Thailand - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpansible Polystyrene Price in Thailand - 2023
Contents:
- Expansible Polystyrene Price in Thailand (CIF) - 2023
- Expansible Polystyrene Price in Thailand (FOB) - 2023
- Expansible Polystyrene Imports in Thailand
- Expansible Polystyrene Exports in Thailand
Expansible Polystyrene Price in Thailand (CIF) - 2023
The average expansible polystyrene import price stood at $1,364 per ton in July 2023, reducing by -4.6% against the previous month. Overall, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in January 2023 an increase of 6.7% against the previous month. Over the period under review, average import prices hit record highs at $1,896 per ton in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($4,969 per ton), while the price for Vietnam ($1,264 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.1%), while the prices for the other major suppliers experienced a decline.
Expansible Polystyrene Price in Thailand (FOB) - 2023
The average expansible polystyrene export price stood at $1,544 per ton in July 2023, rising by 2.6% against the previous month. In general, the export price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in December 2022 an increase of 45% month-to-month. As a result, the export price reached the peak level of $2,223 per ton. From January 2023 to July 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In July 2023, the country with the highest price was the Philippines ($1,644 per ton), while the average price for exports to Vietnam stood at $1,388 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (-0.3%), while the prices for the other major destinations experienced a decline.
Expansible Polystyrene Imports in Thailand
In 2022, approx. 46K tons of expansible polystyrene in primary forms were imported into Thailand; jumping by 38% on 2021. Over the period under review, imports posted a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, expansible polystyrene imports surged to $83M in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 73% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Expansible Polystyrene in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.0 | 8.3 | 10.4 | 35.2 | 30.1% |
| Taiwan (Chinese) | 18.3 | 20.7 | 43.1 | 35.0 | 24.1% |
| Vietnam | 3.9 | 4.3 | 6.6 | 8.7 | 30.7% |
| Japan | 2.8 | 3.7 | 4.0 | 3.6 | 8.7% |
| Others | 1.6 | 0.5 | 1.0 | 0.6 | -27.9% |
| Total | 42.6 | 37.5 | 65.0 | 83.1 | 24.9% |
Top Suppliers of Expansible Polystyrene to Thailand in 2022:
- China (20.6K tons)
- Taiwan (Chinese) (18.9K tons)
- Vietnam (5.3K tons)
- Japan (0.9K tons)
Expansible Polystyrene Exports in Thailand
In 2022, exports of expansible polystyrene in primary forms from Thailand totaled 14K tons, picking up by 1.8% compared with 2021 figures. Overall, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 16%. As a result, the exports reached the peak of 25K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, expansible polystyrene exports expanded to $20M in 2022. In general, exports, however, showed a abrupt descent.
| Export of Expansible Polystyrene in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 5.2 | 2.5 | 3.1 | 4.8 | -2.6% |
| Vietnam | 16.1 | 18.3 | 11.8 | 4.1 | -36.6% |
| Turkey | 0.1 | N/A | N/A | 1.3 | 135.1% |
| Myanmar | N/A | N/A | 0.1 | 1.2 | 1100.0% |
| Tanzania | N/A | N/A | 0.1 | 1.0 | 900.0% |
| Indonesia | 4.2 | 2.7 | 2.8 | 0.9 | -40.2% |
| China | 0.7 | 0.4 | 0.2 | 0.9 | 8.7% |
| Malaysia | 0.2 | 0.3 | 0.6 | 0.8 | 58.7% |
| Fiji | 0.1 | N/A | 0.1 | 0.6 | 81.7% |
| Hong Kong SAR | 0.1 | N/A | 0.1 | 0.5 | 71.0% |
| Others | 0.6 | 0.3 | 0.2 | 3.5 | 80.0% |
| Total | 27.4 | 24.5 | 19.0 | 19.6 | -10.6% |
Top Export Markets for Expansible Polystyrene from Thailand in 2022:
- Philippines (3.9K tons)
- Vietnam (3.5K tons)
- Myanmar (1.2K tons)
- Turkey (1.1K tons)
- Indonesia (0.8K tons)
- China (0.6K tons)
- Malaysia (0.5K tons)
- Fiji (0.4K tons)
- Tanzania (0.4K tons)
- Hong Kong SAR (0.3K tons)
This report provides an in-depth analysis of the expansible polystyrene market 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 20162035 - Expansible polystyrene, 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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The growth of Expansible Polystyrene was exceptionally rapid in November 2022, with a month-on-month increase of 26%. In terms of value, imports of Expansible Polystyrene surged to $6M in September 2023.
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The growth of Expansible Polystyrene was exceptionally rapid in November 2022, with a month-on-month increase of 26%. In terms of value, imports of Expansible Polystyrene surged to $6M in September 2023.
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