Kaolin Market in Thailand
Market Overview
In
, the Thai kaolin market increased by
% to $
, rising for the second consecutive year after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $
in 2012; however, from 2013 to
, consumption failed to regain momentum.
In value terms, kaolin production declined to $
in
estimated in export price. Overall, production continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2010 when the production volume increased by
%. Kaolin production peaked at $
in 2011; however, from 2012 to
, production remained at a lower figure.





In value terms, kaolin production declined to $





Consumption
In
, consumption of kaolin and kaolinic clays increased by
% to
tons, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a perceptible decline. As a result, consumption reached the peak volume of
tons. From 2015 to
, the growth of the consumption remained at a somewhat lower figure.
The size of the kaolin market in Thailand soared to $
in
, growing by
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $
in 2012; however, from 2013 to
, consumption failed to regain momentum.





The size of the kaolin market in Thailand soared to $





Market Forecast
Depressed by shrinking demand for kaolin in Thailand, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -
% for the period from
to
, which is projected to depress the market volume to
tons by the end of
.
In value terms, the market is forecast to contract with an anticipated CAGR of +
% for the period from
to
, which is projected to bring the market value to $
(in nominal prices) by the end of
.





In value terms, the market is forecast to contract with an anticipated CAGR of +





Market Structure
Driven by a growing demand, the share of imports in total supply in Thailand increased significantly over the last fifteen years (from
% to
%).


Trade Balance
Thailand remains a net importer of kaolin; in physical and value terms, imports consistently exceeded exports from 2007 to
. In
, there was a significant trade deficit of
tons, which was equal to $
. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.




Download XLSX
Download all the data in the form of a report