Thailand: Market for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables 2024

Market Size for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Thailand

The Thai market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables plummeted to $X in 2023, which is down by X% against the previous year. In general, consumption recorded a abrupt slump. Consumption of peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Production of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Thailand

In value terms, production of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables fell modestly to $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. Production of peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Exports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Exports from Thailand

In 2023, the amount of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables exported from Thailand soared to X units, rising by X% compared with the previous year. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports of hit record highs in 2023 and are expected to retain growth in years to come.

In value terms, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables stood at $X in 2023. Over the period under review, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports of hit record highs in 2023 and are expected to retain growth in years to come.

Exports by Country

India (X units) was the main destination for exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables from Thailand, with a X% share of total exports. Moreover, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables to India exceeded the volume sent to the second major destination, the Philippines (X units), fourfold. Myanmar (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Myanmar (X% per year).

In value terms, India ($X) remains the key foreign market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables exports from Thailand, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with an X% share of total exports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2023, the average annual growth rate of value to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Sri Lanka (X% per year).

Export Prices by Country

The average export price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables stood at $X per unit in 2023, reducing by X% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Imports into Thailand

After three years of growth, supplies from abroad of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables decreased by X% to X units in 2023. Overall, imports saw a slight descent. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of X units. From 2015 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables stood at $X in 2023. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

In 2023, China (X units) constituted the largest supplier of seed cleaning, sorting and grading machine to Thailand, accounting for a X% share of total imports. Moreover, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold. The third position in this ranking was held by Japan (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables to Thailand, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).

Import Prices by Country

The average import price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables stood at $X per unit in 2023, jumping by X% against the previous year. Overall, the import price, however, showed a deep reduction. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform