Thailand: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Thailand

The Thai calcium carbonate market dropped to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Calcium carbonate consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Calcium Carbonate Production in Thailand

In value terms, calcium carbonate production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Calcium Carbonate Exports

Exports from Thailand

Calcium carbonate exports from Thailand shrank to X tons in 2022, which is down by X% compared with the previous year's figure. Overall, exports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, calcium carbonate exports declined to $X in 2022. In general, exports saw a perceptible setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Cambodia (X tons) was the main destination for calcium carbonate exports from Thailand, accounting for a X% share of total exports. Moreover, calcium carbonate exports to Cambodia exceeded the volume sent to the second major destination, Myanmar (X tons), twofold. Lao People's Democratic Republic (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cambodia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and Lao People's Democratic Republic (X% per year).

In value terms, the largest markets for calcium carbonate exported from Thailand were Cambodia ($X), Myanmar ($X) and Vietnam ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Cambodia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average calcium carbonate export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a pronounced reduction. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Cambodia ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Calcium Carbonate Imports

Imports into Thailand

After two years of growth, overseas purchases of calcium carbonate decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, calcium carbonate imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China (X tons), Japan (X tons) and Malaysia (X tons) were the main suppliers of calcium carbonate imports to Thailand, together comprising X% of total imports. Taiwan (Chinese), Vietnam and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest calcium carbonate suppliers to Thailand were Japan ($X), China ($X) and Malaysia ($X), together accounting for X% of total imports. Taiwan (Chinese), Turkey and Vietnam lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average calcium carbonate import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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