Thailand - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Conveyor or Transmission Belt in Thailand - 2023
Contents:
- Price for Conveyor or Transmission Belt in Thailand (FOB) - 2023
- Price for Conveyor or Transmission Belt in Thailand (CIF) - 2023
- Exports of Conveyor or Transmission Belt in Thailand
- Imports of Conveyor or Transmission Belt in Thailand
Price for Conveyor or Transmission Belt in Thailand (FOB) - 2023
The average conveyor or transmission belt export price stood at $12,875 per ton in September 2023, picking up by 10% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in November 2022 an increase of 26% m-o-m. Over the period under review, the average export prices attained the peak figure at $12,931 per ton in July 2023; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($25,104 per ton), while the average price for exports to Saudi Arabia ($4,208 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 the United States (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Conveyor or Transmission Belt in Thailand (CIF) - 2023
The average conveyor or transmission belt import price stood at $11,293 per ton in September 2023, jumping by 50% against the previous month. Over the period under review, import price indicated a tangible increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, conveyor or transmission belt import price increased by +49.9% against August 2023 indices. Over the period under review, average import prices attained the maximum at $13,702 per ton in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($40,194 per ton), while the price for China ($5,638 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Conveyor or Transmission Belt in Thailand
In 2022, approx. 14K tons of conveyor or transmission belts or belting were exported from Thailand; almost unchanged from 2021 figures. The total export volume increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, conveyor or transmission belt exports contracted to $138M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 24%. As a result, the exports attained the peak of $149M, and then declined in the following year.
| Export of Conveyor or Transmission Belt in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.9 | 12.2 | 15.3 | 16.2 | 2.8% |
| China | 12.8 | 14.0 | 16.9 | 15.6 | 6.8% |
| Singapore | 12.2 | 10.2 | 13.4 | 12.1 | -0.3% |
| Indonesia | 8.1 | 4.6 | 8.2 | 11.0 | 10.7% |
| Japan | 7.6 | 8.6 | 9.3 | 10.8 | 12.4% |
| Philippines | 5.1 | 3.5 | 6.1 | 8.0 | 16.2% |
| Vietnam | 8.7 | 7.8 | 8.7 | 7.9 | -3.2% |
| Australia | 6.3 | 9.7 | 9.9 | 6.4 | 0.5% |
| India | 4.4 | 3.6 | 5.3 | 5.5 | 7.7% |
| Egypt | 3.3 | 3.1 | 2.5 | 2.9 | -4.2% |
| Turkey | 1.9 | 1.7 | 2.3 | 2.7 | 12.4% |
| Cambodia | 4.2 | 3.4 | 5.7 | 2.5 | -15.9% |
| Netherlands | 1.4 | 1.5 | 1.8 | 1.9 | 10.7% |
| Others | 40.6 | 35.6 | 43.1 | 34.0 | -5.7% |
| Total | 132 | 120 | 149 | 138 | 1.5% |
Top Export Markets for Conveyor or Transmission Belt from Thailand in 2022:
- United States (2.1K tons)
- China (1.7K tons)
- Singapore (1.5K tons)
- Indonesia (1.1K tons)
- Japan (1.1K tons)
- Australia (1.0K tons)
- Vietnam (0.7K tons)
- India (0.6K tons)
- Turkey (0.5K tons)
- Egypt (0.4K tons)
- Philippines (0.4K tons)
- Cambodia (0.2K tons)
- Netherlands (0.2K tons)
Imports of Conveyor or Transmission Belt in Thailand
After three years of growth, purchases abroad of conveyor or transmission belts or belting decreased by -7.5% to 9.3K tons in 2022. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 16%.
In value terms, conveyor or transmission belt imports dropped to $79M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year.
| Import of Conveyor or Transmission Belt in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.4 | 15.4 | 23.1 | 24.6 | 19.5% |
| Japan | 16.2 | 26.2 | 20.4 | 17.3 | 2.2% |
| Germany | 6.1 | 7.0 | 8.8 | 7.7 | 8.1% |
| United States | 5.5 | 5.1 | 4.8 | 4.9 | -3.8% |
| Indonesia | 3.6 | 4.5 | 5.9 | 4.6 | 8.5% |
| Poland | 14.0 | 9.9 | 6.7 | 3.7 | -35.8% |
| India | 1.7 | 2.5 | 2.5 | 2.3 | 10.6% |
| Others | 15.6 | 14.2 | 15.7 | 13.5 | -4.7% |
| Total | 77.2 | 84.9 | 88.0 | 78.6 | 0.6% |
Top Suppliers of Conveyor or Transmission Belt to Thailand in 2022:
- China (6.1K tons)
- Poland (0.8K tons)
- Germany (0.6K tons)
- India (0.4K tons)
- Japan (0.4K tons)
- Indonesia (0.2K tons)
- United States (0.1K tons)
This report provides an in-depth analysis of the market for conveyor or transmission belt 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 22194030 - Rubber transmission belts of trapezoidal and/or striped configuration (including V-belts)
- Prodcom 22194050 - Rubber conveyor belts
- Prodcom 22194070 - Rubber synchronous belts
- Prodcom 22194090 - Rubber transmission belts (excluding V-belts and V-belting, t rapezoidal and/or striped configuration, conveyor belt, s ynchronous belt)
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
-
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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