Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand - 2023

Contents:

  1. Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand (CIF) - 2022
  2. Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand (FOB) - 2023
  3. Imports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand
  4. Exports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand

Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand (CIF) - 2022

The average import price for organo-sulphur compounds; thiocarbamates and dithiocarbamateses stood at $3,880 per ton in 2022, growing by 5.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 16%. The import price peaked at $4,539 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($12,039 per ton), while the price for Belgium ($1,372 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand (FOB) - 2023

In September 2023, the average export price for organo-sulphur compounds; thiocarbamates and dithiocarbamateses amounted to $7,758 per ton, falling by -27.4% against the previous month. In general, the export price, however, saw a buoyant expansion. The pace of growth was the most pronounced in November 2022 when the average export price increased by 185% month-to-month. Over the period under review, the average export prices hit record highs at $10,871 per ton in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Iran ($14,060 per ton), while the average price for exports to Myanmar ($3,140 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 Indonesia (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand

In 2022, overseas purchases of organo-sulphur compounds; thiocarbamates and dithiocarbamateses decreased by -28.1% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of 3.5K tons, and then contracted markedly in the following year.

In value terms, organo-sulphur compounds; thiocarbamates and dithiocarbamates imports declined significantly to $9.7M in 2022. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of $13M, and then dropped remarkably in the following year.

Import of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.05.27.13.8-8.7%
India2.92.02.31.7-16.3%
Singapore0.20.40.71.386.6%
Italy0.70.60.60.84.6%
Japan0.70.71.00.84.6%
Belgium0.20.20.10.426.0%
Malaysia0.40.40.40.3-9.1%
Germany0.30.20.50.2-12.6%
Others0.10.30.20.458.7%
Total10.410.012.89.7-2.3%

Top Suppliers of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates to Thailand in 2022:

  1. China (1056.3 tons)
  2. India (581.1 tons)
  3. Belgium (257.7 tons)
  4. Italy (212.0 tons)
  5. Malaysia (138.2 tons)
  6. Singapore (107.2 tons)
  7. Japan (105.4 tons)
  8. Germany (21.6 tons)

Exports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand

In 2022, shipments abroad of organo-sulphur compounds; thiocarbamates and dithiocarbamateses was finally on the rise to reach 140 tons after two years of decline. Over the period under review, exports posted a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, organo-sulphur compounds; thiocarbamates and dithiocarbamates exports surged to $523K in 2022. In general, exports enjoyed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/AN/A1520%
Iran13210.293.01504.4%
Vietnam31.243.246.511454.0%
Japan29.920.443.239.29.4%
Myanmar39.062.855.534.9-3.6%
PakistanN/AN/AN/A12.70%
AustraliaN/AN/AN/A5.30%
CambodiaN/A19.927.72.6-63.9%
China28.0N/A0.1N/A-94.0%
Lao People's Democratic Republic129126N/AN/A-2.3%
Others30.111.67.012.7-25.0%
Total4202942735237.6%

Top Export Markets for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates from Thailand in 2022:

  1. South Korea (63.2 tons)
  2. Iran (26.2 tons)
  3. Vietnam (17.0 tons)
  4. Japan (12.8 tons)
  5. Myanmar (7.8 tons)
  6. Pakistan (6.4 tons)
  7. Australia (4.5 tons)
  8. Cambodia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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