Thailand - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Carbonate Price in Thailand - 2023
Contents:
- Sodium Carbonate Price in Thailand (CIF) - 2022
- Sodium Carbonate Price in Thailand (FOB) - 2022
- Sodium Carbonate Imports in Thailand
- Sodium Carbonate Exports in Thailand
Sodium Carbonate Price in Thailand (CIF) - 2022
In 2022, the average sodium carbonate import price amounted to $374 per ton, picking up by 78% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China ($435 per ton), while the price for Belgium ($173 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Carbonate Price in Thailand (FOB) - 2022
In 2022, the average sodium carbonate export price amounted to $560 per ton, increasing by 27% against the previous year. In general, the export price, however, recorded a pronounced descent. The growth pace was the most rapid in 2020 an increase of 153% against the previous year. As a result, the export price reached the peak level of $751 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($1,271 per ton), while the average price for exports to Malaysia ($289 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 Australia (+31.2%), while the prices for the other major destinations experienced mixed trend patterns.
Sodium Carbonate Imports in Thailand
In 2022, imports of sodium carbonate into Thailand stood at 726K tons, growing by 5.2% compared with the year before. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 8.6% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sodium carbonate imports soared to $272M in 2022. Over the period under review, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Carbonate in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 72.4 | 60.2 | 68.0 | 87.1 | 6.4% |
| China | 27.6 | 22.0 | 7.3 | 71.6 | 37.4% |
| Turkey | 27.3 | 22.2 | 28.0 | 36.3 | 10.0% |
| Kenya | 23.8 | 11.5 | 13.7 | 24.0 | 0.3% |
| Bulgaria | 6.2 | 5.8 | 7.2 | 22.5 | 53.7% |
| Spain | 11.7 | 13.2 | 9.5 | 14.6 | 7.7% |
| Italy | 2.8 | 4.5 | 7.1 | 11.4 | 59.7% |
| Others | 4.5 | 1.2 | 4.3 | 4.1 | -3.1% |
| Total | 176 | 141 | 145 | 272 | 15.6% |
Top Suppliers of Sodium Carbonate to Thailand in 2022:
- United States (251.2K tons)
- China (164.6K tons)
- Turkey (91.8K tons)
- Kenya (71.3K tons)
- Bulgaria (61.0K tons)
- Spain (40.0K tons)
- Italy (34.7K tons)
Sodium Carbonate Exports in Thailand
Sodium carbonate exports from Thailand soared to 5.9K tons in 2022, with an increase of 46% against 2021 figures. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 738% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sodium carbonate exports skyrocketed to $3.3M in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 391% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Sodium Carbonate in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 0.6 | 25.5 | 1,119 | 2,589 | 1528.0% |
| Cambodia | 488 | 295 | 417 | 440 | -3.4% |
| Malaysia | N/A | 24.4 | 33.7 | 145 | 143.8% |
| Lao People's Democratic Republic | 0.8 | 9.3 | 13.2 | 70.5 | 345.0% |
| Others | 31.5 | 5.8 | 185 | 33.5 | 2.1% |
| Total | 521 | 360 | 1,768 | 3,277 | 84.6% |
Top Export Markets for Sodium Carbonate from Thailand in 2022:
- Myanmar (4.8K tons)
- Malaysia (0.5K tons)
- Cambodia (0.3K tons)
- Lao People's Democratic Republic (0.1K tons)
This report provides an in-depth analysis of the sodium carbonate market 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 20134310 - Disodium carbonate
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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