Thailand: Gold Ore Market 2020

Gold Ore Market Size in Thailand

The revenue of the gold ore market in Thailand amounted to $X in 2017, rising by X% against the previous year. Overall, gold ore consumption continues to indicate an outstanding increase. The growth pace was the most rapid in 2012, when market value increased by X% against the previous year. Over the period under review, the gold ore market reached its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Gold Ore Production in Thailand

In 2017, the amount of gold ores and concentrates produced in Thailand amounted to X tons, remaining constant against the previous year. Overall, gold ore production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% against the previous year. Over the period under review, the gold ore production reached its maximum volume in 2017, and is likely to see steady growth in the near future.

Gold Ore Exports by Country from Thailand

Australia was the main exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Russia (X tons), Turkey (X tons) and Tanzania (X tons), together constituting X% share of total exports. Greece (X tons), Ecuador (X tons), Papua New Guinea (X tons), Peru (X tons), Malaysia (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest gold ore supplier from Thailand, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Tanzania, with a X% share.

In Australia, gold ore exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+X% per year) and Tanzania (+X% per year).

Gold Ore Export Prices by Country in Thailand

In 2017, the gold ore export price in Thailand amounted to $X per ton, standing approx. at by -% against the previous year. Over the period from 2007 to 2017, it decreased at an average annual rate of nan%. The pace of growth appeared the most rapid in 2008, when it surged by -% year-to-year.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tanzania ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

Gold Ore Imports into Thailand

In 2017, gold ore imports into Thailand stood at X kg, falling by -X% against the previous year. Overall, gold ore imports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2009, when it surged by -X% y-o-y. Over the period under review, the gold ore imports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, gold ore imports totaled $X in 2017. Overall, gold ore imports continue to indicate a dramatic descent. Over the period under review, the gold ore imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Gold Ore Imports by Country into Thailand

In 2017, South Korea (X tons), distantly followed by China (X tons), the UK (X tons) and Mexico (X tons) were the key importers of gold ores and concentrates, together committing X% of total imports. The Philippines (X tons), Kazakhstan (X tons), Belgium (X tons) and India (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported gold ores and concentrates into Thailand, making up X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, gold ore imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-X% per year) and South Korea (+X% per year).

Gold Ore Import Prices by Country in Thailand

The gold ore import price in Thailand stood at $X per kg in 2017, approximately equating the previous year. In general, gold ore import price continues to indicate a relatively flat trend pattern. Thailand import price peaked of $X per kg in 2007; afterwards, it flattened through to 2017.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Philippines ($X per kg), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform