We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Thailand - Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Thailand - Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Article Publishing Date: Nov 26, 2023

Thailand's Bridge Exports Surge to $1.1M in September 2023

Thailand Bridge Exports

In September 2023, overseas shipments of bridges, bridge sections, towers and lattice masts (of iron or steel) increased by 99.9% to 745 tons, rising for the second month in a row after two months of decline. In general, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in August 2023 when exports increased by 242% month-to-month.

In value terms, bridge exports rose significantly to $1.1M (IndexBox estimates) in September 2023. Overall, exports, however, faced a deep setback. The growth pace was the most rapid in August 2023 when exports increased by 202% month-to-month.Thailand Bridge Exports By Country (Million USD)

COUNTRYExport Value of Bridge in Thailand (million USD)
Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023
United States5.54.41.20.80.71.02.41.83.01.10.10.40.7
Lao People's Democratic Republic< 0.10.91.51.0< 0.1< 0.1< 0.1< 0.10.1< 0.1< 0.10.2< 0.1
Others0.80.20.40.3< 0.10.7< 0.1< 0.10.50.30.20.40.3
Total6.35.53.12.10.71.72.51.93.61.40.31.01.1

Exports by Country

The United States (481 tons) was the main destination for bridge exports from Thailand, with a 65% share of total exports. Moreover, bridge exports to the United States exceeded the volume sent to the second major destination, Lao People's Democratic Republic (25 tons), more than tenfold.

From September 2022 to September 2023, the average monthly rate of growth in terms of volume to the United States stood at -14.2%.

In value terms, the United States ($715K) remains the key foreign market for bridge exports from Thailand, comprising 64% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($69K), with a 6.2% share of total exports.

From September 2022 to September 2023, the average monthly growth rate of value to the United States totaled -15.6%.

Exports by Type

Iron or steel towers and lattice masts (527 tons) was the largest type of bridge exported from Thailand, with a 71% share of total exports. Moreover, iron or steel towers and lattice masts exceeded the volume of the second product type, iron or steel bridges and bridge-sections (218 tons), twofold.

From September 2022 to September 2023, the average monthly rate of growth in terms of the volume of export of iron or steel towers and lattice masts amounted to -14.1%.

In value terms, iron or steel towers and lattice masts ($894K) emerged as the largest type of bridge exported from Thailand, comprising 80% of total exports. The second position in the ranking was held by iron or steel bridges and bridge-sections ($225K), with a 20% share of total exports.

From September 2022 to September 2023, the average monthly rate of growth in terms of the export volume of iron or steel towers and lattice masts stood at -14.8%.

Export Prices by Country

In September 2023, the bridge price stood at $1,503 per ton (FOB, Thailand), falling by -42.9% against the previous month. In general, the export price recorded a slight descent. The pace of growth was the most pronounced in July 2023 when the average export price increased by 87% month-to-month. Over the period under review, the average export prices attained the maximum at $3,355 per ton in November 2022; however, from December 2022 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Lao People's Democratic Republic ($2,769 per ton), while the average price for exports to Cambodia ($203 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+26.7%), while the prices for the other major destinations experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bridge 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 25112100 - Iron or steel bridges and bridge-sections
  • Prodcom 25112200 - Iron or steel towers and lattice masts

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

Recommended posts

Export of Canadian Bridges Drops by 29% to $103M in 2023.
Apr 16, 2024
Eye 81
Significant Drop in Australia's Bridge Imports to $27M in November 2023
Jan 27, 2024
Eye 120
The World's Best Import Markets for Steel Bridges and Towers
Sep 14, 2023
Eye 277
Bridge Price in Canada Soars to $3,825 per Ton
Jul 16, 2023
Eye 328
Free Data: Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Thailand
Table
Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Thailand - Table
Dashboard
Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Thailand - Dashboard
Report
Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Thailand - Report