Thailand - Wiring Sets Used In Vehicles, Aircraft Or Ships - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Thailand - Wiring Sets Used In Vehicles, Aircraft Or Ships - Market Analysis, Forecast, Size, Trends And Insights

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Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand - 2023

Contents:

  1. Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand (FOB) - 2023
  2. Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand (CIF) - 2023
  3. Exports of Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand
  4. Imports of Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand

Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand (FOB) - 2023

The average export price for wiring sets used in vehicles, aircraft or ships stood at $24,585 per ton in November 2023, which is down by -1.7% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 15% m-o-m. Over the period under review, the average export prices hit record highs at $28,539 per ton in June 2023; however, from July 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($34,915 per ton), while the average price for exports to Vietnam ($13,044 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand (CIF) - 2023

The average import price for wiring sets used in vehicles, aircraft or ships stood at $25,672 per ton in November 2023, stabilizing at the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 58% against the previous month. The import price peaked at $27,511 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($44,103 per ton), while the price for South Korea ($8,955 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand

In 2022, shipments abroad of wiring sets used in vehicles, aircraft or ships decreased by -2.8% to 22K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. As a result, the exports reached the peak of 23K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wiring sets used in vehicles, aircraft or ships declined modestly to $538M in 2022. Over the period under review, exports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.

Export of Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2312722942462.1%
Vietnam11829.939.852.6-23.6%
South Africa19.017.428.928.214.1%
United States19.818.722.627.711.8%
Malaysia13.311.815.024.422.4%
Philippines14.913.715.217.45.3%
Brazil11.98.716.617.313.3%
Indonesia17.45.015.915.2-4.4%
Argentina5.65.69.49.720.1%
Singapore3.75.110.49.436.5%
Cambodia5.95.25.87.16.4%
Others94.276.375.683.2-4.1%
Total555469549538-1.0%

Top Export Markets for Wiring Sets Used in Vehicles, Aircraft or Ships from Thailand in 2022:

  1. Japan (8.9K tons)
  2. Vietnam (3.4K tons)
  3. Singapore (1.4K tons)
  4. Philippines (1.2K tons)
  5. South Africa (1.1K tons)
  6. Malaysia (1.1K tons)
  7. United States (0.8K tons)
  8. Indonesia (0.6K tons)
  9. Brazil (0.5K tons)
  10. Argentina (0.5K tons)
  11. Cambodia (0.3K tons)

Imports of Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand

In 2022, approx. 16K tons of wiring sets used in vehicles, aircraft or ships were imported into Thailand; reducing by -11.5% on the previous year's figure. Over the period under review, imports saw a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, imports attained the peak of 18K tons, and then dropped in the following year.

In value terms, imports of wiring sets used in vehicles, aircraft or ships declined slightly to $395M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports attained the peak of $414M, and then contracted in the following year.

Import of Wiring Sets Used in Vehicles, Aircraft or Ships in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia98.373.884.194.7-1.2%
China30.942.072.174.934.3%
Vietnam46.543.445.364.711.6%
Philippines99.669.510343.2-24.3%
Indonesia21.912.317.721.6-0.5%
Japan18.215.419.720.13.4%
Myanmar0.25.78.815.7328.2%
Malaysia21.112.718.110.5-20.8%
Lao People's Democratic Republic14.17.23.02.3-45.4%
Others33.928.042.447.612.0%
Total3853104143950.9%

Top Suppliers of Wiring Sets Used in Vehicles, Aircraft or Ships to Thailand in 2022:

  1. Cambodia (5.0K tons)
  2. China (2.5K tons)
  3. Vietnam (2.4K tons)
  4. Philippines (1.8K tons)
  5. Indonesia (0.9K tons)
  6. Myanmar (0.7K tons)
  7. Japan (0.6K tons)
  8. Malaysia (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships 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 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships

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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