Thailand - Feldspar - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThailand's Feldspar Export Experiences a Minor Drop, Reaching $36 Million in 2023
Thailand Feldspar Exports
In 2023, shipments abroad of feldspar decreased by -0.9% to 1M tons for the first time since 2019, thus ending a three-year rising trend. In general, total exports indicated tangible growth from 2013 to 2023: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by +69.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports attained the peak figure at 1M tons in 2022, and then dropped in the following year.
In value terms, feldspar exports dropped slightly to $36M (IndexBox estimates) in 2023. Over the period under review, total exports indicated resilient growth from 2013 to 2023: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by +48.7% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 30% against the previous year. The exports peaked at $36M in 2022, and then declined in the following year.
| COUNTRY | Export Value of Feldspar in Thailand (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Bangladesh | 2.9 | 5.4 | 6.0 | 7.1 | 9.8 | 12.4 | 12.3 | 12.7 | 18.0 | 21.0 | 21.9 |
| India | 1.0 | 1.4 | 1.2 | 0.5 | N/A | 1.8 | 5.1 | 5.4 | 4.4 | 8.3 | 7.8 |
| Indonesia | 3.2 | 5.0 | 5.5 | 3.0 | 2.6 | 3.4 | 3.6 | 1.9 | 3.0 | 3.6 | 2.9 |
| South Korea | N/A | N/A | N/A | N/A | N/A | N/A | 0.1 | N/A | 0.1 | 1.7 | 0.9 |
| Malaysia | 4.0 | 4.5 | 3.9 | 2.9 | 3.2 | 2.9 | 0.3 | 0.3 | 0.3 | 0.9 | 0.7 |
| Japan | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.2 | 0.6 |
| Vietnam | 0.9 | 1.4 | 1.1 | 1.1 | 1.2 | 0.9 | 0.4 | 0.3 | 0.3 | 0.3 | 0.5 |
| United Arab Emirates | 7.3 | 6.9 | 4.7 | 3.5 | 6.0 | 5.3 | 3.7 | 2.7 | 2.7 | N/A | N/A |
| Others | N/A | 0.4 | N/A | N/A | 0.1 | 0.2 | 0.5 | 0.5 | 0.2 | 0.4 | 0.2 |
| Total | 19.2 | 25.0 | 22.4 | 18.1 | 23.1 | 26.9 | 25.9 | 23.9 | 28.9 | 36.2 | 35.6 |
Exports by Country
Bangladesh (864K tons) was the main destination for feldspar exports from Thailand, with a 85% share of total exports. Moreover, feldspar exports to Bangladesh exceeded the volume sent to the second major destination, Indonesia (101K tons), ninefold. The third position in this ranking was held by India (27K tons), with a 2.6% share.
From 2013 to 2023, the average annual rate of growth in terms of volume to Bangladesh totaled +15.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-1.0% per year) and India (-3.8% per year).
In value terms, Bangladesh ($22M) remains the key foreign market for feldspar exports from Thailand, comprising 62% of total exports. The second position in the ranking was held by India ($7.8M), with a 22% share of total exports. It was followed by Indonesia, with an 8.1% share.
From 2013 to 2023, the average annual growth rate of value to Bangladesh totaled +22.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+23.3% per year) and Indonesia (-1.1% per year).
Export Prices by Country
In 2023, the feldspar price amounted to $35 per ton (FOB, Thailand), approximately mirroring the previous year. Overall, export price indicated a perceptible increase from 2013 to 2023: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, feldspar export price increased by +22.2% against 2021 indices. The most prominent rate of growth was recorded in 2019 an increase of 54%. As a result, the export price reached the peak level of $43 per ton. From 2020 to 2023, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($293 per ton), while the average price for exports to Bangladesh ($25 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the feldspar 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:
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
