Report Update Nov 1, 2024

Thailand - Expanded Clays - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Expanded Clays Market 2024

Expanded Clays Market Size in Thailand

In 2021, the Thai expanded clays market increased by 157% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Expanded Clays Exports

Exports from Thailand

Expanded clays exports from Thailand skyrocketed to X tons in 2021, jumping by 76% against the year before. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 1,737%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, expanded clays exports surged to $X in 2021. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 1,067% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Vietnam (X tons), Lao People's Democratic Republic (X tons) and the United States (X tons) were the main destinations of expanded clays exports from Thailand, together accounting for 93% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +195.5%), while the other leaders experienced more modest paces of growth.

In value terms, Lao People's Democratic Republic ($X) emerged as the key foreign market for exfoliated vermiculite, expanded clays and foamed slag exports from Thailand, comprising 53% of total exports. The second position in the ranking was held by Vietnam ($X), with a 25% share of total exports. It was followed by the United States, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to Lao People's Democratic Republic amounted to +51.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+220.6% per year) and the United States (+96.7% per year).

Export Prices by Country

The average expanded clays export price stood at $X per ton in 2021, with an increase of 31% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 76% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Lao People's Democratic Republic ($X per ton), while the average price for exports to the United States ($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 South Korea (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Clays Imports

Imports into Thailand

In 2021, supplies from abroad of exfoliated vermiculite, expanded clays and foamed slag increased by 144% to X tons, rising for the second consecutive year after two years of decline. Overall, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, expanded clays imports surged to $X in 2021. Over the period under review, imports posted a buoyant increase. 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 supplier of expanded clays to Thailand, accounting for a 82% share of total imports. Moreover, expanded clays imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +45.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+14.3% per year) and the United Arab Emirates (+68.5% per year).

In value terms, China ($X) constituted the largest supplier of exfoliated vermiculite, expanded clays and foamed slag to Thailand, comprising 75% of total imports. The second position in the ranking was taken by the UK ($X), with a 6.6% share of total imports. It was followed by the Netherlands, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +42.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+50.1% per year) and the Netherlands (+10.8% per year).

Import Prices by Country

The average expanded clays import price stood at $X per ton in 2021, rising by 6.1% against the previous year. Overall, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 69% 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.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Iran ($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 (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for exfoliated vermiculite, expanded clays and foamed slag in the world?

The country with the largest volume of expanded clays consumption was China, comprising approx. 25% of total volume. Moreover, expanded clays consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 10% share.

What are the largest producers of exfoliated vermiculite, expanded clays and foamed slag in the world?

The country with the largest volume of expanded clays production was China, accounting for 26% of total volume. Moreover, expanded clays production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 10% share.

What are the leading suppliers of exfoliated vermiculite, expanded clays and foamed slag to Thailand?

In value terms, China constituted the largest supplier of expanded clays to Thailand, comprising 56% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 27% share of total imports.

What are the leading importers of exfoliated vermiculite, expanded clays and foamed slag from Thailand?

In value terms, Myanmar, Vietnam and Hong Kong SAR appeared to be the largest markets for expanded clays exported from Thailand worldwide, together comprising 100% of total exports.

What is the average export price for exfoliated vermiculite, expanded clays and foamed slag in Thailand?

The average expanded clays export price stood at $1,251 per ton in 2020, jumping by 19% against the previous year.

What is the average import price for exfoliated vermiculite, expanded clays and foamed slag in Thailand?

In 2020, the average expanded clays import price amounted to $756 per ton, falling by -35.8% against the previous year.

This report provides an in-depth analysis of the expanded clays 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:

Prodcom 23991920 - Exfoliated vermiculite, expanded clays, foamed slag and similar expanded mineral materials and mixtures thereof

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