Thailand - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene with A Specific Gravity of Less than 0.94 in Thailand - 2023
Contents:
- Price for Polyethylene with A Specific Gravity of Less than 0.94 in Thailand (FOB) - 2023
- Price for Polyethylene with A Specific Gravity of Less than 0.94 in Thailand (CIF) - 2023
- Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Thailand
- Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Thailand
Price for Polyethylene with A Specific Gravity of Less than 0.94 in Thailand (FOB) - 2023
The average export price for polyethylene with a specific gravity of less than 0.94, in primary forms stood at $1,120 per ton in November 2023, remaining relatively unchanged against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 5.2% month-to-month. The export price peaked at $1,175 per ton in November 2022; however, from December 2022 to November 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In November 2023, the countries with the highest prices were Japan ($1,242 per ton) and Australia ($1,208 per ton), while the average price for exports to China ($1,050 per ton) and Indonesia ($1,115 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+0.0%), while the prices for the other major destinations experienced a decline.
Price for Polyethylene with A Specific Gravity of Less than 0.94 in Thailand (CIF) - 2023
In November 2023, the average import price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,258 per ton, rising by 5.5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 7.4% m-o-m. Over the period under review, average import prices attained the peak figure at $1,388 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($2,946 per ton), while the price for Kuwait ($1,060 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Thailand
In 2022, the amount of polyethylene with a specific gravity of less than 0.94, in primary forms exported from Thailand declined to 712K tons, dropping by -13.9% against 2021. In general, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 0.6%.
In value terms, exports of polyethylene with a specific gravity of less than 0.94, in primary forms contracted to $950M in 2022. Over the period under review, exports continue to indicate a noticeable descent. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of $1.1B, and then declined in the following year.
Export of Polyethylene with A Specific Gravity of Less than 0.94 in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 531 | 311 | 332 | 280 | -19.2% |
Indonesia | 95.9 | 92.9 | 159 | 149 | 15.8% |
Vietnam | 112 | 104 | 127 | 131 | 5.4% |
India | 26.0 | 27.3 | 46.3 | 51.2 | 25.3% |
Malaysia | 35.8 | 35.0 | 48.3 | 45.2 | 8.1% |
Myanmar | 8.6 | 17.4 | 26.2 | 36.3 | 61.6% |
Japan | 41.3 | 35.1 | 46.3 | 32.2 | -8.0% |
Australia | 18.7 | 18.8 | 30.4 | 28.7 | 15.3% |
Taiwan (Chinese) | 15.1 | 17.2 | 31.8 | 27.0 | 21.4% |
Philippines | 13.6 | 15.5 | 26.8 | 24.0 | 20.8% |
Others | 122 | 109 | 189 | 145 | 5.9% |
Total | 1,019 | 782 | 1,063 | 950 | -2.3% |
Top Export Markets for Polyethylene with A Specific Gravity of Less than 0.94 from Thailand in 2022:
- China (229.9K tons)
- Indonesia (110.0K tons)
- Vietnam (96.2K tons)
- India (35.9K tons)
- Malaysia (33.9K tons)
- Myanmar (26.6K tons)
- Japan (21.1K tons)
- Australia (20.1K tons)
- Philippines (18.2K tons)
- Taiwan (Chinese) (17.6K tons)
Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Thailand
In 2022, approx. 274K tons of polyethylene with a specific gravity of less than 0.94, in primary forms were imported into Thailand; increasing by 2.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, imports attained the peak of 285K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of polyethylene with a specific gravity of less than 0.94, in primary forms expanded rapidly to $427M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 27%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
Import of Polyethylene with A Specific Gravity of Less than 0.94 in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 78.2 | 71.1 | 100 | 110 | 12.0% |
Malaysia | 60.9 | 58.4 | 84.9 | 97.2 | 16.9% |
Singapore | 33.6 | 29.3 | 40.9 | 44.3 | 9.7% |
Qatar | 16.7 | 18.1 | 23.6 | 25.9 | 15.8% |
United States | 25.0 | 28.1 | 21.4 | 22.0 | -4.2% |
United Arab Emirates | 2.5 | 21.8 | 20.9 | 19.6 | 98.7% |
South Korea | 9.6 | 11.8 | 17.1 | 16.0 | 18.6% |
Germany | 9.2 | 7.4 | 8.1 | 13.9 | 14.7% |
Japan | 15.4 | 16.0 | 14.6 | 11.8 | -8.5% |
Kuwait | 6.5 | 6.7 | 12.0 | 11.7 | 21.6% |
Netherlands | 6.7 | 5.9 | 7.7 | 10.9 | 17.6% |
Brazil | 17.8 | 13.6 | 9.0 | 10.7 | -15.6% |
Others | 15.1 | 19.1 | 30.8 | 33.7 | 30.7% |
Total | 297 | 307 | 391 | 427 | 12.9% |
Top Suppliers of Polyethylene with A Specific Gravity of Less than 0.94 to Thailand in 2022:
- Saudi Arabia (80.9K tons)
- Malaysia (65.0K tons)
- Singapore (27.2K tons)
- Qatar (18.4K tons)
- United Arab Emirates (14.2K tons)
- United States (11.8K tons)
- Kuwait (9.3K tons)
- South Korea (8.2K tons)
- Germany (5.8K tons)
- Brazil (4.6K tons)
- Japan (4.6K tons)
- Netherlands (4.5K tons)
This report provides an in-depth analysis of the market for polyethylene with a specific gravity of less than 0.94 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)
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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