Thailand - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene in Primary Forms in Thailand - 2023
Contents:
- Price for Polyethylene in Primary Forms in Thailand (FOB) - 2023
- Price for Polyethylene in Primary Forms in Thailand (CIF) - 2023
- Exports of Polyethylene in Primary Forms in Thailand
- Imports of Polyethylene in Primary Forms in Thailand
Price for Polyethylene in Primary Forms in Thailand (FOB) - 2023
In July 2023, the average polyethylene in primary forms export price amounted to $1,064 per ton, dropping by -2.8% against the previous month. Overall, the export price continues to indicate a mild decline. The pace of growth was the most pronounced in March 2023 when the average export price increased by 6.1% m-o-m. The export price peaked at $1,342 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the countries with the highest prices were Russia ($1,197 per ton) and Australia ($1,148 per ton), while the average price for exports to China ($995 per ton) and Myanmar ($1,031 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-1.5%), while the prices for the other major destinations experienced a decline.
Price for Polyethylene in Primary Forms in Thailand (CIF) - 2023
In July 2023, the average polyethylene in primary forms import price amounted to $1,257 per ton, dropping by -4.6% against the previous month. Overall, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in March 2023 an increase of 5.8% m-o-m. The import price peaked at $1,638 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Brazil ($2,881 per ton), while the price for the United Arab Emirates ($997 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Brazil (+1.1%), while the prices for the other major suppliers experienced a decline.
Exports of Polyethylene in Primary Forms in Thailand
In 2022, exports of polyethylene in primary forms from Thailand declined dramatically to 1.7M tons, waning by -17.4% against 2021 figures. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 5.4% against the previous year.
In value terms, polyethylene in primary forms exports dropped to $2.2B in 2022. In general, exports recorded a slight contraction. The growth pace was the most rapid in 2021 with an increase of 38%. As a result, the exports reached the peak of $2.5B, and then contracted in the following year.
Export of Polyethylene in Primary Forms in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
China | 835 | 556 | -33.4% | ||
Vietnam | 280 | 234 | -16.4% | ||
Indonesia | 213 | 178 | -16.4% | ||
Japan | 218 | 161 | -26.1% | ||
Australia | 141 | 131 | -7.1% | ||
Malaysia | 81.6 | 77.8 | -4.7% | ||
Myanmar | 29.7 | 46.7 | 57.2% | ||
Philippines | 48.2 | 46.0 | -4.6% | ||
India | 34.4 | 36.7 | 6.7% | ||
Others | 387 | 329 | -15.0% | ||
Total | 2,269 | 1,797 | -20.8% |
Top Export Markets for Polyethylene in Primary Forms from Thailand in 2022:
- China (608.4K tons)
- Vietnam (256.8K tons)
- Indonesia (194.0K tons)
- Japan (172.1K tons)
- Australia (134.6K tons)
- Malaysia (82.0K tons)
- Myanmar (53.3K tons)
- Philippines (49.9K tons)
- India (36.7K tons)
Imports of Polyethylene in Primary Forms in Thailand
In 2022, the amount of polyethylene in primary forms imported into Thailand stood at 400K tons, leveling off at 2021 figures. Overall, imports, however, continue to indicate a slight setback. The pace of growth was the most pronounced in 2020 with an increase of 4.3%. As a result, imports attained the peak of 433K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, polyethylene in primary forms imports totaled $622M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Polyethylene in Primary Forms in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Saudi Arabia | 98.9 | 84.0 | -15.1% | ||
Malaysia | 75.2 | 68.4 | -9.0% | ||
United States | 74.9 | 55.8 | -25.5% | ||
Singapore | 64.4 | 46.4 | -28.0% | ||
United Arab Emirates | 6.7 | 38.2 | 470.1% | ||
Japan | 36.9 | 34.1 | -7.6% | ||
Qatar | 38.0 | 31.2 | -17.9% | ||
South Korea | 16.9 | 21.5 | 27.2% | ||
Brazil | 19.5 | 20.1 | 3.1% | ||
Kuwait | 12.7 | 12.8 | 0.8% | ||
Germany | 12.6 | 11.8 | -6.3% | ||
Others | 36.2 | 41.1 | 13.5% | ||
Total | 493 | 465 | -5.7% |
Top Suppliers of Polyethylene in Primary Forms to Thailand in 2022:
- Saudi Arabia (93.8K tons)
- Malaysia (69.6K tons)
- United States (52.1K tons)
- Singapore (45.9K tons)
- United Arab Emirates (39.8K tons)
- Qatar (34.2K tons)
- Japan (19.4K tons)
- South Korea (17.6K tons)
- Kuwait (15.2K tons)
- Brazil (11.1K tons)
- Germany (5.8K tons)
This report provides an in-depth analysis of the market for polyethylene in primary forms 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
- Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
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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