Thailand - Illuminated Signs And Illuminated Name-Plates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Thailand - Illuminated Signs And Illuminated Name-Plates - Market Analysis, Forecast, Size, Trends And Insights

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Illuminated Sign Price in Thailand - 2022

Contents:

  1. Illuminated Sign Price in Thailand (CIF) - 2022
  2. Illuminated Sign Price in Thailand (FOB) - 2022
  3. Illuminated Sign Imports in Thailand
  4. Illuminated Sign Exports in Thailand

Illuminated Sign Price in Thailand (CIF) - 2022

The average illuminated sign import price stood at $11,903 per ton in 2022, growing by 7.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $13,390 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 South Korea ($33,572 per ton), while the price for Pakistan ($602 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Illuminated Sign Price in Thailand (FOB) - 2022

In 2022, the average illuminated sign export price amounted to $19,264 per ton, with a decrease of -15.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2021 an increase of 48%. As a result, the export price attained the peak level of $22,695 per ton, and then shrank dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($43,507 per ton), while the average price for exports to Myanmar ($8,310 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Illuminated Sign Imports in Thailand

In 2022, after two years of decline, there was growth in supplies from abroad of illuminated signs and illuminated name-plates, when their volume increased by 1.7% to 494 tons. In general, imports, however, saw a abrupt contraction.

In value terms, illuminated sign imports totaled $5.9M in 2022. Overall, imports, however, showed a abrupt decline.

Import of Illuminated Sign in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1.52.32.72.417.0%
China3.62.21.51.5-25.3%
South Korea1.30.50.40.6-22.7%
Philippines0.90.3N/A0.5-17.8%
PakistanN/AN/AN/AN/A0%
Others1.11.10.70.8-10.1%
Total8.46.45.45.9-11.1%

Top Suppliers of Illuminated Sign to Thailand in 2022:

  1. Malaysia (264.0 tons)
  2. China (139.5 tons)
  3. Pakistan (23.1 tons)
  4. Philippines (20.9 tons)
  5. South Korea (19.1 tons)

Illuminated Sign Exports in Thailand

In 2022, approx. 148 tons of illuminated signs and illuminated name-plates were exported from Thailand; therefore, remained relatively stable against 2021 figures. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 146% against the previous year. As a result, the exports attained the peak of 153 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, illuminated sign exports declined to $2.8M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 112%.

Export of Illuminated Sign in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2203751,3801,01166.3%
Hong Kong SAR41976197971819.7%
Cambodia70.258740129461.2%
Myanmar4.720114.1180237.1%
Singapore57.524.820515138.0%
Lao People's Democratic Republic1191522051508.0%
Tanzania25.153.331.233.410.0%
Others19419513431317.3%
Total1,1092,3483,3502,84937.0%

Top Export Markets for Illuminated Sign from Thailand in 2022:

  1. Hong Kong SAR (32.6 tons)
  2. Cambodia (29.6 tons)
  3. Japan (23.2 tons)
  4. Myanmar (21.7 tons)
  5. Lao People's Democratic Republic (11.9 tons)
  6. Singapore (7.7 tons)
  7. Tanzania (3.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the illuminated sign 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 27402400 - Illuminated signs, illuminated name-plates and the like (including road signs)

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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