Thailand: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in Thailand

The Thai platinum catalysts market skyrocketed to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, recorded a abrupt shrinkage. Platinum catalysts consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Platinum Catalysts Production in Thailand

In value terms, platinum catalysts production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. Platinum catalysts production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Platinum Catalysts Exports

Exports from Thailand

In 2022, overseas shipments of platinum catalysts decreased by X% to X kg, falling for the second consecutive year after three years of growth. In general, exports, however, continue to indicate a perceptible increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of X kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, platinum catalysts exports shrank notably to $X in 2022. Over the period under review, exports showed a perceptible contraction. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X kg), the UK (X kg) and Canada (X kg) were the main destinations of platinum catalysts exports from Thailand, together comprising X% of total exports.

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

In value terms, the largest markets for platinum catalysts exported from Thailand were Germany ($X), the UK ($X) and Canada ($X), together accounting for X% of total exports.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average platinum catalysts export price stood at $X per kg in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per kg in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per kg), while the average price for exports to Canada ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (X%), while the prices for the other major destinations experienced a decline.

Platinum Catalysts Imports

Imports into Thailand

In 2022, the amount of platinum catalysts imported into Thailand shrank remarkably to X kg, reducing by X% on 2021 figures. In general, imports showed a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, platinum catalysts imports dropped rapidly to $X in 2022. Over the period under review, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X kg) constituted the largest supplier of platinum catalysts to Thailand, accounting for a X% share of total imports. Moreover, platinum catalysts imports from Germany exceeded the figures recorded by the second-largest supplier, Japan (X kg), threefold. The third position in this ranking was held by the UK (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the UK (X% per year).

In value terms, Germany ($X) constituted the largest supplier of platinum catalysts to Thailand, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average platinum catalysts import price amounted to $X per kg, rising by X% against the previous year. In general, the import price showed a significant increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per kg in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per kg), while the price for the United States ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

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