Thailand: Hydrazine And Hydroxylamine Market 2024

Hydrazine And Hydroxylamine Market Size in Thailand

The Thai hydrazine and hydroxylamine market skyrocketed to $X in 2022, picking up by 37% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +64.2% against 2020 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Hydrazine And Hydroxylamine Production in Thailand

In value terms, hydrazine and hydroxylamine production totaled $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume decreased by 99.9% against the previous year. Over the period under review, production attained the peak level in 2022 and is likely to see gradual growth in the near future.

Hydrazine And Hydroxylamine Exports

Exports from Thailand

In 2022, exports of hydrazine and hydroxylamine and their inorganic salts from Thailand reached X tons, picking up by 4.8% compared with the year before. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2017 when exports increased by 411%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, hydrazine and hydroxylamine exports amounted to $X in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2017 with an increase of 531% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Bangladesh (X tons) was the main destination for hydrazine and hydroxylamine exports from Thailand, with a 62% share of total exports. Moreover, hydrazine and hydroxylamine exports to Bangladesh exceeded the volume sent to the second major destination, Vietnam (X tons), twofold. Lao People's Democratic Republic (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume to Bangladesh amounted to +68.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+49.7% per year) and Lao People's Democratic Republic (+16.0% per year).

In value terms, Bangladesh ($X), Vietnam ($X) and Lao People's Democratic Republic ($X) were the largest markets for hydrazine and hydroxylamine exported from Thailand worldwide, together comprising 98% of total exports.

In terms of the main countries of destination, Bangladesh, with a CAGR of +63.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hydrazine and hydroxylamine export price stood at $X per ton in 2022, reducing by -3% against the previous year. Over the period under review, the export price, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2018 an increase of 145%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+31.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hydrazine And Hydroxylamine Imports

Imports into Thailand

In 2022, imports of hydrazine and hydroxylamine and their inorganic salts into Thailand skyrocketed to X tons, increasing by 20% on the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.7% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 55%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, hydrazine and hydroxylamine imports skyrocketed to $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Japan (X tons) and Germany (X tons) were the main suppliers of hydrazine and hydroxylamine imports to Thailand, together comprising 85% of total imports. The United States, Belgium and France lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +111.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Germany ($X) were the largest hydrazine and hydroxylamine suppliers to Thailand, with a combined 82% share of total imports. Belgium, the United States and France lagged somewhat behind, together comprising a further 17%.

Among the main suppliers, Belgium, with a CAGR of +122.8%, saw the highest growth rate of 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

In 2022, the average hydrazine and hydroxylamine import price amounted to $X per ton, with an increase of 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The import price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

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 Belgium ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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