Thailand: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Thailand

The Thai scouring pastes and powders market reduced slightly to $X in 2021, which is down by -1.8% against the previous year. Over the period under review, consumption showed a perceptible slump. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Scouring Pastes And Powders in Thailand

In value terms, scouring pastes and powders production shrank slightly to $X in 2021 estimated in export price. Overall, production saw a slight descent. The growth pace was the most rapid in 2014 with an increase of 54%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Scouring Pastes And Powders

Exports from Thailand

In 2021, approx. X tons of scouring pastes and powders were exported from Thailand; picking up by 7.7% against 2020. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 516%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, scouring pastes and powders exports shrank to $X in 2021. Overall, exports, however, showed a slight contraction. The growth pace was the most rapid in 2017 when exports increased by 244%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons) was the main destination for scouring pastes and powders exports from Thailand, accounting for a 41% share of total exports. Moreover, scouring pastes and powders exports to Vietnam exceeded the volume sent to the second major destination, China (X tons), twofold. The third position in this ranking was taken by Japan (X tons), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Vietnam amounted to +49.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+98.5% per year) and Japan (+48.9% per year).

In value terms, Vietnam ($X), China ($X) and Pakistan ($X) appeared to be the largest markets for scouring pastes and powders exported from Thailand worldwide, with a combined 62% share of total exports.

In terms of the main countries of destination, Pakistan, with a CAGR of +78.5%, saw 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

In 2021, the average scouring pastes and powders export price amounted to $X per ton, shrinking by -17.7% against the previous year. Over the period under review, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Japan ($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 Australia (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports into Thailand

In 2021, the amount of scouring pastes and powders imported into Thailand soared to X tons, jumping by 24% against 2020. In general, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by 320%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, scouring pastes and powders imports surged to $X in 2021. Overall, imports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2016 when imports increased by 385% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Japan (X tons) and Italy (X tons) were the main suppliers of scouring pastes and powders imports to Thailand, with a combined 89% share of total imports. France, Germany, Taiwan (Chinese), the United States and the Philippines lagged somewhat behind, together comprising a further 8.1%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +43.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and the United States ($X) constituted the largest scouring pastes and powders suppliers to Thailand, with a combined 86% share of total imports. These countries were followed by Italy, France, Taiwan (Chinese), Germany and the Philippines, which together accounted for a further 7.5%.

France, with a CAGR of +14.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average scouring pastes and powders import price stood at $X per ton in 2021, waning by -2.1% against the previous year. Overall, the import price, however, continues to indicate a slight increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 29%. 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 by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($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 Philippines (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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