Price for Sugars; Fructose, Chemically Pure, in Solid Form in Thailand - 2024
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Thailand (CIF) - 2022
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Thailand (FOB) - 2022
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Thailand
- Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Thailand
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Thailand (CIF) - 2022
In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,291 per ton, rising by 32% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,680 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 China ($1,875 per ton), while the price for Turkey ($1,097 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the prices for the other major suppliers experienced a decline.
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Thailand (FOB) - 2022
The average export price for sugars; fructose, chemically pure, in solid form stood at $3,862 per ton in 2022, dropping by -9.6% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 519% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,781 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($83,000 per ton), while the average price for exports to Myanmar stood at $4,625 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+372.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Thailand
In 2022, imports of sugars; fructose, chemically pure, in solid form into Thailand fell to 1.7K tons, which is down by -3.7% on the year before. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of 1.7K tons, and then fell in the following year.
In value terms, imports of sugars; fructose, chemically pure, in solid form soared to $2.1M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 431 | 494 | 454 | 966 | 30.9% |
| Finland | 616 | 561 | 671 | 390 | -14.1% |
| China | 206 | 58.5 | N/A | 347 | 19.0% |
| Israel | N/A | 0.2 | 341 | 333 | 3980.4% |
| United States | 336 | 246 | 219 | 101 | -33.0% |
| Others | 1.1 | 0.8 | 3.1 | 5.1 | 66.7% |
| Total | 1,590 | 1,360 | 1,688 | 2,142 | 10.4% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Thailand in 2022:
- Turkey (880.5 tons)
- Finland (279.9 tons)
- Israel (239.9 tons)
- China (184.9 tons)
- United States (70.0 tons)
Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Thailand
For the third year in a row, Thailand recorded decline in shipments abroad of sugars; fructose, chemically pure, in solid form, which decreased by -45.8% to 13 kg in 2022. In general, exports saw a dramatic decline. The smallest decline of -1.4% was in 2020.
In value terms, exports of sugars; fructose, chemically pure, in solid form skyrocketed to $452 in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 502%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Sugars; Fructose, Chemically Pure, in Solid Form in Thailand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | 78.0 | N/A | 415 | 130.7% |
| Myanmar | 55.0 | N/A | 101 | 37.0 | -12.4% |
| Vietnam | N/A | 252 | N/A | N/A | 0% |
| Others | N/A | 1.0 | N/A | N/A | 0% |
| Total | 55.0 | 331 | 101 | 452 | 101.8% |
Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Thailand in 2022:
- Myanmar (8.0 kg)
- Hong Kong SAR (5.0 kg)
583
This report provides an in-depth analysis of the fructose market in Thailand.
370
This report provides an in-depth analysis of the maltodextrine market in Thailand.
553
This report provides an in-depth analysis of the caramel market in Thailand.
810
This report provides an in-depth analysis of the glucose market in Thailand.
456
This report provides an in-depth analysis of the lactose market in Thailand.
220
This report provides an in-depth analysis of the caramel market in Thailand.
356
This report provides an in-depth analysis of the market for flavoured refined cane sugar in Thailand.
1969
This report provides an in-depth analysis of the global fructose market.
696
This report provides an in-depth analysis of the global maltodextrine market.
1650
This report provides an in-depth analysis of the global caramel market.
168
In January 2023, the growth of Fructose was exceptionally rapid, with a staggering increase of 74% compared to the previous month. The value of fructose exports reached $89M in September 2023.
124
From June 2023 to January 2024, the export growth of Maltodextrine remained low, but in January 2024, there was a notable expansion with exports reaching $50M in value.
223
In July 2023, the price of Maltodextrine stood at $502 per ton (FOB, Thailand), showing no significant variation compared to the previous month.
170
Imports of lactose reached a peak and are expected to continue growing in the near future. The value of lactose imports surged to $3.5M in November 2023.
104
Caramel exports reached their peak in 2023 and are projected to continue growing steadily. The value of caramel exports surged to $865M in the same year.
107
Discover the top import markets for fructose around the globe and learn about the key countries driving the demand for this natural sweetener. Find out the latest import values and trends in the industry.
548
Global imports of fructose and fructose syrup rose by +8.6% y-o-y to 4M tons in 2020. China has extraordinarily increased fructose purchases sixfold, driving out the leading importer, Mexico, from the first to the second place in the global import ranking. Thailand, Vietnam and Myanmar remain the key suppliers of fructose to China. Outside these countries, Indonesia saw the highest growth rate in terms of supplies to China.
90
Explore the top import markets for maltodextrine in 2023, including China, Germany, Netherlands, and others. Learn about key statistics and trends driving the global trade of this versatile ingredient.
709
The global caramel market revenue amounted to $3.8B in 2018, picking up by 12% against the previous year. This figure refl...
308
Explore the top import markets for glucose worldwide, including Germany, United States, Mexico, Netherlands, and United Kingdom. Discover key statistics and market insights provided by the IndexBox market intelligence platform.
