Ketone-Alcohols and Ketone-Aldehydes Price in Thailand - 2023
Contents:
- Ketone-Alcohols and Ketone-Aldehydes Price in Thailand (CIF) - 2023
- Ketone-Alcohols and Ketone-Aldehydes Price in Thailand (FOB) - 2022
- Ketone-Alcohols and Ketone-Aldehydes Imports in Thailand
- Ketone-Alcohols and Ketone-Aldehydes Exports in Thailand
Ketone-Alcohols and Ketone-Aldehydes Price in Thailand (CIF) - 2023
In September 2023, the average ketone-alcohols and ketone-aldehydes import price amounted to $2,008 per ton, rising by 40% against the previous month. Overall, the import price posted a temperate expansion. The pace of growth was the most pronounced in December 2022 when the average import price increased by 161% against the previous month. As a result, import price reached the peak level of $4,481 per ton. From January 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($6,413 per ton), while the price for Taiwan (Chinese) stood at $1,354 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Ketone-Alcohols and Ketone-Aldehydes Price in Thailand (FOB) - 2022
In 2022, the average ketone-alcohols and ketone-aldehydes export price amounted to $4,350 per ton, which is down by -65.7% against the previous year. In general, the export price, however, showed a remarkable increase. The growth pace was the most rapid in 2015 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices hit record highs at $12,672 per ton in 2021, and then shrank markedly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($10,245 per ton), while the average price for exports to India stood at $1,164 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+20.0%).
Ketone-Alcohols and Ketone-Aldehydes Imports in Thailand
After three years of growth, supplies from abroad of ketone-alcohols and ketone-aldehydeses decreased by -29.3% to 765 tons in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 84%.
In value terms, ketone-alcohols and ketone-aldehydes imports shrank sharply to $1.7M in 2022. Over the period under review, imports, however, saw a resilient increase. The growth pace was the most rapid in 2021 with an increase of 65%. As a result, imports reached the peak of $2.2M, and then dropped significantly in the following year.
| Import of Ketone-Alcohols and Ketone-Aldehydes in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 402 | 526 | 1,023 | 778 | 24.6% |
| China | 253 | 248 | 507 | 516 | 26.8% |
| South Korea | 156 | 182 | 232 | 159 | 0.6% |
| India | 126 | 149 | 153 | 85.6 | -12.1% |
| Brazil | 18.6 | 143 | 96.5 | 44.9 | 34.1% |
| Japan | 117 | 44.1 | 153 | 40.7 | -29.7% |
| Others | 32.2 | 41.6 | 42.5 | 34.7 | 2.5% |
| Total | 1,103 | 1,334 | 2,207 | 1,659 | 14.6% |
Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to Thailand in 2022:
- Taiwan (Chinese) (474.3 tons)
- China (150.7 tons)
- India (46.8 tons)
- South Korea (44.0 tons)
- Brazil (30.3 tons)
- Japan (15.8 tons)
Ketone-Alcohols and Ketone-Aldehydes Exports in Thailand
For the third consecutive year, Thailand recorded growth in shipments abroad of ketone-alcohols and ketone-aldehydeses, which increased by 86% to 11 tons in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 160% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, ketone-alcohols and ketone-aldehydes exports contracted notably to $48K in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 225% against the previous year. As a result, the exports reached the peak of $76K, and then reduced sharply in the following year.
| Export of Ketone-Alcohols and Ketone-Aldehydes in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Vietnam | 23.4 | 59.8 | 40.0 | 30.7% | |
| India | N/A | N/A | 8.4 | 0% | |
| Others | N/A | 16.0 | N/A | 0% | |
| Total | 23.4 | 75.9 | 48.4 | 43.8% | |
Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from Thailand in 2022:
- India (7.2 tons)
- Vietnam (3.9 tons)
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