Price for Surveying Equipment; Theodolites and Tacheometers in Thailand - 2023

Contents:

1. Price for Surveying Equipment; Theodolites and Tacheometers in Thailand (CIF) - 2022
2. Price for Surveying Equipment; Theodolites and Tacheometers in Thailand (FOB) - 2022
3. Imports of Surveying Equipment; Theodolites and Tacheometers in Thailand
4. Exports of Surveying Equipment; Theodolites and Tacheometers in Thailand

Price for Surveying Equipment; Theodolites and Tacheometers in Thailand (CIF) - 2022

The average import price for surveying equipment; theodolites and tacheometerses stood at $120 per unit in 2022, increasing by 17% against the previous year. Overall, the import price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 47% against the previous year. The import price peaked at $565 per unit in 2014; however, from 2015 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 Japan ($429 per unit), while the price for Hong Kong SAR ($42 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-3.9%), while the prices for the other major suppliers experienced a decline.

Price for Surveying Equipment; Theodolites and Tacheometers in Thailand (FOB) - 2022

In 2022, the average export price for surveying equipment; theodolites and tacheometerses amounted to $359 per unit, with a decrease of -49.1% against the previous year. Over the period under review, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 63% against the previous year. The export price peaked at $1,443 per unit 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($2,066 per unit), while the average price for exports to South Korea ($197 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 South Korea (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Surveying Equipment; Theodolites and Tacheometers in Thailand

In 2022, approx. 38K units of surveying equipment; theodolites and tacheometerses were imported into Thailand; which is down by -27.1% compared with the previous year. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 115%. As a result, imports attained the peak of 53K units, and then reduced markedly in the following year.

In value terms, surveying equipment; theodolites and tacheometers imports dropped to $4.6M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of $5.4M, and then declined in the following year.

Top Suppliers of Surveying Equipment; Theodolites and Tacheometers to Thailand in 2022:

1. China (27.6K units)
2. Japan (4.0K units)
3. India (2.6K units)
4. Hungary (1.0K units)
5. Australia (0.7K units)
6. Hong Kong SAR (0.7K units)

Exports of Surveying Equipment; Theodolites and Tacheometers in Thailand

For the third year in a row, Thailand recorded decline in overseas shipments of surveying equipment; theodolites and tacheometerses, which decreased by -13.9% to 1.2K units in 2022. Over the period under review, exports showed a dramatic setback. The smallest decline of -7.7% was in 2020. The exports peaked at 2.5K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, surveying equipment; theodolites and tacheometers exports dropped significantly to $440K in 2022. Overall, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2020 when exports increased by 21% against the previous year. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Surveying Equipment; Theodolites and Tacheometers from Thailand in 2022:

1. South Korea (658.0 units)
2. Lao People's Democratic Republic (502.0 units)
3. Singapore (21.0 units)
4. Philippines (21.0 units)
5. Cambodia (7.0 units)

Source: IndexBox Market Intelligence Platform