Thailand - Octanol (Octyl Alcohol) And Isomers Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOctyl Alcohol Price in Thailand - 2023
Contents:
- Octyl Alcohol Price in Thailand (CIF) - 2023
- Octyl Alcohol Price in Thailand (FOB) - 2023
- Octyl Alcohol Imports in Thailand
- Octyl Alcohol Exports in Thailand
Octyl Alcohol Price in Thailand (CIF) - 2023
In September 2023, the average octyl alcohol import price amounted to $1,364 per ton, growing by 20% against the previous month. Over the period under review, import price indicated a modest increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, octyl alcohol import price increased by +20.0% against August 2023 indices. The growth pace was the most rapid in October 2022 when the average import price increased by 98% month-to-month. As a result, import price reached the peak level of $2,324 per ton. From November 2022 to September 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Indonesia ($1,463 per ton), while the price for Saudi Arabia ($1,323 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+1.3%), while the prices for the other major suppliers experienced a decline.
Octyl Alcohol Price in Thailand (FOB) - 2023
The average octyl alcohol export price stood at $2,095 per ton in September 2023, jumping by 19% against the previous month. Overall, the export price, however, saw a abrupt descent. The export price peaked at $4,368 per ton in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the highest price was recorded for prices to Japan ($2,425 per ton) and South Korea ($1,971 per ton), while the average price for exports to India ($1,928 per ton) and China ($1,953 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced a decline.
Octyl Alcohol Imports in Thailand
In 2022, overseas purchases of octanol (octyl alcohol) and isomers thereof decreased by -34.5% to 16K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, imports reached the peak of 27K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, octyl alcohol imports dropped rapidly to $25M in 2022. In general, imports, however, continue to indicate a noticeable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 94%. As a result, imports attained the peak of $43M, and then dropped rapidly in the following year.
| Import of Octyl Alcohol in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 9.5 | 11.8 | 23.1 | 14.3 | 14.6% |
| Malaysia | 9.7 | 8.1 | 15.9 | 8.5 | -4.3% |
| South Korea | 1.5 | 1.1 | 2.2 | 0.7 | -22.4% |
| Japan | 0.2 | 0.2 | 0.5 | 0.6 | 44.2% |
| Singapore | N/A | 0.1 | N/A | 0.4 | 100.0% |
| Indonesia | 1.6 | 0.9 | 0.4 | 0.3 | -42.8% |
| Taiwan (Chinese) | N/A | 0.2 | 1.3 | 0.1 | -29.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.4 | 22.3 | 43.4 | 25.0 | 3.7% |
Top Suppliers of Octyl Alcohol to Thailand in 2022:
- Saudi Arabia (9.5K tons)
- Malaysia (5.7K tons)
- South Korea (0.6K tons)
- Singapore (0.3K tons)
- Japan (0.3K tons)
- Indonesia (0.2K tons)
- Taiwan (Chinese) (0.1K tons)
Octyl Alcohol Exports in Thailand
In 2022, the amount of octanol (octyl alcohol) and isomers thereof exported from Thailand dropped to 3K tons, declining by -7% on the previous year's figure. Over the period under review, exports saw a dramatic shrinkage.
In value terms, octyl alcohol exports surged to $12M in 2022. In general, exports, however, continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Octyl Alcohol in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 1.8 | 3.3 | 6.9 | 18.0% |
| India | 2.7 | 1.5 | 0.9 | 3.7 | 11.1% |
| South Korea | N/A | 0.1 | 0.2 | 1.1 | 231.7% |
| Japan | 1.5 | 0.5 | 0.3 | 0.5 | -30.7% |
| Malaysia | N/A | 1.1 | N/A | N/A | 0% |
| United Kingdom | N/A | 1.3 | 1.3 | N/A | 0.0% |
| Taiwan (Chinese) | 0.9 | N/A | 0.1 | N/A | -66.7% |
| Others | 0.3 | 0.2 | 0.2 | N/A | -18.4% |
| Total | 9.7 | 6.6 | 6.2 | 12.3 | 8.2% |
Top Export Markets for Octyl Alcohol from Thailand in 2022:
- Malaysia (undefinedK tons)
- China (3.3K tons)
- India (2.2K tons)
- South Korea (0.3K tons)
- Japan (0.1K tons)
This report provides an in-depth analysis of the octyl alcohol 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 20142263 - Octanol (octyl alcohol) and isomers thereof
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
-
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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