Thailand: Chromatograph Market 2024

Chromatograph Market Size in Thailand

After two years of growth, the Thai chromatograph market decreased by X% to $X in 2022. In general, consumption saw a deep reduction. Chromatograph consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Chromatograph Exports

Exports from Thailand

In 2022, approx. X units of chromatographs and electrophoresis instruments were exported from Thailand; with a decrease of X% against the previous year's figure. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X units, and then reduced sharply in the following year.

In value terms, chromatograph exports soared to $X in 2022. In general, exports, however, recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for chromatograph exports from Thailand, accounting for a X% share of total exports. Moreover, chromatograph exports to the United States exceeded the volume sent to the second major destination, Myanmar (X units), more than tenfold. China (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and China (X% per year).

In value terms, the United States ($X) remains the key foreign market for chromatographs and electrophoresis instruments exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the average chromatograph export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a mild expansion. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 the United Arab Emirates ($X per unit), while the average price for exports to Lao People's Democratic Republic ($X 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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chromatograph Imports

Imports into Thailand

After two years of growth, supplies from abroad of chromatographs and electrophoresis instruments decreased by X% to X units in 2022. In general, imports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, chromatograph imports contracted to $X in 2022. Over the period under review, imports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of chromatograph to Thailand, accounting for a X% share of total imports. Moreover, chromatograph imports from Japan exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fivefold. The United States (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United States (X% per year).

In value terms, the largest chromatograph suppliers to Thailand were Japan ($X), the United States ($X) and Germany ($X), with a combined X% share of total imports. China, Malaysia, Mexico and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Malaysia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average chromatograph import price amounted to $X per unit, stabilizing at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices stood 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 Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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