Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Thailand - 2023

Contents:

  1. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Thailand (CIF) - 2022
  2. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Thailand (FOB) - 2023
  3. Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Thailand
  4. Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Thailand

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Thailand (CIF) - 2022

The average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $397 per ton in 2022, picking up by 61% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates increased by +65.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($447 per ton) and Bulgaria ($371 per ton), while the price for Italy ($331 per ton) and Kenya ($336 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Thailand (FOB) - 2023

The average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $339 per ton in November 2023, approximately mirroring the previous month. Over the period under review, the export price saw a slight decline. The growth pace was the most rapid in April 2023 when the average export price increased by 8.7% against the previous month. As a result, the export price attained the peak level of $489 per ton. From May 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was South Korea ($755 per ton), while the average price for exports to Lao People's Democratic Republic ($87.0 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Thailand

In 2022, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates into Thailand expanded modestly to 895K tons, increasing by 2.5% on 2021. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 7.5%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates surged to $355M in 2022. In general, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China48.142.931.699.727.5%
United States73.462.477.589.16.7%
Turkey33.429.135.759.821.4%
Kenya23.811.513.724.00.3%
Bulgaria7.15.87.523.048.0%
Spain12.013.29.514.66.8%
Italy2.84.67.711.761.1%
Others25.125.432.433.410.0%
Total22619521635516.2%

Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Thailand in 2022:

  1. United States (255.8K tons)
  2. China (223.1K tons)
  3. Turkey (162.9K tons)
  4. Kenya (71.5K tons)
  5. Bulgaria (62.0K tons)
  6. Spain (40.1K tons)
  7. Italy (35.5K tons)

Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Thailand

In 2022, overseas shipments of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates decreased by -1.4% to 137K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, the exports reached the peak of 148K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates expanded sharply to $46M in 2022. Overall, exports, however, saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.512.315.417.923.5%
India7.45.13.24.9-12.8%
Myanmar2.11.82.24.831.7%
Vietnam7.85.74.23.4-24.2%
Cambodia2.33.63.83.211.6%
Indonesia3.12.02.93.10.0%
Japan1.92.12.61.90.0%
South Korea1.62.01.31.72.0%
Malaysia2.51.71.21.4-17.6%
Lao People's Democratic Republic0.70.80.70.70.0%
Bangladesh0.50.30.30.3-15.7%
Others5.54.32.72.7-21.1%
Total45.041.840.645.90.7%

Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Thailand in 2022:

  1. China (46.0K tons)
  2. Cambodia (28.4K tons)
  3. Myanmar (17.2K tons)
  4. Vietnam (9.9K tons)
  5. Indonesia (6.1K tons)
  6. India (6.0K tons)
  7. Lao People's Democratic Republic (5.2K tons)
  8. Japan (5.0K tons)
  9. Malaysia (3.1K tons)
  10. South Korea (2.7K tons)
  11. Bangladesh (1.6K tons)

Source: IndexBox Market Intelligence Platform

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