Thailand - Prepared Rubber Accelerators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThailand Witnesses Significant Increase in Price of Rubber Accelerators to $2,831 per Ton
Thailand Prepared Rubber Accelerators Import Price in July 2023
In July 2023, the prepared rubber accelerators price stood at $2,831 per ton (CIF, Thailand), with an increase of 19% against the previous month. Overall, the import price, however, continues to indicate a pronounced decrease. The import price peaked at $4,045 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($11,083 per ton), while the price for Malaysia ($2,084 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
COUNTRY | Import Price of Prepared Rubber Accelerators in Thailand (USD per ton) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | |
Japan | 9,926 | 9,306 | 11,434 | 7,590 | 10,887 | 9,276 | 8,830 | 10,653 | 12,835 | 8,324 | 10,287 | 12,116 | 11,083 |
Taiwan (Chinese) | 5,129 | 5,067 | 5,235 | 5,262 | 5,563 | 5,230 | 5,666 | 4,110 | 4,845 | 5,177 | 5,330 | 5,368 | 5,376 |
China | 3,980 | 3,393 | 2,953 | 2,770 | 3,322 | 3,186 | 2,648 | 2,492 | 2,572 | 2,315 | 2,428 | 1,997 | 2,646 |
Malaysia | 2,238 | 2,651 | 2,272 | 2,110 | 2,473 | 2,235 | 2,366 | 2,189 | 1,982 | 1,943 | 1,836 | 1,778 | 2,084 |
Average | 4,045 | 3,650 | 3,312 | 2,876 | 3,376 | 3,463 | 2,835 | 2,754 | 2,800 | 2,510 | 2,658 | 2,388 | 2,831 |
Thailand Prepared Rubber Accelerators Imports
In July 2023, prepared rubber accelerators imports into Thailand contracted dramatically to 3K tons, which is down by -17.1% on the month before. Overall, total imports indicated a modest expansion from July 2022 to July 2023: its volume increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, imports decreased by -22.3% against May 2023 indices. The pace of growth appeared the most rapid in January 2023 with an increase of 54% against the previous month.
In value terms, prepared rubber accelerators imports reduced slightly to $8.5M (IndexBox estimates) in July 2023. In general, imports saw a slight reduction. The most prominent rate of growth was recorded in May 2023 when imports increased by 44% m-o-m. As a result, imports reached the peak of $10M. From June 2023 to July 2023, the growth of imports remained at a somewhat lower figure.
Thailand Prepared Rubber Accelerators Imports by Country
In July 2023, China (2.4K tons) constituted the largest prepared rubber accelerators supplier to Thailand, accounting for a 79% share of total imports. Moreover, prepared rubber accelerators imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (297 tons), eightfold. South Korea (120 tons) ranked third in terms of total imports with a 4% share.
From July 2022 to July 2023, the average monthly growth rate of volume from China totaled +1.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (-1.4% per month) and South Korea (+6.8% per month).
In value terms, China ($6.2M) constituted the largest supplier of prepared rubber accelerators to Thailand, comprising 74% of total imports. The second position in the ranking was held by Malaysia ($618K), with a 7.3% share of total imports. It was followed by Japan, with a 5.8% share.
From July 2022 to July 2023, the average monthly rate of growth in terms of value from China totaled -1.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (-2.0% per month) and Japan (+2.4% per month).
This report provides an in-depth analysis of the prepared rubber accelerators 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 20595630 - Prepared rubber accelerators
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