Sulphates; of Aluminium Price in Thailand - 2023
Contents:
- Sulphates; of Aluminium Price in Thailand (FOB) - 2022
- Sulphates; of Aluminium Price in Thailand (CIF) - 2022
- Sulphates; of Aluminium Exports in Thailand
- Sulphates; of Aluminium Imports in Thailand
Sulphates; of Aluminium Price in Thailand (FOB) - 2022
The average sulphates; of aluminium export price stood at $228 per ton in 2022, with an increase of 3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 18%. As a result, the export price attained the peak level of $271 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($413 per ton), while the average price for exports to Cambodia ($199 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 Lao People's Democratic Republic (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Aluminium Price in Thailand (CIF) - 2022
The average sulphates; of aluminium import price stood at $877 per ton in 2022, surging by 92% against the previous year. Over the period under review, the import price, however, saw a pronounced shrinkage. The import price peaked at $1,525 per ton in 2013; however, from 2014 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 Japan ($1,712 per ton), while the price for Indonesia ($308 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Aluminium Exports in Thailand
In 2022, sulphates; of aluminium exports from Thailand shrank rapidly to 3.3K tons, with a decrease of -18.1% against 2021. The total export volume increased at an average annual rate of +2.9% 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 appeared the most rapid in 2021 when exports increased by 37%. As a result, the exports reached the peak of 4K tons, and then contracted sharply in the following year.
In value terms, sulphates; of aluminium exports dropped sharply to $750K in 2022. The total export value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. As a result, the exports reached the peak of $889K, and then contracted markedly in the following year.
| Export of Sulphates; of Aluminium in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | 304 | 445 | 350 | 7.3% |
| Cambodia | 554 | 253 | 232 | 302 | -18.3% |
| Vietnam | N/A | 41.2 | 172 | 49.4 | 9.5% |
| Lao People's Democratic Republic | 77.1 | 15.7 | 6.2 | 40.2 | -19.5% |
| Others | 23.1 | 1.3 | 33.2 | 8.3 | -28.9% |
| Total | 654 | 615 | 889 | 750 | 4.7% |
Top Export Markets for Sulphates; of Aluminium from Thailand in 2022:
- Cambodia (1516.5 tons)
- Myanmar (1470.3 tons)
- Vietnam (179.5 tons)
- Lao People's Democratic Republic (97.3 tons)
Sulphates; of Aluminium Imports in Thailand
In 2022, purchases abroad of sulphates; of aluminia decreased by -54.5% to 625 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a dramatic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports attained the peak of 1.7K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sulphates; of aluminium imports dropped to $548K in 2022. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. As a result, imports reached the peak of $829K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sulphates; of Aluminium in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 273 | 283 | 169 | 309 | 4.2% |
| Japan | 97.8 | 73.1 | 99.7 | 86.6 | -4.0% |
| Indonesia | 25.1 | 183 | 62.0 | 67.8 | 39.3% |
| China | 74.8 | 143 | 179 | 66.8 | -3.7% |
| Malaysia | 173 | 124 | 85.8 | N/A | -29.6% |
| Others | 20.5 | 21.6 | 34.0 | 18.1 | -4.1% |
| Total | 664 | 829 | 629 | 548 | -6.2% |
Top Suppliers of Sulphates; of Aluminium to Thailand in 2022:
- India (264.4 tons)
- Indonesia (220.0 tons)
- China (79.4 tons)
- Japan (50.6 tons)
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