Price for Mineral Substances Not Elsewhere Specified or Included in Thailand - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Thailand (FOB) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Thailand (CIF) - 2022
- Exports of Mineral Substances Not Elsewhere Specified or Included in Thailand
- Imports of Mineral Substances Not Elsewhere Specified or Included in Thailand
Price for Mineral Substances Not Elsewhere Specified or Included in Thailand (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $3,111 per ton in 2022, growing by 51% against the previous year. Over the period under review, the export price posted significant growth. The most prominent rate of growth was recorded in 2017 an increase of 127%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($4,250 per ton), while the average price for exports to Indonesia ($122 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 (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Thailand (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $275 per ton in 2022, falling by -13% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 23%. As a result, import price attained the peak level of $362 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($1,441 per ton), while the price for Turkey ($141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mineral Substances Not Elsewhere Specified or Included in Thailand
In 2022, approx. 27K tons of mineral substances not elsewhere specified or includeds were exported from Thailand; growing by 11% against 2021 figures. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 71%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of mineral substances not elsewhere specified or includeds skyrocketed to $85M in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 127% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Mineral Substances Not Elsewhere Specified or Included in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.6 | 21.1 | 49.0 | 84.1 | 99.4% |
| Malaysia | N/A | 0.2 | 0.3 | 0.6 | 73.2% |
| Vietnam | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
| Indonesia | 0.2 | 0.2 | 0.4 | 0.3 | 14.5% |
| Myanmar | N/A | 0.3 | 0.7 | N/A | 133.3% |
| Others | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Total | 11.4 | 22.4 | 50.9 | 85.4 | 95.7% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Thailand in 2022:
- China (19.8K tons)
- Vietnam (2.9K tons)
- Indonesia (2.4K tons)
- Malaysia (2.2K tons)
Imports of Mineral Substances Not Elsewhere Specified or Included in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas purchases of mineral substances not elsewhere specified or includeds, which increased by 68% to 54K tons in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of mineral substances not elsewhere specified or includeds soared to $15M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 1.7 | 3.9 | 7.5 | 60.9% |
| Malaysia | 1.5 | 1.5 | 2.2 | 2.6 | 20.1% |
| Japan | 0.7 | 0.8 | 1.1 | 0.9 | 8.7% |
| Turkey | 0.2 | 0.3 | 0.3 | 0.7 | 51.8% |
| Indonesia | 0.3 | 0.3 | 0.4 | 0.7 | 32.6% |
| Germany | 0.4 | 0.3 | 0.2 | 0.6 | 14.5% |
| France | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Others | 1.6 | 2.0 | 1.7 | 1.5 | -2.1% |
| Total | 6.8 | 7.0 | 10.0 | 14.7 | 29.3% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Thailand in 2022:
- China (39.1K tons)
- Turkey (5.2K tons)
- Japan (2.2K tons)
- Indonesia (1.9K tons)
- Malaysia (1.8K tons)
- Germany (1.7K tons)
- France (0.2K tons)
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