Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand (FOB) - 2024
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand (CIF) - 2024
- Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand (FOB) - 2024
The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,103 per ton in September 2023, rising by 7.6% against the previous month. Overall, the export price, however, saw a slight shrinkage. The export price peaked at $1,182 per ton in March 2023; however, from April 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In September 2023, the highest price was recorded for prices to India ($1,107 per ton) and Indonesia ($1,077 per ton), while the average price for exports to Malaysia ($1,062 per ton) and Vietnam ($1,074 per ton) were amongst the lowest.
From March 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (-0.9%), while the prices for the other major destinations experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand (CIF) - 2024
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,051 per ton in September 2023, growing by 5.8% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $1,207 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Hong Kong SAR ($1,113 per ton) and China ($1,113 per ton), while the price for Japan ($1,027 per ton) and Taiwan (Chinese) ($1,054 per ton) were amongst the lowest.
From March 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand
In 2022, overseas shipments of acids; aromatic polycarboxylic acids; phthalic anhydrides were finally on the rise to reach 12K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt shrinkage.
In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides skyrocketed to $13M in 2022. In general, exports, however, recorded a relatively flat trend pattern.
| Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.6 | 9.9 | 8.4 | 9.0 | -2.1% |
| Indonesia | 0.3 | 0.5 | 1.2 | 2.9 | 113.0% |
| Pakistan | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Vietnam | N/A | N/A | N/A | 0.5 | 0% |
| China | 3.4 | 0.4 | N/A | N/A | -88.2% |
| Others | 0.1 | N/A | 0.3 | N/A | 73.2% |
| Total | 13.4 | 10.8 | 10.0 | 13.0 | -1.0% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Thailand in 2022:
- India (8.3K tons)
- Indonesia (2.5K tons)
- Pakistan (0.5K tons)
- Vietnam (0.5K tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand
In 2022, overseas purchases of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -30.6% to 9.4K tons, falling for the second year in a row after two years of growth. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 3.3%. As a result, imports attained the peak of 15K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides contracted remarkably to $11M in 2022. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 6.9 | 5.0 | 6.1 | 4.3 | -14.6% |
| Japan | 1.7 | 2.4 | 3.4 | 3.4 | 26.0% |
| Taiwan (Chinese) | 3.8 | 2.2 | 2.6 | 2.4 | -14.2% |
| China | 0.9 | 0.2 | 0.8 | 0.6 | -12.6% |
| India | 0.1 | 0.5 | N/A | N/A | 400.0% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 13.8 | 10.2 | 12.9 | 10.8 | -7.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Thailand in 2022:
- South Korea (3.8K tons)
- Japan (3.1K tons)
- Taiwan (Chinese) (2.1K tons)
- China (0.5K tons)
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