Thailand: Articles Of Zinc Market 2025

Articles Of Zinc Market Size in Thailand

The Thai articles of zinc market surged to $X in 2021, increasing by 30% against the previous year. Overall, consumption enjoyed resilient growth. Articles of zinc consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Articles Of Zinc Production in Thailand

In value terms, articles of zinc production soared to $X in 2021 estimated in export price. In general, production enjoyed notable growth. The growth pace was the most rapid in 2016 with an increase of 51% against the previous year. Articles of zinc production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Articles Of Zinc Exports

Exports from Thailand

In 2021, exports of articles of zinc from Thailand declined to X tons, waning by -12% against 2020 figures. Overall, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 52% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, articles of zinc exports rose modestly to $X in 2021. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by 5.2%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Lao People's Democratic Republic (X tons) and Japan (X tons) were the main destinations of articles of zinc exports from Thailand, with a combined 72% share of total exports. These countries were followed by Myanmar, China, Singapore, Maldives and the Philippines, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Maldives (with a CAGR of +97.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and China ($X) constituted the largest markets for articles of zinc exported from Thailand worldwide, with a combined 75% share of total exports. Singapore, Lao People's Democratic Republic, Maldives, Myanmar and the Philippines lagged somewhat behind, together comprising a further 17%.

Maldives, with a CAGR of +99.1%, saw the highest growth rate of the value of exports, in terms of 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

The average articles of zinc export price stood at $X per ton in 2021, growing by 19% against the previous year. In general, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 59% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, 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 the Philippines ($X per ton), while the average price for exports to Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+39.5%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Zinc Imports

Imports into Thailand

In 2021, overseas purchases of articles of zinc were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, articles of zinc imports surged to $X in 2021. Overall, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest articles of zinc supplier to Thailand, with a 63% share of total imports. Moreover, articles of zinc imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), eightfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+36.5% per year) and Taiwan (Chinese) (+0.4% per year).

In value terms, China ($X) constituted the largest supplier of articles of zinc to Thailand, comprising 47% of total imports. The second position in the ranking was held by Singapore ($X), with a 10% share of total imports. It was followed by Taiwan (Chinese), with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+37.2% per year) and Taiwan (Chinese) (+4.6% per year).

Import Prices by Country

In 2021, the average articles of zinc import price amounted to $X per ton, rising by 6.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 30% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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