Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand - 2024

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $67 per unit, rising by 18% against the previous year. Over the period under review, the import price continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($243 per unit), while the price for China ($48 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $143 per unit in 2022, falling by -46.8% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $269 per unit, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($452 per unit), while the average price for exports to Myanmar ($58 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 Malaysia (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand

Imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) into Thailand reduced to 86K units in 2022, declining by -1.9% compared with the year before. In general, imports saw a sharp descent. Imports peaked at 174K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) surged to $5.8M in 2022. Over the period under review, imports continue to indicate a abrupt contraction. Imports peaked at $7.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.22.42.03.2-14.9%
Japan1.10.91.01.0-3.1%
Taiwan (Chinese)0.40.40.50.614.5%
Others1.30.91.41.0-8.4%
Total7.94.75.05.8-9.8%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Thailand in 2022:

  1. China (67.3K units)
  2. Taiwan (Chinese) (10.2K units)
  3. Japan (7.1K units)

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand

Exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Thailand surged to 744 units in 2022, growing by 33% against 2021 figures. Overall, exports, however, saw a abrupt downturn. The exports peaked at 1.1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped remarkably to $107K in 2022. Over the period under review, exports, however, showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 54%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the peak figure at $226K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia32.911.123.928.4-4.8%
Lao People's Democratic Republic0.40.65.625.0296.9%
Cambodia26.460.741.420.3-8.4%
ChinaN/AN/AN/A5.50%
AustraliaN/AN/A2.35.4134.8%
Myanmar1434.82.05.0-67.3%
Philippines0.60.80.73.783.4%
South KoreaN/AN/AN/A3.30%
Singapore14.40.90.21.7-50.9%
Vietnam1.00.87.91.514.5%
Japan1.43.20.50.5-29.1%
Indonesia1.81.94.0N/A49.1%
OmanN/A7.4N/AN/A0%
Others3.65.061.66.320.5%
Total22697.2150107-22.1%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Thailand in 2022:

  1. Cambodia (142.0 units)
  2. Lao People's Democratic Republic (132.0 units)
  3. Myanmar (86.0 units)
  4. China (85.0 units)
  5. Australia (72.0 units)
  6. Malaysia (63.0 units)
  7. South Korea (44.0 units)
  8. Philippines (43.0 units)
  9. Vietnam (22.0 units)
  10. Singapore (13.0 units)
  11. Japan (3.0 units)

Source: IndexBox Market Intelligence Platform

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