Report Update Nov 1, 2024

Thailand - Slate - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Slate Market 2024

Slate Market Size in Thailand

After nine years of growth, the Thai slate market decreased by -16% to $X in 2021. In general, consumption, however, continues to indicate a significant expansion. As a result, consumption reached the peak level of $X, and then shrank rapidly in the following year.

Slate Production in Thailand

In value terms, slate production declined remarkably to $X in 2021 estimated in export price. Overall, production, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 70%. As a result, production attained the peak level of $X, and then fell markedly in the following year.

Slate Exports

Exports from Thailand

Slate exports from Thailand shrank to X tons in 2021, with a decrease of -13.6% on the previous year. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 48,600%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, slate exports surged to $X in 2021. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 85,300%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for slate exports from Thailand, accounting for a 67% share of total exports. Moreover, slate exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, Hong Kong SAR (X kg), twofold.

From 2012 to 2021, the average annual growth rate of volume to Taiwan (Chinese) was relatively modest.

In value terms, Taiwan (Chinese) ($X) and Hong Kong SAR ($X) appeared to be the largest markets for slate exported from Thailand worldwide.

Hong Kong SAR, with a CAGR of +52.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average slate export price stood at $X per ton in 2021, surging by 259% against the previous year. Over the period under review, the export price, however, recorded a pronounced descent. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Taiwan (Chinese) stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+74.1%), while the prices for the other major destinations experienced more modest paces of growth.

Slate Imports

Imports into Thailand

In 2021, purchases abroad of slate was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, saw a noticeable contraction. The growth pace was the most rapid in 2018 when imports increased by 128%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, slate imports soared to $X in 2021. In general, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 299%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) was the main supplier of slate to Thailand, accounting for a 99% share of total imports. It was followed by China (X kg), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to -2.7%.

In value terms, India ($X) constituted the largest supplier of slate to Thailand, comprising 84% of total imports. The second position in the ranking was taken by China ($X), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled +7.9%.

Import Prices by Country

The average slate import price stood at $X per ton in 2021, picking up by 18% against the previous year. Overall, the import price posted a resilient increase. The growth pace was the most rapid in 2015 an increase of 104%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+37.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for slate in the world?

The country with the largest volume of slate consumption was Sudan, comprising approx. 81% of total volume. Moreover, slate consumption in Sudan exceeded the figures recorded by the second-largest consumer, Japan, more than tenfold.

What are the largest producers of slate in the world?

Sudan constituted the country with the largest volume of slate production, comprising approx. 81% of total volume. Moreover, slate production in Sudan exceeded the figures recorded by the second-largest producer, Japan, more than tenfold. China ranked third in terms of total production with a 3.9% share.

What are the leading suppliers of slate to Thailand?

In value terms, India constituted the largest supplier of slate to Thailand.

What are the leading importers of slate from Thailand?

In value terms, the largest markets for slate exported from Thailand were Taiwan Chinese) and Hong Kong SAR.

What is the average export price for slate in Thailand?

The average slate export price stood at $1,774 per ton in 2021, increasing by 193% against the previous year.

What is the average import price for slate in Thailand?

The average slate import price stood at $393 per ton in 2021, flattening at the previous year.

This report provides an in-depth analysis of the slate 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 08114000 - Slate, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs

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