Thailand - Dextrins And Other Modified Starches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingModified Starches Price in Thailand - 2023
Contents:
- Modified Starches Price in Thailand (FOB) - 2023
- Modified Starches Price in Thailand (CIF) - 2023
- Modified Starches Exports in Thailand
- Modified Starches Imports in Thailand
Modified Starches Price in Thailand (FOB) - 2023
The average modified starches export price stood at $934 per ton in July 2023, growing by 5.2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in August 2022 when the average export price increased by 8.2% against the previous month. The export price peaked at $938 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the highest price was recorded for prices to the United States ($1,154 per ton) and Australia ($1,142 per ton), while the average price for exports to Japan ($852 per ton) and Vietnam ($859 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Modified Starches Price in Thailand (CIF) - 2023
The average modified starches import price stood at $1,913 per ton in July 2023, picking up by 18% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 82% m-o-m. As a result, import price reached the peak level of $2,923 per ton. From November 2022 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Austria ($4,677 per ton), while the price for Vietnam ($794 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Modified Starches Exports in Thailand
In 2022, shipments abroad of dextrins and other modified starches decreased by -3.7% to 1.1M tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 28% against the previous year.
In value terms, modified starches exports rose significantly to $946M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Modified Starches in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 222 | 203 | 225 | 249 | 3.9% |
| China | 179 | 181 | 213 | 217 | 6.6% |
| Indonesia | 61.2 | 66.8 | 71.8 | 79.7 | 9.2% |
| South Korea | 52.5 | 58.2 | 64.4 | 76.7 | 13.5% |
| United States | 40.5 | 40.8 | 42.6 | 58.4 | 13.0% |
| India | 23.7 | 21.8 | 30.6 | 30.8 | 9.1% |
| Vietnam | 22.0 | 25.7 | 26.5 | 29.2 | 9.9% |
| Taiwan (Chinese) | 22.4 | 23.0 | 26.3 | 26.2 | 5.4% |
| Malaysia | 20.2 | 19.4 | 21.2 | 23.3 | 4.9% |
| Australia | 13.0 | 14.8 | 17.9 | 21.5 | 18.3% |
| Philippines | 12.7 | 10.3 | 13.3 | 20.3 | 16.9% |
| South Africa | 9.8 | 10.2 | 9.1 | 14.7 | 14.5% |
| Others | 90.3 | 75.5 | 78.9 | 99.4 | 3.3% |
| Total | 770 | 750 | 840 | 946 | 7.1% |
Top Export Markets for Modified Starches from Thailand in 2022:
- Japan (323.7K tons)
- China (267.4K tons)
- Indonesia (102.9K tons)
- South Korea (96.9K tons)
- United States (53.8K tons)
- Vietnam (37.2K tons)
- India (34.7K tons)
- Taiwan (Chinese) (31.7K tons)
- Malaysia (27.2K tons)
- Philippines (22.4K tons)
- Australia (21.1K tons)
- South Africa (18.8K tons)
Modified Starches Imports in Thailand
In 2022, modified starches imports into Thailand amounted to 14K tons, growing by 2.5% against the previous year. In general, imports, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year.
In value terms, modified starches imports soared to $28M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Modified Starches in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.4 | 5.8 | 6.4 | 7.7 | -2.9% |
| China | 1.7 | 2.0 | 2.1 | 4.1 | 34.1% |
| Netherlands | 2.8 | 3.1 | 2.9 | 3.5 | 7.7% |
| France | 1.6 | 1.8 | 1.2 | 2.8 | 20.5% |
| Germany | 2.3 | 1.1 | 1.3 | 1.8 | -7.8% |
| Austria | 1.3 | 1.3 | 1.9 | 1.6 | 7.2% |
| Indonesia | 0.4 | 0.7 | 1.3 | 1.5 | 55.4% |
| Italy | 0.2 | 0.3 | 0.4 | 0.6 | 44.2% |
| New Zealand | N/A | 0.1 | 0.6 | 0.6 | 144.9% |
| Australia | 1.7 | 0.6 | 0.1 | 0.1 | -61.1% |
| Others | 1.6 | 2.3 | 3.9 | 3.8 | 33.4% |
| Total | 22.0 | 19.1 | 22.1 | 28.0 | 8.4% |
Top Suppliers of Modified Starches to Thailand in 2022:
- China (3.1K tons)
- United States (2.6K tons)
- Netherlands (2.3K tons)
- France (1.1K tons)
- Germany (1.0K tons)
- Indonesia (0.8K tons)
- Italy (0.5K tons)
- Austria (0.4K tons)
- New Zealand (0.4K tons)
- Australia (0.1K tons)
This report provides an in-depth analysis of the modified starches 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 10621170 - Dextrins and other modified starches (including esterified or etherified, soluble starch, pregelatinised or swelling starch, d ialdehyde starch, starch treated with formaldehyde or epichlorohydrin)
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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Modified Starches exports reached a peak of 1.2M tons in 2021, but experienced a slight decline in the following years. In terms of value, exports dropped to $934M in 2023.
157
In May 2023, the export growth of Modified Starches reached its peak with a remarkable increase of 29% compared to the previous month. In terms of value, the exports of Modified Starches amounted to $91M in November 2023.
218
In May 2023, the growth rate of Modified Starches was at its highest, increasing by 29% compared to the previous month. However, in September 2023, the value of modified starches exports slightly decreased to $78M.
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The global modified starches market revenue amounted to $15.9B in 2017, reducing by -3.6% against the previous year. This ...
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In value terms, dextrins and other modified starches imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
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In value terms, dextrins and other modified starches exports amounted to $X in 2016. Overall, dextrins and other modified starches exports continue to indicate a relatively flat trend pattern. Glob...
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In value terms, prepared glues imports totaled $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the la...
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Modified Starches exports reached a peak of 1.2M tons in 2021, but experienced a slight decline in the following years. In terms of value, exports dropped to $934M in 2023.
157
In May 2023, the export growth of Modified Starches reached its peak with a remarkable increase of 29% compared to the previous month. In terms of value, the exports of Modified Starches amounted to $91M in November 2023.
