Thailand: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in Thailand

The Thai reel cutting slitter market dropped to $X in 2022, declining by X% against the previous year. In general, consumption, however, posted significant growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Reel Cutting Slitter Production in Thailand

In value terms, reel cutting slitter production shrank to $X in 2022 estimated in export price. Overall, production, however, posted a significant increase. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Reel Cutting Slitter Exports

Exports from Thailand

In 2022, the amount of combined reel slitting and re-reeling cutting machines for paper and paperboard exported from Thailand skyrocketed to X units, rising by X% on 2021 figures. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, reel cutting slitter exports skyrocketed to $X in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

India (X units), South Korea (X units) and the United Arab Emirates (X units) were the main destinations of reel cutting slitter exports from Thailand, together comprising X% of total exports. China, the United States, Malaysia, the Netherlands, Hong Kong SAR, Turkey, the Philippines, Germany, Vietnam and Kazakhstan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), South Korea ($X) and the Netherlands ($X) constituted the largest markets for reel cutting slitter exported from Thailand worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average reel cutting slitter export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Turkey ($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 States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports into Thailand

In 2022, supplies from abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard increased by X% to X units, rising for the second consecutive year after four years of decline. Overall, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, reel cutting slitter imports expanded sharply to $X in 2022. Over the period under review, imports, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest reel cutting slitter supplier to Thailand, with a X% share of total imports. Moreover, reel cutting slitter imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of combined reel slitting and re-reeling cutting machines for paper and paperboard to Thailand, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average reel cutting slitter import price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, reel cutting slitter import price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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