Thailand - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Diethylene Glycol and Digol in Thailand - 2023
Contents:
- Price for Diethylene Glycol and Digol in Thailand (FOB) - 2023
- Price for Diethylene Glycol and Digol in Thailand (CIF) - 2022
- Exports of Diethylene Glycol and Digol in Thailand
- Imports of Diethylene Glycol and Digol in Thailand
Price for Diethylene Glycol and Digol in Thailand (FOB) - 2023
The average diethylene glycol and digol export price stood at $744 per ton in September 2023, surging by 7.3% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 19% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,561 per ton in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In September 2023, the countries with the highest prices were Japan ($881 per ton) and the Philippines ($805 per ton), while the average price for exports to India ($677 per ton) and Indonesia ($694 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Diethylene Glycol and Digol in Thailand (CIF) - 2022
The average diethylene glycol and digol import price stood at $1,804 per ton in 2022, which is down by -52.7% against the previous year. Overall, the import price, however, posted a tangible expansion. The growth pace was the most rapid in 2019 an increase of 128%. Over the period under review, average import prices attained the maximum at $3,812 per ton in 2021, and then declined markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($10,401 per ton), while the price for Malaysia ($893 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.5%), while the prices for the other major suppliers experienced a decline.
Exports of Diethylene Glycol and Digol in Thailand
In 2022, overseas shipments of 2,2-oxydiethanol (diethylene glycol, digol) decreased by -31.8% to 21K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 16%. As a result, the exports attained the peak of 34K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, diethylene glycol and digol exports contracted remarkably to $18M in 2022. Over the period under review, exports recorded a mild decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 53% against the previous year. As a result, the exports reached the peak of $26M, and then declined markedly in the following year.
| Export of Diethylene Glycol and Digol in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.1 | 0.6 | 1.8 | 8.9 | 100.8% |
| Philippines | 1.7 | 2.0 | 3.0 | 2.3 | 10.6% |
| Vietnam | 0.8 | 1.5 | 2.1 | 2.2 | 40.1% |
| Indonesia | 0.8 | 0.9 | 2.8 | 2.0 | 35.7% |
| Bangladesh | 0.1 | 0.5 | 0.7 | 0.6 | 81.7% |
| Malaysia | 1.1 | 1.1 | 0.8 | 0.4 | -28.6% |
| Brazil | 1.4 | 0.9 | 0.7 | 0.3 | -40.2% |
| India | 2.0 | 0.2 | N/A | 0.3 | -46.9% |
| China | 1.5 | 3.3 | 3.5 | 0.2 | -48.9% |
| South Korea | 3.1 | 2.3 | 3.8 | 0.2 | -59.9% |
| Pakistan | 1.1 | 1.7 | 1.8 | 0.1 | -55.0% |
| Egypt | 0.7 | 0.3 | 0.1 | N/A | -62.2% |
| Others | 3.5 | 1.8 | 5.2 | 1.0 | -34.1% |
| Total | 18.8 | 17.1 | 26.2 | 18.3 | -0.9% |
Top Export Markets for Diethylene Glycol and Digol from Thailand in 2022:
- Japan (10.2K tons)
- Philippines (2.5K tons)
- Vietnam (2.5K tons)
- Indonesia (2.4K tons)
- Bangladesh (0.7K tons)
- Malaysia (0.5K tons)
- Brazil (0.3K tons)
- India (0.3K tons)
- China (0.2K tons)
- South Korea (0.2K tons)
- Pakistan (0.1K tons)
Imports of Diethylene Glycol and Digol in Thailand
Diethylene glycol and digol imports into Thailand surged to 132 tons in 2022, rising by 376% on the previous year's figure. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,318% against the previous year. As a result, imports attained the peak of 134 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, diethylene glycol and digol imports surged to $239K in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 636%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Diethylene Glycol and Digol in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 142 | 0.7 | 146 | 273.6% |
| France | 15.8 | 40.7 | 73.5 | 57.4 | 53.7% |
| Malaysia | 0.1 | 25.7 | N/A | 17.6 | 460.4% |
| Japan | 8.8 | 11.4 | 17.8 | 13.4 | 15.0% |
| South Korea | 2.9 | 3.4 | 1.9 | 2.8 | -1.2% |
| United Arab Emirates | N/A | 1.6 | 10.7 | N/A | 568.7% |
| Others | 0.2 | 1.0 | 1.3 | 1.5 | 95.7% |
| Total | 30.6 | 225 | 106 | 239 | 98.4% |
Top Suppliers of Diethylene Glycol and Digol to Thailand in 2022:
- China (98.1 tons)
- Malaysia (19.7 tons)
- Japan (7.5 tons)
- France (5.5 tons)
- South Korea (1.2 tons)
This report provides an in-depth analysis of the market for diethylene glycol and digol 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 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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