Thailand: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Thailand

For the fifth year in a row, the Thai mixed alkylbenzenes, mixed alkylnaphthalenes market recorded decline in sales value, which decreased by X% to $X in 2023. Over the period under review, consumption showed a abrupt downturn. Mixed alkylbenzenes, mixed alkylnaphthalenes consumption peaked at $X in 2015; however, from 2016 to 2023, consumption stood at a somewhat lower figure.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Thailand

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production amounted to $X in 2023 estimated in export price. Overall, production saw strong growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Mixed alkylbenzenes, mixed alkylnaphthalenes production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from Thailand

In 2023, shipments abroad of mixed alkylbenzenes, mixed alkylnaphthalenes increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports fell to $X in 2023. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2022, and then contracted in the following year.

Exports by Country

India (X tons) was the main destination for mixed alkylbenzenes, mixed alkylnaphthalenes exports from Thailand, with a X% share of total exports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes exports to India exceeded the volume sent to the second major destination, Vietnam (X tons), fourfold. South Korea (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and South Korea (X% per year).

In value terms, India ($X) remains the key foreign market for mixed alkylbenzenes, mixed alkylnaphthalenes exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and South Korea (X% per year).

Export Prices by Country

In 2023, the average mixed alkylbenzenes, mixed alkylnaphthalenes export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Vietnam ($X per ton) and South Korea ($X per ton), while the average price for exports to China ($X per ton) and Pakistan ($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 Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into Thailand

In 2023, purchases abroad of mixed alkylbenzenes, mixed alkylnaphthalenes increased by X% to X tons, rising for the second year in a row after seven years of decline. Over the period under review, imports, however, faced a dramatic curtailment. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports rose slightly to $X in 2023. In general, imports, however, faced a sharp setback. The pace of growth was the most pronounced in 2022 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Thailand, with a X% share of total imports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), twofold. Saudi Arabia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Saudi Arabia (X% per year).

In value terms, China ($X) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Thailand, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

In 2023, the average mixed alkylbenzenes, mixed alkylnaphthalenes import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform