Thailand - Safety Seat Belts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Seat Belt Price in Thailand - 2023
Contents:
- Safety Seat Belt Price in Thailand (FOB) - 2023
- Safety Seat Belt Price in Thailand (CIF) - 2023
- Safety Seat Belt Exports in Thailand
- Safety Seat Belt Imports in Thailand
Safety Seat Belt Price in Thailand (FOB) - 2023
In July 2023, the average safety seat belt export price amounted to $7.0 per unit, remaining constant against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 5.6% month-to-month. As a result, the export price attained the peak level of $7.1 per unit. From February 2023 to July 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In July 2023, the highest price was recorded for prices to South Africa ($8.5 per unit) and Brazil ($8.2 per unit), while the average price for exports to Indonesia ($6.4 per unit) and Japan ($6.8 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Safety Seat Belt Price in Thailand (CIF) - 2023
In July 2023, the average safety seat belt import price amounted to $13.0 per unit, declining by -26.1% against the previous month. Overall, import price indicated a notable increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, safety seat belt import price decreased by -26.1% against June 2023 indices. The growth pace was the most rapid in April 2023 an increase of 46% month-to-month. Over the period under review, average import prices attained the peak figure at $17.6 per unit in June 2023, and then contracted rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($20.9 per unit), while the price for India ($4.7 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mexico (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Seat Belt Exports in Thailand
In 2022, after three years of growth, there was significant decline in overseas shipments of safety seat belts, when their volume decreased by -8.5% to 16M units. The total export volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 28% against the previous year. The exports peaked at 17M units in 2021, and then shrank in the following year.
In value terms, safety seat belt exports reduced to $106M in 2022. Over the period under review, exports recorded a slight decline. The pace of growth appeared the most rapid in 2020 with an increase of 6.9%. The exports peaked at $121M in 2021, and then shrank in the following year.
| Export of Safety Seat Belt in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 78.7 | 90.4 | 79.4 | 68.1 | -4.7% |
| Brazil | 3.6 | 3.4 | 10.3 | 11.1 | 45.5% |
| South Africa | 7.2 | 6.7 | 9.5 | 6.8 | -1.9% |
| Malaysia | 2.2 | 2.0 | 2.5 | 3.7 | 18.9% |
| Taiwan (Chinese) | 5.0 | 4.2 | 4.2 | 3.1 | -14.7% |
| Philippines | 3.4 | 2.6 | 3.2 | 3.1 | -3.0% |
| Argentina | 2.8 | 2.7 | 3.3 | 2.8 | 0.0% |
| Vietnam | 3.2 | 2.5 | 2.3 | 1.9 | -16.0% |
| Others | 4.5 | 3.8 | 6.0 | 5.4 | 6.3% |
| Total | 111 | 118 | 121 | 106 | -1.5% |
Top Export Markets for Safety Seat Belt from Thailand in 2022:
- Japan (10.5M units)
- Brazil (1.5M units)
- South Africa (0.9M units)
- Malaysia (0.5M units)
- Argentina (0.5M units)
- Taiwan (Chinese) (0.4M units)
- Philippines (0.4M units)
- Vietnam (0.2M units)
Safety Seat Belt Imports in Thailand
Safety seat belt imports into Thailand dropped to 760K units in 2022, falling by -8.3% against 2021 figures. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% 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 +51.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 65%. As a result, imports reached the peak of 828K units, and then reduced in the following year.
In value terms, safety seat belt imports dropped to $6.7M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.3% 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 +43.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports attained the peak of $7.4M, and then contracted in the following year.
| Import of Safety Seat Belt in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,293 | 1,277 | 2,418 | 2,300 | 21.2% |
| Czech Republic | 587 | 456 | 1,058 | 1,106 | 23.5% |
| Poland | 679 | 360 | 758 | 900 | 9.8% |
| Hungary | 870 | 417 | 457 | 524 | -15.5% |
| Mexico | 202 | 461 | 708 | 481 | 33.5% |
| Romania | 233 | 139 | 338 | 457 | 25.2% |
| India | 226 | 110 | 229 | 276 | 6.9% |
| United States | 303 | 235 | 363 | 91.5 | -32.9% |
| Germany | 717 | 476 | 441 | 67.4 | -54.5% |
| Others | 294 | 716 | 587 | 473 | 17.2% |
| Total | 5,403 | 4,647 | 7,358 | 6,676 | 7.3% |
Top Suppliers of Safety Seat Belt to Thailand in 2022:
- China (388.9K units)
- Poland (64.2K units)
- Czech Republic (58.6K units)
- India (57.3K units)
- Mexico (43.1K units)
- Hungary (39.4K units)
- Romania (33.0K units)
- United States (14.0K units)
- Germany (6.4K units)
This report provides an in-depth analysis of the safety seat belt 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 29322030 - Safety seat belts
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
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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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