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Thailand - Diols And Polyhydric Alcohols - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Diols and Polyhydric Alcohols in Thailand - 2023
Contents:
- Price for Diols and Polyhydric Alcohols in Thailand (CIF) - 2022
- Price for Diols and Polyhydric Alcohols in Thailand (FOB) - 2023
- Imports of Diols and Polyhydric Alcohols in Thailand
- Exports of Diols and Polyhydric Alcohols in Thailand
Price for Diols and Polyhydric Alcohols in Thailand (CIF) - 2022
The average diols and polyhydric alcohols import price stood at $2,643 per ton in 2022, with an increase of 15% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, diols and polyhydric alcohols import price increased by +72.7% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 51% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,711 per ton), while the price for Saudi Arabia ($1,865 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Diols and Polyhydric Alcohols in Thailand (FOB) - 2023
The average diols and polyhydric alcohols export price stood at $1,296 per ton in September 2023, rising by 23% against the previous month. In general, the export price, however, continues to indicate a abrupt downturn. The export price peaked at $4,203 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($4,753 per ton), while the average price for exports to China ($436 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Diols and Polyhydric Alcohols in Thailand
In 2022, purchases abroad of diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol) decreased by -21.8% to 31K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of 39K tons, and then shrank markedly in the following year.
In value terms, diols and polyhydric alcohols imports dropped to $82M in 2022. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 100%. As a result, imports attained the peak of $91M, and then reduced in the following year.
Import of Diols and Polyhydric Alcohols in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.5 | 9.9 | 22.4 | 21.2 | 16.2% |
Japan | 6.2 | 6.9 | 13.0 | 14.4 | 32.4% |
United States | 5.2 | 11.3 | 14.2 | 14.3 | 40.1% |
Taiwan (Chinese) | 3.5 | 3.4 | 16.2 | 12.7 | 53.7% |
South Korea | 1.9 | 3.1 | 13.5 | 8.8 | 66.7% |
Germany | 3.9 | 3.4 | 2.9 | 5.4 | 11.5% |
Saudi Arabia | 1.0 | 0.7 | 1.5 | 1.2 | 6.3% |
Singapore | 5.2 | 2.5 | 0.6 | 0.1 | -73.2% |
Others | 6.0 | 4.4 | 6.7 | 3.5 | -16.4% |
Total | 46.5 | 45.6 | 91.0 | 81.6 | 20.6% |
Top Suppliers of Diols and Polyhydric Alcohols to Thailand in 2022:
- Singapore (undefinedK tons)
- China (9.0K tons)
- Japan (6.8K tons)
- South Korea (4.0K tons)
- United States (3.8K tons)
- Taiwan (Chinese) (3.6K tons)
- Germany (1.8K tons)
- Saudi Arabia (0.6K tons)
Exports of Diols and Polyhydric Alcohols in Thailand
In 2022, diols and polyhydric alcohols exports from Thailand fell rapidly to 2.5K tons, with a decrease of -18.4% compared with the previous year. Over the period under review, exports showed a noticeable contraction. The pace of growth was the most pronounced in 2021 when exports increased by 12%. As a result, the exports attained the peak of 3K tons, and then dropped significantly in the following year.
In value terms, diols and polyhydric alcohols exports expanded slightly to $9.8M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 53%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
Export of Diols and Polyhydric Alcohols in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3,169 | 1,575 | 4,409 | 4,703 | 14.1% |
Taiwan (Chinese) | 1,430 | 1,072 | 2,057 | 1,716 | 6.3% |
Malaysia | 280 | 208 | 378 | 1,181 | 61.6% |
India | 190 | 786 | 1,247 | 672 | 52.4% |
South Korea | 552 | 490 | 745 | 633 | 4.7% |
Indonesia | 148 | 74.9 | 90.7 | 334 | 31.2% |
Myanmar | 374 | 123 | 229 | 82.9 | -39.5% |
China | 134 | 1,803 | 315 | 44.0 | -31.0% |
Others | 282 | 180 | 179 | 477 | 19.1% |
Total | 6,560 | 6,311 | 9,648 | 9,842 | 14.5% |
Top Export Markets for Diols and Polyhydric Alcohols from Thailand in 2022:
- Japan (1119.0 tons)
- Malaysia (404.4 tons)
- Taiwan (Chinese) (389.1 tons)
- India (149.7 tons)
- South Korea (141.2 tons)
- Indonesia (74.1 tons)
- Myanmar (62.0 tons)
- China (16.8 tons)
This report provides an in-depth analysis of the market for diols and polyhydric alcohols in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142339 - Diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, D-glucitol)
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for diols and polyhydric alcohols in Thailand.
This report provides an in-depth analysis of the market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols in Thailand.
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This report provides an in-depth analysis of the octyl alcohol market in Thailand.
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The highest growth rate was reached in August 2023 with a 66% increase from the prior month. The export value of Propylene Glycol soared to $12M in January 2024.
In August 2023, propylene glycol experienced the highest rate of growth, with a month-to-month increase of 66%. However, in November 2023, exports of propylene glycol decreased slightly, reaching a value of $12M.
In April 2023, the propylene glycol price stood at $1,283 per ton (FOB, Thailand), growing by 1.7% against the previous month.
In April 2023, the octyl alcohol price stood at $1,225 per ton (CIF, Thailand), waning by -4% against the previous month.
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