Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand - 2024

Contents:

  1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand
  4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand (CIF) - 2022

The average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $94,429 per ton in 2022, with an increase of 69% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. Over the period under review, average import prices reached the maximum at $103,467 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 the United States ($249,455 per ton), while the price for China ($29,086 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand (FOB) - 2022

The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $41,031 per ton in 2022, with an increase of 8.2% against the previous year. In general, the export price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2020 an increase of 52%. The export price peaked at $57,810 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($266,345 per ton), while the average price for exports to Myanmar ($7,238 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 Turkey (+45.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand

In 2022, after three years of growth, there was significant decline in supplies from abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses, when their volume decreased by -48.2% to 233 tons. Over the period under review, imports, however, saw a strong increase. The growth pace was the most rapid in 2021 when imports increased by 117%. As a result, imports reached the peak of 449 tons, and then fell remarkably in the following year.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses declined to $22M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 49%. As a result, imports reached the peak of $25M, and then reduced in the following year.

Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan11.410.010.311.1-0.9%
China1.31.38.62.727.6%
Germany1.61.11.41.60.0%
United States0.60.30.41.432.6%
Taiwan (Chinese)0.80.60.70.94.0%
South Korea0.70.60.80.98.7%
Italy0.20.20.10.20.0%
Vietnam0.20.20.20.20.0%
Others2.62.52.62.93.7%
Total19.416.825.022.04.3%

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Thailand in 2022:

  1. China (91.5 tons)
  2. Japan (70.6 tons)
  3. Taiwan (Chinese) (28.5 tons)
  4. South Korea (7.9 tons)
  5. Germany (7.0 tons)
  6. United States (5.8 tons)
  7. Vietnam (4.1 tons)
  8. Italy (3.6 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand

For the third consecutive year, Thailand recorded decline in shipments abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses, which decreased by -45.4% to 19 tons in 2022. In general, exports faced a dramatic decline. The smallest decline of -1.5% was in 2020.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses shrank markedly to $800K in 2022. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 50% against the previous year. As a result, the exports reached the peak of $1.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10814819816114.2%
China4.811.163.3123194.8%
Japan15140825380.8-18.8%
India4.124.827.673.5161.7%
United States41221119269.8-44.7%
TurkeyN/A31.343.350.126.5%
Malaysia11510.573.024.3-40.4%
Indonesia2.19.111.018.6106.9%
Singapore39.111912.816.9-24.4%
South Korea20.940485.915.8-8.9%
Germany23.411437.115.5-12.8%
Vietnam9.613.614.08.8-2.9%
Myanmar81.153.510.64.3-62.4%
Others319378334137-24.6%
Total1,2911,9361,355800-14.7%

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Thailand in 2022:

  1. United States (5.3 tons)
  2. China (4.0 tons)
  3. Turkey (1.3 tons)
  4. India (1.3 tons)
  5. Japan (1.0 tons)
  6. Singapore (0.8 tons)
  7. Myanmar (0.6 tons)
  8. Indonesia (0.6 tons)
  9. France (0.6 tons)
  10. Germany (0.6 tons)
  11. Vietnam (0.5 tons)
  12. Malaysia (0.4 tons)
  13. South Korea (0.1 tons)

Source: IndexBox Market Intelligence Platform

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