Price for Lustres; Liquid Lustres and Similar Preparations in Thailand - 2024
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Thailand (CIF) - 2022
- Price for Lustres; Liquid Lustres and Similar Preparations in Thailand (FOB) - 2024
- Imports of Lustres; Liquid Lustres and Similar Preparations in Thailand
- Exports of Lustres; Liquid Lustres and Similar Preparations in Thailand
Price for Lustres; Liquid Lustres and Similar Preparations in Thailand (CIF) - 2022
The average import price for lustres; liquid lustres and similar preparationses stood at $16,795 per ton in 2022, with an increase of 8% against the previous year. Over the period under review, the import price, however, continues to indicate a mild slump. The growth pace was the most rapid in 2016 when the average import price increased by 41% against the previous year. As a result, import price attained the peak level of $27,376 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($69,680 per ton), while the price for China ($1,829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lustres; Liquid Lustres and Similar Preparations in Thailand (FOB) - 2024
In January 2024, the average export price for lustres; liquid lustres and similar preparationses amounted to $4,424 per ton, increasing by 62% against the previous month. Overall, export price indicated a moderate increase from January 2023 to January 2024: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, export price for lustres; liquid lustres and similar preparationses increased by +62.2% against December 2023 indices. Over the period under review, the average export prices hit record highs at $4,629 per ton in July 2023; however, from August 2023 to January 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($30,303 per ton), while the average price for exports to Cambodia ($2,395 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 Lao People's Democratic Republic (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lustres; Liquid Lustres and Similar Preparations in Thailand
In 2022, overseas purchases of lustres; liquid lustres and similar preparationses decreased by -18.9% to 185 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a mild decline. The most prominent rate of growth was recorded in 2021 when imports increased by 9.7%. As a result, imports attained the peak of 228 tons, and then shrank sharply in the following year.
In value terms, imports of lustres; liquid lustres and similar preparationses declined to $3.1M in 2022. Overall, imports recorded a deep setback. The smallest decline of -5.6% was in 2020.
| Import of Lustres; Liquid Lustres and Similar Preparations in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,173 | 1,747 | 1,801 | 1,588 | -9.9% |
| Germany | 614 | 496 | 522 | 267 | -24.2% |
| South Korea | 154 | 177 | 262 | 204 | 9.8% |
| Taiwan (Chinese) | 72.8 | 41.8 | 107 | 187 | 37.0% |
| China | 195 | 196 | 191 | 154 | -7.6% |
| United States | 408 | 673 | 122 | 61.0 | -46.9% |
| Others | 610 | 661 | 545 | 651 | 2.2% |
| Total | 4,227 | 3,992 | 3,551 | 3,112 | -9.7% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Thailand in 2022:
- China (84.2 tons)
- Taiwan (Chinese) (47.5 tons)
- Japan (22.8 tons)
- South Korea (12.0 tons)
- Germany (9.0 tons)
- United States (2.5 tons)
Exports of Lustres; Liquid Lustres and Similar Preparations in Thailand
In 2022, shipments abroad of lustres; liquid lustres and similar preparationses decreased by -12% to 849 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of lustres; liquid lustres and similar preparationses contracted to $2.6M in 2022. Overall, exports saw a slight descent. The pace of growth appeared the most rapid in 2020 with an increase of 8.4% against the previous year. As a result, the exports attained the peak of $3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Lustres; Liquid Lustres and Similar Preparations in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 1,557 | 1,737 | 1,597 | 1,273 | -6.5% |
| Australia | 430 | 374 | 386 | 367 | -5.1% |
| Lao People's Democratic Republic | 47.2 | 116 | 195 | 344 | 93.9% |
| Cambodia | 76.9 | 326 | 350 | 261 | 50.3% |
| Vietnam | 255 | 301 | 225 | 248 | -0.9% |
| Others | 378 | 120 | 125 | 113 | -33.1% |
| Total | 2,744 | 2,974 | 2,877 | 2,607 | -1.7% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Thailand in 2022:
- Myanmar (512.1 tons)
- Lao People's Democratic Republic (116.3 tons)
- Cambodia (110.6 tons)
- Vietnam (69.5 tons)
- Australia (13.4 tons)
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