Thailand - Moulded Rubber Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Rubber-To-Metal and Moulded Article in Thailand - 2023
Contents:
- Price for Rubber-To-Metal and Moulded Article in Thailand (FOB) - 2023
- Price for Rubber-To-Metal and Moulded Article in Thailand (CIF) - 2023
- Exports of Rubber-To-Metal and Moulded Article in Thailand
- Imports of Rubber-To-Metal and Moulded Article in Thailand
Price for Rubber-To-Metal and Moulded Article in Thailand (FOB) - 2023
The average rubber-to-metal and moulded article export price stood at $6,640 per ton in September 2023, falling by -3.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 14% month-to-month. As a result, the export price reached the peak level of $7,291 per ton. From August 2023 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($13,979 per ton), while the average price for exports to Russia ($1,610 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber-To-Metal and Moulded Article in Thailand (CIF) - 2023
The average rubber-to-metal and moulded article import price stood at $14,373 per ton in September 2023, with a decrease of -4.7% against the previous month. Over the period under review, the import price recorded a mild curtailment. The pace of growth was the most pronounced in February 2023 an increase of 28% against the previous month. As a result, import price reached the peak level of $19,241 per ton. From March 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($55,764 per ton), while the price for China ($7,398 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rubber-To-Metal and Moulded Article in Thailand
Rubber-to-metal and moulded article exports from Thailand expanded sharply to 96K tons in 2022, growing by 11% compared with 2021. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, rubber-to-metal and moulded article exports reached $588M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 27%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Rubber-To-Metal and Moulded Article in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 73.7 | 63.1 | 84.6 | 93.8 | 8.4% |
| Japan | 69.2 | 51.4 | 62.1 | 64.1 | -2.5% |
| Malaysia | 44.7 | 30.6 | 34.2 | 39.7 | -3.9% |
| South Africa | 42.6 | 33.0 | 46.6 | 34.9 | -6.4% |
| Indonesia | 34.5 | 20.1 | 29.5 | 32.3 | -2.2% |
| Vietnam | 32.1 | 29.4 | 34.2 | 32.3 | 0.2% |
| Argentina | 23.9 | 18.8 | 29.4 | 30.2 | 8.1% |
| China | 23.1 | 24.0 | 27.9 | 30.1 | 9.2% |
| Philippines | 19.9 | 14.4 | 17.7 | 17.1 | -4.9% |
| United Arab Emirates | 4.2 | 5.7 | 6.4 | 10.4 | 35.3% |
| Turkey | 9.0 | 8.0 | 8.8 | 9.6 | 2.2% |
| Italy | 5.3 | 4.2 | 5.1 | 6.3 | 5.9% |
| Spain | 7.3 | 2.4 | 3.3 | 4.0 | -18.2% |
| Others | 173 | 148 | 188 | 183 | 1.9% |
| Total | 562 | 453 | 577 | 588 | 1.5% |
Top Export Markets for Rubber-To-Metal and Moulded Article from Thailand in 2022:
- United States (23.6K tons)
- Japan (6.6K tons)
- Malaysia (4.6K tons)
- South Africa (4.5K tons)
- Argentina (3.2K tons)
- Indonesia (2.8K tons)
- Turkey (2.7K tons)
- Philippines (2.4K tons)
- Vietnam (2.4K tons)
- United Arab Emirates (2.2K tons)
- Italy (2.1K tons)
- Spain (2.0K tons)
- China (1.9K tons)
Imports of Rubber-To-Metal and Moulded Article in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas purchases of rubber-to-metal and moulded articles, which increased by 4.5% to 32K tons in 2022. The total import volume increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, rubber-to-metal and moulded article imports rose markedly to $543M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Rubber-To-Metal and Moulded Article in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 90.6 | 95.4 | 125 | 175 | 24.5% |
| Japan | 133 | 119 | 149 | 131 | -0.5% |
| United States | 33.2 | 32.9 | 34.9 | 36.9 | 3.6% |
| Germany | 31.9 | 31.2 | 37.6 | 33.6 | 1.7% |
| Malaysia | 24.3 | 25.1 | 28.0 | 29.7 | 6.9% |
| Taiwan (Chinese) | 10.2 | 12.9 | 16.7 | 20.3 | 25.8% |
| Vietnam | 6.7 | 7.0 | 15.6 | 16.2 | 34.2% |
| India | 8.9 | 10.2 | 13.1 | 10.7 | 6.3% |
| South Korea | 8.3 | 10.5 | 11.3 | 10.3 | 7.5% |
| Others | 76.0 | 69.6 | 79.6 | 79.0 | 1.3% |
| Total | 423 | 414 | 511 | 543 | 8.7% |
Top Suppliers of Rubber-To-Metal and Moulded Article to Thailand in 2022:
- China (17.9K tons)
- Japan (4.6K tons)
- Malaysia (1.3K tons)
- Vietnam (1.3K tons)
- India (1.1K tons)
- South Korea (1.0K tons)
- Germany (0.9K tons)
- Taiwan (Chinese) (0.8K tons)
- United States (0.8K tons)
This report provides an in-depth analysis of the market for rubber-to-metal and moulded article 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 22197345 - Rubber-to-metal bonded articles for tractors and motor vehicles
- Prodcom 2297347 -
- Prodcom 22197349 - Rubber-to-metal bonded articles for other uses than for tractors and motor vehicles
- Prodcom 22197365 - Articles of vulcanised solid rubber other than for tractors and motor vehicles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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