Thailand - Gear Boxes - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGear Box Price in Thailand - 2023
Contents:
- Gear Box Price in Thailand (CIF) - 2023
- Gear Box Price in Thailand (FOB) - 2023
- Gear Box Imports in Thailand
- Gear Box Exports in Thailand
Gear Box Price in Thailand (CIF) - 2023
In July 2023, the average gear box import price amounted to $10.0 per unit, therefore, remained relatively stable against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 7.1% against the previous month. Over the period under review, average import prices attained the maximum at $10.2 per unit in June 2023, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($11.0 per unit), while the price for China ($4.2 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Gear Box Price in Thailand (FOB) - 2023
In July 2023, the average gear box export price amounted to $8.7 per unit, leveling off at the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 9.4% month-to-month. The export price peaked at $8.9 per unit in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Brazil ($9.9 per unit), while the average price for exports to Japan ($5.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Gear Box Imports in Thailand
In 2022, gear box imports into Thailand reached 83M units, surging by 1.9% on 2021. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, gear box imports reduced slightly to $2.2B in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 31%. As a result, imports attained the peak of $2.3B, and then contracted in the following year.
| Import of Gear Box in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,146 | 949 | 1,204 | 1,158 | 0.3% |
| United States | 218 | 192 | 263 | 353 | 17.4% |
| Philippines | 207 | 174 | 244 | 253 | 6.9% |
| Indonesia | 198 | 106 | 156 | 144 | -10.1% |
| China | 68.3 | 52.7 | 69.8 | 73.1 | 2.3% |
| Germany | 89.3 | 61.9 | 86.0 | 61.2 | -11.8% |
| India | 50.6 | 36.8 | 50.8 | 56.4 | 3.7% |
| Vietnam | 60.9 | 54.5 | 54.3 | 48.5 | -7.3% |
| Mexico | 65.1 | 42.7 | 30.0 | 8.7 | -48.9% |
| Others | 78.1 | 50.2 | 101 | 73.8 | -1.9% |
| Total | 2,182 | 1,720 | 2,260 | 2,230 | 0.7% |
Top Suppliers of Gear Box to Thailand in 2022:
- Japan (38.9M units)
- Philippines (13.0M units)
- United States (11.4M units)
- Indonesia (6.5M units)
- China (4.0M units)
- India (2.3M units)
- Vietnam (1.8M units)
- Germany (1.6M units)
- Mexico (0.2M units)
Gear Box Exports in Thailand
In 2022, shipments abroad of gear boxes decreased by -13.9% to 39M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 24%. Over the period under review, the exports reached the maximum at 45M units in 2021, and then shrank in the following year.
In value terms, gear box exports dropped markedly to $887M in 2022. In general, exports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 8.4% against the previous year. As a result, the exports reached the peak of $1.1B, and then contracted significantly in the following year.
| Export of Gear Box in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 123 | 134 | 188 | 162 | 9.6% |
| Mexico | 186 | 126 | 139 | 142 | -8.6% |
| China | 258 | 312 | 206 | 96.1 | -28.0% |
| Indonesia | 42.3 | 89.0 | 84.6 | 81.3 | 24.3% |
| South Africa | 20.8 | 30.0 | 69.0 | 69.9 | 49.8% |
| Philippines | 56.1 | 40.3 | 60.5 | 61.7 | 3.2% |
| Vietnam | 54.8 | 44.9 | 43.8 | 49.2 | -3.5% |
| Malaysia | 34.8 | 41.0 | 44.9 | 48.4 | 11.6% |
| Brazil | 19.2 | 14.5 | 29.2 | 38.1 | 25.7% |
| India | 37.2 | 23.9 | 40.8 | 37.5 | 0.3% |
| Japan | 74.9 | 33.0 | 33.7 | 29.9 | -26.4% |
| Russia | 20.7 | 16.1 | 35.0 | 7.4 | -29.0% |
| Others | 69.9 | 68.8 | 80.7 | 63.4 | -3.2% |
| Total | 997 | 973 | 1,055 | 887 | -3.8% |
Top Export Markets for Gear Box from Thailand in 2022:
- United States (7.5M units)
- Mexico (5.7M units)
- China (4.4M units)
- Philippines (3.4M units)
- Indonesia (3.1M units)
- South Africa (2.9M units)
- Japan (2.2M units)
- Vietnam (2.1M units)
- Malaysia (1.9M units)
- Brazil (1.5M units)
- India (1.4M units)
- Russia (0.3M units)
This report provides an in-depth analysis of the gear box 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 29323033 - Gear boxes and their parts
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
-
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
-
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
-
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
-
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
-
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
-
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
425
This report provides an in-depth analysis of the gear box market in Thailand.
359
This report provides an in-depth analysis of the market for automotive parts and accessories in Thailand.
296
This report provides an in-depth analysis of the inflator system airbag market in Thailand.
244
This report provides an in-depth analysis of the brakes and servo-brakes market in Thailand.
312
This report provides an in-depth analysis of the bumper market in Thailand.
253
This report provides an in-depth analysis of the clutch market in Thailand.
256
This report provides an in-depth analysis of the market for driving and non-driving axle in Thailand.
331
This report provides an in-depth analysis of the motor vehicle radiator market in Thailand.
339
This report provides an in-depth analysis of the road wheel market in Thailand.
227
This report provides an in-depth analysis of the safety seat belt market in Thailand.
103
In May 2023, Bumper experienced its most rapid growth pace yet with a month-to-month increase of 46%. By November 2023, the value of bumper exports had soared to $20M.
254
In June 2023, the price of Road Wheel was $4,962 per ton (FOB, Thailand), which is similar to the previous month.
289
The price of Steering Wheels And Columns in May 2023 was $13,665 per ton (FOB, Thailand), representing a 3.7% increase from the previous month.
127
Discover the top import markets for gear boxes around the world, including the United States, China, Germany, and more. Explore key statistics and import values for these countries. Find out how the IndexBox market intelligence platform can provide comprehensive insights for global trade.
1024
In value terms, millstones, grindstones and grinding wheels imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
1082
In value terms, millstones, grindstones and grinding wheels exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend...
1695
Global automotive accessory imports stood at X tons in 2016, ascending by X% against the previous year figure. Overall, automotive accessory imports continue to indicate a slight downturn. The pa...
3422
Global automotive accessory imports stood at X tons in 2016, ascending by X% against the previous year figure. Overall, automotive accessory imports continue to indicate a slight downturn. The pa...
1143
In 2015, global automotive accessory market grew to X billion USD, which was slightly higher than the year before. From 2007 to 2015, average annual growth rate of consumption stood at +X% per year.
1771
China (X million USD) was calculated to be the leading consuming motor vehicle accessory market in 2015, accounting for approximately X% of global consumption. It was distantly followed by the U.S. with a X% share i
