Thailand: Transport Container Market 2024

Transport Container Market Size in Thailand

The Thai transport container market was estimated at $X in 2022, increasing by X% against the previous year. Overall, consumption, however, continues to indicate buoyant growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Transport Container Production in Thailand

In value terms, transport container production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a buoyant expansion. The growth pace was the most rapid in 2016 when the production volume increased by X%. Transport container production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Transport Container Exports

Exports from Thailand

After five years of decline, overseas shipments of transport containers increased by X% to X units in 2022. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, transport container exports soared to $X in 2022. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Lao People's Democratic Republic (X units) was the main destination for transport container exports from Thailand, with a X% share of total exports. Moreover, transport container exports to Lao People's Democratic Republic exceeded the volume sent to the second major destination, Myanmar (X units), more than tenfold. The third position in this ranking was held by Cambodia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Lao People's Democratic Republic amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and Cambodia (X% per year).

In value terms, Lao People's Democratic Republic ($X) remains the key foreign market for transport containers exports from Thailand, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Qatar, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Lao People's Democratic Republic amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Qatar (X% per year).

Export Prices by Country

In 2022, the average transport container export price amounted to $X per unit, picking up by X% against the previous year. Overall, the export price showed significant growth. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average 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 Qatar ($X per unit), while the average price for exports to Cambodia ($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 Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transport Container Imports

Imports into Thailand

For the third year in a row, Thailand recorded growth in purchases abroad of transport containers, which increased by X% to X units in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, transport container imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Singapore (X units) and Denmark (X units) were the main suppliers of transport container imports to Thailand, together accounting for X% of total imports.

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

In value terms, the largest transport container suppliers to Thailand were the United States ($X), China ($X) and Denmark ($X), together accounting for X% of total imports.

Denmark, with a CAGR of X%, recorded 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

The average transport container import price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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