Thailand - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Loading Machinery Price in Thailand - 2023

Contents:

  1. Loading Machinery Price in Thailand (CIF) - 2022
  2. Loading Machinery Price in Thailand (FOB) - 2023
  3. Loading Machinery Imports in Thailand
  4. Loading Machinery Exports in Thailand

Loading Machinery Price in Thailand (CIF) - 2022

The average loading machinery import price stood at $1,291 per unit in 2022, with a decrease of -36.3% against the previous year. Overall, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2015 when the average import price increased by 32%. Over the period under review, average import prices attained the maximum at $5,516 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,344 per unit), while the price for China ($799 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.3%), while the prices for the other major suppliers experienced a decline.

Loading Machinery Price in Thailand (FOB) - 2023

In September 2023, the average loading machinery export price amounted to $299 per unit, rising by 129% against the previous month. Over the period under review, the export price recorded slight growth. The most prominent rate of growth was recorded in October 2022 an increase of 387% against the previous month. As a result, the export price attained the peak level of $1,157 per unit. From November 2022 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($781 per unit), while the average price for exports to the United States amounted to $130 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.0%).

Loading Machinery Imports in Thailand

For the fourth year in a row, Thailand recorded growth in overseas purchases of lifting, handling, loading or unloading machinery, which increased by 56% to 210K units in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 93% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, loading machinery imports reduced slightly to $271M in 2022. The total import value increased at an average annual rate of +8.6% 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 30%. As a result, imports attained the peak of $272M, leveling off in the following year.

Import of Loading Machinery in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan47.764.965.886.521.9%
China48.953.178.882.919.2%
Germany21.99.911.622.50.9%
South Korea26.518.230.020.5-8.2%
Malaysia7.46.228.018.335.2%
Others58.856.558.240.0-12.1%
Total2112092722718.7%

Top Suppliers of Loading Machinery to Thailand in 2022:

  1. China (103.7K units)
  2. Japan (64.7K units)
  3. Malaysia (11.2K units)
  4. South Korea (10.0K units)
  5. Germany (6.0K units)

Loading Machinery Exports in Thailand

In 2022, the amount of lifting, handling, loading or unloading machinery exported from Thailand soared to 8.7K units, jumping by 34% on 2021. The total export volume increased at an average annual rate of +13.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, loading machinery exports skyrocketed to $24M in 2022. In general, exports, however, continue to indicate a pronounced setback. Over the period under review, the exports attained the maximum at $31M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Loading Machinery in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.16.63.56.4-3.4%
Vietnam1.40.92.13.028.9%
Malaysia4.03.41.42.5-14.5%
India1.20.21.22.426.0%
Japan2.52.22.62.3-2.7%
Australia2.00.81.11.2-15.7%
Cambodia0.40.30.11.140.1%
IndonesiaN/A0.30.20.973.2%
Singapore0.60.50.30.810.1%
China2.31.33.80.8-29.7%
Philippines2.110.20.50.6-34.1%
EcuadorN/AN/AN/AN/A0%
PanamaN/AN/AN/AN/A0%
Others4.54.62.92.4-18.9%
Total28.131.519.824.3-4.7%

Top Export Markets for Loading Machinery from Thailand in 2022:

  1. United States (1421.0 units)
  2. India (1103.0 units)
  3. Cambodia (865.0 units)
  4. Ecuador (632.0 units)
  5. Vietnam (611.0 units)
  6. Japan (532.0 units)
  7. Malaysia (487.0 units)
  8. Panama (441.0 units)
  9. China (321.0 units)
  10. Singapore (301.0 units)
  11. Indonesia (269.0 units)
  12. Australia (243.0 units)
  13. Philippines (132.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the loading machinery 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
  • Prodcom 28221850 - Loading machinery specially designed for agricultural use

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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