Thailand - Table, Kitchen Or Household Articles Of Cast Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cast Iron Household Articles in Thailand - 2023
Contents:
- Price for Cast Iron Household Articles in Thailand (CIF) - 2022
- Price for Cast Iron Household Articles in Thailand (FOB) - 2023
- Imports of Cast Iron Household Articles in Thailand
- Exports of Cast Iron Household Articles in Thailand
Price for Cast Iron Household Articles in Thailand (CIF) - 2022
In 2022, the average cast iron household articles import price amounted to $1,383 per ton, shrinking by -21.2% against the previous year. In general, the import price recorded a mild slump. The pace of growth was the most pronounced in 2018 an increase of 62%. Over the period under review, average import prices reached the peak figure at $3,245 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($1,200 per ton), while the price for China amounted to $1,062 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.3%).
Price for Cast Iron Household Articles in Thailand (FOB) - 2023
In September 2023, the average cast iron household articles export price amounted to $5,007 per ton, picking up by 21% against the previous month. In general, the export price, however, saw a noticeable slump. The pace of growth was the most pronounced in November 2022 an increase of 51% month-to-month. The export price peaked at $7,810 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Japan ($20,286 per ton), while the average price for exports to Cambodia ($2,907 per ton) 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 Maldives (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cast Iron Household Articles in Thailand
In 2022, overseas purchases of table, kitchen or household articles of cast iron decreased by -54.3% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 184%.
In value terms, cast iron household articles imports declined markedly to $5.3M in 2022. Overall, imports showed a pronounced decrease. The pace of growth appeared the most rapid in 2020 with an increase of 70% against the previous year.
Import of Cast Iron Household Articles in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.2 | 8.9 | 13.2 | 3.7 | -4.1% |
Japan | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
Others | 1.1 | 0.7 | 1.3 | 1.4 | 8.4% |
Total | 5.8 | 9.9 | 14.8 | 5.3 | -3.0% |
Top Suppliers of Cast Iron Household Articles to Thailand in 2022:
- China (3.4K tons)
- Japan (0.2K tons)
Exports of Cast Iron Household Articles in Thailand
In 2022, cast iron household articles exports from Thailand was estimated at 638 tons, standing approx. at the year before. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 86%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, cast iron household articles exports shrank remarkably to $3.4M in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 126% against the previous year. As a result, the exports attained the peak of $5.5M, and then shrank remarkably in the following year.
Export of Cast Iron Household Articles in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 215 | 930 | 920 | 1,044 | 69.3% |
Japan | 4.0 | 33.3 | 3,330 | 953 | 519.9% |
Cambodia | 124 | 72.0 | 593 | 730 | 80.6% |
Maldives | 164 | 24.7 | 103 | 161 | -0.6% |
United States | 659 | 250 | 111 | 69.0 | -52.9% |
Lao People's Democratic Republic | 198 | 49.2 | 54.8 | 54.4 | -35.0% |
Others | 2,126 | 1,088 | 420 | 437 | -41.0% |
Total | 3,490 | 2,448 | 5,531 | 3,448 | -0.4% |
Top Export Markets for Cast Iron Household Articles from Thailand in 2022:
- Cambodia (234.3 tons)
- Myanmar (175.2 tons)
- Maldives (104.0 tons)
- Lao People's Democratic Republic (42.8 tons)
- Japan (28.4 tons)
- United States (7.5 tons)
This report provides an in-depth analysis of the market for cast iron household articles 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 25991217 - Table, kitchen or household articles... of cast iron
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.
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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
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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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