Thailand - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThailand: Market for Polyethylene in Primary Forms 2024
Market Size for Polyethylene in Primary Forms in Thailand
In 2023, the Thai polyethylene in primary forms market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Polyethylene in primary forms consumption peaked at $X in 2022, and then reduced in the following year.
Production of Polyethylene in Primary Forms in Thailand
In value terms, polyethylene in primary forms production rose rapidly to $X in 2023 estimated in export price. In general, production, however, recorded a mild setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Polyethylene in primary forms production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.
Exports of Polyethylene in Primary Forms
Exports from Thailand
Polyethylene in primary forms exports from Thailand expanded significantly to X tons in 2023, with an increase of X% against the previous year. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.
In value terms, polyethylene in primary forms exports dropped to $X in 2023. Over the period under review, exports, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
China (X tons), Indonesia (X tons) and Vietnam (X tons) were the main destinations of polyethylene in primary forms exports from Thailand, together accounting for X% of total exports. Australia, Japan, India, Myanmar, Malaysia and the Philippines lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Myanmar (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for polyethylene in primary forms exported from Thailand were China ($X), Indonesia ($X) and Australia ($X), together accounting for X% of total exports. Vietnam, Japan, India, Myanmar, Malaysia and the Philippines lagged somewhat behind, together accounting for a further X%.
Myanmar, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average polyethylene in primary forms export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price saw a perceptible setback. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Australia ($X per ton) and Japan ($X per ton), while the average price for exports to China ($X per ton) and Vietnam ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced a decline.
Imports of Polyethylene in Primary Forms
Imports into Thailand
Polyethylene in primary forms imports into Thailand reduced to X tons in 2023, falling by X% on the previous year. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.
In value terms, polyethylene in primary forms imports contracted sharply to $X in 2023. Overall, imports showed a slight decline. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2022, and then dropped markedly in the following year.
Imports by Country
Malaysia (X tons), Saudi Arabia (X tons) and Singapore (X tons) were the main suppliers of polyethylene in primary forms imports to Thailand, together accounting for X% of total imports. Qatar, South Korea, the United States, the United Arab Emirates, Japan, Kuwait, Belgium, Oman and Brazil lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Oman (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Malaysia ($X), Saudi Arabia ($X) and Singapore ($X) appeared to be the largest polyethylene in primary forms suppliers to Thailand, with a combined X% share of total imports. South Korea, Qatar, Japan, the United States, Brazil, the United Arab Emirates, Belgium, Kuwait and Oman lagged somewhat behind, together accounting for a further X%.
In terms of the main suppliers, Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average polyethylene in primary forms import price stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for polyethylene in primary forms in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
- Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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