Thailand: Computing Machinery Market 2024

Computing Machinery Market Size in Thailand

In 2022, after two years of decline, there was significant growth in the Thai computing machinery market, when its value increased by X% to $X. Over the period under review, consumption, however, showed a deep contraction. Computing machinery consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Computing Machinery Production in Thailand

In value terms, computing machinery production fell to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced decrease. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Computing Machinery Exports

Exports from Thailand

After two years of growth, overseas shipments of computing machinery and parts and accessories thereof decreased by X% to X units in 2022. Over the period under review, total exports indicated a perceptible expansion from 2012 to 2022: its volume 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. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at X units in 2021, and then declined notably in the following year.

In value terms, computing machinery exports reduced notably to $X in 2022. In general, exports showed a perceptible descent. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then fell dramatically in the following year.

Exports by Country

The United States (X units), Hong Kong SAR (X units) and China (X units) were the main destinations of computing machinery exports from Thailand, together comprising X% of total exports. The Netherlands, Japan, Germany, Malaysia, India, Singapore, South Korea and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Hong Kong SAR ($X) and China ($X) constituted the largest markets for computing machinery exported from Thailand worldwide, with a combined X% share of total exports. The Netherlands, Singapore, Malaysia, Japan, Germany, Taiwan (Chinese), India and South Korea lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Singapore, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average computing machinery export price stood at $X per unit in 2021, surging by X% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced a decline.

Computing Machinery Imports

Imports into Thailand

In 2022, approx. X units of computing machinery and parts and accessories thereof were imported into Thailand; declining by X% compared with the previous year. Overall, imports saw a perceptible shrinkage. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, computing machinery imports shrank to $X in 2022. Over the period under review, imports showed a perceptible descent. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of computing machinery to Thailand, with a X% share of total imports. Moreover, computing machinery imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fourfold. Japan (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of computing machinery and parts and accessories thereof to Thailand, comprising X% of total imports. The second position in the ranking was held by the Philippines ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2021, the average computing machinery import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a slight contraction. The growth pace was the most rapid in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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