Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand - 2024

Contents:

  1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand
  4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $21,491 per ton, growing by 18% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 65%. Over the period under review, average import prices reached the peak figure at $30,734 per ton in 2013; however, from 2014 to 2022, 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 Japan ($76,869 per ton), while the price for China ($5,997 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.4%), while the prices for the other major suppliers experienced a decline.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $60,824 per ton, with an increase of 3.8% against the previous year. Over the period under review, the export price enjoyed a notable expansion. The pace of growth appeared the most rapid in 2019 an increase of 743%. The export price peaked at $82,391 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($90,929 per ton), while the average price for exports to Bangladesh ($15,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+55.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand

After two years of decline, overseas purchases of machine-tools; parts and accessories, for the machines of heading no. 8464 increased by 128% to 67 tons in 2022. Over the period under review, imports saw a pronounced expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 surged to $1.4M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany40.831.618.9927183.2%
China2171442382474.4%
Italy60.139.656.637.9-14.2%
United States33.732.737.430.3-3.5%
Others89.215119020532.0%
Total4413995411,44748.6%

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Thailand in 2022:

  1. China (41.1 tons)
  2. Germany (20.4 tons)
  3. United States (1.6 tons)
  4. Italy (1.0 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand

Exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from Thailand amounted to 4.6 tons in 2022, picking up by 6.9% on the year before. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 294% against the previous year. Over the period under review, the exports of machine-tools; parts and accessories, for machines of heading no. 8464 hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 rose markedly to $282K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 180% against the previous year. Over the period under review, the exports of machine-tools; parts and accessories, for machines of heading no. 8464 hit record highs in 2022 and are likely to see gradual growth in years to come.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany66.873.920625155.5%
IndonesiaN/A2.90.27.055.4%
Vietnam1.23.36.75.364.1%
Lao People's Democratic Republic0.1N/A0.42.5192.4%
AngolaN/AN/A10.9N/A0%
United Arab EmiratesN/AN/A17.8N/A0%
Bangladesh4.28.511.0N/A61.8%
Others7.42.21.116.129.6%
Total79.890.725428252.3%

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Thailand in 2022:

  1. Germany (3838.0 kg)
  2. Indonesia (304.0 kg)
  3. Vietnam (191.0 kg)
  4. Lao People's Democratic Republic (138.0 kg)
  5. Bangladesh (1.0 kg)

Source: IndexBox Market Intelligence Platform

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