Thailand - Isolating Switches & Make-And-Break Switches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsolating Switch Price in Thailand - 2023
Contents:
- Isolating Switch Price in Thailand (CIF) - 2022
- Isolating Switch Price in Thailand (FOB) - 2022
- Isolating Switch Imports in Thailand
- Isolating Switch Exports in Thailand
Isolating Switch Price in Thailand (CIF) - 2022
In 2022, the average isolating switch import price amounted to $46 per unit, surging by 8.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2013 an increase of 28% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($153 per unit), while the price for the Netherlands ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Isolating Switch Price in Thailand (FOB) - 2022
In 2022, the average isolating switch export price amounted to $34 per unit, dropping by -6.2% against the previous year. In general, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 25% against the previous year. The export price peaked at $41 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($130 per unit), while the average price for exports to South Africa ($16 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 South Africa (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Isolating Switch Imports in Thailand
In 2022, the amount of isolating switches & make-and-break switches imported into Thailand dropped sharply to 1M units, which is down by -35.7% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Over the period under review, imports hit record highs at 2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, isolating switch imports dropped rapidly to $47M in 2022. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Imports peaked at $73M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Isolating Switch in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 18.3 | 11.4 | 17.2 | 21.5 | 5.5% |
| Italy | 4.7 | 3.9 | 3.0 | 6.2 | 9.7% |
| China | 12.9 | 4.5 | 6.6 | 6.1 | -22.1% |
| Sweden | 0.1 | 0.1 | 2.5 | 4.1 | 244.8% |
| Switzerland | 21.2 | 2.5 | 6.3 | 2.2 | -53.0% |
| Swaziland | N/A | N/A | N/A | 1.6 | 0% |
| Germany | 1.5 | 4.5 | 14.9 | 1.2 | -7.2% |
| Japan | 4.5 | 1.3 | 1.1 | 0.8 | -43.8% |
| Netherlands | 1.5 | 0.3 | 0.4 | 0.4 | -35.6% |
| United States | 4.9 | 2.4 | 0.6 | 0.4 | -56.6% |
| Austria | N/A | 4.9 | 5.5 | N/A | 12.2% |
| Others | 3.0 | 16.5 | 9.8 | 2.9 | -1.1% |
| Total | 72.6 | 52.1 | 68.1 | 47.3 | -13.3% |
Top Suppliers of Isolating Switch to Thailand in 2022:
- South Korea (449.4K units)
- Italy (175.6K units)
- China (162.7K units)
- Sweden (118.4K units)
- Switzerland (31.6K units)
- Swaziland (26.4K units)
- Netherlands (23.4K units)
- Germany (15.1K units)
- United States (8.3K units)
- Japan (4.9K units)
- Austria (0.1K units)
Isolating Switch Exports in Thailand
In 2022, after three years of growth, there was significant decline in shipments abroad of isolating switches & make-and-break switches, when their volume decreased by -6% to 1.2M units. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 101% against the previous year. The exports peaked at 1.3M units in 2021, and then fell in the following year.
In value terms, isolating switch exports reduced to $40M in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 106% against the previous year. The exports peaked at $45M in 2021, and then dropped in the following year.
| Export of Isolating Switch in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 7.0 | 10.6 | 25.4 | 26.7 | 56.2% |
| Japan | 3.7 | 3.3 | 4.2 | 3.4 | -2.8% |
| South Africa | 1.6 | 2.1 | 3.3 | 3.3 | 27.3% |
| Norway | N/A | N/A | N/A | 2.5 | 0% |
| Pakistan | 0.9 | 11.8 | 4.0 | 1.5 | 18.6% |
| Malaysia | 0.2 | 0.1 | 0.2 | 0.5 | 35.7% |
| Egypt | N/A | N/A | 5.4 | N/A | 0% |
| Others | 1.7 | 3.2 | 2.4 | 1.7 | 0.0% |
| Total | 15.0 | 31.0 | 44.9 | 39.6 | 38.2% |
Top Export Markets for Isolating Switch from Thailand in 2022:
- United Arab Emirates (750.0K units)
- South Africa (208.9K units)
- Japan (84.2K units)
- Pakistan (41.0K units)
- Malaysia (23.9K units)
- Norway (19.1K units)
This report provides an in-depth analysis of the isolating switch 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 27121030 - Isolating switches and make-and-break switches
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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