Thailand - Cards Incorporating An Electronic Integrated Circuit (Smart Card) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSmart Card Price in Thailand - 2023
Contents:
- Smart Card Price in Thailand (FOB) - 2022
- Smart Card Price in Thailand (CIF) - 2022
- Smart Card Exports in Thailand
- Smart Card Imports in Thailand
Smart Card Price in Thailand (FOB) - 2022
The average smart card export price stood at $0.3 per unit in 2022, with an increase of 15% against the previous year. Overall, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of 24% against the previous year. Over the period under review, the average export prices reached the peak figure at $0.5 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($1.1 per unit), while the average price for exports to Vietnam ($0.1 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 France (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Smart Card Price in Thailand (CIF) - 2022
The average smart card import price stood at $4.7 per unit in 2022, rising by 95% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2014 when the average import price increased by 152% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($11 per unit), while the price for Hong Kong SAR ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Smart Card Exports in Thailand
Smart card exports from Thailand surged to 102M units in 2022, with an increase of 27% compared with the previous year. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 50% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, smart card exports soared to $34M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +56.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Smart Card in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.2 | 5.6 | 8.7 | 15.8 | 55.5% |
| Germany | 3.0 | 9.2 | 4.7 | 4.7 | 16.1% |
| Cambodia | 1.1 | 2.1 | 2.0 | 2.1 | 24.1% |
| Malaysia | 1.2 | 1.3 | 1.0 | 1.9 | 16.6% |
| Philippines | 0.9 | 0.5 | 0.4 | 1.8 | 26.0% |
| Vietnam | 1.8 | 1.2 | 1.9 | 1.7 | -1.9% |
| United States | 0.6 | 0.1 | 1.0 | 0.6 | 0.0% |
| Myanmar | N/A | 0.8 | 0.5 | 0.5 | -20.9% |
| Pakistan | N/A | 0.1 | 0.3 | 0.4 | 100.0% |
| China | 0.7 | 0.3 | 0.4 | 0.2 | -34.1% |
| United Arab Emirates | 5.7 | N/A | N/A | N/A | 0% |
| Others | 2.6 | 3.7 | 2.7 | 4.7 | 21.8% |
| Total | 21.9 | 24.8 | 23.6 | 34.4 | 16.2% |
Top Export Markets for Smart Card from Thailand in 2022:
- United Arab Emirates (undefinedM units)
- Vietnam (26.6M units)
- India (22.2M units)
- Cambodia (21.2M units)
- Germany (5.3M units)
- Myanmar (5.0M units)
- Philippines (3.4M units)
- United States (2.7M units)
- Pakistan (2.6M units)
- Malaysia (2.3M units)
- China (1.3M units)
Smart Card Imports in Thailand
In 2022, approx. 7.5M units of cards incorporating an electronic integrated circuit (smart card) were imported into Thailand; waning by -12.7% on the previous year. Overall, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of 8.6M units, and then declined in the following year.
In value terms, smart card imports skyrocketed to $35M in 2022. In general, imports, however, enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Smart Card in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.7 | 13.1 | 14.7 | 18.1 | 15.7% |
| Finland | N/A | 3.3 | 0.3 | 7.8 | 53.7% |
| Poland | N/A | N/A | N/A | 3.3 | 0% |
| Malaysia | 0.5 | 0.4 | 1.7 | 1.5 | 44.2% |
| France | 0.1 | 0.8 | 1.3 | 1.1 | 122.4% |
| United States | 1.2 | 0.7 | 0.4 | 1.1 | -2.9% |
| Germany | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| United Kingdom | 2.4 | 1.3 | 0.5 | 0.3 | -50.0% |
| Hong Kong SAR | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Taiwan (Chinese) | 1.4 | 0.5 | 0.1 | 0.1 | -58.5% |
| Vietnam | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 1.6 | 1.3 | 1.3 | 1.4 | -4.4% |
| Total | 19.6 | 22.0 | 20.8 | 35.4 | 21.8% |
Top Suppliers of Smart Card to Thailand in 2022:
- Malaysia (1716.7K units)
- China (1644.6K units)
- Finland (1378.5K units)
- Poland (516.8K units)
- United States (431.4K units)
- Germany (410.4K units)
- France (355.2K units)
- Hong Kong SAR (345.9K units)
- Vietnam (122.5K units)
- United Kingdom (106.4K units)
- Taiwan (Chinese) (24.6K units)
This report provides an in-depth analysis of the smart card 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 26123000 - Smart cards
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
-
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
-
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
-
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
-
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
-
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
439
This report provides an in-depth analysis of the smart card market in Thailand.
254
This report provides an in-depth analysis of the magnetic media market in Thailand.
268
This report provides an in-depth analysis of the magnetic card market in Thailand.
282
This report provides an in-depth analysis of the data storage device market in Thailand.
332
This report provides an in-depth analysis of the magnetic disc market in Thailand.
1230
This report provides an in-depth analysis of the global smart card market.
692
This report provides an in-depth analysis of the global magnetic media market.
587
This report provides an in-depth analysis of the global magnetic card market.
607
Global Data Storage Device Market Report 2018. This report provides an in-depth analysis of the global data storage device market.
384
Global Magnetic Disc Market Report 2018. This report provides an in-depth analysis of the global magnetic disc market.
83
During the period analyzed, Magnetic Media imports peaked at 365 million units in 2021. However, there was a decline in imports from 2022 to 2023, with a significant decrease in value to $973 million in 2023.
1026
In 2016, the global smart card imports amounted to X tons, coming up by X% against the previous year figure. In general, smart card imports continue to indicate a abrupt slump. The most prominent...
771
In 2016, the global smart card imports amounted to X tons, coming up by X% against the previous year figure. In general, smart card imports continue to indicate a abrupt slump. The most prominent...
1037
With a huge surge in exports in 2014, China continued its dominance in the global cards incorporating an electronic integrated circuit trade. In 2014, China exported X thousand tons of cards incorporating an electronic integrated circuit totaling X
145
Discover the top import markets for magnetic media, including Thailand, China, and the Philippines. Explore key statistics and numbers for these markets.
83
During the period analyzed, Magnetic Media imports peaked at 365 million units in 2021. However, there was a decline in imports from 2022 to 2023, with a significant decrease in value to $973 million in 2023.
1026
In 2016, the global smart card imports amounted to X tons, coming up by X% against the previous year figure. In general, smart card imports continue to indicate a abrupt slump. The most prominent...
771
In 2016, the global smart card imports amounted to X tons, coming up by X% against the previous year figure. In general, smart card imports continue to indicate a abrupt slump. The most prominent...
1037
With a huge surge in exports in 2014, China continued its dominance in the global cards incorporating an electronic integrated circuit trade. In 2014, China exported X thousand tons of cards incorporating an electronic integrated circuit totaling X
145
Discover the top import markets for magnetic media, including Thailand, China, and the Philippines. Explore key statistics and numbers for these markets.
