Thailand - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Thailand - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights

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Data Storage Device Price in Thailand - 2023

Contents:

  1. Data Storage Device Price in Thailand (FOB) - 2022
  2. Data Storage Device Price in Thailand (CIF) - 2023
  3. Data Storage Device Exports in Thailand
  4. Data Storage Device Imports in Thailand

Data Storage Device Price in Thailand (FOB) - 2022

The average data storage device export price stood at $91 per unit in 2022, jumping by 20% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, data storage device export price increased by +109.3% against 2012 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 21% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($134 per unit), while the average price for exports to India ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Data Storage Device Price in Thailand (CIF) - 2023

The average data storage device import price stood at $56.6 per unit in September 2023, shrinking by -7.8% against the previous month. Over the period under review, import price indicated a pronounced expansion from September 2022 to September 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, data storage device import price increased by +4.2% against July 2023 indices. The growth pace was the most rapid in May 2023 when the average import price increased by 88% m-o-m. As a result, import price reached the peak level of $96.1 per unit. From June 2023 to September 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($50.7 per unit), while the price for Taiwan (Chinese) ($30.0 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Data Storage Device Exports in Thailand

In 2022, the amount of data storage devices exported from Thailand declined notably to 127M units, with a decrease of -26.7% against 2021. Over the period under review, exports showed a abrupt slump. The smallest decline of -0.3% was in 2020. Over the period under review, the exports reached the peak figure at 177M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, data storage device exports fell to $11.5B in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $13.1B, and then dropped in the following year.

Export of Data Storage Device in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,0834,1824,7505,27519.6%
Hong Kong SAR2,5952,4203,0481,785-11.7%
China1,1201,3691,2181,3807.2%
Netherlands739679909654-4.0%
Singapore26138582861533.1%
Mexico397335273268-12.3%
Taiwan (Chinese)1261601991659.4%
India1421101531542.7%
Japan226205251154-12.0%
Germany175159251146-5.9%
United Arab Emirates17287.810897.8-17.2%
South Korea97.598.614282.0-5.6%
Malaysia30152.764.738.6-49.6%
Others730716876725-0.2%
Total10,16410,95913,07111,5404.3%

Top Export Markets for Data Storage Device from Thailand in 2022:

  1. United States (39.4M units)
  2. Hong Kong SAR (24.8M units)
  3. China (18.0M units)
  4. Singapore (9.8M units)
  5. Netherlands (6.5M units)
  6. India (4.5M units)
  7. Japan (3.1M units)
  8. Germany (2.8M units)
  9. Taiwan (Chinese) (2.6M units)
  10. United Arab Emirates (2.2M units)
  11. Mexico (1.8M units)
  12. South Korea (1.8M units)
  13. Malaysia (0.8M units)

Data Storage Device Imports in Thailand

For the third consecutive year, Thailand recorded decline in purchases abroad of data storage devices, which decreased by -10.7% to 10M units in 2022. Overall, imports recorded a abrupt decrease. The smallest decline of -5.7% was in 2021. Over the period under review, imports hit record highs at 15M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, data storage device imports contracted notably to $425M in 2022. In general, imports continue to indicate a abrupt curtailment. The smallest decline of -11.4% was in 2020. Over the period under review, imports attained the maximum at $788M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Data Storage Device in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China290259289223-8.4%
Taiwan (Chinese)22.817.721.320.3-3.8%
Singapore18.415.918.517.2-2.2%
Philippines29.531.332.516.7-17.3%
Malaysia37936.19.76.5-74.2%
Others48.233913414143.0%
Total788699505425-18.6%

Top Suppliers of Data Storage Device to Thailand in 2022:

  1. China (6.8M units)
  2. Taiwan (Chinese) (0.9M units)
  3. Philippines (0.6M units)
  4. Singapore (0.2M units)
  5. Malaysia (0.1M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the data storage device 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 26202100 - Storage units

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
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