Thailand: Non-Lawn Mower Market 2024

Non-Lawn Mower Market Size in Thailand

The Thai non-lawn mower market amounted to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Non-Lawn Mower Production in Thailand

In value terms, non-lawn mower production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Non-Lawn Mower Exports

Exports from Thailand

In 2022, overseas shipments of non-lawn mowers and cutter bars decreased by X% to X units, falling for the second year in a row after five years of growth. Overall, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-lawn mower exports fell significantly to $X in 2022. Over the period under review, exports saw a mild reduction. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Myanmar (X units) was the main destination for non-lawn mower exports from Thailand, with a X% share of total exports. Moreover, non-lawn mower exports to Myanmar exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fivefold. The third position in this ranking was taken by Japan (X units), with an X% share.

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

In value terms, Myanmar ($X) remains the key foreign market for non-lawn mowers and cutter bars exports from Thailand, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Lao People's Democratic Republic, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Myanmar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Lao People's Democratic Republic (X% per year).

Export Prices by Country

The average non-lawn mower export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price showed a abrupt setback. The growth pace was the most rapid in 2016 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

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 South Korea ($X per unit), while the average price for exports to Uganda ($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 Uganda (X%), while the prices for the other major destinations experienced a decline.

Non-Lawn Mower Imports

Imports into Thailand

For the fourth consecutive year, Thailand recorded growth in overseas purchases of non-lawn mowers and cutter bars, which increased by X% to X units in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, non-lawn mower imports shrank modestly to $X in 2022. Over the period under review, imports showed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2021, and then contracted modestly in the following year.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of non-lawn mower to Thailand, accounting for a X% share of total imports. Moreover, non-lawn mower imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Italy (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Japan ($X), China ($X) and Italy ($X) constituted the largest non-lawn mower suppliers to Thailand, with a combined X% share of total imports.

Japan, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average non-lawn mower import price amounted to $X per unit, waning by X% against the previous year. In general, the import price saw a deep downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, 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 a decline.

Source: IndexBox Platform

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