Thailand - Polyethylene Glycols and Polyethers in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene Glycol and Polyether in Thailand - 2022
Contents:
- Price for Polyethylene Glycol and Polyether in Thailand (FOB) - 2021
- Price for Polyethylene Glycol and Polyether in Thailand (CIF) - 2022
- Exports of Polyethylene Glycol and Polyether in Thailand
- Imports of Polyethylene Glycol and Polyether in Thailand
Price for Polyethylene Glycol and Polyether in Thailand (FOB) - 2021
The average polyethylene glycol and polyether export price stood at $2,270 per ton in December 2021, approximately equating the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in February 2021 when the average export price increased by 12% month-to-month. The export price peaked at $2,328 per ton in June 2021; afterwards, it flattened through to December 2021.
Average prices varied somewhat for the major external markets. In December 2021, the countries with the highest prices were South Korea ($2,618 per ton) and the Philippines ($2,575 per ton), while the average price for exports to Taiwan (Chinese) ($1,925 per ton) and Australia ($2,004 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polyethylene Glycol and Polyether in Thailand (CIF) - 2022
In January 2022, the average polyethylene glycol and polyether import price amounted to $3,532 per ton, increasing by 5.7% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +3.2%. The pace of growth was the most pronounced in August 2021 when the average import price increased by 9.7% against the previous month. The import price peaked in January 2022.
Prices varied noticeably by the country of origin: the country with the highest price was China ($4,163 per ton), while the price for the United States ($2,102 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polyethylene Glycol and Polyether in Thailand
In 2022, after three years of growth, there was significant decline in shipments abroad of polyethylene glycols and polyethers in primary forms, when their volume decreased by -13.9% to 281K tons. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +34.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. As a result, the exports attained the peak of 326K tons, and then contracted in the following year.
In value terms, polyethylene glycol and polyether exports fell remarkably to $534M in 2022. Over the period under review, exports, however, posted strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 97%. As a result, the exports attained the peak of $709M, and then reduced dramatically in the following year.
Export of Polyethylene Glycol and Polyether in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 175 | 153 | 237 | 181 | 1.1% |
India | 24.1 | 35.4 | 110 | 83.8 | 51.5% |
Indonesia | 31.8 | 35.5 | 90.3 | 69.0 | 29.5% |
Vietnam | 25.3 | 29.8 | 74.9 | 57.2 | 31.2% |
Malaysia | 10.6 | 16.8 | 33.9 | 25.9 | 34.7% |
Philippines | 15.9 | 17.2 | 30.9 | 23.6 | 14.1% |
Japan | 24.8 | 21.1 | 25.7 | 19.7 | -7.4% |
Australia | 11.1 | 15.2 | 22.7 | 17.3 | 15.9% |
Taiwan (Chinese) | 5.4 | 6.0 | 15.1 | 11.5 | 28.7% |
South Korea | 4.4 | 6.8 | 14.9 | 11.4 | 37.3% |
Others | 21.7 | 22.2 | 54.3 | 34.0 | 16.1% |
Total | 350 | 359 | 709 | 534 | 15.1% |
Top Export Markets for Polyethylene Glycol and Polyether from Thailand in 2022:
- China (98.2K tons)
- India (41.5K tons)
- Indonesia (36.3K tons)
- Vietnam (27.6K tons)
- Malaysia (13.0K tons)
- Japan (12.0K tons)
- Philippines (11.7K tons)
- Australia (10.7K tons)
- Taiwan (Chinese) (6.7K tons)
- South Korea (6.1K tons)
Imports of Polyethylene Glycol and Polyether in Thailand
Polyethylene glycol and polyether imports into Thailand stood at 96K tons in 2022, picking up by 3.5% against the previous year. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, polyethylene glycol and polyether imports totaled $285M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +68.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
Import of Polyethylene Glycol and Polyether in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 26.8 | 39.6 | 82.2 | 67.1 | 35.8% |
Singapore | 44.3 | 36.9 | 56.3 | 48.4 | 3.0% |
United States | 29.9 | 54.6 | 46.2 | 40.6 | 10.7% |
South Korea | 22.7 | 22.4 | 29.4 | 27.0 | 6.0% |
Japan | 19.5 | 20.1 | 24.8 | 20.4 | 1.5% |
Taiwan (Chinese) | 9.0 | 7.4 | 12.2 | 10.4 | 4.9% |
Netherlands | 3.5 | 3.5 | 5.7 | 4.9 | 11.9% |
Others | 13.9 | 11.1 | 14.7 | 66.5 | 68.5% |
Total | 170 | 196 | 271 | 285 | 18.8% |
Top Suppliers of Polyethylene Glycol and Polyether to Thailand in 2022:
- China (24.9K tons)
- Singapore (15.9K tons)
- United States (14.4K tons)
- South Korea (12.4K tons)
- Japan (8.4K tons)
- Taiwan (Chinese) (3.4K tons)
- Netherlands (1.9K tons)
This report provides an in-depth analysis of the market for polyethylene glycol and polyether 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 20164015 - Polyethylene glycols and other polyether alcohols, in primary forms
- Prodcom 20164020 - Polyethers, in primary forms (excluding polyacetals, polyether alcohols)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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