Thailand: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Thailand

The Thai chemical contraceptive preparations market plummeted to $X in 2021, declining by -88.9% against the previous year. Over the period under review, consumption showed a sharp reduction. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Chemical Contraceptive Preparations Production in Thailand

In value terms, chemical contraceptive preparations production skyrocketed to $X in 2021 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.6% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 58% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Chemical Contraceptive Preparations Exports

Exports from Thailand

Chemical contraceptive preparations exports from Thailand skyrocketed to X tons in 2021, rising by 34% on the previous year. In general, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +167.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 99%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, chemical contraceptive preparations exports surged to $X in 2021. Overall, total exports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Philippines (X tons) was the main destination for chemical contraceptive preparations exports from Thailand, with a 70% share of total exports. Moreover, chemical contraceptive preparations exports to the Philippines exceeded the volume sent to the second major destination, Myanmar (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to the Philippines was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+252.7% per year) and Ethiopia (-5.2% per year).

In value terms, the Philippines ($X) remains the key foreign market for chemical contraceptive preparations based on hormones or spermicides exports from Thailand, comprising 65% of total exports. The second position in the ranking was held by Myanmar ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the Philippines totaled +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+158.1% per year) and Ethiopia (-10.0% per year).

Export Prices by Country

The average chemical contraceptive preparations export price stood at $X per ton in 2021, picking up by 9.6% against the previous year. Over the period under review, the export price continues to indicate mild growth. The growth pace was the most rapid in 2019 an increase of 178% 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 remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while the average price for exports to the Philippines ($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 (+3.0%), while the prices for the other major destinations experienced a decline.

Chemical Contraceptive Preparations Imports

Imports into Thailand

In 2021, chemical contraceptive preparations imports into Thailand was estimated at X tons, increasing by 4.6% compared with the previous year. Over the period under review, imports, however, saw a pronounced slump. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, chemical contraceptive preparations imports rose to $X in 2021. In general, imports, however, recorded a mild downturn. The pace of growth was the most pronounced in 2018 with an increase of 14% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest chemical contraceptive preparations supplier to Thailand, with a 73% share of total imports. Moreover, chemical contraceptive preparations imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was held by Spain (X tons), with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands stood at +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.2% per year) and Spain (+61.3% per year).

In value terms, the largest chemical contraceptive preparations suppliers to Thailand were the Netherlands ($X), Germany ($X) and Hungary ($X), with a combined 94% share of total imports. Indonesia, Spain, Brazil and France lagged somewhat behind, together accounting for a further 3.8%.

Among the main suppliers, Spain, with a CAGR of +42.4%, saw the highest rates of growth with regard to 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

The average chemical contraceptive preparations import price stood at $X per ton in 2021, approximately equating the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 34%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :