Thailand - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBed-Convertible Seat Price in Thailand - 2022
Contents:
- Bed-Convertible Seat Price in Thailand (FOB) - 2021
- Bed-Convertible Seat Price in Thailand (CIF) - 2022
- Bed-Convertible Seat Exports in Thailand
- Bed-Convertible Seat Imports in Thailand
Bed-Convertible Seat Price in Thailand (FOB) - 2021
The average bed-convertible seat export price stood at $88.7 per unit in December 2021, declining by -8.5% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2021 an increase of 25% m-o-m. As a result, the export price reached the peak level of $110 per unit. From October 2021 to December 2021, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2020 to December 2021, the rate of growth in terms of prices for the United States amounted to +0.2% per month.
Bed-Convertible Seat Price in Thailand (CIF) - 2022
The average bed-convertible seat import price stood at $31.1 per unit in January 2022, reducing by -18.3% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2021 an increase of 77% against the previous month. The import price peaked at $43.5 per unit in September 2021; however, from October 2021 to January 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2021 to January 2022, the rate of growth in terms of prices for China amounted to +0.3% per month.
Bed-Convertible Seat Exports in Thailand
In 2022, overseas shipments of seats convertible into beds decreased by -29.1% to 382K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,199%. The exports peaked at 539K units in 2021, and then reduced rapidly in the following year.
In value terms, bed-convertible seat exports fell rapidly to $36M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 678%. Over the period under review, the exports attained the peak figure at $50M in 2021, and then dropped notably in the following year.
| Export of Bed-Convertible Seat in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.5 | 21.1 | 49.0 | 34.4 | 309.8% |
| Others | 2.3 | 0.4 | 0.6 | 1.1 | -21.8% |
| Total | 2.8 | 21.6 | 49.5 | 35.6 | 133.4% |
Top Export Markets for Bed-Convertible Seat from Thailand in 2022:
- United States (372.0K units)
Bed-Convertible Seat Imports in Thailand
After three years of growth, supplies from abroad of seats convertible into beds decreased by -4.4% to 289K units in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 258% against the previous year. Over the period under review, imports hit record highs at 303K units in 2021, and then reduced in the following year.
In value terms, bed-convertible seat imports rose slightly to $8.8M in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 67%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Bed-Convertible Seat in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 4.7 | 8.4 | 6.5 | 13.9% |
| Vietnam | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.2 | 0.3 | 0.2 | 2.2 | 122.4% |
| Total | 4.7 | 5.1 | 8.6 | 8.8 | 23.3% |
Top Suppliers of Bed-Convertible Seat to Thailand in 2022:
- China (227.1K units)
- Vietnam (3.4K units)
This report provides an in-depth analysis of the bed-convertible seat 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 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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