Thailand: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2024

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Thailand

The Thai market for medicaments of alkaloids or derivatives thereof dropped slightly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, recorded a strong expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Thailand

In value terms, production of medicaments of alkaloids or derivatives thereof shrank slightly to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

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Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Thailand

In 2016, shipments abroad of medicaments of alkaloids or derivatives thereof decreased by X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2016, the growth of the exports of remained at a lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof skyrocketed to $X in 2016. In general, total exports indicated a modest increase from 2012 to 2016: its value increased at an average annual rate of X% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports of failed to regain momentum.

Exports by Country

Hong Kong SAR (X tons) was the main destination for exports of medicaments of alkaloids or derivatives thereof from Thailand, accounting for a X% share of total exports. Moreover, exports of medicaments of alkaloids or derivatives thereof to Hong Kong SAR exceeded the volume sent to the second major destination, the Philippines (X tons), twofold.

From 2012 to 2016, the average annual growth rate of volume to Hong Kong SAR stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Malaysia (X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for medicaments of alkaloids or derivatives thereof exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of value to Hong Kong SAR totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2016, the average export price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Thailand

Imports of medicaments of alkaloids or derivatives thereof into Thailand expanded remarkably to X tons in 2016, increasing by X% against 2015. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2016, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof declined sharply to $X in 2016. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2015, and then reduced dramatically in the following year.

Imports by Country

In 2016, Italy (X tons) constituted the largest medicaments of alkaloids or derivatives thereof supplier to Thailand, accounting for a X% share of total imports. Moreover, imports of medicaments of alkaloids or derivatives thereof from Italy exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2016, the average annual growth rate of volume from Italy amounted to X.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, Italy ($X) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Thailand, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with an X% share of total imports. It was followed by Slovenia, with a X% share.

From 2012 to 2016, the average annual growth rate of value from Italy totaled X.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Slovenia (X% per year).

Import Prices by Country

In 2016, the average import price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, reducing by X% against the previous year. In general, import price indicated a modest expansion from 2012 to 2016: its price increased at an average annual rate of X% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, import price for medicaments of alkaloids or derivatives thereof increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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