Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Thailand - 2024

Contents:

1. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Thailand (CIF) - 2024
2. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Thailand (FOB) - 2022
3. Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Thailand
4. Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Thailand

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Thailand (CIF) - 2024

The average import price for imides and their derivatives; other kinds, excluding saccharins stood at $7,388 per ton in January 2024, reducing by -15.2% against the previous month. In general, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 233% month-to-month. The import price peaked at $29,976 per ton in February 2023; however, from March 2023 to January 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Italy ($50,637 per ton), while the price for India ($2,754 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Japan (+2.7%), while the prices for the other major suppliers experienced a decline.

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Thailand (FOB) - 2022

In 2022, the average export price for imides and their derivatives; other kinds, excluding saccharins amounted to $28,526 per ton, reducing by -1.9% against the previous year. In general, the export price, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 94%. As a result, the export price attained the peak level of $29,088 per ton, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($45,212 per ton), while the average price for exports to Vietnam stood at $28,216 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+42.7%).

Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Thailand

In 2022, purchases abroad of imides and their derivatives; other kinds, excluding saccharins decreased by -3.6% to 238 tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 136%. As a result, imports reached the peak of 368 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of imides and their derivatives; other kinds, excluding saccharins shrank sharply to $3.4M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 37%. As a result, imports reached the peak of $4.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Imides and Their Derivatives; Other Kinds, Excluding Saccharin to Thailand in 2022:

1. China (101.9 tons)
2. India (99.4 tons)
3. Japan (16.1 tons)
4. Germany (9.2 tons)
5. Italy (8.1 tons)

Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Thailand

After two years of decline, shipments abroad of imides and their derivatives; other kinds, excluding saccharins increased by 29% to 3.5 tons in 2022. Overall, exports, however, faced a significant contraction.

In value terms, exports of imides and their derivatives; other kinds, excluding saccharins surged to $100K in 2022. The total export value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Imides and Their Derivatives; Other Kinds, Excluding Saccharin from Thailand in 2022:

1. Vietnam (3.4 tons)
2. New Zealand (0.1 tons)

Source: IndexBox Market Intelligence Platform