Alkali Metals; Sodium Price in Thailand - 2023
Contents:
- Alkali Metals; Sodium Price in Thailand (CIF) - 2022
- Alkali Metals; Sodium Price in Thailand (FOB) - 2022
- Alkali Metals; Sodium Imports in Thailand
- Alkali Metals; Sodium Exports in Thailand
Alkali Metals; Sodium Price in Thailand (CIF) - 2022
The average alkali metals; sodium import price stood at $6,229 per ton in 2022, which is down by -3.5% against the previous year. In general, the import price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 167% against the previous year. The import price peaked at $6,456 per ton in 2021, and then fell modestly in the following year.
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 ($10,650 per ton), while the price for Taiwan (Chinese) ($1,545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Alkali Metals; Sodium Price in Thailand (FOB) - 2022
In 2022, the average alkali metals; sodium export price amounted to $3,438 per ton, growing by 8.8% against the previous year. Overall, the export price, however, saw a pronounced setback. The pace of growth was the most pronounced in 2019 an increase of 93% against the previous year. As a result, the export price attained the peak level of $5,213 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($7,597 per ton), while the average price for exports to Myanmar ($1,464 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 Philippines (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.
Alkali Metals; Sodium Imports in Thailand
Alkali metals; sodium imports into Thailand soared to 199 tons in 2022, picking up by 60% on the previous year's figure. In general, imports, however, faced a deep reduction. The growth pace was the most rapid in 2021 with an increase of 116% against the previous year.
In value terms, alkali metals; sodium imports skyrocketed to $1.2M in 2022. Over the period under review, imports showed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 189% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Alkali Metals; Sodium in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 595 | 234 | 692 | 1,212 | 26.8% |
| Taiwan (Chinese) | 3.9 | 12.4 | 3.3 | 13.1 | 49.8% |
| China | 216 | N/A | 4.2 | N/A | -86.1% |
| Canada | 31.7 | N/A | N/A | N/A | 0% |
| Others | 37.3 | 30.5 | 100 | 11.7 | -32.1% |
| Total | 884 | 277 | 800 | 1,237 | 11.9% |
Top Suppliers of Alkali Metals; Sodium to Thailand in 2022:
- China (undefined tons)
- France (189.8 tons)
- Taiwan (Chinese) (8.5 tons)
Alkali Metals; Sodium Exports in Thailand
For the fourth year in a row, Thailand recorded growth in shipments abroad of alkali metals; sodia, which increased by 61% to 21 tons in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 99% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, alkali metals; sodium exports soared to $73K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Alkali Metals; Sodium in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 23.3 | 17.2 | 19.4 | 62.0 | 38.6% |
| Philippines | N/A | 2.5 | 4.7 | 3.7 | 21.7% |
| France | 5.3 | 4.5 | 12.2 | 3.2 | -15.5% |
| Myanmar | 0.7 | 1.1 | 0.8 | 0.1 | -47.7% |
| Others | 0.1 | 1.4 | 4.8 | 4.1 | 244.8% |
| Total | 29.4 | 26.7 | 41.8 | 73.1 | 35.5% |
Top Export Markets for Alkali Metals; Sodium from Thailand in 2022:
- Cambodia (19.5 tons)
- France (0.7 tons)
- Philippines (0.5 tons)
- Myanmar (0.1 tons)
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