Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand - 2024

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand (CIF) - 2022
  2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand (FOB) - 2022
  3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand
  4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $653 per unit, dropping by -38.9% against the previous year. In general, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2018 an increase of 30%. As a result, import price reached the peak level of $2,396 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

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 China ($665 per unit), while the price for South Korea ($409 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,744 per unit, increasing by 25% against the previous year. In general, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $2,342 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($2,232 per unit), while the average price for exports to Germany ($77 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 Vietnam (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand

In 2022, supplies from abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses increased by 17% to 4.4K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep slump. Imports peaked at 8.5K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses declined markedly to $2.9M in 2022. Over the period under review, imports, however, continue to indicate a precipitous shrinkage. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.81.91.51.7-37.0%
Japan3.60.70.51.1-32.6%
Italy0.6N/AN/A0.1-45.0%
Indonesia6.05.01.9N/A-43.7%
Others0.80.10.1N/A-64.6%
Total17.97.64.02.9-45.5%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Thailand in 2022:

  1. China (2.5K units)
  2. Japan (1.7K units)
  3. Italy (0.1K units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand

In 2022, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses from Thailand surged to 111 units, growing by 66% compared with the previous year's figure. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 205% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses soared to $194K in 2022. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 129% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia83.5N/AN/A13316.8%
Hong Kong SAR15.2N/AN/A27.221.4%
AustraliaN/AN/AN/A22.30%
VietnamN/A29.218.410.5-40.0%
GermanyN/AN/AN/A0.50%
ChinaN/AN/A75.0N/A0%
Indonesia19.9N/AN/AN/A0%
Lao People's Democratic Republic9.6N/A0.1N/A-89.8%
Others5.211.6N/A0.4-57.5%
Total13340.893.519413.4%

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Thailand in 2022:

  1. Malaysia (73.0 units)
  2. Hong Kong SAR (14.0 units)
  3. Australia (10.0 units)
  4. Germany (7.0 units)
  5. Vietnam (6.0 units)

Source: IndexBox Market Intelligence Platform

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