Thailand - Spray Guns And Similar Appliances - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Spray Guns And Similar Appliances - Market Analysis, Forecast, Size, Trends And Insights

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Price for Spray Guns and Similar Appliances in Thailand - 2023

Contents:

  1. Price for Spray Guns and Similar Appliances in Thailand (CIF) - 2022
  2. Price for Spray Guns and Similar Appliances in Thailand (FOB) - 2022
  3. Imports of Spray Guns and Similar Appliances in Thailand
  4. Exports of Spray Guns and Similar Appliances in Thailand

Price for Spray Guns and Similar Appliances in Thailand (CIF) - 2022

In 2022, the average import price for spray guns and similar appliances amounted to $2.1 per unit, increasing by 5.2% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 39%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($5.1 per unit), while the price for the United Arab Emirates ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Spray Guns and Similar Appliances in Thailand (FOB) - 2022

In 2022, the average export price for spray guns and similar appliances amounted to $0.5 per unit, reducing by -9.5% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 15% against the previous year. The export price peaked at $1.7 per unit in 2013; however, from 2014 to 2022, the 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 the United States ($0.7 per unit), while the average price for exports to Guatemala ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-7.8%), while the prices for the other major destinations experienced a decline.

Imports of Spray Guns and Similar Appliances in Thailand

For the third year in a row, Thailand recorded decline in supplies from abroad of spray guns and similar appliances, which decreased by -18.5% to 34M units in 2022. Overall, imports showed a precipitous decrease. The smallest decline of -3.5% was in 2021. Over the period under review, imports hit record highs at 67M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, spray guns and similar appliances imports dropped to $70M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports attained the peak of $81M, and then contracted in the following year.

Import of Spray Guns and Similar Appliances in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan18.918.833.225.810.9%
China12.815.414.013.41.5%
United States14.19.610.78.7-14.9%
Taiwan (Chinese)3.22.93.34.29.5%
Germany3.53.65.13.71.9%
Italy1.21.32.31.32.7%
Indonesia0.70.70.91.219.7%
Singapore0.90.91.01.210.1%
Turkey0.1N/A0.50.9108.0%
Mexico0.60.20.70.810.1%
India0.70.30.90.84.6%
United Arab EmiratesN/AN/A0.10.4300.0%
Norway3.7N/AN/AN/A0%
Others8.67.68.77.5-4.5%
Total69.061.681.369.70.3%

Top Suppliers of Spray Guns and Similar Appliances to Thailand in 2022:

  1. Norway (undefinedM units)
  2. China (8.9M units)
  3. Japan (5.1M units)
  4. Taiwan (Chinese) (4.0M units)
  5. Germany (3.6M units)
  6. United Arab Emirates (2.0M units)
  7. United States (2.0M units)
  8. Italy (1.3M units)
  9. Singapore (1.1M units)
  10. Turkey (0.8M units)
  11. Mexico (0.8M units)
  12. Indonesia (0.8M units)
  13. India (0.7M units)

Exports of Spray Guns and Similar Appliances in Thailand

In 2022, after three years of growth, there was significant decline in overseas shipments of spray guns and similar appliances, when their volume decreased by -18.9% to 24M units. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 128%. As a result, the exports attained the peak of 29M units, and then fell rapidly in the following year.

In value terms, spray guns and similar appliances exports shrank rapidly to $13M in 2022. In general, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +7.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $17M, and then dropped dramatically in the following year.

Export of Spray Guns and Similar Appliances in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2,6943,4683,9391,861-11.6%
Vietnam7397482,4141,52127.2%
United States3644972,9361,35655.0%
Indonesia1,3851,218586839-15.4%
Taiwan (Chinese)37547755066621.1%
Malaysia779484509613-7.7%
Cambodia28032450660529.3%
South Africa3823877014576.2%
Singapore21521337836919.7%
Philippines518356360305-16.2%
Argentina2691792702851.9%
Myanmar74.535541024147.9%
Guatemala44.798.613411938.6%
Others3,6032,9263,4223,323-2.7%
Total11,72311,73017,11612,5592.3%

Top Export Markets for Spray Guns and Similar Appliances from Thailand in 2022:

  1. Vietnam (3.6M units)
  2. Japan (3.4M units)
  3. Malaysia (3.0M units)
  4. United States (1.8M units)
  5. Indonesia (1.5M units)
  6. Taiwan (Chinese) (1.2M units)
  7. Myanmar (1.1M units)
  8. Cambodia (0.9M units)
  9. Singapore (0.7M units)
  10. South Africa (0.7M units)
  11. Guatemala (0.6M units)
  12. Argentina (0.6M units)
  13. Philippines (0.5M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for spray guns and similar appliances 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 28292220 - Spray guns and similar appliances

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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