Report Update Nov 1, 2024

Thailand - Other Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in Thailand

In 2021, the Thai cyclic hydrocarbons market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Cyclic hydrocarbons consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Cyclic Hydrocarbons Production in Thailand

In value terms, cyclic hydrocarbons production rose rapidly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 38% against the previous year. Cyclic hydrocarbons production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Cyclic Hydrocarbons Exports

Exports from Thailand

Cyclic hydrocarbons exports from Thailand skyrocketed to X tons in 2021, growing by 3,813% compared with the previous year. In general, exports recorded a noticeable increase. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, cyclic hydrocarbons exports soared to $X in 2021. Overall, exports, however, recorded a deep setback. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Myanmar (X tons), Singapore (X tons) and Malaysia (X tons) were the main destinations of cyclic hydrocarbons exports from Thailand, together accounting for 92% of total exports. These countries were followed by India, which accounted for a further 8.4%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +202.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Singapore ($X) and Myanmar ($X) appeared to be the largest markets for cyclic hydrocarbons exported from Thailand worldwide, together comprising 85% of total exports.

India, with a CAGR of +172.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cyclic hydrocarbons export price amounted to $X per ton, with a decrease of -26.2% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 44%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to Myanmar ($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 (+26.6%), while the prices for the other major destinations experienced mixed trend patterns.

Cyclic Hydrocarbons Imports

Imports into Thailand

In 2021, after two years of decline, there was significant growth in overseas purchases of other cyclic hydrocarbons, when their volume increased by 79% to X tons. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cyclic hydrocarbons imports skyrocketed to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X tons), South Korea (X tons) and China (X tons) were the main suppliers of cyclic hydrocarbons imports to Thailand, with a combined 65% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +236.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), South Korea ($X) and China ($X) were the largest cyclic hydrocarbons suppliers to Thailand, with a combined 66% share of total imports.

Among the main suppliers, Singapore, with a CAGR of +196.2%, saw the highest rates of growth with regard to 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

The average cyclic hydrocarbons import price stood at $X per ton in 2021, with a decrease of -1.8% against the previous year. Overall, the import price showed a perceptible contraction. The pace of growth appeared the most rapid in 2019 an increase of 38% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for other cyclic hydrocarbons in the world?

China remains the largest cyclic hydrocarbons consuming country worldwide, comprising approx. 21% of total volume. Moreover, cyclic hydrocarbons consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.2% share.

What are the largest producers of other cyclic hydrocarbons in the world?

China constituted the country with the largest volume of cyclic hydrocarbons production, comprising approx. 23% of total volume. Moreover, cyclic hydrocarbons production in China exceeded the figures recorded by the second-largest producer, India, threefold. Spain ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of other cyclic hydrocarbons to Thailand?

In value terms, China, Taiwan Chinese) and Japan constituted the largest cyclic hydrocarbons suppliers to Thailand, together accounting for 72% of total imports. These countries were followed by South Korea, India, Belgium and Spain, which together accounted for a further 21%.

What are the leading importers of other cyclic hydrocarbons from Thailand?

In value terms, the largest markets for cyclic hydrocarbons exported from Thailand were China, South Korea and Lao People's Democratic Republic, together accounting for 94% of total exports.

What is the average export price for other cyclic hydrocarbons in Thailand?

The average cyclic hydrocarbons export price stood at $4,592 per ton in 2020, increasing by 89% against the previous year.

What is the average import price for other cyclic hydrocarbons in Thailand?

In 2020, the average cyclic hydrocarbons import price amounted to $1,509 per ton, with an increase of 12% against the previous year.

This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141290 - Other cyclic hydrocarbons

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