Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand - 2024
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand (CIF) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand (FOB) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand (CIF) - 2022
The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $638 per unit in 2022, with an increase of 55% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $687 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($6,800 per unit), while the price for China ($472 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand (FOB) - 2022
The average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $1,408 per unit in 2022, dropping by -12.5% against the previous year. Overall, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2016 an increase of 50%. As a result, the export price reached the peak level of $2,940 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($5,623 per unit), while the average price for exports to Singapore ($97 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 Pakistan (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand
In 2022, purchases abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs decreased by -57.5% to 5.6K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports attained the peak of 13K units, and then reduced remarkably in the following year.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs declined dramatically to $3.6M in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of $5.4M, and then shrank sharply in the following year.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 2.1 | 3.7 | 2.5 | 7.7% |
| Others | 1.6 | 2.0 | 1.7 | 1.0 | -14.5% |
| Total | 3.6 | 4.1 | 5.4 | 3.6 | 0.0% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Thailand in 2022:
- China (5.3K units)
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand
In 2022, approx. 861 units of weighing machines; having a maximum weighing capacity exceeding 5000kgs were exported from Thailand; picking up by 29% against the previous year's figure. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs expanded remarkably to $1.2M in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 105 | 267 | 698 | 858 | 101.4% |
| Indonesia | 102 | N/A | 226 | 112 | 3.2% |
| Myanmar | 138 | 145 | 100 | 74.1 | -18.7% |
| India | 21.6 | N/A | 18.5 | 60.5 | 41.0% |
| Tanzania | 4.1 | N/A | N/A | 41.2 | 115.8% |
| Vietnam | 23.4 | 61.7 | N/A | 4.4 | -42.7% |
| United States | 31.5 | N/A | N/A | 3.6 | -51.5% |
| Singapore | 6.3 | 7.5 | 12.7 | 2.9 | -22.8% |
| Others | 199 | 217 | 14.7 | 54.5 | -35.1% |
| Total | 630 | 699 | 1,069 | 1,212 | 24.4% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Thailand in 2022:
- Lao People's Democratic Republic (643.0 units)
- Myanmar (78.0 units)
- Singapore (30.0 units)
- Tanzania (23.0 units)
- India (21.0 units)
- Indonesia (20.0 units)
- Vietnam (5.0 units)
- United States (2.0 units)
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