Report Update: Apr 1, 2024

Thailand - Machine-Tools For Working Stone, Ceramics, And Concrete - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Machine Tools for Working Stone in Thailand - 2023

Price for Machine Tools for Working Stone in Thailand (CIF) - 2023

In September 2023, the average import price for machine-tools for working stone, ceramics, and concrete amounted to $74.5 per unit, which is down by -97.5% against the previous month. Over the period under review, the import price saw a deep reduction. The pace of growth was the most pronounced in August 2023 when the average import price increased by 2,167% month-to-month. As a result, import price attained the peak level of $2,989 per unit, and then contracted significantly in the following month.

As there is only one major supplying country, the average price level is determined by prices for China.

From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -7.0% per month.

Price for Machine Tools for Working Stone in Thailand (FOB) - 2022

The average export price for machine-tools for working stone, ceramics, and concrete stood at $1,556 per unit in 2022, jumping by 229% against the previous year. Over the period under review, the export price showed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($2,445 per unit), while the average price for exports to Myanmar ($148 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 Switzerland (+54.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine Tools for Working Stone in Thailand

In 2022, the amount of machine-tools for working stone, ceramics, and concrete imported into Thailand soared to 26K units, with an increase of 26% against 2021 figures. In general, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year. As a result, imports reached the peak of 36K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, machine tools for working stone imports soared to $10M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Machine Tools for Working Stone in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	1.6	4.3	3.2	5.6	51.8%
China	3.4	3.1	2.5	2.8	-6.3%
South Korea	0.2	N/A	N/A	1.0	71.0%
Taiwan (Chinese)	0.4	0.1	0.2	0.6	14.5%
Italy	0.7	1.9	0.2	N/A	-46.5%
Others	1.0	0.4	0.5	0.2	-41.5%
Total	7.3	9.8	6.6	10.2	11.8%

Top Suppliers of Machine Tools for Working Stone to Thailand in 2022:

Italy (undefinedK units)
China (15.9K units)
South Korea (7.6K units)
Japan (1.1K units)
Taiwan (Chinese) (0.5K units)

Exports of Machine Tools for Working Stone in Thailand

Machine tools for working stone exports from Thailand contracted markedly to 374 units in 2022, with a decrease of -82.3% on the year before. Over the period under review, exports continue to indicate a dramatic downturn. The smallest decline of -46.4% was in 2021. Over the period under review, the exports attained the maximum at 11K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, machine tools for working stone exports fell markedly to $582K in 2022. In general, exports continue to indicate a sharp curtailment. The smallest decline of -26.6% was in 2021. The exports peaked at $3.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Machine Tools for Working Stone in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	51.5	38.6	11.4	71.2	11.4%
Lao People's Democratic Republic	33.5	64.6	18.0	55.1	18.0%
Switzerland	N/A	N/A	N/A	32.4	0%
Myanmar	11.8	20.1	6.3	10.6	-3.5%
United Arab Emirates	3.9	N/A	6.5	6.5	18.6%
Maldives	4.0	3.4	0.8	3.1	-8.1%
Malaysia	N/A	85.7	0.2	2.4	-83.3%
Cambodia	113	1.1	1.3	1.3	-77.4%
Vietnam	28.0	N/A	718	0.2	-80.7%
China	2,938	1,067	89.5	N/A	-82.5%
Philippines	199	0.8	4.0	N/A	-85.8%
Others	175	84.9	146	400	31.7%
Total	3,557	1,366	1,002	582	-45.3%

Top Export Markets for Machine Tools for Working Stone from Thailand in 2022:

Lao People's Democratic Republic (158.0 units)
Myanmar (71.0 units)
India (51.0 units)
United Arab Emirates (23.0 units)
Switzerland (13.0 units)
Maldives (11.0 units)
Malaysia (11.0 units)
Cambodia (1.0 units)
Vietnam (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine tools for working stone 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 28491170 - Machine-tools for working stone, ceramics, concrete, a sbestos-cement or like mineral materials or for cold working glass (excluding sawing machines, grinding or polishing machines)

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