Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand - 2024
Contents:
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand (CIF) - 2022
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand (FOB) - 2022
- Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand
- Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand (CIF) - 2022
The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $88,935 per ton in 2022, picking up by 42% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the average import price increased by 83% against the previous year. As a result, import price attained the peak level of $111,846 per ton. From 2020 to 2022, the average 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 Japan ($199,640 per ton), while the price for China stood at $79,645 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand (FOB) - 2022
The average export price for glycosides; rutoside (rutin) and its derivativeses stood at $40,526 per ton in 2022, rising by 2% against the previous year. Over the period under review, the export price recorded a measured increase. The most prominent rate of growth was recorded in 2013 an increase of 71% against the previous year. The export price peaked at $74,980 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +2.0% per year.
Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand
In 2022, overseas purchases of glycosides; rutoside (rutin) and its derivativeses decreased by -2.8% to 8.7 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 186% against the previous year.
In value terms, imports of glycosides; rutoside (rutin) and its derivativeses skyrocketed to $778K in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 83.6 | 277 | 352 | 642 | 97.3% |
| Japan | 168 | 208 | 209 | 134 | -7.3% |
| Others | N/A | N/A | 0.7 | 1.2 | 71.4% |
| Total | 252 | 485 | 562 | 778 | 45.6% |
Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Thailand in 2022:
- China (8.1 tons)
- Japan (0.7 tons)
Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand
In 2022, the amount of glycosides; rutoside (rutin) and its derivativeses exported from Thailand surged to 2.2 tons, picking up by 113% compared with 2021 figures. In general, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 147% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of glycosides; rutoside (rutin) and its derivativeses skyrocketed to $91K in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 282% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Glycosides; Rutoside (Rutin) and Its Derivatives in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 4.6 | 10.9 | 41.7 | 90.7 | 170.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.6 | 10.9 | 41.7 | 90.7 | 170.2% |
Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Thailand in 2022:
- Australia (2.2 tons)
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