Thailand: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Thailand

The Thai market for fully or partly automatic electric machines for arc welding of metals reduced to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a deep downturn. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Thailand

In value terms, production of fully or partly automatic electric machines for arc welding of metals dropped to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports from Thailand

In 2022, approx. X units of fully or partly automatic electric machines for arc welding of metals were exported from Thailand; waning by X% compared with the year before. Overall, exports recorded a perceptible setback. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals surged to $X in 2022. In general, exports, however, showed strong growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units), Pakistan (X units) and Indonesia (X units) were the main destinations of exports of fully or partly automatic electric machines for arc welding of metals from Thailand, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fully or partly automatic arc welding machine exported from Thailand were Pakistan ($X), Indonesia ($X) and Malaysia ($X), together comprising X% of total exports.

Pakistan, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average export price for fully or partly automatic electric machines for arc welding of metals amounted to $X per unit, jumping by X% against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the 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 Malaysia ($X per unit), while the average price for exports to Singapore ($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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports into Thailand

In 2022, after two years of growth, there was significant decline in purchases abroad of fully or partly automatic electric machines for arc welding of metals, when their volume decreased by X% to X units. In general, imports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X units in 2021, and then contracted markedly in the following year.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals expanded slightly to $X in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of fully or partly automatic arc welding machine to Thailand, accounting for a X% share of total imports. Moreover, imports of fully or partly automatic electric machines for arc welding of metals from China exceeded the figures recorded by the second-largest supplier, Japan (X units), sevenfold. Austria (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the largest fully or partly automatic arc welding machine suppliers to Thailand were Japan ($X), China ($X) and Austria ($X), with a combined X% share of total imports.

Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 import price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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