Thailand - Derivatives of Hydrocarbons other than Containing Only Sulpho-, Nitro-, or Nitroso Groups - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Derivatives of Hydrocarbons other than Containing Only Sulpho-, Nitro-, or Nitroso Groups - Market Analysis, Forecast, Size, Trends And Insights

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Derivatives of Hydrocarbons Price in Thailand - 2023

Contents:

  1. Derivatives of Hydrocarbons Price in Thailand (CIF) - 2022
  2. Derivatives of Hydrocarbons Price in Thailand (FOB) - 2022
  3. Derivatives of Hydrocarbons Imports in Thailand
  4. Derivatives of Hydrocarbons Exports in Thailand

Derivatives of Hydrocarbons Price in Thailand (CIF) - 2022

In 2022, the average derivatives of hydrocarbons import price amounted to $4,085 per ton, with an increase of 47% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, derivatives of hydrocarbons import price increased by +88.1% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($9,458 per ton), while the price for Taiwan (Chinese) ($952 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Derivatives of Hydrocarbons Price in Thailand (FOB) - 2022

In 2022, the average derivatives of hydrocarbons export price amounted to $1,000 per ton, dropping by -89.8% against the previous year. In general, the export price faced a deep setback. The pace of growth was the most pronounced in 2021 an increase of 906%. As a result, the export price reached the peak level of $9,829 per ton, and then reduced notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +25.0% per year.

Derivatives of Hydrocarbons Imports in Thailand

In 2022, purchases abroad of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups decreased by -29.1% to 939 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 3.3%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, derivatives of hydrocarbons imports expanded modestly to $3.8M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 10% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Derivatives of Hydrocarbons in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8791,1761,8002,80947.3%
India1,8721,8151,249747-26.4%
Japan13271.71681483.9%
Taiwan (Chinese)254433336105-25.5%
Others85.861.513029.5-29.9%
Total3,2233,5583,6833,8386.0%

Top Suppliers of Derivatives of Hydrocarbons to Thailand in 2022:

  1. India (430.9 tons)
  2. China (375.4 tons)
  3. Taiwan (Chinese) (110.2 tons)
  4. Japan (15.7 tons)

Derivatives of Hydrocarbons Exports in Thailand

In 2022, overseas shipments of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups decreased by -99.9% to 1 kg, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 396%. As a result, the exports attained the peak of 57 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, derivatives of hydrocarbons exports declined markedly to $1 in 2022. Overall, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 145%. As a result, the exports reached the peak of $55K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Derivatives of Hydrocarbons in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR4.4N/AN/AN/A0%
JapanN/AN/AN/AN/A0%
China7.5N/AN/AN/A0%
CambodiaN/A2.7N/AN/A0%
Myanmar1.90.3N/AN/A-84.2%
Taiwan (Chinese)N/A52.2N/AN/A0%
Pakistan8.5N/AN/AN/A0%
Others0.20.110.8N/A634.8%
Total22.655.310.8N/A-30.9%

Top Export Markets for Derivatives of Hydrocarbons from Thailand in 2022:

  1. Japan (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the derivatives of hydrocarbons 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:

  • Prodcom 20141490 - Derivatives of hydrocarbons (excluding those containing only sulpho groups, their salts and ethyl esters, those containing only nitro or only nitroso groups)

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
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