Price for Cermets; Articles Thereof, Including Waste and Scrap in Thailand - 2024
Contents:
- Price for Cermets; Articles Thereof, Including Waste and Scrap in Thailand (CIF) - 2024
- Price for Cermets; Articles Thereof, Including Waste and Scrap in Thailand (FOB) - 2022
- Imports of Cermets; Articles Thereof, Including Waste and Scrap in Thailand
- Exports of Cermets; Articles Thereof, Including Waste and Scrap in Thailand
Price for Cermets; Articles Thereof, Including Waste and Scrap in Thailand (CIF) - 2024
The average import price for cermets; articles thereof, including waste and scrap stood at $77,448 per ton in May 2024, reducing by -7% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 178% m-o-m. The import price peaked at $87,878 per ton in November 2023; however, from December 2023 to May 2024, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In May 2024, the country with the highest price was Japan ($96,429 per ton), while the price for China amounted to $76,854 per ton.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by China (+0.0%).
Price for Cermets; Articles Thereof, Including Waste and Scrap in Thailand (FOB) - 2022
In 2022, the average export price for cermets; articles thereof, including waste and scrap amounted to $19,700 per ton, jumping by 61% against the previous year. In general, the export price, however, continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2017 an increase of 287%. As a result, the export price reached the peak level of $130,464 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($23,147 per ton), while the average price for exports to India ($16,906 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 India (+33.6%), while the prices for the other major destinations experienced a decline.
Imports of Cermets; Articles Thereof, Including Waste and Scrap in Thailand
For the fourth consecutive year, Thailand recorded growth in purchases abroad of cermets; articles thereof, including waste and scrap, which increased by 81% to 115 tons in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,157% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of cermets; articles thereof, including waste and scrap expanded notably to $4.2M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,206%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Cermets; Articles Thereof, Including Waste and Scrap in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 0.1 | 3.5 | 3.9 | 524.5% |
| Belgium | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 0.1 | 0.3 | 3.7 | 4.2 | 247.6% |
Top Suppliers of Cermets; Articles Thereof, Including Waste and Scrap to Thailand in 2022:
- China (112.8 tons)
Exports of Cermets; Articles Thereof, Including Waste and Scrap in Thailand
Exports of cermets; articles thereof, including waste and scrap from Thailand surged to 62 tons in 2022, with an increase of 1,195% compared with the previous year. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cermets; articles thereof, including waste and scrap skyrocketed to $1.2M in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cermets; Articles Thereof, Including Waste and Scrap in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | N/A | 1,083 | 0% |
| India | N/A | 8.4 | 52.5 | 97.9 | 241.4% |
| Belgium | 5.4 | N/A | N/A | 23.3 | 62.8% |
| China | 343 | 81.7 | N/A | N/A | -76.2% |
| Others | 13.4 | 7.8 | 6.1 | 20.7 | 15.6% |
| Total | 362 | 97.9 | 58.6 | 1,225 | 50.1% |
Top Export Markets for Cermets; Articles Thereof, Including Waste and Scrap from Thailand in 2022:
- Philippines (55.3 tons)
- India (5.8 tons)
- Belgium (1.0 tons)
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