Thailand - Aluminium and Titanium - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Thailand - Aluminium and Titanium - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Aluminium and Titanium Price in Thailand - 2023

Contents:

  1. Aluminium and Titanium Price in Thailand (CIF) - 2022
  2. Aluminium and Titanium Price in Thailand (FOB) - 2022
  3. Aluminium and Titanium Imports in Thailand
  4. Aluminium and Titanium Exports in Thailand

Aluminium and Titanium Price in Thailand (CIF) - 2022

The average aluminium and titanium import price stood at $3,000 per ton in 2022, growing by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2021 an increase of 39%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($3,228 per ton) and Bahrain ($3,218 per ton), while the price for Oman ($2,811 per ton) and India ($2,853 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium and Titanium Price in Thailand (FOB) - 2022

The average aluminium and titanium export price stood at $1,942 per ton in 2022, shrinking by -7.2% against the previous year. Overall, the export price showed a slight setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 33% against the previous year. The export price peaked at $2,355 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($3,195 per ton), while the average price for exports to China ($1,424 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 Japan (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium and Titanium Imports in Thailand

In 2022, approx. 661K tons of aluminium and titanium were imported into Thailand; dropping by -13.3% compared with 2021 figures. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of 763K tons, and then declined in the following year.

In value terms, aluminium and titanium imports rose slightly to $2B in 2022. In general, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 82%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Aluminium and Titanium in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia22118840233414.8%
United Arab Emirates22417831532413.1%
India97.148.423129444.7%
Malaysia11711118621923.2%
Saudi Arabia11212912618518.2%
South Africa14273.2145140-0.5%
Qatar73.196.612212218.6%
Russia40.856.614411942.9%
Others2211912772473.8%
Total1,2491,0721,9481,98416.7%

Top Suppliers of Aluminium and Titanium to Thailand in 2022:

  1. Australia (111.2K tons)
  2. United Arab Emirates (104.1K tons)
  3. India (102.9K tons)
  4. Malaysia (72.8K tons)
  5. Saudi Arabia (62.9K tons)
  6. South Africa (47.1K tons)
  7. Qatar (39.6K tons)
  8. Russia (39.4K tons)

Aluminium and Titanium Exports in Thailand

Aluminium and titanium exports from Thailand rose markedly to 152K tons in 2022, surging by 5.4% on the year before. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 153% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, aluminium and titanium exports reduced to $296M in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 115% against the previous year.

Export of Aluminium and Titanium in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.097.4126148176.5%
Vietnam26.730.047.550.123.3%
Japan7.85.420.629.756.2%
Cambodia15.119.332.921.412.3%
India12.57.11.72.9-38.6%
BrazilN/AN/A19.9N/A0%
Others12.415.853.444.052.5%
Total81.617530229653.7%

Top Export Markets for Aluminium and Titanium from Thailand in 2022:

  1. China (103.6K tons)
  2. Vietnam (15.9K tons)
  3. Japan (9.6K tons)
  4. Cambodia (7.6K tons)
  5. India (1.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium and titanium market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Thailand

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Thailand
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
    Store
    Blog
    Event
    Thailand - Aluminium and Titanium - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2024
    Eye 85

    This report provides an in-depth analysis of the aluminium and titanium market in Thailand.

    Thailand - Aluminum and Alloys - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 2054

    This report provides an in-depth analysis of the aluminum market in Thailand.

    Thailand - Aluminum (Unwrought, Not Alloyed) - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 1843

    This report provides an in-depth analysis of the aluminium market in Thailand.

    Thailand - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 296

    This report provides an in-depth analysis of the unwrought aluminium alloys market in Thailand.

    World - Aluminium and Titanium - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2024
    Eye 110

    This report provides an in-depth analysis of the global aluminium and titanium market.

    World - Aluminum and Alloys - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 7083

    This report provides an in-depth analysis of the global aluminum market.

    World - Aluminum (Unwrought, Not Alloyed) - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 1483

    This report provides an in-depth analysis of the global aluminium market.

    World - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 1305

    This report provides an in-depth analysis of the global unwrought aluminium alloys market.

    Thailand - Aluminium and Titanium - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2024
    Eye 85

    This report provides an in-depth analysis of the aluminium and titanium market in Thailand.

    Thailand - Aluminum and Alloys - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 2054

    This report provides an in-depth analysis of the aluminum market in Thailand.

    Thai Aluminum Price Declines Slightly to $2,513/ton, Ending Four Months of Contraction
    Oct 6, 2023
    Eye 428

    As of July 2023, the price of Aluminum, CIF Thailand, remained stable at $2,513 per ton compared to the previous month.

    Best Import Markets for Aluminum
    Nov 13, 2023
    Eye 484

    Discover the top import markets for aluminum worldwide and their import values in 2022. Learn about the leading countries like the United States, Netherlands, Germany, Japan, China, and more. Find key statistics and insights on the global aluminum market.

    Aluminum Prices Spike Up 62% and Will Continue Rallying in 2022
    Dec 2, 2021
    Eye 1285

    Throughout this year, global aluminum prices continuously grew and in October 2021 gained 62% compared to October 2020. China's output has decreased due to restrictions on energy usage and halted production at a 300K-ton capacity factory in Yunnan province. As a consequence, the average yearly price in 2022 is projected to rise by 6% y-o-y. Despite rising prices, the U.S., the world´s largest aluminum importer, expanded its purchases by 4.5% against 2020.

    Aluminum Prices to Accelerate on Robust Demand from Construction and Alternative Energy
    Aug 2, 2021
    Eye 677

    Prices for aluminum this year will remain low thanks to the consistent growth in global production of the metal overcoming obstacles caused by the pandemic. In the mid-term, demand for aluminum in the construction sector and car manufacturing is forecast to steadily rise. The rapid development of alternative energy sources will also drive the market up because aluminum is used in the production of solar batteries, wind generators and other components of energy facilities. In China, the launch of quotas on greenhouse gas emissions could lead to higher prices for aluminum as production for the metal in the country leaves a heavy carbon footprint.

    Which Country Imports the Most Aluminum Articles in the World?
    Jul 26, 2018
    Eye 780

    In value terms, aluminum articles imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern in...

    Which Country Imports the Most Aluminum Table, Kitchen and Other Household Articles in the World?
    Jul 26, 2018
    Eye 613

    In value terms, aluminum table, kitchen and other household articles imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to...

    Which Country Imports the Most Aluminium Stranded Wire, Cables, Plaited Bands in the World?
    Jul 26, 2018
    Eye 684

    In value terms, aluminium stranded wire, cables, plaited bands imports stood at $X in 2016. Overall, aluminium stranded wire, cables, plaited bands imports continue to indicate a relatively flat tren...

    Which Country Imports the Most Aluminum Containers for Compressed and Liquefied Gas in the World?
    Jul 26, 2018
    Eye 945

    In value terms, aluminum containers for compressed and liquefied gas imports amounted to $X in 2016. Overall, it indicated a tangible increase from 2007 to 2016: the total imports value decreased a...

    Which Country Imports the Most Aluminium Casks, Drums, Cans, Boxes in the World?
    Jul 26, 2018
    Eye 1007

    In value terms, aluminium casks, drums, cans, boxes imports stood at $X in 2016. In general, aluminium casks, drums, cans, boxes imports continue to indicate a relatively flat trend pattern. Global...

    Which Country Imports the Most Aluminum Reservoirs, Tanks and Vats in the World?
    Jul 26, 2018
    Eye 946

    In value terms, aluminum reservoirs, tanks and vats imports stood at $X in 2016. Overall, aluminum reservoirs, tanks and vats imports continue to indicate a slight slump. Over the period under revi...

    Free Data: Aluminium and Titanium - Thailand