Thailand - Prepared Driers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Drier Price in Thailand - 2023
Contents:
- Prepared Drier Price in Thailand (FOB) - 2023
- Prepared Drier Price in Thailand (CIF) - 2022
- Prepared Drier Exports in Thailand
- Prepared Drier Imports in Thailand
Prepared Drier Price in Thailand (FOB) - 2023
The average prepared drier export price stood at $4,674 per ton in June 2023, dropping by -2.5% against the previous month. Overall, the export price saw a mild setback. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 41% month-to-month. As a result, the export price reached the peak level of $7,749 per ton. From September 2022 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($6,373 per ton), while the average price for exports to Iraq ($2,374 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Drier Price in Thailand (CIF) - 2022
In 2022, the average prepared drier import price amounted to $4,976 per ton, with an increase of 27% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($14,916 per ton), while the price for South Africa ($2,234 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Drier Exports in Thailand
In 2022, after three years of growth, there was significant decline in shipments abroad of prepared driers, when their volume decreased by -32.8% to 3.3K tons. Overall, exports showed a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year.
In value terms, prepared drier exports declined modestly to $19M in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 33%. As a result, the exports reached the peak of $19M, and then fell modestly in the following year.
Export of Prepared Drier in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,240 | 1,824 | 2,366 | 2,435 | 25.2% |
Netherlands | 1,793 | 1,776 | 3,649 | 2,332 | 9.2% |
Malaysia | 1,281 | 1,058 | 1,398 | 2,302 | 21.6% |
Indonesia | 719 | 887 | 1,754 | 1,979 | 40.1% |
Myanmar | 495 | 394 | 464 | 1,278 | 37.2% |
Mexico | 479 | 501 | 220 | 1,124 | 32.9% |
Taiwan (Chinese) | 748 | 566 | 718 | 831 | 3.6% |
Philippines | 630 | 675 | 1,690 | 745 | 5.7% |
Vietnam | 712 | 470 | 689 | 711 | -0.0% |
Bangladesh | 652 | 878 | 619 | 602 | -2.6% |
India | 18.3 | 64.8 | 146 | 344 | 165.9% |
China | 118 | 115 | 132 | 336 | 41.7% |
Saudi Arabia | 253 | 517 | 378 | 276 | 2.9% |
Others | 5,407 | 4,796 | 5,047 | 3,420 | -14.2% |
Total | 14,546 | 14,521 | 19,270 | 18,714 | 8.8% |
Top Export Markets for Prepared Drier from Thailand in 2022:
- Malaysia (436.2 tons)
- United States (364.6 tons)
- Indonesia (357.7 tons)
- Netherlands (313.3 tons)
- Myanmar (255.4 tons)
- Mexico (193.3 tons)
- Vietnam (147.9 tons)
- Bangladesh (137.0 tons)
- Taiwan (Chinese) (107.3 tons)
- China (97.1 tons)
- India (86.9 tons)
- Philippines (84.2 tons)
- Saudi Arabia (63.4 tons)
Prepared Drier Imports in Thailand
In 2022, approx. 353 tons of prepared driers were imported into Thailand; increasing by 37% on the previous year's figure. In general, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% 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 +43.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, prepared drier imports surged to $1.8M in 2022. Overall, imports enjoyed a perceptible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Prepared Drier in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 429 | 189 | 136 | 442 | 1.0% |
Germany | 2.4 | N/A | N/A | 399 | 449.9% |
Turkey | 133 | 37.1 | 118 | 234 | 20.7% |
United Kingdom | 206 | 42.1 | 43.0 | 221 | 2.4% |
Belgium | 202 | 142 | 150 | 174 | -4.9% |
Japan | 62.9 | 58.3 | 71.7 | 82.5 | 9.5% |
Indonesia | 85.0 | 83.1 | 103 | 60.6 | -10.7% |
India | 334 | 198 | 175 | 8.5 | -70.6% |
Others | 110 | 224 | 213 | 133 | 6.5% |
Total | 1,564 | 974 | 1,009 | 1,755 | 3.9% |
Top Suppliers of Prepared Drier to Thailand in 2022:
- United Arab Emirates (109.2 tons)
- Germany (68.4 tons)
- Turkey (65.9 tons)
- United Kingdom (36.5 tons)
- Japan (32.2 tons)
- Indonesia (12.7 tons)
- Belgium (11.7 tons)
- India (2.2 tons)
This report provides an in-depth analysis of the prepared drier 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 20302220 - Prepared driers
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
-
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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