Thailand - Other Synthetic Organic Colouring Matters - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Thailand - Other Synthetic Organic Colouring Matters - Market Analysis, Forecast, Size, Trends And Insights

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Price for Synthetic Organic Colouring Matters in Thailand - 2023

Contents:

  1. Price for Synthetic Organic Colouring Matters in Thailand (CIF) - 2023
  2. Price for Synthetic Organic Colouring Matters in Thailand (FOB) - 2022
  3. Imports of Synthetic Organic Colouring Matters in Thailand
  4. Exports of Synthetic Organic Colouring Matters in Thailand

Price for Synthetic Organic Colouring Matters in Thailand (CIF) - 2023

The average synthetic organic colouring matters import price stood at $9,302 per ton in September 2023, increasing by 9.1% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 18% month-to-month. As a result, import price reached the peak level of $10,559 per ton. From July 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($24,527 per ton), while the price for Indonesia ($1,849 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Synthetic Organic Colouring Matters in Thailand (FOB) - 2022

In 2022, the average synthetic organic colouring matters export price amounted to $8,997 per ton, rising by 36% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, synthetic organic colouring matters export price increased by +40.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs at $10,288 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($13,516 per ton), while the average price for exports to Lao People's Democratic Republic ($1,607 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 Brazil (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Synthetic Organic Colouring Matters in Thailand

In 2022, overseas purchases of other synthetic organic colouring matters decreased by -13.8% to 22K 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 +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year.

In value terms, synthetic organic colouring matters imports reduced to $202M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $220M, and then contracted in the following year.

Import of Synthetic Organic Colouring Matters in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China60.862.971.365.42.5%
India49.444.461.557.14.9%
Japan12.110.213.112.10.0%
Germany14.612.611.98.8-15.5%
Taiwan (Chinese)4.74.55.95.44.7%
South Korea4.04.34.33.8-1.7%
Malaysia3.85.35.63.7-0.9%
Pakistan1.71.42.12.412.2%
Singapore1.81.11.92.03.6%
Spain1.41.01.71.64.6%
Others29.041.440.739.410.8%
Total1831892202023.3%

Top Suppliers of Synthetic Organic Colouring Matters to Thailand in 2022:

  1. China (8.8K tons)
  2. India (8.2K tons)
  3. Malaysia (0.7K tons)
  4. Taiwan (Chinese) (0.6K tons)
  5. Pakistan (0.5K tons)
  6. Japan (0.5K tons)
  7. Singapore (0.4K tons)
  8. South Korea (0.4K tons)
  9. Spain (0.4K tons)
  10. Germany (0.3K tons)

Exports of Synthetic Organic Colouring Matters in Thailand

Synthetic organic colouring matters exports from Thailand reduced remarkably to 13K tons in 2022, shrinking by -39.8% on 2021 figures. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of 22K tons, and then fell remarkably in the following year.

In value terms, synthetic organic colouring matters exports fell sharply to $116M in 2022. In general, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports attained the peak of $142M, and then contracted rapidly in the following year.

Export of Synthetic Organic Colouring Matters in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33.325.542.138.55.0%
Singapore19.614.715.913.3-12.1%
India18.610.815.011.0-16.1%
Netherlands6.35.38.29.916.3%
Bangladesh9.57.77.26.4-12.3%
Turkey4.73.74.65.87.3%
Indonesia6.45.66.95.3-6.1%
Vietnam3.83.24.94.55.8%
Brazil1.82.43.23.322.4%
Pakistan1.12.73.82.022.1%
Myanmar0.12.11.51.9166.8%
Cambodia0.70.71.21.528.9%
Lao People's Democratic Republic0.20.60.90.858.7%
Others24.020.126.812.3-20.0%
Total130105142116-3.7%

Top Export Markets for Synthetic Organic Colouring Matters from Thailand in 2022:

  1. China (2848.5 tons)
  2. Singapore (1397.4 tons)
  3. India (1154.5 tons)
  4. Bangladesh (1089.9 tons)
  5. Netherlands (914.0 tons)
  6. Vietnam (856.6 tons)
  7. Indonesia (788.5 tons)
  8. Lao People's Democratic Republic (504.6 tons)
  9. Turkey (495.4 tons)
  10. Cambodia (486.0 tons)
  11. Myanmar (448.0 tons)
  12. Pakistan (419.3 tons)
  13. Brazil (272.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for synthetic organic colouring matters 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 20122150 - Other synthetic organic colouring matters

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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