Thailand: Paper Moulding Machine Market 2024

Paper Moulding Machine Market Size in Thailand

The Thai paper moulding machine market dropped to $X.7B in 2022, which is down by X% against the previous year. In general, consumption continues to indicate a noticeable shrinkage. Paper moulding machine consumption peaked at $X.2B in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Paper Moulding Machine Production in Thailand

In value terms, paper moulding machine production shrank modestly to $X.6B in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Paper moulding machine production peaked at $X.2B in 2016; however, from 2017 to 2022, production remained at a lower figure.

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Paper Moulding Machine Exports

Exports from Thailand

In 2022, approx. X units of machines for moulding articles in paper pulp, paper or paperboard were exported from Thailand; surging by X% on the previous year. Over the period under review, exports showed a resilient expansion. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, paper moulding machine exports soared to $X in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X units), India (X units) and Lao People's Democratic Republic (X units) were the main destinations of paper moulding machine exports from Thailand, together accounting for X% 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 Malaysia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper moulding machine exported from Thailand were India ($X), Malaysia ($X) and Lao People's Democratic Republic ($X), together comprising X% of total exports.

Malaysia, 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 paper moulding machine export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price showed a resilient expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 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 India ($X per unit), while the average price for exports to the United States ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Moulding Machine Imports

Imports into Thailand

In 2022, approx. X units of machines for moulding articles in paper pulp, paper or paperboard were imported into Thailand; waning by X% on the previous year's figure. Overall, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then fell remarkably in the following year.

In value terms, paper moulding machine imports shrank notably to $X in 2022. In general, imports, however, enjoyed moderate growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest paper moulding machine supplier to Thailand, accounting for a X% share of total imports. Moreover, paper moulding machine imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), sixfold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of machines for moulding articles in paper pulp, paper or paperboard to Thailand, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, 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: Indonesia (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the average paper moulding machine import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Taiwan (Chinese) ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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