Price for Quinones; Other than Anthraquinone in Thailand - 2024

Contents:

  1. Price for Quinones; Other than Anthraquinone in Thailand (CIF) - 2024
  2. Price for Quinones; Other than Anthraquinone in Thailand (FOB) - 2022
  3. Imports of Quinones; Other than Anthraquinone in Thailand
  4. Exports of Quinones; Other than Anthraquinone in Thailand

Price for Quinones; Other than Anthraquinone in Thailand (CIF) - 2024

In May 2024, the average quinones; other than anthraquinone import price amounted to $11,017 per ton, with an increase of 323% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2024 when the average import price increased by 395% m-o-m. Over the period under review, average import prices reached the maximum at $20,489 per ton in June 2023; however, from July 2023 to May 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was the Netherlands ($37,183 per ton), while the price for Japan ($1,081 per ton) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Japan (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Quinones; Other than Anthraquinone in Thailand (FOB) - 2022

The average quinones; other than anthraquinone export price stood at $247,818 per ton in 2022, rising by 6,666% against the previous year. Overall, the export price enjoyed a significant increase. The export price peaked at $519,226 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($297,435 per ton), while the average price for exports to Malaysia totaled $17,851 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-0.0%), while the prices for the other major destinations experienced a decline.

Imports of Quinones; Other than Anthraquinone in Thailand

In 2022, the amount of quinones; other than anthraquinones imported into Thailand amounted to 850 tons, approximately reflecting 2021 figures. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, imports attained the peak of 922 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, quinones; other than anthraquinone imports expanded modestly to $15M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Quinones; Other than Anthraquinone in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.011.911.612.06.3%
China1.71.51.91.81.9%
Japan1.10.80.80.9-6.5%
MalaysiaN/AN/AN/A0.10%
Belgium0.7N/AN/AN/A0%
Others0.40.10.20.2-20.6%
Total14.014.414.415.02.3%

Top Suppliers of Quinones; Other than Anthraquinone to Thailand in 2022:

  1. Netherlands (431.4 tons)
  2. Japan (280.2 tons)
  3. China (115.1 tons)
  4. Malaysia (17.7 tons)

Exports of Quinones; Other than Anthraquinone in Thailand

In 2022, approx. 3.3 tons of quinones; other than anthraquinones were exported from Thailand; reducing by -88.5% on 2021. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 66,360% against the previous year. As a result, the exports attained the peak of 29 tons, and then declined dramatically in the following year.

In value terms, quinones; other than anthraquinone exports surged to $816K in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,037% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Quinones; Other than Anthraquinone in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia8.79.126.6805352.3%
MalaysiaN/AN/AN/A10.40%
Vietnam2.40.150.4N/A358.3%
Others1.2N/A27.7N/A380.5%
Total12.39.2105816304.8%

Top Export Markets for Quinones; Other than Anthraquinone from Thailand in 2022:

  1. Australia (2.7 tons)
  2. Malaysia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Quinones; other than anthraquinone - Thailand