Price for Ivory and Articles Thereof; Worked in Thailand - 2023

Contents:

1. Price for Ivory and Articles Thereof; Worked in Thailand (FOB) - 2022
2. Price for Ivory and Articles Thereof; Worked in Thailand (CIF) - 2022
3. Exports of Ivory and Articles Thereof; Worked in Thailand
4. Imports of Ivory and Articles Thereof; Worked in Thailand

Price for Ivory and Articles Thereof; Worked in Thailand (FOB) - 2022

The average export price for ivory and articles thereof; worked stood at $10,536 per ton in 2022, surging by 6.6% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by 131% against the previous year. The export price peaked at $67,475 per ton in 2014; however, from 2015 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 Japan ($11,985 per ton), while the average price for exports to the UK ($851 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 Japan (-14.9%), while the prices for the other major destinations experienced a decline.

Price for Ivory and Articles Thereof; Worked in Thailand (CIF) - 2022

In 2022, the average import price for ivory and articles thereof; worked amounted to $3,364 per ton, flattening at the previous year. Overall, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of 996% against the previous year. The import price peaked at $108,243 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($94,742 per ton), while the price for China stood at $2,292 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+197.6%).

Exports of Ivory and Articles Thereof; Worked in Thailand

In 2022, overseas shipments of ivory and articles thereof; worked were finally on the rise to reach 51 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt contraction.

In value terms, ivory and articles thereof; worked exports surged to $536 in 2022. Over the period under review, exports, however, showed a precipitous decline.

Top Export Markets for Ivory and Articles Thereof; Worked from Thailand in 2022:

1. Japan (30.0 kg)
2. Singapore (16.0 kg)
3. China (2.0 kg)
4. Turkey (1.0 kg)
5. United Kingdom (1.0 kg)
6. Switzerland (1.0 kg)

Imports of Ivory and Articles Thereof; Worked in Thailand

For the third consecutive year, Thailand recorded decline in purchases abroad of ivory and articles thereof; worked, which decreased by 0% to 9.6 tons in 2022. In general, imports showed significant growth. The smallest decline of -49.7% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, ivory and articles thereof; worked imports stood at $32K in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Ivory and Articles Thereof; Worked to Thailand in 2022:

1. China (9.6 tons)

Source: IndexBox Market Intelligence Platform