Price for Alkaloids, Vegetable; Caffeine and Its Salts in Thailand - 2024

Contents:

  1. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Thailand (CIF) - 2024
  2. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Thailand (FOB) - 2022
  3. Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Thailand
  4. Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Thailand

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Thailand (CIF) - 2024

In January 2024, the average import price for alkaloids, vegetable; caffeine and its saltses amounted to $16,283 per ton, growing by 28% against the previous month. Overall, the import price, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in December 2023 an increase of 136% m-o-m. The import price peaked at $27,208 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($27,268 per ton), while the price for China totaled $14,353 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Thailand (FOB) - 2022

In 2022, the average export price for alkaloids, vegetable; caffeine and its saltses amounted to $23,869 per ton, reducing by -7.9% against the previous year. In general, the export price, however, showed a resilient increase. The export price peaked at $25,922 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($35,077 per ton), while the average price for exports to the UK amounted to $13,234 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Thailand

For the third consecutive year, Thailand recorded decline in purchases abroad of alkaloids, vegetable; caffeine and its saltses, which decreased by -7.2% to 381 tons in 2022. Overall, imports showed a abrupt descent. The smallest decline of -3.3% was in 2020.

In value terms, imports of alkaloids, vegetable; caffeine and its saltses soared to $7M in 2022. The total import value increased at an average annual rate of +9.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alkaloids, Vegetable; Caffeine and Its Salts in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.62.12.95.349.1%
India1.00.90.50.8-7.2%
NetherlandsN/AN/AN/A0.50%
Germany2.62.41.40.3-51.3%
Others0.1N/A0.1N/A0.0%
Total5.35.54.97.09.7%

Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Thailand in 2022:

  1. China (311.7 tons)
  2. India (33.2 tons)
  3. Netherlands (20.0 tons)
  4. Germany (15.4 tons)

Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Thailand

In 2022, approx. 9 tons of alkaloids, vegetable; caffeine and its saltses were exported from Thailand; picking up by 1,390% on 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of alkaloids, vegetable; caffeine and its saltses soared to $215K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Alkaloids, Vegetable; Caffeine and Its Salts in Thailand (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
MyanmarN/A1550%
United KingdomN/A58.50%
Others15.71.3-91.7%
Total15.72151269.4%

Top Export Markets for Alkaloids, Vegetable; Caffeine and Its Salts from Thailand in 2022:

  1. United Kingdom (4.4 tons)
  2. Myanmar (4.4 tons)

Source: IndexBox Market Intelligence Platform

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