Report Update Nov 1, 2024

Thailand - Articles of Peat - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Articles Of Peat Market 2024

Articles Of Peat Market Size in Thailand

The Thai articles of peat market soared to $X in 2022, with an increase of 55% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, faced a sharp contraction. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Articles Of Peat Exports

Exports from Thailand

In 2022, exports of articles of peat from Thailand declined dramatically to X kg, reducing by -33.3% compared with 2021 figures. Over the period under review, exports showed a sharp descent. Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, articles of peat exports shrank dramatically to $X in 2022. In general, exports showed a precipitous curtailment. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X kg) was the main destination for articles of peat exports from Thailand, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Norway was relatively modest.

In value terms, Norway ($X) emerged as the key foreign market for articles of peat exports from Thailand.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway was relatively modest.

Export Prices by Country

In 2022, the average articles of peat export price amounted to $X per ton, reducing by -25.8% against the previous year. Over the period under review, the export price, however, showed notable growth. The export price peaked at $X per ton in 2021, and then shrank markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +6.8% per year.

Articles Of Peat Imports

Imports into Thailand

In 2022, articles of peat imports into Thailand skyrocketed to X kg, with an increase of 53% on 2021. Over the period under review, imports, however, showed a precipitous setback. The pace of growth was the most pronounced in 2019 when imports increased by 291% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, articles of peat imports skyrocketed to $X in 2022. In general, imports, however, showed a sharp decline. The pace of growth appeared the most rapid in 2019 with an increase of 573% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X kg), China (X kg) and France (X kg) were the main suppliers of articles of peat imports to Thailand, together accounting for 73% of total imports. Finland, Italy, Japan, the UK and the United States lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +2,200.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest articles of peat suppliers to Thailand were China ($X), the UK ($X) and the Czech Republic ($X), together accounting for 55% of total imports.

Among the main suppliers, the UK, with a CAGR of +1,738.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average articles of peat import price amounted to $X per ton, with an increase of 49% against the previous year. In general, the import price saw a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 172% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 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 the UK ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+336.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of peat in the world?

China constituted the country with the largest volume of articles of peat consumption, accounting for 19% of total volume. Moreover, articles of peat consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.7% share.

What are the largest producers of articles of peat in the world?

The country with the largest volume of articles of peat production was China, comprising approx. 19% of total volume. Moreover, articles of peat production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.7% share.

What are the leading suppliers of articles of peat to Thailand?

In value terms, the largest articles of peat suppliers to Thailand were Japan, China and the Czech Republic, together accounting for 87% of total imports.

What is the average export price for articles of peat in Thailand?

In 2021, the average articles of peat export price amounted to $2,633 per ton, stabilizing at the previous year.

What is the average import price for articles of peat in Thailand?

The average articles of peat import price stood at $17,165 per ton in 2021, dropping by -57% against the previous year.

This report provides an in-depth analysis of the articles of peat 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 23991980 - Articles of peat (including sheets, cylinder shells and plant pots) (excluding textile articles of peat fibre)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023