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Thailand - Asbestos - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Asbestos Market 2022

Asbestos Market Size in Thailand

For the third year in a row, the Thai asbestos market recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption showed a perceptible reduction. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2010 to 2020, the growth of the market failed to regain the momentum.

Asbestos Exports

Exports from Thailand

In 2020, asbestos exports from Thailand contracted notably to X tons, which is down by -X% compared with 2019 figures. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, asbestos exports declined notably to $X in 2020. In general, exports continue to indicate perceptible growth. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. As a result, exports attained the peak of $X, and then contracted significantly in the following year.

Exports by Country

Myanmar (X tons) was the main destination for asbestos exports from Thailand, with a X% share of total exports. It was followed by Lao People's Democratic Republic (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Myanmar totaled +X%.

In value terms, Myanmar ($X) remains the key foreign market for asbestos exports from Thailand, comprising X% of total exports. The second position in the ranking was occupied by Lao People's Democratic Republic ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Myanmar amounted to +X%.

Export Prices by Country

In 2020, the average asbestos export price amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. As a result, export price reached the peak level of $X per ton. from 2013 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Myanmar ($X per ton), while the average price for exports to Lao People's Democratic Republic stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar.

Asbestos Imports

Imports into Thailand

For the third year in a row, Thailand recorded decline in purchases abroad of asbestos, which decreased by -X% to X tons in 2020. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2009; however, from 2010 to 2020, imports remained at a lower figure.

In value terms, asbestos imports contracted slightly to $X in 2020. Overall, imports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2009 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2010 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Russia (X tons) was the main asbestos supplier to Thailand, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Russia stood at -X%.

In value terms, Russia ($X) constituted the largest supplier of asbestos to Thailand.

From 2007 to 2020, the average annual rate of growth in terms of value from Russia was relatively modest.

Import Prices by Country

In 2020, the average asbestos import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2007 to 2020, the rate of growth in terms of prices for Russia amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asbestos in the world?

The countries with the highest volumes of in 2021 were India, China and Russia, together accounting for 56% of global consumption. Maldives, Indonesia, Uzbekistan, Iran, Sri Lanka, Thailand, Vietnam, Kazakhstan and Bangladesh lagged somewhat behind, together comprising a further 34%.

What are the largest producers of asbestos in the world?

The country with the largest volume of asbestos production was Russia, accounting for 55% of total volume. Moreover, asbestos production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. The third position in this ranking was occupied by Brazil, with an 11% share.

What are the leading suppliers of asbestos to Thailand?

In value terms, Russia constituted the largest supplier of asbestos to Thailand, comprising 96% of total imports. The second position in the ranking was occupied by China, with a 4.5% share of total imports.

What are the leading importers of asbestos from Thailand?

In value terms, Myanmar remains the key foreign market for asbestos exports from Thailand, comprising 99% of total exports. The second position in the ranking was occupied by Gambia $274), with a 0.7% share of total exports.

What is the average export price for asbestos in Thailand?

The average asbestos export price stood at $1,648 per ton in 2020, declining by -7.7% against the previous year.

What is the average import price for asbestos in Thailand?

The average asbestos import price stood at $443 per ton in 2021, surging by 7% against the previous year.

This report provides an in-depth analysis of the asbestos 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 2025.

Product coverage:

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