Thailand: Market for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) 2024

Market Size for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Thailand

The Thai market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) soared to $X in 2021, with an increase of 26% against the previous year. In general, consumption, however, saw a perceptible decline. Consumption of (excl. hexamethylenediamine and ethylenediamine) peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Thailand

In value terms, production of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt shrinkage. Production of (excl. hexamethylenediamine and ethylenediamine) peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Exports from Thailand

In 2021, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Thailand soared to X tons, growing by 70% against the previous year. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 469% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) surged to $X in 2021. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 414% against the previous year. Over the period under review, the exports of (excl. hexamethylenediamine and ethylenediamine) attained the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

The Netherlands (X tons) was the main destination for exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Thailand, with a 59% share of total exports. Moreover, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to the Netherlands exceeded the volume sent to the second major destination, India (X tons), fourfold. Australia (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands totaled +129.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-5.6% per year) and Australia (+115.4% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) exports from Thailand, comprising 52% of total exports. The second position in the ranking was taken by India ($X), with a 16% share of total exports. It was followed by Australia, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at +141.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-5.7% per year) and Australia (+116.8% per year).

Export Prices by Country

The average export price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, picking up by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 14% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to Australia ($X per ton) and Italy ($X per ton), while the average price for exports to Turkey ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Imports into Thailand

In 2021, approx. X tons of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) were imported into Thailand; with an increase of 1.6% on 2020. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports (excl. hexamethylenediamine and ethylenediamine) increased by +85.2% against 2014 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 41% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) expanded rapidly to $X in 2021. In general, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports (excl. hexamethylenediamine and ethylenediamine) increased by +64.0% against 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 29% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest acyclic polyamines and their derivatives and salts thereof supplier to Thailand, with a 60% share of total imports. Moreover, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from China exceeded the figures recorded by the second-largest supplier, Canada (X tons), sixfold. India (X tons) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+10.3% per year) and India (+111.2% per year).

In value terms, China ($X) constituted the largest supplier of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to Thailand, comprising 49% of total imports. The second position in the ranking was taken by Canada ($X), with a 12% share of total imports. It was followed by Japan, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+6.6% per year) and Japan (+8.1% per year).

Import Prices by Country

The average import price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, picking up by 8.4% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2019 an increase of 11% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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