Thailand: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Thailand

The Thai injection-moulding machine market plummeted to $X in 2022, with a decrease of X% against the previous year. In general, consumption faced a deep downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Injection-Moulding Machine Production in Thailand

In value terms, injection-moulding machine production declined sharply to $X in 2022 estimated in export price. Over the period under review, production, however, recorded mild growth. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Injection-Moulding Machine Exports

Exports from Thailand

In 2022, shipments abroad of injection-moulding machines for working rubber or plastics decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X units in 2021, and then fell slightly in the following year.

In value terms, injection-moulding machine exports contracted to $X in 2022. In general, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

The United States (X units) was the main destination for injection-moulding machine exports from Thailand, with a X% share of total exports. Moreover, injection-moulding machine exports to the United States exceeded the volume sent to the second major destination, Japan (X units), threefold. China (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

In value terms, the United States ($X) remains the key foreign market for injection-moulding machines for working rubber or plastics exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with an X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average injection-moulding machine export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price showed a noticeable setback. The growth pace was the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to the Netherlands ($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 the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Injection-Moulding Machine Imports

Imports into Thailand

After four years of growth, overseas purchases of injection-moulding machines for working rubber or plastics decreased by X% to X units in 2022. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, injection-moulding machine imports declined sharply to $X in 2022. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Japan (X units) and Taiwan (Chinese) (X units) were the main suppliers of injection-moulding machine imports to Thailand, together accounting for X% of total imports. South Korea, Germany and Switzerland lagged somewhat behind, together comprising a further X%.

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

In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) constituted the largest injection-moulding machine suppliers to Thailand, together comprising X% of total imports. South Korea, Germany and Switzerland lagged somewhat behind, together accounting for a further X%.

Switzerland, with a CAGR of X%, saw 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 a decline.

Import Prices by Country

The average injection-moulding machine import price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for Germany ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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