Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Thailand - 2024

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Thailand (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Thailand (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Thailand
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Thailand

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Thailand (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $255,059 per ton, reducing by -21.4% against the previous year. In general, the import price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2019 an increase of 164%. Over the period under review, average import prices hit record highs at $324,325 per ton in 2021, and then contracted dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($5,776,523 per ton), while the price for Malaysia ($70,488 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+46.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Thailand (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $28,212 per ton, falling by -66.1% against the previous year. Overall, the export price showed a abrupt setback. The growth pace was the most rapid in 2019 when the average export price increased by 92% against the previous year. As a result, the export price attained the peak level of $195,534 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($183,569 per ton), while the average price for exports to Mexico ($422 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+4.8%), while the prices for the other major destinations experienced a decline.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Thailand

In 2022, after two years of decline, there was significant growth in supplies from abroad of balances; of a sensitivity of 5cg or better, with or without weightses, when their volume increased by 33% to 28 tons. In general, imports, however, faced a abrupt decrease.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses amounted to $7.2M in 2022. The total import value increased at an average annual rate of +7.2% 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 imports increased by 26% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Thailand in 2022:

1. China (21.7 tons)
2. Japan (1.6 tons)
3. Germany (1.3 tons)
4. Malaysia (0.9 tons)
5. South Korea (0.9 tons)
6. Philippines (0.6 tons)
7. Taiwan (Chinese) (0.4 tons)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Thailand

In 2022, shipments abroad of balances; of a sensitivity of 5cg or better, with or without weightses was finally on the rise to reach 3.9 tons after two years of decline. Overall, exports, however, showed a drastic downturn.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses surged to $217K in 2022. Over the period under review, exports, however, recorded a dramatic decrease.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Thailand in 2022:

1. Bhutan (571.0 kg)
2. United States (538.0 kg)
3. Vietnam (430.0 kg)
4. Cambodia (411.0 kg)
5. Australia (374.0 kg)
6. Nigeria (346.0 kg)
7. France (227.0 kg)
8. Singapore (166.0 kg)
9. Lao People's Democratic Republic (161.0 kg)
10. Belgium (110.0 kg)
11. India (92.0 kg)
12. Mexico (83.0 kg)
13. Hong Kong SAR (83.0 kg)

Source: IndexBox Market Intelligence Platform