Thailand: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Thailand

The Thai filling containers machinery market rose markedly to $X in 2022, increasing by X% against the previous year. In general, consumption, however, saw a deep reduction. Filling containers machinery consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Filling Containers Machinery Production in Thailand

In value terms, filling containers machinery production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Filling Containers Machinery Exports

Exports from Thailand

In 2022, exports of machinery for filling, closing, sealing, capsuling or labelling containers from Thailand surged to X units, rising by X% compared with the year before. Overall, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, filling containers machinery exports surged to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia (X units), Germany (X units) and China (X units) were the main destinations of filling containers machinery exports from Thailand, together accounting for X% of total exports. Seychelles, Vietnam, the United States, India, the Philippines, Australia, Japan, Myanmar, Bangladesh and Egypt lagged somewhat behind, together accounting for a further X%.

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

In value terms, Indonesia ($X) emerged as the key foreign market for machinery for filling, closing, sealing, capsuling or labelling containers exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average filling containers machinery export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 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 stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Myanmar ($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 Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Thailand

In 2022, approx. X units of machinery for filling, closing, sealing, capsuling or labelling containers were imported into Thailand; waning by X% on the previous year. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, filling containers machinery imports expanded sharply to $X in 2022. Overall, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Germany (X units) were the main suppliers of filling containers machinery imports to Thailand, with a combined X% share of total imports. Japan, South Korea, Malaysia, Italy, Canada, Spain, Austria, India and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Canada (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 Germany ($X) constituted the largest filling containers machinery suppliers to Thailand, with a combined X% share of total imports. Italy, South Korea, Malaysia, India, Taiwan (Chinese), Canada, Spain, the United States and Austria lagged somewhat behind, together comprising a further X%.

Canada, with a CAGR of X%, recorded 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 filling containers machinery import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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