decrease of -13.6% against the previous year. In general, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 26% against the previous year. As a result, import price attained the peak level of $37,854 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 India ($63,347 per ton), while the price for Germany ($12,122 per ton) was amongst the lowest.

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

Price for Glycosides and Vegetable Alkaloids in Thailand (FOB) - 2022

In 2022, the average glycosides and vegetable alkaloids export price amounted to $30,220 per ton, shrinking by -29.1% against the previous year. In general, the export price, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 105%. The export price peaked at $56,106 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($44,894 per ton), while the average price for exports to Belgium ($3,396 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 the United Arab Emirates (+66.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glycosides and Vegetable Alkaloids in Thailand

In 2022, approx. 957 tons of glycosides and vegetable alkaloids were imported into Thailand; with an increase of 29% on the previous year's figure. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.7% 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 +58.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, glycosides and vegetable alkaloids imports expanded sharply to $25M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Glycosides and Vegetable Alkaloids in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.9	11.9	11.4	13.5	31.8%
India	3.6	3.6	3.6	3.7	0.9%
Germany	3.8	3.6	2.1	1.9	-20.6%
Others	5.0	4.9	5.3	5.8	5.1%
Total	18.2	24.0	22.4	24.9	11.0%

Top Suppliers of Glycosides and Vegetable Alkaloids to Thailand in 2022:

China (714.4 tons)
Germany (153.0 tons)
India (57.7 tons)

Exports of Glycosides and Vegetable Alkaloids in Thailand

Glycosides and vegetable alkaloids exports from Thailand skyrocketed to 485 tons in 2022, increasing by 42% on the previous year's figure. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, glycosides and vegetable alkaloids exports reached $15M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.7% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $16M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Glycosides and Vegetable Alkaloids in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	5.6	7.8	6.5	8.6	15.4%
Netherlands	N/A	0.2	1.4	1.6	182.8%
Indonesia	0.3	0.7	0.7	1.5	71.0%
Mexico	N/A	1.2	0.9	0.6	-29.3%
Japan	N/A	0.1	0.5	0.5	123.6%
United Kingdom	1.7	2.8	2.3	0.4	-38.3%
United Arab Emirates	N/A	N/A	N/A	0.2	0%
Malaysia	N/A	0.2	0.5	0.2	0.0%
Switzerland	0.1	0.4	0.2	N/A	41.4%
Others	1.8	2.0	1.5	1.0	-17.8%
Total	9.6	15.5	14.5	14.6	15.0%

Top Export Markets for Glycosides and Vegetable Alkaloids from Thailand in 2022:

United States (191.0 tons)
Netherlands (98.4 tons)
Indonesia (38.3 tons)
Mexico (37.1 tons)
Japan (36.6 tons)
United Arab Emirates (19.9 tons)
United Kingdom (18.6 tons)
Malaysia (17.2 tons)
Switzerland (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glycosides and vegetable alkaloids 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 21105300 - Glycosides and vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives

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