Thailand - Electric Bakery And Biscuit Ovens - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Electric Bakery And Biscuit Ovens - Market Analysis, Forecast, Size, Trends And Insights

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Price for Industrial, Laboratory or Bakery Oven in Thailand - 2022

Contents:

  1. Price for Industrial, Laboratory or Bakery Oven in Thailand (CIF) - 2022
  2. Price for Industrial, Laboratory or Bakery Oven in Thailand (FOB) - 2022
  3. Imports of Industrial, Laboratory or Bakery Oven in Thailand
  4. Exports of Industrial, Laboratory or Bakery Oven in Thailand

Price for Industrial, Laboratory or Bakery Oven in Thailand (CIF) - 2022

The average import price for industrial, laboratory or bakery ovens stood at $3,963 per unit in 2022, shrinking by -11.8% against the previous year. Over the period under review, the import price, however, showed a measured expansion. The most prominent rate of growth was recorded in 2013 an increase of 53% against the previous year. Over the period under review, average import prices reached the maximum at $6,181 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 ($14,712 per unit), while the price for China ($3,567 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+374.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Industrial, Laboratory or Bakery Oven in Thailand (FOB) - 2022

In 2021, the average export price for industrial, laboratory or bakery ovens amounted to $243 per unit, reducing by -24.9% against the previous year. In general, the export price showed a deep slump. The pace of growth was the most pronounced in 2016 an increase of 106% against the previous year. Over the period under review, the average export prices hit record highs at $1,276 per unit in 2017; however, from 2018 to 2021, 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 Canada ($3,328 per unit), while the average price for exports to Myanmar ($41 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial, Laboratory or Bakery Oven in Thailand

In 2022, the amount of industrial, laboratory or bakery ovens imported into Thailand amounted to 3.7K units, increasing by 11% on the previous year. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 23%. As a result, imports reached the peak of 4.1K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, industrial, laboratory or bakery oven imports fell to $14M in 2022. Overall, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 34%. As a result, imports attained the peak of $26M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Industrial, Laboratory or Bakery Oven in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.16.86.712.025.3%
Japan5.89.23.41.8-32.3%
Sweden0.2N/A0.10.751.8%
South Korea1.12.1N/AN/A90.9%
Germany1.33.31.2N/A-3.9%
France0.80.1N/AN/A-87.5%
Italy0.60.70.9N/A22.5%
Others3.13.32.4N/A-12.0%
Total19.025.614.814.5-8.6%

Top Suppliers of Industrial, Laboratory or Bakery Oven to Thailand in 2022:

  1. China (3.4K units)
  2. Sweden (0.2K units)
  3. Japan (0.1K units)

Exports of Industrial, Laboratory or Bakery Oven in Thailand

In 2021, after two years of growth, there was significant decline in overseas shipments of industrial, laboratory or bakery ovens, when their volume decreased by -50.3% to 1.5K units. Over the period under review, exports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 89%. As a result, the exports attained the peak of 3K units, and then dropped markedly in the following year.

In value terms, industrial, laboratory or bakery oven exports shrank significantly to $363K in 2021. In general, exports saw a dramatic downturn. The smallest decline of -51.2% was in 2020. The exports peaked at $2M in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Export of Industrial, Laboratory or Bakery Oven in Thailand (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Canada46880.3116-50.2%
Switzerland51.934.565.312.2%
Malaysia17.714.550.068.1%
Vietnam24853544.2-57.8%
Myanmar5.340.720.295.2%
Lao People's Democratic Republic7.05.419.566.9%
Sri Lanka0.8N/A11.8284.1%
Spain63.5N/A8.9-62.6%
Italy40.25.13.1-72.2%
India291N/A0.1-98.1%
United Kingdom265N/AN/A0%
Hong Kong SARN/A4.6N/A0%
United Arab EmiratesN/A36.6N/A0%
Others53121523.0-79.2%
Total1,989972363-57.3%

Top Export Markets for Industrial, Laboratory or Bakery Oven from Thailand in 2022:

  1. Myanmar (486.0 units)
  2. Lao People's Democratic Republic (209.0 units)
  3. Switzerland (205.0 units)
  4. Sri Lanka (137.0 units)
  5. Vietnam (102.0 units)
  6. Malaysia (98.0 units)
  7. Spain (68.0 units)
  8. Italy (36.0 units)
  9. Canada (35.0 units)
  10. India (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven 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 28211330 - Electric bakery and biscuit ovens
  • Prodcom 28211351 - Resistance heated industrial or laboratory furnaces and ovens (excluding bakery and biscuit ovens)

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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