Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand - 2023

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand (CIF) - 2023
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand (FOB) - 2022
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand (CIF) - 2023

In November 2023, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $14,186 per ton, with a decrease of -11% against the previous month. Overall, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in January 2023 an increase of 26% m-o-m. As a result, import price attained the peak level of $23,838 per ton. From February 2023 to November 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -2.8% per month.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $11,620 per ton, falling by -4.8% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 117%. The export price peaked at $48,362 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($19,214 per ton), while the average price for exports to Cambodia totaled $11,480 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+6.7%).

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand

In 2022, supplies from abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses was finally on the rise to reach 2.2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses soared to $14M in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.02.23.213.063.0%
Japan0.60.40.70.5-5.9%
Others0.80.40.30.5-14.5%
Total4.53.14.214.046.0%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Thailand in 2022:

  1. China (2112.6 tons)
  2. Japan (27.4 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand

For the fourth consecutive year, Thailand recorded growth in overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, which increased by 190% to 68 tons in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses soared to $791K in 2022. In general, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia18618727777661.0%
China360N/AN/AN/A0%
Others8.06.110.014.822.8%
Total55419328779112.6%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Thailand in 2022:

  1. Cambodia (67.6 tons)

Source: IndexBox Market Intelligence Platform

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