Thailand - Sulphites - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphites Price in Thailand - 2023
Contents:
- Sulphites Price in Thailand (FOB) - 2023
- Sulphites Price in Thailand (CIF) - 2022
- Sulphites Exports in Thailand
- Sulphites Imports in Thailand
Sulphites Price in Thailand (FOB) - 2023
In September 2023, the average sulphites export price amounted to $455 per ton, which is down by -1.9% against the previous month. In general, the export price showed a pronounced slump. The most prominent rate of growth was recorded in November 2022 an increase of 12% month-to-month. As a result, the export price attained the peak level of $667 per ton. From December 2022 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Australia ($755 per ton), while the average price for exports to Tanzania ($305 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 Australia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphites Price in Thailand (CIF) - 2022
The average sulphites import price stood at $586 per ton in 2022, increasing by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the average import price increased by 28% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($904 per ton), while the price for China ($508 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites Exports in Thailand
In 2022, sulphites exports from Thailand fell to 89K tons, with a decrease of -12.1% against 2021. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 13%. As a result, the exports reached the peak of 101K tons, and then shrank in the following year.
In value terms, sulphites exports surged to $54M in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Sulphites in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 5.7 | 5.7 | 4.3 | 7.7 | 10.5% |
Philippines | 3.8 | 4.7 | 4.1 | 4.9 | 8.8% |
Tanzania | 3.2 | 3.2 | 6.0 | 4.5 | 12.0% |
Lao People's Democratic Republic | 0.6 | 0.6 | 1.0 | 4.4 | 94.3% |
India | 3.9 | 3.2 | 3.3 | 3.9 | 0.0% |
Saudi Arabia | 3.9 | 1.5 | 0.9 | 3.0 | -8.4% |
Indonesia | 2.6 | 2.3 | 3.1 | 3.0 | 4.9% |
Canada | 0.3 | 0.8 | 2.4 | 2.9 | 113.0% |
United States | 1.0 | 1.0 | 1.2 | 2.8 | 40.9% |
Japan | 1.4 | 1.5 | 2.2 | 2.0 | 12.6% |
Pakistan | 1.1 | 1.1 | 2.3 | 1.7 | 15.6% |
Vietnam | 1.2 | 1.2 | 1.3 | 1.6 | 10.1% |
Taiwan (Chinese) | 1.0 | 0.9 | 1.0 | 1.2 | 6.3% |
Others | 13.8 | 12.4 | 10.3 | 10.9 | -7.6% |
Total | 43.5 | 40.1 | 43.3 | 54.4 | 7.7% |
Top Export Markets for Sulphites from Thailand in 2022:
- Australia (13.8K tons)
- Tanzania (8.3K tons)
- Lao People's Democratic Republic (8.2K tons)
- Philippines (7.8K tons)
- India (5.8K tons)
- Indonesia (4.8K tons)
- United States (4.6K tons)
- Saudi Arabia (4.4K tons)
- Canada (4.0K tons)
- Pakistan (3.0K tons)
- Japan (2.9K tons)
- Vietnam (2.4K tons)
- Taiwan (Chinese) (1.8K tons)
Sulphites Imports in Thailand
In 2022, overseas purchases of sulphites decreased by -1.9% to 9.5K tons, falling for the second year in a row after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 7.4%. As a result, imports attained the peak of 10K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sulphites imports surged to $5.6M in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
Import of Sulphites in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.8 | 2.6 | 3.2 | 3.9 | 11.7% |
Germany | 0.8 | 0.6 | 0.9 | 1.1 | 11.2% |
Taiwan (Chinese) | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Japan | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Others | 0.3 | 0.5 | 0.4 | 0.2 | -12.6% |
Total | 4.1 | 3.8 | 4.7 | 5.6 | 11.0% |
Top Suppliers of Sulphites to Thailand in 2022:
- China (7.8K tons)
- Germany (1.2K tons)
- Taiwan (Chinese) (0.3K tons)
- Japan (0.2K tons)
This report provides an in-depth analysis of the sulphites 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 20134133 - Sulphites
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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The exports of Sulphites reached its highest point in September 2023, with a value of $3.8M.
The exports of Sulphites reached its highest point in September 2023, with a value of $3.8M.