Report Update Nov 1, 2024

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

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Thailand: Bismuth Market 2022

Bismuth Market Size in Thailand

The Thai bismuth market skyrocketed to $X in 2021, growing by 31% against the previous year. Over the period under review, consumption, however, saw a pronounced downturn. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Bismuth Production in Thailand

In value terms, bismuth production declined significantly to $X in 2021 estimated in export price. In general, production faced a dramatic decrease. As a result, production attained the peak level of $X, and then contracted significantly in the following year.

Bismuth Exports

Exports from Thailand

In 2021, approx. X tons of bismuth were exported from Thailand; waning by -50.5% compared with the previous year's figure. In general, exports, however, recorded a strong increase. The growth pace was the most rapid in 2020 when exports increased by 1,169% against the previous year. As a result, the exports attained the peak of X tons, and then fell notably in the following year.

In value terms, bismuth exports fell significantly to $X in 2021. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 759%. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

The United States (X tons) was the main destination for bismuth exports from Thailand, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +109.2%.

In value terms, the United States ($X) also remains the key foreign market for bismuth exports from Thailand.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +103.8%.

Export Prices by Country

In 2021, the average bismuth export price amounted to $X per ton, falling by -8.4% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The pace of growth was the most pronounced in 2016 an increase of 78%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to +5.1% per year.

Bismuth Imports

Imports into Thailand

In 2021, the amount of bismuth imported into Thailand soared to X tons, growing by 43% compared with 2020 figures. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 93%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, bismuth imports soared to $X in 2021. Over the period under review, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 when imports increased by 89%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of bismuth to Thailand, with a 91% share of total imports. Moreover, bismuth imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +40.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+65.8% per year) and the United States (-23.0% per year).

In value terms, China ($X) constituted the largest supplier of bismuth to Thailand, comprising 91% of total imports. The second position in the ranking was taken by the United States ($X), with a 4.5% share of total imports. It was followed by the UK, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +37.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-27.4% per year) and the UK (-33.9% per year).

Import Prices by Country

In 2021, the average bismuth import price amounted to $X per ton, surging by 16% against the previous year. Over the period under review, the import price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2020 an increase of 55% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bismuth in the world?

The country with the largest volume of bismuth consumption was China, accounting for 49% of total volume. Moreover, bismuth consumption in China exceeded the figures recorded by the second-largest consumer, Vietnam, sixfold. The third position in this ranking was occupied by Hong Kong SAR, with a 7.8% share.

What are the largest producers of bismuth in the world?

China remains the largest bismuth producing country worldwide, comprising approx. 75% of total volume. Moreover, bismuth production in China exceeded the figures recorded by the second-largest producer, Vietnam, eightfold. Lao People's Democratic Republic ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of bismuth to Thailand?

In value terms, China constituted the largest supplier of bismuth to Thailand, comprising 91% of total imports. The second position in the ranking was occupied by the United States, with a 4.5% share of total imports. It was followed by the UK, with a 2.2% share.

What are the leading importers of bismuth from Thailand?

In value terms, the United States remains the key foreign market for bismuth exports from Thailand.

What is the average export price for bismuth in Thailand?

In 2021, the average bismuth export price amounted to $5,918 per ton, rising by 4% against the previous year.

What is the average import price for bismuth in Thailand?

In 2021, the average bismuth import price amounted to $16,030 per ton, approximately mirroring the previous year.

This report provides an in-depth analysis of the bismuth 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:

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