Report Update: May 1, 2024

Thailand - Animal Or Vegetable Fertilisers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Animal or Vegetable Fertilisers in Thailand - 2023

Price for Animal or Vegetable Fertilisers in Thailand (FOB) - 2023

In July 2023, the average animal or vegetable fertilisers export price amounted to $283 per ton, with an increase of 81% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 181% against the previous month. As a result, the export price reached the peak level of $470 per ton. From October 2022 to July 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Cambodia ($461 per ton), while the average price for exports to Lao People's Democratic Republic ($136 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Animal or Vegetable Fertilisers in Thailand (CIF) - 2022

The average animal or vegetable fertilisers import price stood at $362 per ton in 2022, with a decrease of -68.9% against the previous year. Over the period under review, the import price showed a noticeable decrease. The pace of growth was the most pronounced in 2015 an increase of 92% against the previous year. The import price peaked at $1,379 per ton in 2016; however, from 2017 to 2022, 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 Italy ($2,535 per ton), while the price for Lao People's Democratic Republic ($150 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Animal or Vegetable Fertilisers in Thailand

Animal or vegetable fertilisers exports from Thailand reduced dramatically to 20K tons in 2022, waning by -21.9% on 2021 figures. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 84%. As a result, the exports reached the peak of 26K tons, and then declined dramatically in the following year.

In value terms, animal or vegetable fertilisers exports contracted markedly to $3.7M in 2022. Over the period under review, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 65%.

Export of Animal or Vegetable Fertilisers in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cambodia	0.3	0.4	0.3	2.2	94.3%
Lao People's Democratic Republic	1.3	0.3	0.3	0.9	-11.5%
Japan	0.2	0.2	0.1	0.4	26.0%
Myanmar	3.9	2.3	4.7	N/A	9.8%
Others	0.3	N/A	N/A	0.1	-30.7%
Total	6.0	3.2	5.3	3.7	-14.9%

Top Export Markets for Animal or Vegetable Fertilisers from Thailand in 2022:

Cambodia (10.7K tons)
Lao People's Democratic Republic (7.1K tons)
Japan (1.6K tons)

Imports of Animal or Vegetable Fertilisers in Thailand

Animal or vegetable fertilisers imports into Thailand soared to 1.2K tons in 2022, increasing by 136% on 2021 figures. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, animal or vegetable fertilisers imports reduced markedly to $452K in 2022. Over the period under review, imports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 88%.

Import of Animal or Vegetable Fertilisers in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	168	55.4	18.9	285	19.3%
Lao People's Democratic Republic	5.5	17.9	61.7	75.1	139.0%
Italy	14.3	N/A	40.7	53.0	54.8%
United States	473	251	478	38.3	-56.7%
Others	9.4	3.0	16.0	0.6	-60.0%
Total	671	327	616	452	-12.3%

Top Suppliers of Animal or Vegetable Fertilisers to Thailand in 2022:

Vietnam (719.1 tons)
Lao People's Democratic Republic (500.3 tons)
Italy (20.9 tons)
United States (8.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for animal or vegetable fertilisers 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 20158000 - Animal or vegetable fertilisers

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023