Report Update Nov 1, 2024

Thailand - Benzoyl Peroxide and Benzoyl Chloride - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Thailand

The Thai benzoyl peroxide and chloride market was estimated at $X in 2022, therefore, remained relatively stable 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, continues to indicate a buoyant increase. Benzoyl peroxide and chloride consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Thailand

Benzoyl peroxide and chloride exports from Thailand declined notably to X kg in 2022, with a decrease of -90.8% against 2021. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by 229%. The exports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, benzoyl peroxide and chloride exports contracted markedly to $X in 2022. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2017 when exports increased by 202%. The exports peaked at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

Lao People's Democratic Republic (X kg) was the main destination for benzoyl peroxide and chloride exports from Thailand, accounting for a approx. 100% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Lao People's Democratic Republic totaled -14.3%.

In value terms, Lao People's Democratic Republic ($X) also remains the key foreign market for benzoyl peroxide and benzoyl chloride exports from Thailand.

From 2013 to 2022, the average annual rate of growth in terms of value to Lao People's Democratic Republic totaled -14.7%.

Export Prices by Country

The average benzoyl peroxide and chloride export price stood at $X per ton in 2022, approximately equating the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 39% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.

From 2013 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to -0.4% per year.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Thailand

In 2022, purchases abroad of benzoyl peroxide and benzoyl chloride decreased by -15.8% to X tons, falling for the second consecutive year after three years of growth. In general, imports, however, posted buoyant growth. The growth pace was the most rapid in 2018 when imports increased by 67%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, benzoyl peroxide and chloride imports amounted to $X in 2022. Over the period under review, imports, however, posted buoyant growth. The growth pace was the most rapid in 2018 with an increase of 69%. Over the period under review, imports reached the peak figure at $X in 2019; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest benzoyl peroxide and chloride supplier to Thailand, with a 61% share of total imports. Moreover, benzoyl peroxide and chloride imports from Indonesia exceeded the figures recorded by the second-largest supplier, Japan (X tons), fivefold. China (X tons) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume from Indonesia stood at +469.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+101.4% per year) and China (-8.6% per year).

In value terms, Indonesia ($X) constituted the largest supplier of benzoyl peroxide and benzoyl chloride to Thailand, comprising 53% of total imports. The second position in the ranking was held by Italy ($X), with a 16% share of total imports. It was followed by South Korea, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia totaled +451.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+257.6% per year) and South Korea (+5.1% per year).

Import Prices by Country

In 2022, the average benzoyl peroxide and chloride import price amounted to $X per ton, increasing by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.0%), 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 benzoyl peroxide and benzoyl chloride in the world?

The countries with the highest volumes of benzoyl peroxide and chloride consumption in 2021 were the United States, China and Germany, with a combined 37% share of global consumption. South Korea, Turkey, the UK, Japan, Taiwan Chinese), Mexico, the Netherlands, Brazil, Canada and France lagged somewhat behind, together accounting for a further 39%.

What are the largest producers of benzoyl peroxide and benzoyl chloride in the world?

Germany remains the largest benzoyl peroxide and chloride producing country worldwide, comprising approx. 54% of total volume. Moreover, benzoyl peroxide and chloride production in Germany exceeded the figures recorded by the second-largest producer, China, twofold. Belgium ranked third in terms of total production with an 11% share.

What are the leading suppliers of benzoyl peroxide and benzoyl chloride to Thailand?

In value terms, Indonesia constituted the largest supplier of benzoyl peroxide and chloride to Thailand, comprising 50% of total imports. The second position in the ranking was occupied by China, with a 20% share of total imports. It was followed by Italy, with a 9.8% share.

What are the leading importers of benzoyl peroxide and benzoyl chloride from Thailand?

In value terms, Lao People's Democratic Republic remains the key foreign market for benzoyl peroxide and chloride exports from Thailand, comprising 83% of total exports. The second position in the ranking was occupied by Vietnam, with a 16% share of total exports.

What is the average export price for benzoyl peroxide and benzoyl chloride in Thailand?

In 2021, the average benzoyl peroxide and chloride export price amounted to $2,240 per ton, falling by -34.1% against the previous year.

What is the average import price for benzoyl peroxide and benzoyl chloride in Thailand?

The average benzoyl peroxide and chloride import price stood at $3,089 per ton in 2021, flattening at the previous year.

This report provides an in-depth analysis of the market for benzoyl peroxide and chloride 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 20143365 - Benzoyl peroxide and benzoyl chloride

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