Thailand: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Thailand

The Thai market for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to less than $X in 2022, approximately reflecting the previous year. In general, consumption, however, showed a abrupt downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Thailand

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to less than $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from Thailand

In 2016, shipments abroad of polyethylene terephthalate and other polyethylene terephthalate in primary forms decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached 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 polyethylene terephthalate and other polyethylene terephthalate in primary forms shrank significantly to $X in 2016. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Japan (X tons), Vietnam (X tons) and Australia (X tons) were the main destinations of exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from Thailand, together accounting for X% of total exports. The United States, the Philippines, Indonesia, Cambodia, China, Lao People's Democratic Republic, Cameroon and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2016, the biggest increases were recorded for Cameroon (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Vietnam ($X) and Australia ($X) constituted the largest markets for polyethylene terephthalate and other polyethylene terephthalate in primary forms exported from Thailand worldwide, with a combined X% share of total exports. The United States, the Philippines, Indonesia, Cambodia, Lao People's Democratic Republic, Cameroon, Turkey and China lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Cameroon, 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

In 2016, the average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, shrinking by X% against the previous year. In general, the export price faced a abrupt decrease. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2016, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2016, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to China ($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 Indonesia (X%), while the prices for the other major destinations experienced a decline.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into Thailand

In 2016, overseas purchases of polyethylene terephthalate and other polyethylene terephthalate in primary forms increased by X% to X tons for the first time since 2013, thus ending a two-year declining trend. Overall, total imports indicated a prominent increase from 2012 to 2016: its volume increased at an average annual rate of X% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2013; however, from 2014 to 2016, imports failed to regain momentum.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms skyrocketed to $X in 2016. In general, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports of remained at a lower figure.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Malaysia (X tons) were the main suppliers of imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Thailand, together accounting for X% of total imports. Japan, South Korea, India, Indonesia and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

From 2012 to 2016, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) were the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms suppliers to Thailand, together accounting for X% of total imports. Malaysia, South Korea, India, Indonesia and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the United Arab Emirates, 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 2016, the average import price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, declining by X% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2016, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform