Price for Carbides, Whether or Not Chemically Defined in Thailand - 2023
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Thailand (CIF) - 2023
- Price for Carbides, Whether or Not Chemically Defined in Thailand (FOB) - 2022
- Imports of Carbides, Whether or Not Chemically Defined in Thailand
- Exports of Carbides, Whether or Not Chemically Defined in Thailand
Price for Carbides, Whether or Not Chemically Defined in Thailand (CIF) - 2023
The average import price for carbides, whether or not chemically defineds stood at $1,044 per ton in November 2023, dropping by -11% against the previous month. In general, the import price saw a slight slump. The growth pace was the most rapid in December 2022 an increase of 57% m-o-m. As a result, import price attained the peak level of $1,842 per ton. From January 2023 to November 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($1,002 per ton), while the price for Vietnam stood at $993 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.2%).
Price for Carbides, Whether or Not Chemically Defined in Thailand (FOB) - 2022
In 2022, the average export price for carbides, whether or not chemically defineds amounted to $767 per ton, with a decrease of -33.1% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 188% against the previous year. The export price peaked at $3,443 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($738 per ton), while the average price for exports to Vietnam ($196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (-12.3%), while the prices for the other major destinations experienced a decline.
Imports of Carbides, Whether or Not Chemically Defined in Thailand
After three years of growth, supplies from abroad of carbides, whether or not chemically defineds decreased by -1.4% to 15K tons in 2022. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports attained the peak of 15K tons, and then contracted modestly in the following year.
In value terms, imports of carbides, whether or not chemically defineds soared to $26M in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 92%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Carbides, Whether or Not Chemically Defined in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.9 | 10.0 | 19.4 | 23.4 | 33.2% |
| Others | 2.0 | 0.9 | 1.7 | 2.2 | 3.2% |
| Total | 11.9 | 11.0 | 21.1 | 25.6 | 29.1% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Thailand in 2022:
- China (14.6K tons)
Exports of Carbides, Whether or Not Chemically Defined in Thailand
In 2022, overseas shipments of carbides, whether or not chemically defineds decreased by -8.8% to 241 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 156%.
In value terms, exports of carbides, whether or not chemically defineds fell notably to $185K in 2022. Over the period under review, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year.
| Export of Carbides, Whether or Not Chemically Defined in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.2 | 41.4 | 69.4 | 34.1 | 205.2% |
| Myanmar | 28.7 | 3.1 | 4.6 | 10.4 | -28.7% |
| Lao People's Democratic Republic | 9.8 | 26.1 | 16.7 | 5.5 | -17.5% |
| Cambodia | 13.3 | 24.1 | 26.2 | 3.9 | -33.6% |
| Maldives | 0.1 | N/A | N/A | 3.7 | 233.2% |
| Japan | N/A | 0.7 | N/A | 1.8 | 60.4% |
| Saudi Arabia | N/A | 12.4 | N/A | N/A | 0% |
| Others | 87.3 | 125 | 185 | 125 | 12.7% |
| Total | 140 | 233 | 302 | 185 | 9.7% |
Top Export Markets for Carbides, Whether or Not Chemically Defined from Thailand in 2022:
- Vietnam (173.5 tons)
- Myanmar (27.4 tons)
- Cambodia (11.5 tons)
- Japan (8.7 tons)
- Lao People's Democratic Republic (8.2 tons)
- Maldives (5.1 tons)
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