Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand - 2023
Contents:
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand (CIF) - 2023
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand (FOB) - 2023
- Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand
- Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand (CIF) - 2023
The average sulphates; alums; peroxosulphates (persulphates) import price stood at $234 per ton in September 2023, falling by -7.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 50% month-to-month. As a result, import price reached the peak level of $342 per ton. From July 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($155 per ton), while the price for Australia ($61.0 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand (FOB) - 2023
In September 2023, the average sulphates; alums; peroxosulphates (persulphates) export price amounted to $1,457 per ton, falling by -3.3% against the previous month. In general, export price indicated notable growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, sulphates; alums; peroxosulphates (persulphates) export price decreased by -19.7% against July 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 56% m-o-m. Over the period under review, the average export prices reached the maximum at $1,843 per ton in January 2023; however, from February 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Japan ($3,205 per ton), while the average price for exports to Cambodia ($188 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand
In 2022, sulphates; alums; peroxosulphates (persulphates) imports into Thailand rose rapidly to 297K tons, growing by 8.1% compared with the year before. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 52%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, sulphates; alums; peroxosulphates (persulphates) imports rose notably to $87M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.0 | 37.1 | 41.7 | 52.2 | 19.0% |
| Japan | 7.0 | 7.2 | 9.6 | 9.2 | 9.5% |
| Germany | 3.1 | 3.7 | 4.7 | 4.0 | 8.9% |
| India | 2.0 | 1.3 | 3.2 | 2.9 | 13.2% |
| Malaysia | 2.2 | 1.6 | 1.5 | 1.8 | -6.5% |
| Others | 10.8 | 13.4 | 15.7 | 16.5 | 15.2% |
| Total | 56.0 | 64.2 | 76.5 | 86.6 | 15.6% |
Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Thailand in 2022:
- China (271.1K tons)
- Germany (8.1K tons)
- India (4.8K tons)
- Malaysia (3.7K tons)
- Japan (3.4K tons)
Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand
In 2022, approx. 25K tons of sulphates; alums; peroxosulphates (persulphates)s were exported from Thailand; increasing by 3.5% against 2021 figures. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year.
In value terms, sulphates; alums; peroxosulphates (persulphates) exports expanded significantly to $35M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4.5 | 3.5 | 7.1 | 10.5 | 32.6% |
| Vietnam | 5.3 | 4.7 | 7.8 | 7.3 | 11.3% |
| Japan | 3.1 | 3.0 | 3.4 | 3.4 | 3.1% |
| Malaysia | 4.2 | 3.8 | 3.0 | 3.1 | -9.6% |
| Taiwan (Chinese) | 0.1 | N/A | 2.2 | 2.4 | 188.4% |
| Myanmar | 0.4 | 0.8 | 1.7 | 1.6 | 58.7% |
| Lao People's Democratic Republic | 1.2 | 1.0 | 0.6 | 1.4 | 5.3% |
| Cambodia | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| Others | 5.4 | 4.1 | 5.0 | 4.3 | -7.3% |
| Total | 24.6 | 21.4 | 31.4 | 34.5 | 11.9% |
Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Thailand in 2022:
- Myanmar (5.6K tons)
- Indonesia (4.3K tons)
- Lao People's Democratic Republic (3.9K tons)
- Vietnam (3.3K tons)
- Cambodia (2.9K tons)
- Malaysia (1.3K tons)
- Taiwan (Chinese) (1.2K tons)
- Japan (1.1K tons)
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