Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Thailand - 2023

Contents:

1. Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Thailand (CIF) - 2022
2. Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Thailand (FOB) - 2022
3. Imports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in Thailand
4. Exports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in Thailand

Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Thailand (CIF) - 2022

The average import price for oxides, hydroxides and peroxides, of strontium or baria stood at $2,091 per ton in 2022, surging by 14% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oxides, hydroxides and peroxides, of strontium or baria decreased by -0.9% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 31%. As a result, import price attained the peak level of $2,109 per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($5,285 per ton), while the price for China ($1,766 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Thailand (FOB) - 2022

In 2022, the average export price for oxides, hydroxides and peroxides, of strontium or baria amounted to $15,733 per ton, falling by -1.7% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 47%. As a result, the export price reached the peak level of $16,000 per ton, and then declined slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +20.2% per year.

Imports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in Thailand

In 2022, imports of oxides, hydroxides and peroxides, of strontium or baria into Thailand dropped rapidly to 245 tons, which is down by -39.4% compared with the previous year's figure. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports reached the peak of 404 tons, and then shrank dramatically in the following year.

In value terms, imports of oxides, hydroxides and peroxides, of strontium or baria reduced remarkably to $512K in 2022. In general, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of $738K, and then contracted dramatically in the following year.

Top Suppliers of Oxides, Hydroxides and Peroxides, of Strontium or Barium to Thailand in 2022:

1. China (223.9 tons)
2. Japan (19.8 tons)

Exports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in Thailand

For the third consecutive year, Thailand recorded growth in shipments abroad of oxides, hydroxides and peroxides, of strontium or baria, which increased by 50% to 15 kg in 2022. Overall, total exports indicated a significant expansion from 2020 to 2022: its volume increased at an average annual rate of +29.1% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of oxides, hydroxides and peroxides, of strontium or baria skyrocketed to $236 in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Oxides, Hydroxides and Peroxides, of Strontium or Barium from Thailand in 2022:

1. Myanmar (15.0 kg)

Source: IndexBox Market Intelligence Platform