Thailand - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFork-Lift Truck Price in Thailand - 2023
Contents:
- Fork-Lift Truck Price in Thailand (CIF) - 2022
- Fork-Lift Truck Price in Thailand (FOB) - 2022
- Fork-Lift Truck Imports in Thailand
- Fork-Lift Truck Exports in Thailand
Fork-Lift Truck Price in Thailand (CIF) - 2022
The average fork-lift truck import price stood at $3,183 per unit in 2022, shrinking by -19.7% against the previous year. Overall, the import price showed a perceptible decline. The growth pace was the most rapid in 2019 an increase of 42% against the previous year. The import price peaked at $4,063 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($20,343 per unit), while the price for China ($2,294 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Fork-Lift Truck Price in Thailand (FOB) - 2022
In 2022, the average fork-lift truck export price amounted to $4,076 per unit, reducing by -60% against the previous year. In general, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2019 an increase of 3.6% against the previous year. Over the period under review, the average export prices reached the peak figure at $23,466 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($17,235 per unit), while the average price for exports to Turkey ($6.2 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 Czech Republic (+86.8%), while the prices for the other major destinations experienced mixed trend patterns.
Fork-Lift Truck Imports in Thailand
In 2022, after two years of decline, there was significant growth in overseas purchases of fork-lift trucks, when their volume increased by 47% to 81K units. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fork-lift truck imports soared to $257M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fork-Lift Truck in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 93.1 | 82.8 | 120 | 160 | 19.8% |
| Japan | 83.0 | 63.8 | 65.5 | 70.9 | -5.1% |
| Sweden | 14.3 | 11.2 | 11.8 | 9.2 | -13.7% |
| Others | 40.1 | 28.4 | 21.0 | 16.9 | -25.0% |
| Total | 230 | 186 | 218 | 257 | 3.8% |
Top Suppliers of Fork-Lift Truck to Thailand in 2022:
- China (69.6K units)
- Japan (8.4K units)
- Sweden (1.3K units)
Fork-Lift Truck Exports in Thailand
In 2022, the amount of fork-lift trucks exported from Thailand surged to 11K units, growing by 202% compared with 2021. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, fork-lift truck exports skyrocketed to $43M in 2022. The total export value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fork-Lift Truck in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.6 | 1.6 | 3.6 | 6.3 | 11.1% |
| Indonesia | 4.2 | 3.6 | 4.5 | 6.1 | 13.2% |
| Malaysia | 3.4 | 3.0 | 3.8 | 5.1 | 14.5% |
| Australia | 2.5 | 2.2 | 4.2 | 4.8 | 24.3% |
| Singapore | 1.8 | 1.2 | 2.4 | 3.0 | 18.6% |
| Philippines | 2.5 | 1.7 | 2.2 | 2.8 | 3.8% |
| South Africa | 2.3 | 2.3 | 2.3 | 2.2 | -1.5% |
| Vietnam | 2.3 | 2.3 | 1.9 | 2.2 | -1.5% |
| Czech Republic | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | 8.5 | 12.9 | 11.0 | 10.8 | 8.3% |
| Total | 32.0 | 30.7 | 36.0 | 43.5 | 10.8% |
Top Export Markets for Fork-Lift Truck from Thailand in 2022:
- Turkey (6648.0 units)
- South Korea (557.0 units)
- Indonesia (548.0 units)
- Malaysia (437.0 units)
- Australia (389.0 units)
- Czech Republic (281.0 units)
- Vietnam (273.0 units)
- Singapore (195.0 units)
- Philippines (184.0 units)
- South Africa (183.0 units)
This report provides an in-depth analysis of the fork-lift truck 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 28221513 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height . 1 m
- Prodcom 28221515 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height < 1 m
- Prodcom 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor
- Prodcom 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
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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