Report Update: May 1, 2024

Thailand - Lathes For Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Price for Lathe for Removing Metal in Thailand - 2023

Price for Lathe for Removing Metal in Thailand (FOB) - 2022

In 2022, the average lathe for removing metal export price amounted to $46,752 per unit, dropping by -22.8% against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 36% against the previous year. The export price peaked at $220,392 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($134,932 per unit), while the average price for exports to Japan ($31,529 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.2%), while the prices for the other major destinations experienced a decline.

Price for Lathe for Removing Metal in Thailand (CIF) - 2022

The average lathe for removing metal import price stood at $15,838 per unit in 2022, waning by -14% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the peak figure at $62,683 per unit in 2017; however, from 2018 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 ($26,000 per unit), while the price for China ($6,580 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 States (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Lathe for Removing Metal in Thailand

In 2022, approx. 5.2K units of lathes for removing metal were exported from Thailand; picking up by 39% on the year before. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 240% against the previous year. Over the period under review, the lafor removing metal exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, lathe for removing metal exports rose significantly to $244M in 2022. In general, exports posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 141% against the previous year. Over the period under review, the lafor removing metal exports hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Lathe for Removing Metal in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	37.6	10.8	51.0	69.7	22.8%
Japan	44.2	24.8	56.1	53.5	6.6%
United States	46.0	31.8	39.1	48.3	1.6%
Taiwan (Chinese)	6.1	5.2	15.4	15.6	36.8%
South Korea	7.1	4.6	13.7	15.4	29.4%
India	6.8	3.9	7.6	9.0	9.8%
China	8.6	2.7	9.0	6.7	-8.0%
Vietnam	4.8	3.2	9.1	5.4	4.0%
Others	11.8	7.4	26.2	20.6	20.4%
Total	173	94.3	227	244	12.1%

Top Export Markets for Lathe for Removing Metal from Thailand in 2022:

Japan (1696.0 units)
Netherlands (1291.0 units)
United States (755.0 units)
Taiwan (Chinese) (360.0 units)
South Korea (304.0 units)
India (218.0 units)
China (131.0 units)
Vietnam (128.0 units)

Imports of Lathe for Removing Metal in Thailand

Lathe for removing metal imports into Thailand skyrocketed to 8.2K units in 2022, picking up by 41% compared with the year before. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, lathe for removing metal imports soared to $130M in 2022. Overall, imports, however, continue to indicate a drastic downturn. Over the period under review, lafor removing metal imports hit record highs at $152M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Lathe for Removing Metal in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	79.8	53.6	51.9	60.2	-9.0%
Taiwan (Chinese)	29.1	12.0	19.7	23.3	-7.1%
China	15.3	17.1	14.5	17.0	3.6%
France	N/A	5.9	4.6	8.0	16.4%
South Korea	5.7	2.9	3.1	5.3	-2.4%
United States	3.5	3.0	2.1	3.8	2.8%
Switzerland	0.7	1.5	0.3	1.3	22.9%
Germany	9.8	10.8	1.6	0.1	-78.3%
Others	7.8	2.4	9.2	10.9	11.8%
Total	152	109	107	130	-5.1%

Top Suppliers of Lathe for Removing Metal to Thailand in 2022:

China (2583.0 units)
Japan (2315.0 units)
Taiwan (Chinese) (1208.0 units)
France (805.0 units)
United States (359.0 units)
South Korea (226.0 units)
Switzerland (136.0 units)
Germany (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lathe for removing metal 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 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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