Price for Ethylene Polymers; Waste, Parings and Scrap in Thailand - 2024
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in Thailand (CIF) - 2024
- Price for Ethylene Polymers; Waste, Parings and Scrap in Thailand (FOB) - 2022
- Imports of Ethylene Polymers; Waste, Parings and Scrap in Thailand
- Exports of Ethylene Polymers; Waste, Parings and Scrap in Thailand
Price for Ethylene Polymers; Waste, Parings and Scrap in Thailand (CIF) - 2024
In January 2024, the average import price for ethylene polymers; waste, parings and scraps amounted to $530 per ton, almost unchanged from the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 29% m-o-m. As a result, import price reached the peak level of $683 per ton. From March 2023 to January 2024, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($531 per ton), while the price for Japan ($528 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ethylene Polymers; Waste, Parings and Scrap in Thailand (FOB) - 2022
In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $223 per ton, growing by 2.7% against the previous year. In general, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 44% against the previous year. The export price peaked at $761 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($280 per ton), while the average price for exports to the Philippines ($127 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 (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ethylene Polymers; Waste, Parings and Scrap in Thailand
In 2022, overseas purchases of ethylene polymers; waste, parings and scraps were finally on the rise to reach 13K tons after two years of decline. Overall, imports, however, showed a dramatic curtailment.
In value terms, imports of ethylene polymers; waste, parings and scraps soared to $2M in 2022. In general, imports, however, continue to indicate a sharp contraction.
| Import of Ethylene Polymers; Waste, Parings and Scrap in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,417 | 270 | N/A | 1,167 | -6.3% |
| United States | 1,302 | 557 | N/A | 450 | -29.8% |
| Spain | 185 | 1.9 | N/A | 37.0 | -41.5% |
| Belgium | 5.2 | N/A | N/A | 25.4 | 69.7% |
| Hong Kong SAR | 2,161 | 37.9 | N/A | N/A | -98.2% |
| Australia | 363 | 13.4 | N/A | N/A | -96.3% |
| Canada | 86.7 | 35.9 | N/A | N/A | -58.6% |
| Others | 375 | 227 | 0.4 | 278 | -9.5% |
| Total | 5,895 | 1,144 | 0.4 | 1,958 | -30.7% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Thailand in 2022:
- United States (6.8K tons)
- Japan (4.9K tons)
- Belgium (0.5K tons)
- Spain (0.3K tons)
Exports of Ethylene Polymers; Waste, Parings and Scrap in Thailand
In 2022, exports of ethylene polymers; waste, parings and scraps from Thailand contracted dramatically to 1.7K tons, shrinking by -60.9% against the previous year. Overall, exports showed a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 35%.
In value terms, exports of ethylene polymers; waste, parings and scraps fell rapidly to $387K in 2022. In general, exports continue to indicate a precipitous setback. The smallest decline of -9.5% was in 2021.
| Export of Ethylene Polymers; Waste, Parings and Scrap in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 82.4 | 242 | 296 | 251 | 45.0% |
| Philippines | 3.0 | N/A | 35.2 | 38.6 | 134.3% |
| Myanmar | 44.6 | 5.1 | 5.3 | 37.9 | -5.3% |
| Hong Kong SAR | 1,128 | 44.7 | 4.8 | 24.0 | -72.3% |
| India | N/A | N/A | 3.8 | 7.4 | 94.7% |
| Malaysia | 32.7 | 13.1 | 6.4 | 7.3 | -39.3% |
| South Africa | N/A | N/A | N/A | 7.2 | 0% |
| China | 216 | 710 | 562 | 7.1 | -68.0% |
| Vietnam | 19.9 | 37.0 | 52.8 | 7.0 | -29.4% |
| Others | 93.6 | 15.2 | 0.5 | 0.2 | -87.1% |
| Total | 1,620 | 1,067 | 966 | 387 | -38.0% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Thailand in 2022:
- Lao People's Democratic Republic (894.1 tons)
- Philippines (305.0 tons)
- Myanmar (202.1 tons)
- Hong Kong SAR (125.3 tons)
- Malaysia (50.8 tons)
- South Africa (47.0 tons)
- India (47.0 tons)
- China (42.4 tons)
- Vietnam (20.9 tons)
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