Thailand - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRide-On Compaction Equipment Price in Thailand - 2023
Contents:
- Ride-On Compaction Equipment Price in Thailand (CIF) - 2022
- Ride-On Compaction Equipment Price in Thailand (FOB) - 2022
- Ride-On Compaction Equipment Imports in Thailand
- Ride-On Compaction Equipment Exports in Thailand
Ride-On Compaction Equipment Price in Thailand (CIF) - 2022
In 2022, the average ride-on compaction equipment import price amounted to $24,888 per unit, reducing by -5.5% against the previous year. In general, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 24% against the previous year. As a result, import price reached the peak level of $49,236 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
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 Indonesia ($69,114 per unit), while the price for Japan ($14,660 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Ride-On Compaction Equipment Price in Thailand (FOB) - 2022
The average ride-on compaction equipment export price stood at $18,281 per unit in 2022, reducing by -31.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 27%. As a result, the export price reached the peak level of $46,291 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($30,360 per unit), while the average price for exports to Maldives ($115 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 Hong Kong SAR (+74.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ride-On Compaction Equipment Imports in Thailand
After three years of growth, overseas purchases of ride-on compaction equipment decreased by -22.4% to 1.5K units in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. As a result, imports reached the peak of 2K units, and then fell rapidly in the following year.
In value terms, ride-on compaction equipment imports reduced notably to $38M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of $52M, and then shrank dramatically in the following year.
| Import of Ride-On Compaction Equipment in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.8 | 8.8 | 17.0 | 15.1 | 30.5% |
| India | 4.0 | 6.0 | 9.5 | 9.4 | 33.0% |
| Indonesia | 4.5 | 8.1 | 8.0 | 5.4 | 6.3% |
| Japan | 4.5 | 7.7 | 8.4 | 4.2 | -2.3% |
| Germany | 4.0 | 4.8 | 4.0 | 2.0 | -20.6% |
| United States | 1.9 | 0.9 | 4.5 | 1.9 | 0.0% |
| Others | 1.8 | 1.3 | 0.9 | 0.4 | -39.4% |
| Total | 27.4 | 37.6 | 52.3 | 38.4 | 11.9% |
Top Suppliers of Ride-On Compaction Equipment to Thailand in 2022:
- China (747.0 units)
- Japan (286.0 units)
- India (249.0 units)
- Germany (106.0 units)
- Indonesia (78.0 units)
- United States (42.0 units)
Ride-On Compaction Equipment Exports in Thailand
In 2022, overseas shipments of ride-on compaction equipment were finally on the rise to reach 45 units after two years of decline. In general, exports, however, recorded a mild curtailment. The exports peaked at 47 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, ride-on compaction equipment exports contracted remarkably to $823K in 2022. Over the period under review, exports, however, showed a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 10%. The exports peaked at $1.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Ride-On Compaction Equipment in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 14.8 | 4.3 | N/A | 474 | 217.6% |
| Lao People's Democratic Republic | 390 | 518 | 852 | 251 | -13.7% |
| Australia | 55.1 | N/A | N/A | 60.7 | 3.3% |
| Myanmar | 103 | 209 | 40.2 | 17.3 | -44.8% |
| Malaysia | 5.8 | 22.1 | 15.3 | 5.4 | -2.4% |
| Mexico | 48.2 | 1.4 | 0.6 | 4.3 | -55.3% |
| Hong Kong SAR | N/A | N/A | 1.5 | 3.5 | 133.3% |
| Papua New Guinea | 41.2 | N/A | N/A | 2.9 | -58.7% |
| Kenya | N/A | 15.6 | N/A | 1.9 | -65.1% |
| Philippines | 139 | N/A | 24.3 | 0.8 | -82.1% |
| Senegal | N/A | N/A | N/A | 0.2 | 0% |
| Maldives | N/A | N/A | N/A | 0.1 | 0% |
| Cambodia | 802 | 130 | 63.6 | N/A | -71.8% |
| Others | 193 | 24.1 | 20.5 | N/A | -67.4% |
| Total | 1,791 | 925 | 1,018 | 823 | -22.8% |
Top Export Markets for Ride-On Compaction Equipment from Thailand in 2022:
- Vietnam (21.0 units)
- Lao People's Democratic Republic (12.0 units)
- Australia (2.0 units)
- Myanmar (2.0 units)
- Mexico (1.0 units)
- Philippines (1.0 units)
- Papua New Guinea (1.0 units)
- Malaysia (1.0 units)
- Senegal (1.0 units)
- Maldives (1.0 units)
- Kenya (1.0 units)
- Hong Kong SAR (1.0 units)
This report provides an in-depth analysis of the ride-on compaction equipment market 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 28922400 - Ride-on compaction equipment and the like
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.
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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
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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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