Thailand - Polyethylene Or Polypropylene Binder Or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Binder Price in Thailand - 2023
Contents:
- Polyethylene Binder Price in Thailand (FOB) - 2023
- Polyethylene Binder Price in Thailand (CIF) - 2022
- Polyethylene Binder Exports in Thailand
- Polyethylene Binder Imports in Thailand
Polyethylene Binder Price in Thailand (FOB) - 2023
The average polyethylene binder export price stood at $2,356 per ton in September 2023, reducing by -4.7% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 19% m-o-m. The export price peaked at $2,698 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Cambodia ($2,604 per ton), while the average price for exports to Malaysia ($1,599 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Polyethylene Binder Price in Thailand (CIF) - 2022
In 2022, the average polyethylene binder import price amounted to $1,434 per ton, waning by -1.6% against the previous year. In general, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 17%. The import price peaked at $3,104 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($2,317 per ton), while the price for Cambodia ($291 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+2.0%), while the prices for the other major suppliers experienced a decline.
Polyethylene Binder Exports in Thailand
After three years of growth, overseas shipments of polyethylene or polypropylene binder or baler (agricultural) twines decreased by -19.3% to 2.1K tons in 2022. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 2.6K tons, and then reduced notably in the following year.
In value terms, polyethylene binder exports fell significantly to $5M in 2022. Overall, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year.
Export of Polyethylene Binder in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 2,065 | 1,548 | 1,993 | 2,177 | 1.8% |
Myanmar | 2.5 | 2,720 | 3,320 | 1,527 | 748.5% |
Malaysia | 1,007 | 655 | 634 | 704 | -11.2% |
Japan | 356 | 184 | 269 | 211 | -16.0% |
Lao People's Democratic Republic | 81.6 | 65.7 | 155 | 104 | 8.4% |
Papua New Guinea | 82.9 | 103 | 59.5 | 98.2 | 5.8% |
Singapore | 192 | 127 | 103 | 63.8 | -30.7% |
Others | 663 | 214 | 198 | 101 | -46.6% |
Total | 4,450 | 5,615 | 6,732 | 4,987 | 3.9% |
Top Export Markets for Polyethylene Binder from Thailand in 2022:
- Cambodia (859.5 tons)
- Myanmar (615.2 tons)
- Malaysia (365.5 tons)
- Japan (96.9 tons)
- Lao People's Democratic Republic (79.2 tons)
- Singapore (32.5 tons)
- Papua New Guinea (31.8 tons)
Polyethylene Binder Imports in Thailand
After three years of growth, purchases abroad of polyethylene or polypropylene binder or baler (agricultural) twines decreased by -12% to 294 tons in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 106%.
In value terms, polyethylene binder imports shrank to $421K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 79%.
Import of Polyethylene Binder in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | N/A | 1.1 | 45.4 | 214 | 1294.8% |
China | 137 | 265 | 264 | 157 | 4.6% |
Cambodia | N/A | 5.9 | 33.9 | 29.8 | 124.7% |
Portugal | 38.5 | 64.1 | 43.9 | 13.3 | -29.8% |
India | 53.5 | 44.1 | 37.9 | 0.1 | -87.7% |
Others | 7.6 | 42.2 | 60.8 | 7.1 | -2.2% |
Total | 237 | 423 | 486 | 421 | 21.1% |
Top Suppliers of Polyethylene Binder to Thailand in 2022:
- India (undefined tons)
- Cambodia (102.1 tons)
- Vietnam (92.4 tons)
- China (74.5 tons)
- Portugal (22.3 tons)
This report provides an in-depth analysis of the polyethylene binder 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 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
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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