Price for Book-Binding Machinery; Including Book-Sewing Machines in Thailand - 2023

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in Thailand (FOB) - 2023
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in Thailand (CIF) - 2022
  3. Exports of Book-Binding Machinery; Including Book-Sewing Machines in Thailand
  4. Imports of Book-Binding Machinery; Including Book-Sewing Machines in Thailand

Price for Book-Binding Machinery; Including Book-Sewing Machines in Thailand (FOB) - 2023

The average export price for book-binding machinery; including book-sewing machineses stood at $406 per unit in September 2023, increasing by 6.7% against the previous month. Over the period under review, the export price showed slight growth. The pace of growth appeared the most rapid in January 2023 an increase of 80% m-o-m. Over the period under review, the average export prices reached the peak figure in September 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($548 per unit), while the average price for exports to France ($336 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in Thailand (CIF) - 2022

In 2022, the average import price for book-binding machinery; including book-sewing machineses amounted to $284 per unit, increasing by 4.2% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 46% against the previous year. As a result, import price attained the peak level of $435 per unit. From 2020 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 Switzerland ($1,354 per unit), while the price for Japan ($198 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Book-Binding Machinery; Including Book-Sewing Machines in Thailand

Book-binding machinery; including book-sewing machines exports from Thailand soared to 188K units in 2022, growing by 68% against the year before. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 10,693% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, book-binding machinery; including book-sewing machines exports rose rapidly to $66M in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 10,244%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Book-Binding Machinery; Including Book-Sewing Machines in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A21.831.645.0%
NetherlandsN/A0.123.619.21285.6%
JapanN/A0.25.56.1452.3%
AustraliaN/AN/A1.73.076.5%
FranceN/AN/A1.32.269.2%
CanadaN/AN/A1.21.525.0%
ChinaN/AN/A1.11.0-9.1%
Others0.30.21.61.881.7%
Total0.30.657.866.3504.6%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Thailand in 2022:

  1. United States (97.6K units)
  2. Netherlands (49.5K units)
  3. Japan (13.6K units)
  4. France (8.1K units)
  5. Australia (7.6K units)
  6. Canada (3.9K units)
  7. China (1.9K units)

Imports of Book-Binding Machinery; Including Book-Sewing Machines in Thailand

In 2022, after three years of growth, there was significant decline in supplies from abroad of book-binding machinery; including book-sewing machineses, when their volume decreased by -7.6% to 22K units. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 184%. As a result, imports attained the peak of 24K units, and then contracted in the following year.

In value terms, book-binding machinery; including book-sewing machines imports reduced modestly to $6.2M in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 123% against the previous year. As a result, imports reached the peak of $6.4M, and then fell modestly in the following year.

Import of Book-Binding Machinery; Including Book-Sewing Machines in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2421,2224,9634,427163.5%
Hong Kong SAR9.317.5230884356.4%
Japan641314580474-9.6%
Germany9811,005586268-35.1%
Taiwan (Chinese)33.838.32.411450.0%
Others37228677.931.8-55.9%
Total2,2792,8836,4396,19939.6%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Thailand in 2022:

  1. China (16.8K units)
  2. Japan (2.4K units)
  3. Hong Kong SAR (1.7K units)
  4. Taiwan (Chinese) (0.5K units)
  5. Germany (0.5K units)

Source: IndexBox Market Intelligence Platform

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