Thailand - Machine-Tools For Drilling, Boring Or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Thailand - Machine-Tools For Drilling, Boring Or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights

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Machine-Tool for Drilling Price in Thailand - 2023

Contents:

  1. Machine-Tool for Drilling Price in Thailand (CIF) - 2022
  2. Machine-Tool for Drilling Price in Thailand (FOB) - 2022
  3. Machine-Tool for Drilling Imports in Thailand
  4. Machine-Tool for Drilling Exports in Thailand

Machine-Tool for Drilling Price in Thailand (CIF) - 2022

The average machine-tool for drilling import price stood at $607 per unit in 2022, surging by 43% against the previous year. Over the period under review, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 47%. As a result, import price reached the peak level of $1,533 per unit. From 2015 to 2022, the average import prices remained 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 Japan ($6,671 per unit), while the price for Denmark ($192 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Machine-Tool for Drilling Price in Thailand (FOB) - 2022

The average machine-tool for drilling export price stood at $2,490 per unit in 2022, with a decrease of -13.1% against the previous year. Overall, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 137%. The export price peaked at $6,924 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($43,012 per unit), while the average price for exports to the Philippines ($649 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 Japan (+23.6%), while the prices for the other major destinations experienced mixed trend patterns.

Machine-Tool for Drilling Imports in Thailand

In 2022, imports of machine-tools for drilling, boring or milling metal into Thailand contracted to 129K units, shrinking by -8.7% against the year before. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports attained the peak of 142K units, and then reduced in the following year.

In value terms, machine-tool for drilling imports skyrocketed to $79M in 2022. Overall, imports saw a abrupt downturn. Imports peaked at $97M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Machine-Tool for Drilling in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan25.225.112.915.9-14.2%
China8.66.88.49.11.9%
Taiwan (Chinese)6.94.35.76.4-2.5%
DenmarkN/A0.4N/A0.950.0%
Others55.847.733.146.3-6.0%
Total96.684.560.178.6-6.6%

Top Suppliers of Machine-Tool for Drilling to Thailand in 2022:

  1. Taiwan (Chinese) (28.0K units)
  2. China (27.2K units)
  3. Denmark (4.9K units)
  4. Japan (2.4K units)

Machine-Tool for Drilling Exports in Thailand

In 2022, overseas shipments of machine-tools for drilling, boring or milling metal decreased by -15.8% to 1.1K units, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 148%. As a result, the exports reached the peak of 3.5K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, machine-tool for drilling exports shrank rapidly to $2.8M in 2022. Overall, exports saw a sharp descent. The smallest decline of -10.2% was in 2021. The exports peaked at $7.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Machine-Tool for Drilling in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,104191107545-21.0%
Singapore10634132316916.8%
Malaysia332413503153-22.8%
Indonesia13376.8N/A1452.9%
Lao People's Democratic Republic67.616.618.615.1-39.3%
India86454.20.513.4-75.1%
SwedenN/A4.2N/AN/A0%
BangladeshN/AN/A45.2N/A0%
ItalyN/A182273N/A50.0%
Others4,7183,0072,5781,776-27.8%
Total7,3244,2853,8492,816-27.3%

Top Export Markets for Machine-Tool for Drilling from Thailand in 2022:

  1. China (396.0 units)
  2. Indonesia (37.0 units)
  3. Singapore (36.0 units)
  4. India (18.0 units)
  5. Lao People's Democratic Republic (17.0 units)
  6. Malaysia (16.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the machine-tool for drilling 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
  • Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
  • Prodcom 28412223 - Numerically controlled tool-milling machines for working metal (excluding boring-milling machines, knee-type machines)
  • Prodcom 28412225 - Numerically controlled milling machines for working metal (including plano-milling machines) (excluding boring-milling machines, knee-type, tool-milling machines)
  • Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
  • Prodcom 28412235 - Non-numerically controlled drilling machines for working metal (excluding way-type unit head machines)
  • Prodcom 28412240 - Numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
  • Prodcom 28412260 - Non-numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
  • Prodcom 28412270 - Non-numerically controlled milling machines for working metal (excluding boring-milling machines)

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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