Thailand - Non-Alloy Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Alloy Aluminium Bar Price in Thailand - 2023
Contents:
- Non-Alloy Aluminium Bar Price in Thailand (CIF) - 2023
- Non-Alloy Aluminium Bar Price in Thailand (FOB) - 2022
- Non-Alloy Aluminium Bar Imports in Thailand
- Non-Alloy Aluminium Bar Exports in Thailand
Non-Alloy Aluminium Bar Price in Thailand (CIF) - 2023
In September 2023, the average non-alloy aluminium bar import price amounted to $3,374 per ton, falling by -5.1% against the previous month. Over the period under review, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in June 2023 an increase of 31% against the previous month. As a result, import price reached the peak level of $4,394 per ton. From July 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($5,247 per ton), while the price for the United Arab Emirates ($2,542 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Alloy Aluminium Bar Price in Thailand (FOB) - 2022
The average non-alloy aluminium bar export price stood at $5,795 per ton in 2022, growing by 19% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the maximum at $5,965 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($19,150 per ton), while the average price for exports to Taiwan (Chinese) ($925 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 United States (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Alloy Aluminium Bar Imports in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas purchases of non-alloy aluminium bars, rods and profiles, which increased by 6.6% to 9K tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, non-alloy aluminium bar imports skyrocketed to $40M in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Non-Alloy Aluminium Bar in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.2 | 6.5 | 9.8 | 14.2 | 50.1% |
Malaysia | 3.0 | 5.2 | 7.3 | 10.7 | 52.8% |
United States | 2.9 | 1.4 | 3.2 | 5.5 | 23.8% |
South Korea | 2.8 | 1.6 | 4.7 | 4.9 | 20.5% |
Taiwan (Chinese) | 1.1 | 0.7 | 1.2 | 2.5 | 31.5% |
Japan | 0.7 | 0.7 | 0.7 | 1.3 | 22.9% |
Qatar | N/A | 0.3 | 2.1 | N/A | 600.0% |
Others | 0.6 | 0.4 | 0.5 | 0.8 | 10.1% |
Total | 15.4 | 16.7 | 29.5 | 39.9 | 37.3% |
Top Suppliers of Non-Alloy Aluminium Bar to Thailand in 2022:
- Malaysia (3.4K tons)
- China (3.1K tons)
- United States (0.9K tons)
- South Korea (0.9K tons)
- Taiwan (Chinese) (0.5K tons)
- Japan (0.2K tons)
Non-Alloy Aluminium Bar Exports in Thailand
In 2022, non-alloy aluminium bar exports from Thailand shrank notably to 1.1K tons, which is down by -42.6% compared with the previous year. Over the period under review, exports recorded a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 179%. As a result, the exports attained the peak of 1.9K tons, and then contracted significantly in the following year.
In value terms, non-alloy aluminium bar exports shrank sharply to $6.3M in 2022. In general, exports, however, showed a pronounced expansion. The pace of growth was the most pronounced in 2021 with an increase of 204%. As a result, the exports reached the peak of $9.2M, and then fell sharply in the following year.
Export of Non-Alloy Aluminium Bar in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | N/A | 925 | 4,672 | 2,438 | 62.3% |
Hong Kong SAR | 313 | 284 | 554 | 1,140 | 53.9% |
Lao People's Democratic Republic | 430 | 363 | 445 | 662 | 15.5% |
United States | 144 | 229 | 117 | 561 | 57.4% |
Philippines | 360 | 146 | 1,987 | 397 | 3.3% |
Vietnam | 3,404 | 158 | 250 | 344 | -53.4% |
Taiwan (Chinese) | 88.1 | 4.1 | 25.2 | 26.2 | -33.3% |
South Africa | 301 | 208 | 335 | 7.1 | -71.3% |
Others | 660 | 727 | 856 | 751 | 4.4% |
Total | 5,701 | 3,044 | 9,243 | 6,326 | 3.5% |
Top Export Markets for Non-Alloy Aluminium Bar from Thailand in 2022:
- Poland (526.9 tons)
- Lao People's Democratic Republic (194.2 tons)
- Philippines (134.9 tons)
- Hong Kong SAR (59.5 tons)
- Vietnam (34.3 tons)
- United States (32.3 tons)
- Taiwan (Chinese) (28.3 tons)
- South Africa (1.4 tons)
This report provides an in-depth analysis of the non-alloy aluminium bar 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 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
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
This report provides an in-depth analysis of the non-alloy aluminium bar market in Thailand.
This report provides an in-depth analysis of the aluminium bar market in Thailand.
This report provides an in-depth analysis of the global non-alloy aluminium bar market.
This report provides an in-depth analysis of the global aluminium bar market.
This report provides an in-depth analysis of the aluminium alloy bar market in Thailand.
This report provides an in-depth analysis of the non-alloy aluminium bar market in Thailand.
This report provides an in-depth analysis of the aluminium bar market in Thailand.
Global Aluminium Alloy Bar Market Report 2018. This report provides an in-depth analysis of the global aluminium alloy bar market.
This report provides an in-depth analysis of the global non-alloy aluminium bar market.
This report provides an in-depth analysis of the global aluminium bar market.
In April 2023, the aluminium bar price amounted to $3,238 per ton (CIF, Thailand), falling by -2.9% against the previous month.
Global demand for aluminium bars, rods, and profiles is on the rise, with the market expected to see continued growth in consumption over the next seven years. By 2030, the market volume is projected to reach 30 million tons, valued at $149.2 billion. The article analyzes the market performance, consumption trends, production rates, import and export volumes, and key players in the industry.
Explore the top import markets for aluminium bar with key statistics and data from the IndexBox market intelligence platform. Discover the countries leading the way and driving the demand for aluminium bars.
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Global aluminium bar imports stood at X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
Global aluminium bar imports stood at X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
China dominates in the global aluminium bar, rod and profile trade. In 2014, China exported X thousand tons of aluminium bars, rods and profiles totaling X million USD, X% over the previous year. Its primary trading partner was Malaysia, where
In April 2023, the aluminium bar price amounted to $3,238 per ton (CIF, Thailand), falling by -2.9% against the previous month.
Global demand for aluminium bars, rods, and profiles is on the rise, with the market expected to see continued growth in consumption over the next seven years. By 2030, the market volume is projected to reach 30 million tons, valued at $149.2 billion. The article analyzes the market performance, consumption trends, production rates, import and export volumes, and key players in the industry.