Thailand - Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Propyl and Isopropyl Alcohol in Thailand - 2023
Contents:
- Price for Propyl and Isopropyl Alcohol in Thailand (CIF) - 2022
- Price for Propyl and Isopropyl Alcohol in Thailand (FOB) - 2022
- Imports of Propyl and Isopropyl Alcohol in Thailand
- Exports of Propyl and Isopropyl Alcohol in Thailand
Price for Propyl and Isopropyl Alcohol in Thailand (CIF) - 2022
The average propyl and isopropyl alcohol import price stood at $1,156 per ton in 2022, reducing by -2.4% against the previous year. In general, the import price saw a slight decrease. The pace of growth was the most pronounced in 2017 an increase of 22%. The import price peaked at $1,425 per ton in 2014; however, from 2015 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 the Netherlands ($4,461 per ton), while the price for Japan ($1,065 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+35.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Propyl and Isopropyl Alcohol in Thailand (FOB) - 2022
In 2022, the average propyl and isopropyl alcohol export price amounted to $2,510 per ton, dropping by -11.4% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of 76%. Over the period under review, the average export prices hit record highs at $6,013 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($5,719 per ton), while the average price for exports to Lao People's Democratic Republic ($2,269 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+40.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Propyl and Isopropyl Alcohol in Thailand
In 2022, purchases abroad of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) decreased by -20.5% to 35K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26%.
In value terms, propyl and isopropyl alcohol imports shrank rapidly to $40M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 40%.
| Import of Propyl and Isopropyl Alcohol in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 19.6 | 24.3 | 17.3 | 37.9% |
| Japan | 9.4 | 8.4 | 12.6 | 10.3 | 3.1% |
| South Korea | 6.0 | 6.2 | 8.0 | 7.5 | 7.7% |
| Taiwan (Chinese) | 0.8 | 2.2 | 1.9 | 1.8 | 31.0% |
| Singapore | 3.5 | 1.2 | 2.0 | 0.8 | -38.9% |
| Others | 2.4 | 2.6 | 2.8 | 2.3 | -1.4% |
| Total | 28.7 | 40.2 | 51.5 | 39.9 | 11.6% |
Top Suppliers of Propyl and Isopropyl Alcohol to Thailand in 2022:
- China (15.2K tons)
- Japan (9.7K tons)
- South Korea (6.6K tons)
- Taiwan (Chinese) (1.3K tons)
- Singapore (0.7K tons)
Exports of Propyl and Isopropyl Alcohol in Thailand
In 2022, the amount of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) exported from Thailand skyrocketed to 499 tons, jumping by 30% compared with the previous year's figure. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 188% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, propyl and isopropyl alcohol exports rose sharply to $1.3M in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 338%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
| Export of Propyl and Isopropyl Alcohol in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 76.3 | 257 | 789 | 703 | 109.6% |
| Vietnam | 18.0 | 206 | 41.6 | 367 | 173.2% |
| Myanmar | 0.6 | 128 | 133 | 77.2 | 404.8% |
| Philippines | 50.0 | 28.5 | 29.7 | 32.8 | -13.1% |
| Malaysia | 7.0 | 124 | 37.7 | 3.4 | -21.4% |
| Democratic Republic of the Congo | 17.3 | N/A | N/A | N/A | 0% |
| Others | 43.0 | 187 | 59.1 | 69.7 | 17.5% |
| Total | 212 | 930 | 1,090 | 1,253 | 80.8% |
Top Export Markets for Propyl and Isopropyl Alcohol from Thailand in 2022:
- Lao People's Democratic Republic (309.9 tons)
- Vietnam (142.0 tons)
- Myanmar (29.0 tons)
- Philippines (2.9 tons)
- Malaysia (1.1 tons)
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol 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 20142220 - Propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol)
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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