Cerium Compounds Price in Thailand - 2023
Contents:
Cerium Compounds Price in Thailand (CIF) - 2022
The average cerium compounds import price stood at $11,619 per ton in 2022, rising by 6.2% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 an increase of 65%. The import price peaked at $53,575 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 France ($83,071 per ton), while the price for China ($8,576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.1%), while the prices for the other major suppliers experienced a decline.
Cerium Compounds Imports in Thailand
In 2022, cerium compounds imports into Thailand declined significantly to 42 tons, with a decrease of -16.9% compared with 2021 figures. Overall, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 157%. As a result, imports attained the peak of 50 tons, and then declined significantly in the following year.
In value terms, cerium compounds imports shrank to $487K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, imports reached the peak of $552K, and then fell in the following year.
Import of Cerium Compounds in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 123 | 148 | 285 | 249 | 26.5% |
Japan | 137 | 175 | 197 | 193 | 12.1% |
India | 2.2 | 3.8 | 1.7 | 15.2 | 90.5% |
Others | 58.9 | 80.8 | 69.0 | 30.4 | -19.8% |
Total | 321 | 407 | 552 | 487 | 14.9% |
Top Suppliers of Cerium Compounds to Thailand in 2022:
- China (29.0 tons)
- Japan (11.4 tons)
- India (0.8 tons)
This report provides an in-depth analysis of the market for compounds of rare-earth metals in Thailand.
This report provides an in-depth analysis of the global market for compounds of rare-earth metals.
This report provides an in-depth analysis of the market for compounds of rare-earth metals in Thailand.
This report provides an in-depth analysis of the global market for compounds of rare-earth metals.
Explore the top import markets for compounds of rare-earth metals, including key statistics and import values for each country. Discover the importance of these materials in global industries and technology advancements.
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