Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Thailand - 2024

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Thailand (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Thailand (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Thailand
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Thailand

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Thailand (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $302 per unit, waning by -39.5% against the previous year. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 36% against the previous year. As a result, import price attained the peak level of $2,282 per unit. From 2015 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 ($613 per unit), while the price for Japan ($167 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+34.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Thailand (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $1,720 per unit in 2022, with a decrease of -20% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses decreased by -25.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs at $2,301 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Singapore ($2,187 per unit), while the average price for exports to Hong Kong SAR amounted to $1,315 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+66.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Thailand

In 2022, supplies from abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses was finally on the rise to reach 769 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a dramatic decline. Over the period under review, imports of attained the peak figure at 1.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses soared to $232K in 2022. In general, imports, however, continue to indicate a sharp decline. Over the period under review, imports of hit record highs at $1.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Thailand in 2022:

1. Japan (505.0 units)
2. China (219.0 units)
3. South Korea (16.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Thailand

In 2022, after two years of decline, there was significant growth in shipments abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, when their volume increased by 155% to 28 units. Overall, exports, however, recorded a sharp decline. Over the period under review, the exports of hit record highs at 2.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses soared to $48K in 2022. Over the period under review, exports, however, continue to indicate a sharp decline. The exports peaked at $5.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Thailand in 2022:

1. Hong Kong SAR (15.0 units)
2. Singapore (13.0 units)

Source: IndexBox Market Intelligence Platform