Thailand - Animal Or Vegetable Fats And Oils Chemically Modified - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingChemically Modified Oils Price in Thailand - 2023
Contents:
- Chemically Modified Oils Price in Thailand (FOB) - 2022
- Chemically Modified Oils Price in Thailand (CIF) - 2023
- Chemically Modified Oils Exports in Thailand
- Chemically Modified Oils Imports in Thailand
Chemically Modified Oils Price in Thailand (FOB) - 2022
In 2022, the average chemically modified oils export price amounted to $1,277 per ton, surging by 24% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chemically modified oils export price increased by +92.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 41%. Over the period under review, the average export prices reached the peak figure at $1,387 per ton in 2017; however, from 2018 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 Myanmar ($1,539 per ton), while the average price for exports to the Netherlands ($922 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 the Netherlands (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Chemically Modified Oils Price in Thailand (CIF) - 2023
The average chemically modified oils import price stood at $1,812 per ton in September 2023, approximately equating the previous month. Over the period under review, the import price saw a slight contraction. The most prominent rate of growth was recorded in May 2023 an increase of 68% m-o-m. As a result, import price attained the peak level of $2,925 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,218 per ton), while the price for China ($1,410 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+5.5%), while the prices for the other major suppliers experienced a decline.
Chemically Modified Oils Exports in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of animal or vegetable fats and oils chemically modified, which increased by 23% to 79K tons in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 59% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, chemically modified oils exports soared to $100M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 123%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Chemically Modified Oils in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 5.2 | 12.8 | 52.6 | 78.3 | 146.9% |
Myanmar | N/A | 1.1 | 2.3 | 15.3 | 272.9% |
Netherlands | 9.5 | 10.8 | 0.7 | 3.6 | -27.6% |
Vietnam | 1.1 | 1.1 | 3.2 | 1.0 | -3.1% |
Others | 3.5 | 3.6 | 6.8 | 2.1 | -15.7% |
Total | 19.3 | 29.4 | 65.6 | 100 | 73.0% |
Top Export Markets for Chemically Modified Oils from Thailand in 2022:
- Malaysia (63.0K tons)
- Myanmar (9.9K tons)
- Netherlands (3.9K tons)
- Vietnam (0.6K tons)
Chemically Modified Oils Imports in Thailand
For the third consecutive year, Thailand recorded decline in supplies from abroad of animal or vegetable fats and oils chemically modified, which decreased by -4.4% to 9.5K tons in 2022. In general, imports recorded a deep setback. The smallest decline of -0.8% was in 2021.
In value terms, chemically modified oils imports expanded markedly to $20M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.8% 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 +76.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Chemically Modified Oils in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.0 | 7.4 | 10.7 | 11.9 | 25.6% |
Taiwan (Chinese) | 1.3 | 1.5 | 2.5 | 2.5 | 24.4% |
Malaysia | 0.8 | 0.5 | 0.8 | 1.0 | 7.7% |
Japan | 0.4 | 0.4 | 0.5 | 0.8 | 26.0% |
India | 0.6 | 0.8 | 0.7 | 0.8 | 10.1% |
Vietnam | N/A | N/A | N/A | 0.8 | 0% |
Germany | 0.7 | 0.7 | 1.2 | 0.8 | 4.6% |
Belgium | 0.2 | 0.2 | 0.3 | 0.6 | 44.2% |
South Korea | 0.6 | 0.7 | 0.9 | 0.5 | -5.9% |
Others | 0.5 | 0.6 | 0.2 | 0.1 | -41.5% |
Total | 11.2 | 12.7 | 17.8 | 19.7 | 20.7% |
Top Suppliers of Chemically Modified Oils to Thailand in 2022:
- China (6284.8 tons)
- Taiwan (Chinese) (1143.0 tons)
- Vietnam (508.1 tons)
- Malaysia (405.3 tons)
- Japan (304.0 tons)
- Germany (231.2 tons)
- India (230.2 tons)
- Belgium (220.1 tons)
- South Korea (189.6 tons)
This report provides an in-depth analysis of the chemically modified oils 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 20592000 - Animal or vegetable fats and oils chemically modified
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the chemically modified oils market in Thailand.
This report provides an in-depth analysis of the global chemically modified oils market.
This report provides an in-depth analysis of the chemically modified oils market in Thailand.
This report provides an in-depth analysis of the global chemically modified oils market.
Nothing found. Please try again.