Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand - 2024
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand (CIF) - 2024
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand (FOB) - 2024
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand (CIF) - 2024
In January 2024, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $1,742 per ton, with a decrease of -3% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 6.6% month-to-month. As a result, import price reached the peak level of $1,900 per ton. From October 2023 to January 2024, the average 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 France ($5,077 per ton), while the price for China ($1,338 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 (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand (FOB) - 2024
The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,755 per ton in January 2024, shrinking by -3.7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 16% month-to-month. Over the period under review, the average export prices hit record highs at $2,060 per ton in May 2023; however, from June 2023 to January 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was China ($2,324 per ton), while the average price for exports to Vietnam ($1,059 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand
After three years of growth, purchases abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -4.9% to 36K tons in 2022. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 24%.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses reduced slightly to $67M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. As a result, imports reached the peak of $68M, and then reduced slightly in the following year.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.0 | 25.1 | 25.7 | 25.8 | 5.5% |
| Japan | 10.5 | 11.1 | 13.0 | 11.4 | 2.8% |
| South Korea | 6.8 | 6.8 | 10.3 | 9.5 | 11.8% |
| Singapore | 1.5 | 3.1 | 5.4 | 4.9 | 48.4% |
| United States | 1.8 | 1.4 | 3.6 | 4.5 | 35.7% |
| Taiwan (Chinese) | 4.1 | 3.1 | 3.4 | 3.6 | -4.2% |
| France | 4.3 | 4.0 | 2.3 | 2.2 | -20.0% |
| Others | 3.9 | 4.2 | 4.2 | 4.9 | 7.9% |
| Total | 54.9 | 58.8 | 67.9 | 66.9 | 6.8% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Thailand in 2022:
- China (18.5K tons)
- Japan (4.4K tons)
- South Korea (4.3K tons)
- Taiwan (Chinese) (2.5K tons)
- Singapore (2.1K tons)
- United States (1.9K tons)
- France (0.5K tons)
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand
In 2022, overseas shipments of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -25.1% to 23K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. As a result, the exports attained the peak of 43K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses contracted sharply to $47M in 2022. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 6% against the previous year. As a result, the exports attained the peak of $67M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.6 | 3.8 | 3.1 | 4.8 | 10.1% |
| India | 2.4 | 7.6 | 3.7 | 4.8 | 26.0% |
| Belgium | 2.7 | 2.5 | 4.2 | 4.4 | 17.7% |
| Indonesia | 3.6 | 2.6 | 4.1 | 4.0 | 3.6% |
| Turkey | 5.8 | 5.3 | 5.3 | 3.4 | -16.3% |
| Germany | 3.2 | 2.9 | 2.4 | 2.9 | -3.2% |
| China | 5.7 | 6.9 | 4.3 | 2.7 | -22.0% |
| Italy | 7.3 | 6.1 | 6.1 | 2.6 | -29.1% |
| Greece | 3.1 | 2.5 | 2.2 | 2.5 | -6.9% |
| South Korea | 2.4 | 3.6 | 3.3 | 2.2 | -2.9% |
| Taiwan (Chinese) | 4.1 | 3.0 | 3.3 | 2.1 | -20.0% |
| Netherlands | 1.4 | 1.2 | 1.1 | 1.5 | 2.3% |
| United States | 6.4 | 6.6 | 3.7 | 0.9 | -48.0% |
| Others | 11.2 | 12.0 | 8.6 | 8.4 | -9.1% |
| Total | 62.7 | 66.5 | 55.3 | 47.0 | -9.2% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Thailand in 2022:
- India (2.7K tons)
- Brazil (2.2K tons)
- Belgium (2.2K tons)
- Indonesia (1.9K tons)
- Turkey (1.7K tons)
- Greece (1.4K tons)
- Germany (1.4K tons)
- China (1.4K tons)
- Italy (1.3K tons)
- South Korea (1.3K tons)
- Taiwan (Chinese) (1.0K tons)
- Netherlands (0.7K tons)
- United States (0.3K tons)
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