Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand - 2024
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand (CIF) - 2024
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand (CIF) - 2024
The average import price for colouring matter; ultramarine and preparations based therea stood at $4,061 per ton in September 2023, rising by 6% against the previous month. In general, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in July 2023 an increase of 34% against the previous month. As a result, import price attained the peak level of $6,102 per ton. From August 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($17,907 per ton), while the price for Indonesia ($2,067 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand (FOB) - 2022
In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $6,043 per ton, declining by -27.2% against the previous year. Overall, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 78% against the previous year. The export price peaked at $11,138 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Japan ($16,000 per ton), while the average price for exports to Lao People's Democratic Republic ($2,513 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 Australia (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand
In 2022, after three years of growth, there was significant decline in supplies from abroad of colouring matter; ultramarine and preparations based therea, when their volume decreased by -46.6% to 843 tons. Overall, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 141% against the previous year. As a result, imports reached the peak of 1.6K tons, and then reduced notably in the following year.
In value terms, imports of colouring matter; ultramarine and preparations based therea shrank to $3.9M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $4.5M, and then dropped in the following year.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 926 | 966 | 1,121 | 1,330 | 12.8% |
| China | 745 | 765 | 865 | 857 | 4.8% |
| Spain | 136 | 329 | 416 | 350 | 37.0% |
| Indonesia | N/A | N/A | 68.9 | 339 | 392.0% |
| Japan | 293 | 330 | 310 | 279 | -1.6% |
| Colombia | 61.0 | 93.1 | 138 | 205 | 49.8% |
| India | 249 | 137 | 329 | 200 | -7.0% |
| Taiwan (Chinese) | 408 | 279 | 505 | 139 | -30.2% |
| Argentina | N/A | N/A | 55.3 | N/A | 0% |
| Brazil | N/A | N/A | 178 | N/A | 0% |
| Others | 160 | 214 | 527 | 212 | 9.8% |
| Total | 2,978 | 3,114 | 4,513 | 3,911 | 9.5% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Thailand in 2022:
- China (277.7 tons)
- France (223.2 tons)
- Spain (91.9 tons)
- India (80.5 tons)
- Indonesia (69.8 tons)
- Colombia (26.1 tons)
- Taiwan (Chinese) (22.2 tons)
- Japan (19.8 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand
In 2022, after two years of decline, there was significant growth in shipments abroad of colouring matter; ultramarine and preparations based therea, when their volume increased by 127% to 21 tons. In general, exports, however, saw a sharp downturn.
In value terms, exports of colouring matter; ultramarine and preparations based therea soared to $127K in 2022. Over the period under review, exports, however, continue to indicate a dramatic curtailment.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.3 | 4.9 | 12.0 | 31.6 | 17.9% |
| Cambodia | 3.0 | 17.5 | N/A | 14.7 | 69.8% |
| Australia | 17.0 | N/A | N/A | 14.6 | -4.9% |
| Malaysia | N/A | 35.6 | 3.7 | 12.6 | -40.5% |
| India | 28.5 | N/A | 2.7 | 11.1 | -27.0% |
| Germany | N/A | N/A | N/A | 9.0 | 0% |
| Vietnam | 30.8 | 20.7 | 11.7 | 5.8 | -42.7% |
| Lao People's Democratic Republic | 244 | 2.0 | N/A | 0.1 | -92.6% |
| Others | 4.1 | 21.3 | 46.8 | 27.8 | 89.3% |
| Total | 347 | 102 | 77.0 | 127 | -28.5% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Thailand in 2022:
- Cambodia (4.8 tons)
- China (3.6 tons)
- Malaysia (2.3 tons)
- Australia (2.1 tons)
- India (2.1 tons)
- Germany (2.0 tons)
- Vietnam (0.9 tons)
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