Price for Asbestos, Other than Crocidolite in Thailand - 2023
Contents:
- Price for Asbestos, Other than Crocidolite in Thailand (CIF) - 2023
- Price for Asbestos, Other than Crocidolite in Thailand (FOB) - 2022
- Imports of Asbestos, Other than Crocidolite in Thailand
- Exports of Asbestos, Other than Crocidolite in Thailand
Price for Asbestos, Other than Crocidolite in Thailand (CIF) - 2023
The average asbestos, other than crocidolite import price stood at $721 per ton in November 2023, therefore, remained relatively stable against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 20% month-to-month. As a result, import price reached the peak level of $838 per ton. From March 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 Russia.
From November 2022 to November 2023, the rate of growth in terms of prices for Russia amounted to +0.7% per month.
Price for Asbestos, Other than Crocidolite in Thailand (FOB) - 2022
In 2022, the average asbestos, other than crocidolite export price amounted to $1,118 per ton, flattening at the previous year. In general, the export price saw a buoyant increase. The growth pace was the most rapid in 2017 when the average export price increased by 275% against the previous year. The export price peaked at $1,648 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From 2012 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +17.7% per year.
Imports of Asbestos, Other than Crocidolite in Thailand
Asbestos, other than crocidolite imports into Thailand amounted to 34K tons in 2022, growing by 5.5% against the previous year's figure. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 35K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, asbestos, other than crocidolite imports soared to $20M in 2022. The total import value increased at an average annual rate of +10.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Asbestos, Other than Crocidolite in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 14.4 | 14.5 | 13.8 | 14.1 | -0.7% |
| Brazil | N/A | N/A | N/A | 2.6 | 0% |
| Kazakhstan | N/A | N/A | N/A | 2.6 | 0% |
| China | 0.4 | 0.1 | 0.6 | 0.9 | 31.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.8 | 14.5 | 14.5 | 20.0 | 10.6% |
Top Suppliers of Asbestos, Other than Crocidolite to Thailand in 2022:
- Russia (25.5K tons)
- Kazakhstan (4.0K tons)
- Brazil (3.4K tons)
- China (1.5K tons)
Exports of Asbestos, Other than Crocidolite in Thailand
In 2022, exports of asbestos, other than crocidolites from Thailand amounted to 5.5 tons, leveling off at the year before. Over the period under review, exports continue to indicate a dramatic setback. The smallest decline of -59% was in 2020.
In value terms, asbestos, other than crocidolite exports totaled $6.1K in 2022. Overall, exports continue to indicate a significant decrease. The smallest decline of -47.5% was in 2020.
| Export of Asbestos, Other than Crocidolite in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 72.8 | 38.2 | N/A | 6.1 | -56.2% |
| Others | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Total | 73.0 | 38.3 | N/A | 6.1 | -56.3% |
Top Export Markets for Asbestos, Other than Crocidolite from Thailand in 2022:
- Myanmar (5.5 tons)
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