Report Update: Apr 1, 2024

Thailand - Thermoforming Machines For Working Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights

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Thermoforming Machine Price in Thailand - 2023

Thermoforming Machine Price in Thailand (CIF) - 2022

The average thermoforming machine import price stood at $12,753 per unit in 2022, reducing by -7% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, thermoforming machine import price decreased by -27.4% against 2020 indices. The growth pace was the most rapid in 2020 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $17,571 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 South Korea ($25,868 per unit), while the price for Singapore ($8,407 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Thermoforming Machine Price in Thailand (FOB) - 2022

The average thermoforming machine export price stood at $11,301 per unit in 2022, which is down by -55.5% against the previous year. Over the period under review, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 121,061%. The export price peaked at $67,525 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($12,742 per unit), while the average price for exports to Taiwan (Chinese) ($6,993 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 Singapore (-1.8%), while the prices for the other major destinations experienced a decline.

Thermoforming Machine Imports in Thailand

In 2022, purchases abroad of thermoforming machines for working rubber or plastics decreased by -5.5% to 2.6K units, falling for the second year in a row after two years of growth. In general, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year. As a result, imports attained the peak of 3.6K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, thermoforming machine imports fell to $33M in 2022. Overall, imports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 80% against the previous year. As a result, imports attained the peak of $63M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Thermoforming Machine in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	23.1	46.1	21.6	21.8	-1.9%
South Korea	0.4	0.2	0.2	2.3	79.2%
Switzerland	N/A	0.7	0.7	0.8	6.9%
Singapore	N/A	N/A	1.1	0.6	-45.5%
Netherlands	N/A	4.8	N/A	N/A	0%
Others	11.7	11.7	13.8	7.4	-14.2%
Total	35.2	63.5	37.4	32.9	-2.2%

Top Suppliers of Thermoforming Machine to Thailand in 2022:

China (2217.0 units)
South Korea (88.0 units)
Singapore (66.0 units)
Switzerland (60.0 units)

Thermoforming Machine Exports in Thailand

Thermoforming machine exports from Thailand soared to 422 units in 2022, jumping by 137% against the year before. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 120,064% against the previous year. As a result, the exports attained the peak of 43K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, thermoforming machine exports expanded markedly to $4.8M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 399%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Thermoforming Machine in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	1.0	N/A	N/A	2,182	1197.0%
Taiwan (Chinese)	85.0	11.1	19.2	1,167	139.5%
India	900	N/A	41.4	507	-17.4%
Singapore	7.2	N/A	N/A	297	245.5%
Egypt	N/A	11.9	N/A	N/A	0%
Pakistan	N/A	5.4	N/A	N/A	0%
Others	292	879	4,464	616	28.3%
Total	1,285	907	4,524	4,770	54.8%

Top Export Markets for Thermoforming Machine from Thailand in 2022:

Malaysia (183.0 units)
Taiwan (Chinese) (167.0 units)
India (43.0 units)
Singapore (23.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the thermoforming machine 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 28961050 - Vacuum-moulding machines and other thermoforming machines for working rubber or plastics or for manufacturing rubber or plastic products

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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