Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand - 2024
Contents:
- Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand (CIF) - 2024
- Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand (FOB) - 2022
- Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand
- Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand
Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand (CIF) - 2024
In January 2024, the average import price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $3,375 per ton, reducing by -6% against the previous month. In general, the import price recorded a slight slump. The pace of growth was the most pronounced in October 2023 when the average import price increased by 35% against the previous month. Over the period under review, average import prices reached the peak figure at $4,127 per ton in February 2023; however, from March 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Japan ($9,504 per ton), while the price for China ($2,364 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 Indonesia (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand (FOB) - 2022
In 2022, the average export price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $2,635 per ton, rising by 12% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 43% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
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 China ($8,480 per ton), while the average price for exports to Taiwan (Chinese) ($1,876 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 China (+13.2%), while the prices for the other major destinations experienced a decline.
Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand
In 2022, overseas purchases of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses decreased by -7.5% to 58K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year.
In value terms, imports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses reached $255M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +41.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 93.5 | 94.0 | 147 | 157 | 18.9% |
| Japan | 25.9 | 19.1 | 20.0 | 17.2 | -12.8% |
| Others | 64.8 | 67.8 | 84.4 | 80.9 | 7.7% |
| Total | 184 | 181 | 252 | 255 | 11.5% |
Top Suppliers of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts to Thailand in 2022:
- China (49.1K tons)
- Japan (2.6K tons)
Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand
In 2022, shipments abroad of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses decreased by -25.9% to 30K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 9.5%. As a result, the exports attained the peak of 43K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses shrank significantly to $79M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, the exports reached the peak of $96M, and then dropped significantly in the following year.
| Export of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 35.6 | 20.1 | 30.1 | 22.8 | -13.8% |
| China | 10.4 | 20.1 | 27.3 | 19.2 | 22.7% |
| Taiwan (Chinese) | 6.7 | 9.0 | 15.6 | 15.3 | 31.7% |
| Indonesia | 3.0 | 3.3 | 6.1 | 8.3 | 40.4% |
| India | 10.8 | 7.4 | 12.7 | 7.3 | -12.2% |
| South Korea | 0.1 | 0.2 | 0.2 | 3.1 | 214.1% |
| Others | 2.5 | 14.0 | 4.1 | 3.5 | 11.9% |
| Total | 69.1 | 74.1 | 96.0 | 79.5 | 4.8% |
Top Export Markets for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts from Thailand in 2022:
- Vietnam (11.4K tons)
- Taiwan (Chinese) (8.1K tons)
- Indonesia (4.3K tons)
- China (2.3K tons)
- India (1.9K tons)
- South Korea (1.6K tons)
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