Thailand - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 13, 2024

Thailand - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights

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Price for Ready-Mixed Concrete and Factory Made Mortar in Thailand - 2023

Contents:

  1. Price for Ready-Mixed Concrete and Factory Made Mortar in Thailand (FOB) - 2022
  2. Price for Ready-Mixed Concrete and Factory Made Mortar in Thailand (CIF) - 2022
  3. Exports of Ready-Mixed Concrete and Factory Made Mortar in Thailand
  4. Imports of Ready-Mixed Concrete and Factory Made Mortar in Thailand

Price for Ready-Mixed Concrete and Factory Made Mortar in Thailand (FOB) - 2022

The average export price for ready-mixed concrete and factory made mortars stood at $186 per ton in 2022, shrinking by -2.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 24% against the previous year. As a result, the export price reached the peak level of $281 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($219 per ton), while the average price for exports to the Philippines ($138 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 Lao People's Democratic Republic (+2.9%), while the prices for the other major destinations experienced a decline.

Price for Ready-Mixed Concrete and Factory Made Mortar in Thailand (CIF) - 2022

The average import price for ready-mixed concrete and factory made mortars stood at $1,248 per ton in 2022, with an increase of 3.4% against the previous year. In general, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 45% against the previous year. The import price peaked at $2,891 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($5,921 per ton), while the price for Indonesia ($285 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ready-Mixed Concrete and Factory Made Mortar in Thailand

Exports of ready-mixed concrete and factory made mortars from Thailand surged to 82K tons in 2022, picking up by 21% against the year before. The total export volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 22% 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 ready-mixed concrete and factory made mortars surged to $15M in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ready-Mixed Concrete and Factory Made Mortar in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar0.45.74.75.3136.6%
Cambodia4.73.33.74.1-4.5%
Vietnam3.92.21.72.3-16.1%
Lao People's Democratic Republic2.51.51.52.1-5.6%
Philippines1.01.61.21.39.1%
Others0.50.10.10.1-41.5%
Total13.014.413.015.25.3%

Top Export Markets for Ready-Mixed Concrete and Factory Made Mortar from Thailand in 2022:

  1. Myanmar (26.5K tons)
  2. Cambodia (24.7K tons)
  3. Vietnam (11.0K tons)
  4. Philippines (9.6K tons)
  5. Lao People's Democratic Republic (9.4K tons)

Imports of Ready-Mixed Concrete and Factory Made Mortar in Thailand

In 2022, imports of ready-mixed concrete and factory made mortars into Thailand amounted to 1.8K tons, with an increase of 5.8% compared with the previous year. In general, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, imports attained the peak of 2.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of ready-mixed concrete and factory made mortars rose notably to $2.2M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period.

Import of Ready-Mixed Concrete and Factory Made Mortar in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan9168741,1649972.9%
Malaysia11080.416241655.8%
China78.535824029254.9%
Germany34830735.8151-24.3%
United States19410012575.5-27.0%
France0.2N/A0.155.6552.7%
Singapore13412913.519.0-47.9%
Greece31.423.138.615.9-20.3%
Indonesia13.839.360.710.2-9.6%
Vietnam90.513227.36.1-59.3%
Others1401701481676.1%
Total2,0572,2142,0132,2042.3%

Top Suppliers of Ready-Mixed Concrete and Factory Made Mortar to Thailand in 2022:

  1. China (733.4 tons)
  2. Malaysia (344.3 tons)
  3. Japan (226.6 tons)
  4. France (129.1 tons)
  5. Germany (92.8 tons)
  6. Greece (47.5 tons)
  7. Singapore (37.2 tons)
  8. Indonesia (35.7 tons)
  9. United States (31.8 tons)
  10. Vietnam (14.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar 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 23631000 - Ready-mixed concrete
  • Prodcom 23641000 - Factory made mortars

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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