Thailand - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in Thailand - 2023
Contents:
- Price for Polystyrene in Primary Forms in Thailand (FOB) - 2023
- Price for Polystyrene in Primary Forms in Thailand (CIF) - 2023
- Exports of Polystyrene in Primary Forms in Thailand
- Imports of Polystyrene in Primary Forms in Thailand
Price for Polystyrene in Primary Forms in Thailand (FOB) - 2023
The average polystyrene in primary forms export price stood at $858 per ton in July 2023, surging by 28% against the previous month. Over the period under review, the export price, however, recorded a slight contraction. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 121% m-o-m. As a result, the export price reached the peak level of $1,826 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($1,280 per ton), while the average price for exports to China ($514 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.3%), while the prices for the other major destinations experienced a decline.
Price for Polystyrene in Primary Forms in Thailand (CIF) - 2023
The average polystyrene in primary forms import price stood at $1,744 per ton in July 2023, declining by -13.9% against the previous month. Over the period under review, the import price recorded a slight decrease. The growth pace was the most rapid in November 2022 an increase of 11% against the previous month. The import price peaked at $2,222 per ton in September 2022; however, from October 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2,669 per ton), while the price for South Korea ($779 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 Taiwan (Chinese) (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polystyrene in Primary Forms in Thailand
In 2022, overseas shipments of polystyrene in primary forms (excluding expansible polystyrene) decreased by -15.7% to 105K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 15%.
In value terms, polystyrene in primary forms exports declined sharply to $108M in 2022. In general, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. As a result, the exports reached the peak of $135M, and then reduced rapidly in the following year.
| Export of Polystyrene in Primary Forms in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 67.1 | 53.8 | 56.4 | 30.3 | -23.3% |
| Indonesia | 7.3 | 5.7 | 15.5 | 15.1 | 27.4% |
| Vietnam | 9.7 | 11.4 | 17.2 | 11.2 | 4.9% |
| Cambodia | 5.9 | 5.0 | 6.5 | 8.0 | 10.7% |
| Philippines | 3.1 | 2.9 | 8.2 | 7.4 | 33.6% |
| Japan | 5.6 | 3.2 | 5.1 | 5.4 | -1.2% |
| Australia | 1.4 | 0.9 | 3.0 | 4.0 | 41.9% |
| Malaysia | 0.7 | 1.0 | 2.9 | 2.6 | 54.9% |
| Myanmar | 0.3 | 0.7 | 1.8 | 2.5 | 102.7% |
| South Africa | 2.4 | 1.5 | 1.5 | 2.5 | 1.4% |
| Bangladesh | 1.9 | 0.8 | 2.0 | 2.3 | 6.6% |
| India | 0.4 | 1.7 | 1.8 | 2.3 | 79.2% |
| Others | 10.6 | 7.7 | 13.3 | 14.2 | 10.2% |
| Total | 116 | 96.5 | 135 | 108 | -2.4% |
Top Export Markets for Polystyrene in Primary Forms from Thailand in 2022:
- China (50.8K tons)
- Indonesia (10.4K tons)
- Vietnam (7.9K tons)
- Cambodia (5.4K tons)
- Philippines (5.2K tons)
- Japan (3.6K tons)
- Australia (2.9K tons)
- Malaysia (1.9K tons)
- Bangladesh (1.7K tons)
- Myanmar (1.7K tons)
- South Africa (1.7K tons)
- India (1.7K tons)
Imports of Polystyrene in Primary Forms in Thailand
In 2022, the amount of polystyrene in primary forms (excluding expansible polystyrene) imported into Thailand reduced rapidly to 24K tons, with a decrease of -38% on 2021. Overall, imports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, imports reached the peak of 39K tons, and then contracted markedly in the following year.
In value terms, polystyrene in primary forms imports shrank notably to $48M in 2022. In general, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 82% against the previous year. As a result, imports reached the peak of $81M, and then fell rapidly in the following year.
| Import of Polystyrene in Primary Forms in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 8.8 | 7.7 | 13.7 | 12.3 | 11.8% |
| Malaysia | 6.9 | 8.3 | 14.4 | 10.2 | 13.9% |
| Taiwan (Chinese) | 7.5 | 7.8 | 12.6 | 9.1 | 6.7% |
| China | 5.6 | 7.4 | 12.3 | 8.9 | 16.7% |
| Vietnam | N/A | 1.6 | 2.2 | 2.5 | 25.0% |
| Singapore | 5.1 | 6.3 | 9.6 | 2.1 | -25.6% |
| South Korea | 1.1 | 0.6 | 5.9 | 1.7 | 15.6% |
| Canada | 1.5 | 3.2 | 1.1 | 0.5 | -30.7% |
| Hong Kong SAR | 2.9 | N/A | 0.1 | N/A | -81.4% |
| Others | 2.0 | 1.5 | 9.1 | 1.2 | -15.7% |
| Total | 41.4 | 44.4 | 80.9 | 48.4 | 5.3% |
Top Suppliers of Polystyrene in Primary Forms to Thailand in 2022:
- Malaysia (5.6K tons)
- Taiwan (Chinese) (5.4K tons)
- China (4.4K tons)
- Japan (4.1K tons)
- South Korea (1.9K tons)
- Vietnam (1.3K tons)
- Singapore (1.0K tons)
- Canada (0.3K tons)
- Hong Kong SAR (0.1K tons)
This report provides an in-depth analysis of the market for polystyrene 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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
-
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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