Thailand - Unwrought Zinc - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingZinc Price in Thailand - 2023
Contents:
- Zinc Price in Thailand (CIF) - 2023
- Zinc Price in Thailand (FOB) - 2022
- Zinc Imports in Thailand
- Zinc Exports in Thailand
Zinc Price in Thailand (CIF) - 2023
The average zinc import price stood at $2,584 per ton in September 2023, picking up by 2.3% against the previous month. Over the period under review, the import price, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in March 2023 an increase of 3.8% against the previous month. The import price peaked at $3,526 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from South Korea ($2,683 per ton) and Peru ($2,637 per ton), while the price for the United Arab Emirates ($2,397 per ton) and Australia ($2,526 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.4%), while the prices for the other major suppliers experienced a decline.
Zinc Price in Thailand (FOB) - 2022
The average zinc export price stood at $3,293 per ton in 2022, jumping by 29% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc export price increased by +61.1% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by 47%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($3,593 per ton), while the average price for exports to Myanmar ($1,657 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 Bangladesh (+42.6%), while the prices for the other major destinations experienced more modest paces of growth.
Zinc Imports in Thailand
In 2022, zinc imports into Thailand was estimated at 137K tons, stabilizing at the year before. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, zinc imports soared to $498M in 2022. Overall, imports continue to indicate strong growth. The growth pace was the most rapid in 2021 with an increase of 70%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Zinc in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 57.5 | 49.0 | 92.5 | 135 | 32.9% |
| India | 31.0 | 20.0 | 82.8 | 99.1 | 47.3% |
| Australia | 45.5 | 42.8 | 47.2 | 83.7 | 22.5% |
| South Korea | 39.7 | 37.0 | 56.5 | 64.8 | 17.7% |
| United Arab Emirates | N/A | 11.4 | 23.9 | 60.0 | 129.4% |
| Peru | 45.7 | 31.5 | 38.5 | 37.9 | -6.0% |
| Spain | 44.6 | 16.5 | 11.5 | N/A | -49.2% |
| Others | 39.1 | 25.4 | 45.4 | 17.1 | -24.1% |
| Total | 303 | 234 | 398 | 498 | 18.0% |
Top Suppliers of Zinc to Thailand in 2022:
- Japan (37.8K tons)
- India (27.2K tons)
- Australia (22.5K tons)
- South Korea (17.5K tons)
- United Arab Emirates (16.2K tons)
- Peru (10.6K tons)
Zinc Exports in Thailand
Zinc exports from Thailand surged to 4K tons in 2022, increasing by 40% against 2021 figures. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, zinc exports soared to $13M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Zinc in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2.0 | 2.7 | 1.9 | 6.0 | 44.2% |
| Vietnam | 0.9 | 0.7 | 0.9 | 5.0 | 77.1% |
| Malaysia | 0.1 | N/A | N/A | 0.8 | 100.0% |
| China | N/A | N/A | 3.3 | 0.6 | -81.8% |
| Singapore | N/A | N/A | N/A | 0.3 | 0% |
| India | 1.4 | 0.5 | 1.2 | 0.2 | -47.7% |
| Taiwan (Chinese) | N/A | 1.5 | 0.1 | 0.1 | -74.2% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 4.5 | 5.5 | 7.3 | 13.2 | 43.1% |
Top Export Markets for Zinc from Thailand in 2022:
- Indonesia (1721.0 tons)
- Vietnam (1550.1 tons)
- China (283.3 tons)
- Malaysia (225.3 tons)
- Singapore (99.1 tons)
- India (74.0 tons)
- Taiwan (Chinese) (46.0 tons)
This report provides an in-depth analysis of the zinc 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 24431230 - Unwrought non-alloy zinc (excluding zinc dust, powders and flakes)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
621
This report provides an in-depth analysis of the zinc market in Thailand.
640
This report provides an in-depth analysis of the zinc market in Thailand.
400
This report provides an in-depth analysis of the zinc alloys market in Thailand.
904
This report provides an in-depth analysis of the global zinc market.
919
This report provides an in-depth analysis of the global zinc market.
1884
This report provides an in-depth analysis of the global zinc alloys market.
621
This report provides an in-depth analysis of the zinc market in Thailand.
640
This report provides an in-depth analysis of the zinc market in Thailand.
400
This report provides an in-depth analysis of the zinc alloys market in Thailand.
904
This report provides an in-depth analysis of the global zinc market.
470
In April 2023, the zinc price stood at $3,138 per ton (CIF, Thailand), falling by -7.5% against the previous month.
172
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2054
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
804
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
611
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
470
In April 2023, the zinc price stood at $3,138 per ton (CIF, Thailand), falling by -7.5% against the previous month.
172
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2054
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
804
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
611
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
