Thailand - Nitrates Of Potassium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Nitrate Price in Thailand - 2023
Contents:
- Potassium Nitrate Price in Thailand (CIF) - 2022
- Potassium Nitrate Price in Thailand (FOB) - 2023
- Potassium Nitrate Imports in Thailand
- Potassium Nitrate Exports in Thailand
Potassium Nitrate Price in Thailand (CIF) - 2022
The average potassium nitrate import price stood at $1,365 per ton in 2022, with an increase of 63% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 India ($2,268 per ton), while the price for Chile ($1,275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassium Nitrate Price in Thailand (FOB) - 2023
The average potassium nitrate export price stood at $1,242 per ton in July 2023, falling by -9.9% against the previous month. Over the period under review, the export price saw a noticeable contraction. The growth pace was the most rapid in August 2022 when the average export price increased by 20% month-to-month. As a result, the export price attained the peak level of $1,942 per ton. From September 2022 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Australia ($2,081 per ton), while the average price for exports to Vietnam amounted to $1,184 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Potassium Nitrate Imports in Thailand
Potassium nitrate imports into Thailand skyrocketed to 15K tons in 2022, with an increase of 21% against 2021. The total import volume increased at an average annual rate of +5.2% over the period 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 with an increase of 30% against the previous year. As a result, imports reached the peak of 17K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, potassium nitrate imports skyrocketed to $21M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Potassium Nitrate in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 5.6 | 8.2 | 6.2 | 14.8 | 38.3% |
| Chile | 1.7 | 2.5 | 2.0 | 2.6 | 15.2% |
| China | 2.9 | 2.5 | 1.4 | 2.1 | -10.2% |
| India | 0.6 | 0.6 | 0.5 | 0.7 | 5.3% |
| Jordan | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Others | 0.4 | 0.5 | 0.4 | 0.4 | 0.0% |
| Total | 11.5 | 14.6 | 10.7 | 21.1 | 22.4% |
Top Suppliers of Potassium Nitrate to Thailand in 2022:
- Israel (11.2K tons)
- Chile (2.0K tons)
- China (1.6K tons)
- India (0.3K tons)
- Jordan (0.2K tons)
Potassium Nitrate Exports in Thailand
In 2022, the amount of potassium nitrates exported from Thailand reduced notably to 3.2K tons, falling by -25.7% on the previous year's figure. Overall, exports showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 6% against the previous year.
In value terms, potassium nitrate exports skyrocketed to $5.2M in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Potassium Nitrate in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 2,356 | 1,898 | 2,565 | 2,070 | -4.2% |
| Malaysia | 651 | 688 | 825 | 1,537 | 33.2% |
| Japan | 336 | 449 | 394 | 808 | 34.0% |
| Philippines | 248 | 319 | 253 | 397 | 17.0% |
| Australia | 77.9 | 118 | 158 | 245 | 46.5% |
| India | N/A | N/A | 19.6 | 106 | 440.8% |
| Cambodia | 160 | 264 | 24.0 | N/A | -61.3% |
| Indonesia | 138 | 166 | N/A | N/A | 20.3% |
| Others | 109 | 32.9 | 74.3 | 29.1 | -35.6% |
| Total | 4,078 | 3,935 | 4,313 | 5,191 | 8.4% |
Top Export Markets for Potassium Nitrate from Thailand in 2022:
- Vietnam (1316.3 tons)
- Malaysia (1008.1 tons)
- Japan (520.7 tons)
- Philippines (195.0 tons)
- Australia (100.0 tons)
- India (72.0 tons)
This report provides an in-depth analysis of the potassium nitrate 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:
- FCL 4025 - Potassium nitrate
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
386
This report provides an in-depth analysis of the potassium nitrate market in Thailand.
316
This report provides an in-depth analysis of the nitrates market in Thailand.
439
This report provides an in-depth analysis of the nitrites market in Thailand.
825
This report provides an in-depth analysis of the global potassium nitrate market.
890
This report provides an in-depth analysis of the global nitrates market.
547
This report provides an in-depth analysis of the global nitrites market.
386
This report provides an in-depth analysis of the potassium nitrate market in Thailand.
316
This report provides an in-depth analysis of the nitrates market in Thailand.
439
This report provides an in-depth analysis of the nitrites market in Thailand.
825
This report provides an in-depth analysis of the global potassium nitrate market.
1013
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915
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
636
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
1013
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1335
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
915
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
636
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
