Thailand - Worked Articles Of Wax - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWorked Wax Articles Price in Thailand - 2023
Contents:
- Worked Wax Articles Price in Thailand (CIF) - 2022
- Worked Wax Articles Price in Thailand (FOB) - 2022
- Worked Wax Articles Imports in Thailand
- Worked Wax Articles Exports in Thailand
Worked Wax Articles Price in Thailand (CIF) - 2022
The average worked wax articles import price stood at $5.3 per thousand units in 2022, jumping by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 40%. Over the period under review, average import prices hit record highs at $6.8 per thousand units in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($10 per thousand units), while the price for China ($4.6 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Worked Wax Articles Price in Thailand (FOB) - 2022
In 2022, the average worked wax articles export price amounted to $2.5 per thousand units, declining by -6.3% against the previous year. Overall, the export price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 60%. The export price peaked at $2.7 per thousand units in 2021, and then declined in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($6.6 per thousand units), while the average price for exports to the Netherlands ($1 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.
Worked Wax Articles Imports in Thailand
In 2022, purchases abroad of worked articles of wax decreased by -32.5% to 3B units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 63% against the previous year. Over the period under review, imports attained the peak figure at 4.4B units in 2021, and then declined notably in the following year.
In value terms, worked wax articles imports shrank remarkably to $16M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 25%. Imports peaked at $20M in 2021, and then contracted remarkably in the following year.
Import of Worked Wax Articles in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.7 | 9.1 | 9.9 | 6.3 | -2.0% |
Indonesia | 1.1 | 1.6 | 3.6 | 4.5 | 59.9% |
Vietnam | 2.3 | 2.5 | 2.8 | 2.3 | 0.0% |
India | 2.6 | 2.7 | 2.7 | 1.8 | -11.5% |
Others | 0.7 | 1.0 | 0.6 | 0.7 | 0.0% |
Total | 13.5 | 16.9 | 19.5 | 15.7 | 5.2% |
Top Suppliers of Worked Wax Articles to Thailand in 2022:
- China (1367.0M units)
- Indonesia (776.3M units)
- Vietnam (394.6M units)
- India (343.1M units)
Worked Wax Articles Exports in Thailand
In 2022, overseas shipments of worked articles of wax increased by 98% to 202M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a drastic downturn. The exports peaked at 331M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, worked wax articles exports soared to $508K in 2022. Over the period under review, exports, however, saw a abrupt slump. The exports peaked at $726K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Worked Wax Articles in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 387 | 39.8 | 33.6 | 209 | -18.6% |
Lao People's Democratic Republic | 140 | 122 | 101 | 105 | -9.1% |
Myanmar | 0.2 | 0.9 | 3.0 | 73.7 | 616.9% |
Indonesia | N/A | 41.3 | N/A | 26.3 | -20.2% |
Vietnam | 32.2 | 7.7 | 2.3 | 26.1 | -6.8% |
India | 4.7 | 0.2 | N/A | 23.1 | 70.0% |
France | 39.6 | 42.4 | 0.5 | 2.3 | -61.3% |
United States | 11.9 | 12.2 | 47.2 | 1.6 | -48.8% |
Spain | 19.9 | 7.2 | N/A | 1.1 | -61.9% |
United Kingdom | 36.8 | 0.1 | 0.1 | 0.1 | -86.0% |
Denmark | 11.9 | N/A | N/A | N/A | 0% |
Others | 41.6 | 22.9 | 85.6 | 39.6 | -1.6% |
Total | 726 | 296 | 273 | 508 | -11.2% |
Top Export Markets for Worked Wax Articles from Thailand in 2022:
- United Kingdom (undefinedM units)
- Maldives (130.2M units)
- India (19.3M units)
- Lao People's Democratic Republic (18.3M units)
- Myanmar (14.9M units)
- Indonesia (7.1M units)
- Vietnam (5.1M units)
- France (0.9M units)
- Spain (0.5M units)
- United States (0.3M units)
This report provides an in-depth analysis of the worked wax articles 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 32995940 - Worked vegetable or mineral..., moulded... articles of wax, s tearin,
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
This report provides an in-depth analysis of the worked wax articles market in Thailand.
This report provides an in-depth analysis of the global worked wax articles market.
This report provides an in-depth analysis of the worked wax articles market in Thailand.
This report provides an in-depth analysis of the global worked wax articles market.
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