Thailand - Hydrogen Peroxide - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThailand's Hydrogen Peroxide Exports Witness Significant Decline to $54 Million in 2023
Thailand Hydrogen Peroxide Exports
In 2023, shipments abroad of hydrogen peroxide decreased by -23.6% to 101K tons, falling for the second consecutive year after two years of growth. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 22%. The exports peaked at 144K tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.
In value terms, hydrogen peroxide exports declined notably to $54M (IndexBox estimates) in 2023. The total export value increased at an average annual rate of +1.6% over the period from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 30%. As a result, the exports reached the peak of $68M. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.
| COUNTRY | Export Value of Hydrogen Peroxide in Thailand (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Vietnam | 6.6 | 7.4 | 7.7 | 8.5 | 10.9 | 17.2 | 14.9 | 13.5 | 14.8 | 14.8 | 14.7 |
| Indonesia | 9.8 | 8.5 | 6.3 | 9.3 | 8.1 | 14.3 | 9.4 | 9.8 | 7.0 | 12.3 | 11.0 |
| Singapore | 3.4 | 3.9 | 3.8 | 4.7 | 5.2 | 6.0 | 5.8 | 5.9 | 6.8 | 8.6 | 8.3 |
| Malaysia | 3.2 | 4.0 | 3.5 | 2.5 | 3.4 | 5.7 | 3.9 | 4.1 | 4.0 | 3.9 | 4.5 |
| Taiwan (Chinese) | 3.5 | 4.4 | 6.1 | 6.1 | 5.4 | 6.5 | 6.7 | 7.0 | 6.6 | 6.3 | 2.5 |
| Cambodia | N/A | N/A | N/A | 0.2 | 0.4 | 0.5 | 0.2 | 0.2 | 0.2 | 0.5 | 2.2 |
| Philippines | 1.9 | 1.7 | 1.9 | 1.5 | 1.7 | 2.5 | 1.2 | 1.1 | 2.1 | 2.7 | 1.9 |
| India | 9.1 | 11.0 | 6.2 | 10.3 | 11.5 | 9.2 | 3.4 | 3.7 | 1.9 | 1.2 | 1.7 |
| China | 3.6 | 2.5 | 1.5 | 0.9 | 0.6 | 0.5 | 0.9 | 5.0 | 11.8 | 7.6 | 1.4 |
| Others | 4.9 | 6.0 | 6.6 | 5.7 | 5.1 | 5.8 | 8.6 | 7.9 | 5.8 | 7.6 | 5.7 |
| Total | 46.1 | 49.4 | 43.5 | 49.7 | 52.4 | 68.3 | 54.9 | 58.3 | 61.1 | 65.6 | 53.9 |
Exports by Country
Vietnam (30K tons), Indonesia (24K tons) and Singapore (12K tons) were the main destinations of hydrogen peroxide exports from Thailand, with a combined 65% share of total exports. Malaysia, Taiwan (Chinese), Cambodia, China, the Philippines and India lagged somewhat behind, together accounting for a further 24%.
From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cambodia (with a CAGR of +57.4%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for hydrogen peroxide exported from Thailand were Vietnam ($15M), Indonesia ($11M) and Singapore ($8.3M), with a combined 63% share of total exports. Malaysia, Taiwan (Chinese), Cambodia, the Philippines, India and China lagged somewhat behind, together accounting for a further 26%.
Cambodia, with a CAGR of +61.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the hydrogen peroxide price stood at $532 per ton (FOB, Thailand), increasing by 7.5% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 an increase of 31% against the previous year. The export price peaked in 2023 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($895 per ton), while the average price for exports to China ($372 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 (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the hydrogen peroxide 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:
- Prodcom 20136300 - Hydrogen peroxide
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- 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 Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- 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 Of Destination, 2012–2024
