Thailand: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2022

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Thailand

In 2021, the Thai digital data processing machine market decreased by -14.3% to $X, falling for the second consecutive year after five years of growth. In general, consumption recorded a relatively flat trend pattern. Digital data processing machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Thailand

After two years of growth, overseas shipments of digital data processing machines: presented in the form of systems decreased by -27.3% to X units in 2021. In general, exports continue to indicate a mild downturn. The growth pace was the most rapid in 2016 with an increase of 196% against the previous year. The exports peaked at X units in 2020, and then contracted sharply in the following year.

In value terms, digital data processing machine exports shrank significantly to $X in 2021. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 76% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X units) was the main destination for digital data processing machine exports from Thailand, accounting for a 33% share of total exports. Moreover, digital data processing machine exports to Hong Kong SAR exceeded the volume sent to the second major destination, Malaysia (X units), twofold. New Zealand (X units) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR amounted to -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+36.9% per year) and New Zealand (+112.3% per year).

In value terms, Hong Kong SAR ($X), Singapore ($X) and New Zealand ($X) were the largest markets for digital data processing machine exported from Thailand worldwide, together comprising 72% of total exports. Malaysia, Lao People's Democratic Republic, Cambodia, Myanmar, the United States and the United Arab Emirates lagged somewhat behind, together comprising a further 24%.

Myanmar, with a CAGR of +191.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average digital data processing machine export price stood at $X per unit in 2021, falling by -12.8% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 166%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Singapore ($X per unit), while the average price for exports to Myanmar ($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 (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Thailand

In 2021, the amount of digital data processing machines: presented in the form of systems imported into Thailand contracted remarkably to X units, waning by -19.6% compared with the year before. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 62%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, digital data processing machine imports dropped to $X in 2021. Overall, imports recorded a slight curtailment. The pace of growth was the most pronounced in 2016 with an increase of 34%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of digital data processing machine to Thailand, accounting for a 93% share of total imports. It was followed by India (X units), with a 2.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of digital data processing machine to Thailand, comprising 84% of total imports. The second position in the ranking was held by India ($X), with a 1.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

The average digital data processing machine import price stood at $X per unit in 2021, with an increase of 6.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 21% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for India totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.3%).

Source: IndexBox Market Intelligence Platform

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