Thailand: Market for Organic Derivatives Of Hydrazine Or Of Hydroxylamine 2024

Market Size for Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Thailand

The Thai hydrazine and hydroxylamine derivatives market dropped sharply to $X in 2022, declining by -16.5% against the previous year. In general, consumption showed a deep setback. Hydrazine and hydroxylamine derivatives consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Thailand

In value terms, hydrazine and hydroxylamine derivatives production fell significantly to $X in 2022 estimated in export price. Over the period under review, production saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Exports from Thailand

After two years of growth, shipments abroad of organic derivatives of hydrazine or of hydroxylamine decreased by -5.9% to X tons in 2022. Overall, exports, however, recorded measured growth. The pace of growth was the most pronounced in 2018 when exports increased by 227% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, hydrazine and hydroxylamine derivatives exports dropped to $X in 2022. In general, exports saw a noticeable setback. The growth pace was the most rapid in 2018 with an increase of 217% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons), Myanmar (X tons) and Bangladesh (X tons) were the main destinations of hydrazine and hydroxylamine derivatives exports from Thailand, together accounting for 37% of total exports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +571.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hydrazine and hydroxylamine derivatives exported from Thailand were Myanmar ($X), Vietnam ($X) and Bangladesh ($X), with a combined 34% share of total exports.

In terms of the main countries of destination, Myanmar, with a CAGR of +510.0%, recorded the highest growth rate of 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

In 2022, the average hydrazine and hydroxylamine derivatives export price amounted to $X per ton, which is down by -7.6% against the previous year. In general, the export price recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 19% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Egypt ($X per ton) and Bangladesh ($X per ton), while the average price for exports to Vietnam ($X per ton) and Jordan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-4.6%), while the prices for the other major destinations experienced a decline.

Imports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Imports into Thailand

In 2022, supplies from abroad of organic derivatives of hydrazine or of hydroxylamine decreased by -7.3% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.0% 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 +74.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 61% against the previous year. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, hydrazine and hydroxylamine derivatives imports declined to $X in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +33.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

China (X tons), India (X tons) and Japan (X tons) were the main suppliers of hydrazine and hydroxylamine derivatives imports to Thailand, together accounting for 97% of total imports. South Korea and the United States lagged somewhat behind, together comprising a further 2.2%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +112.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hydrazine and hydroxylamine derivatives suppliers to Thailand were India ($X), China ($X) and Japan ($X), together accounting for 97% of total imports. South Korea and the United States lagged somewhat behind, together accounting for a further 2.7%.

In terms of the main suppliers, South Korea, with a CAGR of +118.4%, 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 derivatives import price amounted to $X per ton, with a decrease of -3.8% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrazine and hydroxylamine derivatives import price decreased by -23.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 44% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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