Price for Salts of Oxometallic or Peroxometallic Acids in Thailand - 2023

Contents:

1. Price for Salts of Oxometallic or Peroxometallic Acids in Thailand (CIF) - 2022
2. Price for Salts of Oxometallic or Peroxometallic Acids in Thailand (FOB) - 2022
3. Imports of Salts of Oxometallic or Peroxometallic Acids in Thailand
4. Exports of Salts of Oxometallic or Peroxometallic Acids in Thailand

Price for Salts of Oxometallic or Peroxometallic Acids in Thailand (CIF) - 2022

The average import price for salts of oxometallic or peroxometallic acidses stood at $2,177 per ton in 2022, growing by 32% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 62% against the previous year. As a result, import price attained the peak level of $2,870 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($8,525 per ton), while the price for South Africa ($1,210 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Salts of Oxometallic or Peroxometallic Acids in Thailand (FOB) - 2022

In 2022, the average export price for salts of oxometallic or peroxometallic acidses amounted to $7,201 per ton, growing by 64% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 227%. As a result, the export price reached the peak level of $7,958 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($9,069 per ton), while the average price for exports to Cambodia ($3,189 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 Lao People's Democratic Republic (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Salts of Oxometallic or Peroxometallic Acids in Thailand

In 2022, overseas purchases of salts of oxometallic or peroxometallic acidses decreased by -25.9% to 11K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year.

In value terms, imports of salts of oxometallic or peroxometallic acidses declined modestly to $23M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports attained the peak of $24M, and then dropped in the following year.

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Thailand in 2022:

1. China (7.3K tons)
2. South Africa (1.0K tons)
3. India (0.7K tons)
4. Japan (0.6K tons)
5. Kazakhstan (0.6K tons)
6. United States (0.2K tons)
7. South Korea (0.1K tons)

Exports of Salts of Oxometallic or Peroxometallic Acids in Thailand

In 2022, the amount of salts of oxometallic or peroxometallic acidses exported from Thailand soared to 64 tons, growing by 23% on the previous year. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 233%. As a result, the exports attained the peak of 110 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of salts of oxometallic or peroxometallic acidses soared to $462K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 454%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from Thailand in 2022:

1. Singapore (26.8 tons)
2. Malaysia (19.5 tons)
3. Vietnam (11.4 tons)
4. Indonesia (3.0 tons)
5. Myanmar (2.1 tons)
6. Cambodia (1.0 tons)

Source: IndexBox Market Intelligence Platform