Thailand - Styrene-Acrylonitrile (San) And Acrylonitrile-Butadiene-Styrene (Abs) Copolymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStyrene-Acrylonitrile Price in Thailand - 2023
Contents:
- Styrene-Acrylonitrile Price in Thailand (CIF) - 2023
- Styrene-Acrylonitrile Price in Thailand (FOB) - 2023
- Styrene-Acrylonitrile Imports in Thailand
- Styrene-Acrylonitrile Exports in Thailand
Styrene-Acrylonitrile Price in Thailand (CIF) - 2023
The average styrene-acrylonitrile import price stood at $1,822 per ton in September 2023, declining by -1.7% against the previous month. Over the period under review, the import price continues to indicate a slight setback. The growth pace was the most rapid in November 2022 when the average import price increased by 6.1% against the previous month. The import price peaked at $2,251 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($2,711 per ton), while the price for China ($1,585 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 (-0.1%), while the prices for the other major suppliers experienced a decline.
Styrene-Acrylonitrile Price in Thailand (FOB) - 2023
The average styrene-acrylonitrile export price stood at $1,256 per ton in September 2023, increasing by 8.3% against the previous month. Over the period under review, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in November 2022 an increase of 12% m-o-m. As a result, the export price reached the peak level of $1,714 per ton. From December 2022 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($1,785 per ton), while the average price for exports to China ($1,060 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-0.9%), while the prices for the other major destinations experienced a decline.
Styrene-Acrylonitrile Imports in Thailand
After three years of growth, overseas purchases of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by -11.7% to 153K tons in 2022. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17%.
In value terms, styrene-acrylonitrile imports shrank to $343M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of $394M, and then declined in the following year.
| Import of Styrene-Acrylonitrile in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 94.5 | 107 | 167 | 134 | 12.3% |
| Malaysia | 57.6 | 50.6 | 85.5 | 74.7 | 9.1% |
| China | 17.0 | 17.9 | 35.1 | 35.5 | 27.8% |
| Japan | 39.9 | 33.2 | 42.1 | 34.0 | -5.2% |
| Taiwan (Chinese) | 18.3 | 27.0 | 34.1 | 33.5 | 22.3% |
| Germany | 9.5 | 8.9 | 15.8 | 10.9 | 4.7% |
| Vietnam | 4.1 | 4.3 | 3.5 | 10.2 | 35.5% |
| Others | 11.5 | 11.4 | 11.2 | 10.7 | -2.4% |
| Total | 252 | 260 | 394 | 343 | 10.8% |
Top Suppliers of Styrene-Acrylonitrile to Thailand in 2022:
- South Korea (61.1K tons)
- Malaysia (38.5K tons)
- Taiwan (Chinese) (14.8K tons)
- China (13.6K tons)
- Japan (12.3K tons)
- Germany (4.1K tons)
- Vietnam (3.6K tons)
Styrene-Acrylonitrile Exports in Thailand
In 2022, overseas shipments of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by -25.5% to 141K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 13%. As a result, the exports reached the peak of 199K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, styrene-acrylonitrile exports fell markedly to $253M in 2022. In general, exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 56%. As a result, the exports attained the peak of $381M, and then contracted notably in the following year.
| Export of Styrene-Acrylonitrile in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 178 | 153 | 192 | 109 | -15.1% |
| Vietnam | 11.6 | 12.6 | 26.6 | 23.5 | 26.5% |
| India | 6.0 | 8.4 | 13.2 | 18.3 | 45.0% |
| Egypt | 2.5 | 1.6 | 2.9 | 14.0 | 77.6% |
| Hong Kong SAR | 23.5 | 17.1 | 28.1 | 10.6 | -23.3% |
| Indonesia | 5.4 | 3.9 | 11.4 | 9.6 | 21.1% |
| Germany | 11.9 | 8.8 | 17.7 | 9.0 | -8.9% |
| Japan | 15.3 | 11.5 | 9.2 | 8.3 | -18.4% |
| United States | 6.1 | 3.9 | 11.0 | 7.8 | 8.5% |
| South Korea | 0.5 | 0.5 | 23.3 | 6.1 | 130.2% |
| Malta | 5.7 | 6.3 | 7.0 | 4.9 | -4.9% |
| United Arab Emirates | N/A | 1.7 | 2.2 | 3.6 | 45.5% |
| Others | 17.5 | 15.4 | 36.8 | 28.8 | 18.1% |
| Total | 285 | 245 | 381 | 253 | -3.9% |
Top Export Markets for Styrene-Acrylonitrile from Thailand in 2022:
- China (71.2K tons)
- Vietnam (10.4K tons)
- India (10.3K tons)
- Egypt (6.7K tons)
- Hong Kong SAR (5.0K tons)
- Germany (4.7K tons)
- Indonesia (4.3K tons)
- Japan (4.0K tons)
- United States (3.1K tons)
- Malta (2.6K tons)
- South Korea (2.6K tons)
- United Arab Emirates (2.3K tons)
This report provides an in-depth analysis of the styrene-acrylonitrile 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 20162050 - Styrene-acrylonitrile (SAN) copolymers, in primary forms
- Prodcom 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
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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