Thailand: Asphalted Paper Market 2024

Asphalted Paper Market Size in Thailand

The Thai asphalted paper market amounted to $X in 2022, picking up by X% against the previous year. In general, consumption showed a significant expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Asphalted Paper Production in Thailand

In value terms, asphalted paper production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated pronounced growth 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 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Asphalted Paper Exports

Exports from Thailand

Asphalted paper exports from Thailand declined dramatically to X tons in 2022, which is down by X% compared with the previous year's figure. Overall, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, asphalted paper exports dropped significantly to $X in 2022. Over the period under review, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for asphalted paper exports from Thailand, with a X% share of total exports. Moreover, asphalted paper exports to Australia exceeded the volume sent to the second major destination, India (X tons), threefold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and China (X% per year).

In value terms, Australia ($X) remains the key foreign market for tarred, bituminised or asphalted paper and paperboard exports from Thailand, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Cambodia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Cambodia (X% per year).

Export Prices by Country

The average asphalted paper export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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

Asphalted Paper Imports

Imports into Thailand

In 2022, purchases abroad of tarred, bituminised or asphalted paper and paperboard increased by X% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated a slight increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, asphalted paper imports soared to $X in 2022. Over the period under review, total imports indicated a slight 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), China (X tons) and the United States (X tons) were the main suppliers of asphalted paper imports to Thailand, together accounting for X% of total imports.

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

In value terms, Malaysia ($X) constituted the largest supplier of tarred, bituminised or asphalted paper and paperboard to Thailand, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

In 2022, the average asphalted paper import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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