Thailand - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingExport of Polycarboxylic Acid in Thailand Declines by 3% to $60M in July 2023
Thailand Polycarboxylic Acid Exports
In July 2023, exports of polycarboxylic acids from Thailand reduced to 76K tons, standing approximately at the previous month's figure. Over the period under review, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in December 2022 when exports increased by 24% month-to-month.
In value terms, polycarboxylic acid exports reduced slightly to $60M (IndexBox estimates) in July 2023. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in May 2023 when exports increased by 21% month-to-month. 
| COUNTRY | Export Value of Polycarboxylic Acid in Thailand (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
| India | 21.6 | 18.7 | 17.7 | 13.5 | 17.0 | 15.3 | 27.5 | 26.0 | 19.9 | 9.1 | 18.4 | 18.1 | 25.8 |
| Oman | 5.6 | 9.5 | 7.1 | 6.2 | 4.6 | 9.3 | 11.7 | 11.5 | 7.7 | 11.9 | 14.2 | 9.4 | 11.4 |
| Pakistan | 23.0 | 7.3 | 7.9 | 7.2 | 4.7 | 4.5 | 3.6 | 4.0 | 12.5 | 15.2 | 15.9 | 10.6 | 8.8 |
| South Africa | 7.2 | 4.8 | 2.9 | 0.5 | 2.6 | 4.3 | 5.0 | 2.6 | 5.9 | 5.1 | 3.7 | 5.1 | 4.6 |
| Vietnam | 11.3 | 10.0 | 9.7 | 11.9 | 9.8 | 10.1 | 6.7 | 12.7 | 11.5 | 10.2 | 11.8 | 11.5 | 2.4 |
| Egypt | 42.3 | 22.0 | 13.4 | 3.3 | 17.3 | 17.2 | 11.6 | 11.6 | 15.6 | 15.7 | 16.3 | N/A | N/A |
| Others | 7.5 | 4.2 | 4.8 | 16.2 | 7.8 | 12.6 | 10.5 | 5.4 | 8.0 | 4.5 | 6.7 | 6.7 | 6.4 |
| Total | 118 | 76.6 | 63.6 | 58.8 | 63.7 | 73.4 | 76.7 | 73.9 | 81.1 | 71.7 | 87.0 | 61.4 | 59.5 |
Exports by Country
India (34K tons) was the main destination for polycarboxylic acid exports from Thailand, with a 45% share of total exports. Moreover, polycarboxylic acid exports to India exceeded the volume sent to the second major destination, Oman (15K tons), twofold. Pakistan (11K tons) ranked third in terms of total exports with a 15% share.
From July 2022 to July 2023, the average monthly growth rate of volume to India stood at +3.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Oman (+7.3% per month) and Pakistan (-6.1% per month).
In value terms, India ($26M) remains the key foreign market for polycarboxylic acid exports from Thailand, comprising 43% of total exports. The second position in the ranking was held by Oman ($11M), with a 19% share of total exports. It was followed by Pakistan, with a 15% share.
From July 2022 to July 2023, the average monthly rate of growth in terms of value to India stood at +1.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Oman (+6.1% per month) and Pakistan (-7.7% per month).
Export Prices by Country
In July 2023, the polycarboxylic acid price stood at $785 per ton (FOB, Thailand), shrinking by -1.9% against the previous month. Overall, the export price continues to indicate a mild reduction. The growth pace was the most rapid in May 2023 an increase of 4.4% against the previous month. Over the period under review, the average export prices hit record highs at $979 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In July 2023, the countries with the highest prices were Japan ($1,091 per ton) and Indonesia ($834 per ton), while the average price for exports to Oman ($750 per ton) and Vietnam ($763 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.3%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the polycarboxylic acid 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 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
- Prodcom 20143385 - Adipic acid, its salts and esters
- Prodcom 20143387 - Maleic anhydride
- Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
- Prodcom 20143420 - Other esters of orthophthalic acid
- Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
- Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
