Thailand - Iron Or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpanded Metal Price in Thailand - 2023
Contents:
- Expanded Metal Price in Thailand (CIF) - 2023
- Expanded Metal Price in Thailand (FOB) - 2022
- Expanded Metal Imports in Thailand
- Expanded Metal Exports in Thailand
Expanded Metal Price in Thailand (CIF) - 2023
In September 2023, the average expanded metal import price amounted to $1,406 per ton, standing approximately at the previous month. Over the period under review, the import price recorded a noticeable reduction. The growth pace was the most rapid in December 2022 when the average import price increased by 1,437% m-o-m. As a result, import price reached the peak level of $24,877 per ton. From January 2023 to September 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -3.5% per month.
Expanded Metal Price in Thailand (FOB) - 2022
In 2022, the average expanded metal export price amounted to $5,147 per ton, with an increase of 11% against the previous year. In general, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2016 an increase of 161% against the previous year. Over the period under review, the average export prices hit record highs at $5,357 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($6,498 per ton), while the average price for exports to Myanmar ($1,988 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 Cambodia (+39.7%), while the prices for the other major destinations experienced more modest paces of growth.
Expanded Metal Imports in Thailand
In 2022, the amount of iron or steel expanded metal imported into Thailand expanded markedly to 1.8K tons, with an increase of 11% compared with the previous year's figure. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 78% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, expanded metal imports rose notably to $2.1M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 50%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
Import of Expanded Metal in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.9 | 1.4 | 1.8 | 2.0 | 30.5% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 1.0 | 1.5 | 1.9 | 2.1 | 28.1% |
Top Suppliers of Expanded Metal to Thailand in 2022:
- China (1749.3 tons)
Expanded Metal Exports in Thailand
Expanded metal exports from Thailand soared to 18 tons in 2022, with an increase of 23% on the previous year. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 539%. As a result, the exports reached the peak of 24 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, expanded metal exports skyrocketed to $94K in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 563% against the previous year. As a result, the exports reached the peak of $128K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Expanded Metal in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lao People's Democratic Republic | 5.5 | 71.7 | 63.6 | 79.5 | 143.6% |
Vietnam | N/A | 23.4 | 3.2 | 7.6 | -43.0% |
Myanmar | 13.3 | 8.0 | N/A | 5.0 | -27.8% |
Japan | N/A | 24.9 | N/A | N/A | 0% |
Others | 0.5 | N/A | 1.5 | 1.5 | 44.2% |
Total | 19.3 | 128 | 68.4 | 93.6 | 69.3% |
Top Export Markets for Expanded Metal from Thailand in 2022:
- Lao People's Democratic Republic (12.2 tons)
- Vietnam (3.3 tons)
- Myanmar (2.5 tons)
This report provides an in-depth analysis of the expanded metal 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 25931350 - Iron or steel expanded metal
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
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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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