Thailand - Tableware And Kitchenware Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wood Kitchenware and Tableware in Thailand - 2023
Contents:
- Price for Wood Kitchenware and Tableware in Thailand (FOB) - 2023
- Price for Wood Kitchenware and Tableware in Thailand (CIF) - 2023
- Exports of Wood Kitchenware and Tableware in Thailand
- Imports of Wood Kitchenware and Tableware in Thailand
Price for Wood Kitchenware and Tableware in Thailand (FOB) - 2023
The average wood kitchenware and tableware export price stood at $4,723 per ton in September 2023, leveling off at the previous month. Overall, export price indicated a perceptible increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, wood kitchenware and tableware export price increased by +49.9% against June 2023 indices. The growth pace was the most rapid in October 2022 an increase of 60% month-to-month. Over the period under review, the average export prices hit record highs at $5,623 per ton in January 2023; however, from February 2023 to September 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 Belgium ($8,895 per ton), while the average price for exports to Australia ($1,215 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood Kitchenware and Tableware in Thailand (CIF) - 2023
The average wood kitchenware and tableware import price stood at $675 per ton in September 2023, which is down by -26.4% against the previous month. Overall, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 33% m-o-m. The import price peaked at $1,164 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -2.5% per month.
Exports of Wood Kitchenware and Tableware in Thailand
For the fourth year in a row, Thailand recorded growth in shipments abroad of tableware and kitchenware of wood, which increased by 30% to 13K tons in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, wood kitchenware and tableware exports expanded remarkably to $56M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Wood Kitchenware and Tableware in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.9 | 14.7 | 20.3 | 21.9 | 16.4% |
| United Kingdom | 4.1 | 3.1 | 4.2 | 4.6 | 3.9% |
| Australia | 1.8 | 1.7 | 2.1 | 3.9 | 29.4% |
| Netherlands | 0.8 | 1.0 | 1.9 | 3.6 | 65.1% |
| Japan | 2.1 | 2.2 | 4.0 | 3.2 | 15.1% |
| Germany | 2.2 | 1.6 | 2.1 | 3.2 | 13.3% |
| Belgium | 0.2 | 0.1 | 1.1 | 2.8 | 141.0% |
| Canada | 1.5 | 1.1 | 2.0 | 2.4 | 17.0% |
| China | 2.2 | 2.2 | 2.2 | 2.0 | -3.1% |
| Poland | 0.1 | 0.1 | 0.2 | 0.7 | 91.3% |
| United Arab Emirates | 0.9 | 0.8 | 1.3 | 0.6 | -12.6% |
| France | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Others | 6.7 | 5.9 | 7.7 | 6.8 | 0.5% |
| Total | 36.8 | 34.9 | 49.5 | 56.1 | 15.1% |
Top Export Markets for Wood Kitchenware and Tableware from Thailand in 2022:
- United States (4463.6 tons)
- Australia (1171.6 tons)
- United Kingdom (979.4 tons)
- Germany (966.9 tons)
- China (757.1 tons)
- Netherlands (648.0 tons)
- Canada (547.3 tons)
- Japan (489.2 tons)
- Belgium (408.5 tons)
- Poland (285.8 tons)
- France (194.8 tons)
- United Arab Emirates (136.1 tons)
Imports of Wood Kitchenware and Tableware in Thailand
For the fourth year in a row, Thailand recorded growth in supplies from abroad of tableware and kitchenware of wood, which increased by 38% to 19K tons in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 45%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, wood kitchenware and tableware imports skyrocketed to $17M in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wood Kitchenware and Tableware in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.1 | 7.9 | 10.7 | 16.6 | 27.0% |
| Others | 0.6 | 0.8 | 0.9 | 0.8 | 10.1% |
| Total | 8.7 | 8.7 | 11.5 | 17.4 | 26.0% |
Top Suppliers of Wood Kitchenware and Tableware to Thailand in 2022:
- China (19.1K tons)
This report provides an in-depth analysis of the market for wood kitchenware and tableware 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 16291200 - Tableware and kitchenware of wood
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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