Price for Lecithins and Other Phosphoaminolipids in Thailand - 2024
Contents:
- Price for Lecithins and Other Phosphoaminolipids in Thailand (CIF) - 2024
- Price for Lecithins and Other Phosphoaminolipids in Thailand (FOB) - 2024
- Imports of Lecithins and Other Phosphoaminolipids in Thailand
- Exports of Lecithins and Other Phosphoaminolipids in Thailand
Price for Lecithins and Other Phosphoaminolipids in Thailand (CIF) - 2024
The average lecithins and other phosphoaminolipids import price stood at $2,634 per ton in November 2023, approximately reflecting the previous month. In general, the import price saw a noticeable decline. The growth pace was the most rapid in August 2023 an increase of 170% against the previous month. As a result, import price reached the peak level of $4,841 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($5,734 per ton), while the price for Argentina ($990 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by China (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lecithins and Other Phosphoaminolipids in Thailand (FOB) - 2024
In November 2023, the average lecithins and other phosphoaminolipids export price amounted to $1,126 per ton, rising by 6.1% against the previous month. In general, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 24% m-o-m. The export price peaked at $1,945 per ton in January 2023; however, from February 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($2,170 per ton), while the average price for exports to Vietnam ($931 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lecithins and Other Phosphoaminolipids in Thailand
In 2022, the amount of lecithins and other phosphoaminolipidses imported into Thailand amounted to 9.1K tons, increasing by 8.8% on the previous year's figure. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.2% 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 +78.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, lecithins and other phosphoaminolipids imports rose notably to $16M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.5% 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 +92.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Lecithins and Other Phosphoaminolipids in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 2.6 | 1.3 | 2.2 | 4.5 | 20.1% |
| India | 1.0 | 1.2 | 1.8 | 2.2 | 30.1% |
| Taiwan (Chinese) | N/A | 0.7 | 1.0 | 2.1 | 73.2% |
| United States | 1.9 | 1.7 | 2.6 | 1.9 | 0.0% |
| China | 1.3 | 1.0 | 0.5 | 1.7 | 9.4% |
| Netherlands | 0.2 | 0.6 | 0.8 | 1.4 | 91.3% |
| Germany | 1.0 | 3.9 | 5.1 | 1.0 | 0.0% |
| Others | 0.3 | 0.5 | 0.6 | 1.1 | 54.2% |
| Total | 8.3 | 10.8 | 14.5 | 15.9 | 24.2% |
Top Suppliers of Lecithins and Other Phosphoaminolipids to Thailand in 2022:
- Argentina (3.6K tons)
- Taiwan (Chinese) (1.5K tons)
- India (1.2K tons)
- United States (0.8K tons)
- China (0.7K tons)
- Netherlands (0.6K tons)
- Germany (0.3K tons)
Exports of Lecithins and Other Phosphoaminolipids in Thailand
In 2022, shipments abroad of lecithins and other phosphoaminolipidses decreased by -63.3% to 1.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 455% against the previous year.
In value terms, lecithins and other phosphoaminolipids exports contracted sharply to $2.2M in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 181% against the previous year.
| Export of Lecithins and Other Phosphoaminolipids in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 548 | 1,720 | 2,478 | 1,101 | 26.2% |
| Indonesia | 209 | 392 | 632 | 800 | 56.4% |
| Singapore | N/A | 39.1 | 108 | 114 | 70.8% |
| Malaysia | N/A | 343 | 181 | 87.0 | -49.6% |
| Philippines | 128 | 113 | 61.6 | 20.4 | -45.8% |
| Others | 130 | 242 | 145 | 103 | -7.5% |
| Total | 1,015 | 2,849 | 3,606 | 2,225 | 29.9% |
Top Export Markets for Lecithins and Other Phosphoaminolipids from Thailand in 2022:
- Vietnam (814.8 tons)
- Indonesia (605.6 tons)
- Singapore (88.2 tons)
- Malaysia (66.5 tons)
- Philippines (16.0 tons)
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