Musical Boxes Price in Thailand - 2023

Contents:

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

Musical Boxes Price in Thailand (CIF) - 2022

In 2022, the average musical boxes import price amounted to $5.1 per unit, growing by 36% against the previous year. In general, the import price recorded a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($17 per unit), while the price for China ($3.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced a decline.

Musical Boxes Price in Thailand (FOB) - 2022

In 2022, the average musical boxes export price amounted to $3.2 per unit, reducing by -14.4% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 46%. As a result, the export price attained the peak level of $8.8 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +10.4% per year.

Musical Boxes Imports in Thailand

In 2022, overseas purchases of musical boxeses increased by 38% to 111K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a dramatic curtailment. Over the period under review, imports attained the maximum at 436K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, musical boxes imports soared to $561K in 2022. Overall, imports, however, recorded a dramatic slump. Over the period under review, imports hit record highs at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Musical Boxes to Thailand in 2022:

1. China (99.0K units)
2. Indonesia (7.7K units)
3. Japan (2.3K units)

Musical Boxes Exports in Thailand

In 2022, the amount of musical boxeses exported from Thailand soared to 106K units, jumping by 114% on the previous year's figure. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 2,800% against the previous year. As a result, the exports reached the peak of 161K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, musical boxes exports skyrocketed to $335K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,210% against the previous year. As a result, the exports reached the peak of $488K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Musical Boxes from Thailand in 2022:

1. Turkey (106.1K units)

Source: IndexBox Market Intelligence Platform