Report Thailand - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 14, 2022

Thailand - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights
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Thailand: Truck Crane Market 2022

Truck Crane Market Size in Thailand

The Thai truck crane market dropped remarkably to $X in 2021, with a decrease of -32.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Truck Crane Exports

Exports from Thailand

In 2021, the amount of truck cranes exported from Thailand skyrocketed to X units, rising by 213% against the previous year's figure. Overall, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 when exports increased by 606% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, truck crane exports soared to $X in 2021. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Indonesia (X units) was the main destination for truck crane exports from Thailand, with a 64% share of total exports. Moreover, truck crane exports to Indonesia exceeded the volume sent to the second major destination, Vietnam (X units), fivefold. Taiwan (Chinese) (X units) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual growth rate of volume to Indonesia stood at -7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-58.8% per year) and Taiwan (Chinese) (0.0% per year).

In value terms, Vietnam ($X) emerged as the key foreign market for truck crane exports from Thailand, comprising 63% of total exports. The second position in the ranking was held by Indonesia ($X), with a 13% share of total exports. It was followed by Taiwan (Chinese), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Vietnam amounted to +274.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+94.9% per year) and Taiwan (Chinese) (0.0% per year).

Export Prices by Country

In 2021, the average truck crane export price amounted to $X per unit, rising by 372% against the previous year. Overall, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Indonesia ($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 Vietnam (+805.7%), while the prices for the other major destinations experienced more modest paces of growth.

Truck Crane Imports

Imports into Thailand

Truck crane imports into Thailand shrank significantly to X units in 2021, with a decrease of -33.7% compared with 2020. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 62%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, truck crane imports dropped sharply to $X in 2021. In general, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 79% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Japan (X units) were the main suppliers of truck crane imports to Thailand, together accounting for 99% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of -1.3%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of truck crane to Thailand, comprising 60% of total imports. The second position in the ranking was taken by Germany ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.8% per year) and Japan (-11.7% per year).

Import Prices by Country

The average truck crane import price stood at $X per unit in 2021, picking up by 27% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for truck cranes in the world?
+
The countries with the highest volumes of consumption in 2021 were China, Greece and Poland, with a combined 29% share of global consumption.
What are the largest producers of truck cranes in the world?
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The country with the largest volume of truck crane production was Germany, comprising approx. 56% of total volume. Moreover, truck crane production in Germany exceeded the figures recorded by the second-largest producer, China, sixfold. The United States ranked third in terms of total production with a 4.8% share.
What are the leading suppliers of truck cranes to Thailand?
+
In value terms, China constituted the largest supplier of truck crane to Thailand, comprising 60% of total imports. The second position in the ranking was held by Germany, with a 23% share of total imports.
What are the leading importers of truck cranes from Thailand?
+
In value terms, Vietnam emerged as the key foreign market for truck crane exports from Thailand, comprising 63% of total exports. The second position in the ranking was held by Indonesia, with a 13% share of total exports. It was followed by Taiwan Chinese), with a 7.7% share.
What is the average export price for truck cranes in Thailand?
+
The average truck crane export price stood at $241,395 per unit in 2021, increasing by 372% against the previous year.
What is the average import price for truck cranes in Thailand?
+
In 2021, the average truck crane import price amounted to $16,630 per unit, increasing by 27% against the previous year.

This report provides an in-depth analysis of the truck crane 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 29105100 - Crane lorries
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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