Report Update: May 1, 2024

Thailand - Machine Tools For Working Metal Without Removing Metal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Machine Tool for Metal in Thailand - 2023

Price for Machine Tool for Metal in Thailand (CIF) - 2022

The average machine tool for metal import price stood at $564 per unit in 2022, which is down by -6.5% against the previous year. Over the period under review, the import price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 23%. Over the period under review, average import prices reached the maximum at $929 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,155 per unit), while the price for China ($203 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machine Tool for Metal in Thailand (FOB) - 2022

In 2022, the average machine tool for metal export price amounted to $2,369 per unit, with an increase of 66% against the previous year. Overall, the export price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 258%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($5,326 per unit), while the average price for exports to Germany ($111 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 Mexico (+661.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine Tool for Metal in Thailand

Machine tool for metal imports into Thailand shrank sharply to 17K units in 2022, waning by -19.8% compared with 2021 figures. Over the period under review, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 with an increase of 204%. As a result, imports reached the peak of 21K units, and then shrank rapidly in the following year.

In value terms, machine tool for metal imports dropped remarkably to $9.6M in 2022. In general, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2021 with an increase of 138% against the previous year. As a result, imports attained the peak of $13M, and then declined significantly in the following year.

Import of Machine Tool for Metal in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	2.0	1.5	1.5	4.7	33.0%
China	2.0	1.4	4.3	2.5	7.7%
Taiwan (Chinese)	0.8	1.1	0.8	0.4	-20.6%
South Korea	0.3	0.2	1.5	N/A	123.6%
Germany	0.9	0.4	3.0	N/A	82.6%
Others	1.1	0.8	1.6	2.0	22.1%
Total	7.2	5.4	12.8	9.6	10.1%

Top Suppliers of Machine Tool for Metal to Thailand in 2022:

Germany (undefinedK units)
China (12.4K units)
Japan (3.8K units)
Taiwan (Chinese) (0.5K units)
South Korea (0.1K units)

Exports of Machine Tool for Metal in Thailand

In 2022, approx. 33 units of machine tools for working metal without removing metal were exported from Thailand; waning by -97.5% on 2021. In general, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 103%. The exports peaked at 3.3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, machine tool for metal exports reduced sharply to $79K in 2022. Over the period under review, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 61% against the previous year. Over the period under review, the exports reached the peak figure at $5.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Machine Tool for Metal in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	1,200	145	N/A	43.5	-66.9%
Singapore	2.6	N/A	1.5	15.7	82.1%
Malaysia	15.2	33.1	31.6	10.7	-11.0%
India	405	N/A	571	8.5	-72.4%
Germany	N/A	0.1	N/A	0.6	144.9%
Spain	918	N/A	N/A	N/A	0%
Italy	N/A	N/A	758	N/A	0%
United States	345	0.3	58.3	N/A	-58.9%
Indonesia	N/A	898	251	N/A	-72.0%
Lao People's Democratic Republic	22.7	26.8	29.5	N/A	14.0%
Australia	1,436	N/A	N/A	N/A	0%
Others	717	88.5	219	N/A	-44.7%
Total	5,062	1,192	1,919	79.1	-75.0%

Top Export Markets for Machine Tool for Metal from Thailand in 2022:

Malaysia (9.0 units)
Vietnam (8.0 units)
Singapore (5.0 units)
India (5.0 units)
Germany (5.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine tool for 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 28413470 - Riveting machines, swaging machines and spinning lathes for working metal, machines for manufacturing flexible tubes of spiral metal strip and electro-magnetic pulse metal forming machines, and other machine tools for working metal without removing metal

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