Thailand: Non-Numerically Controlled Lathe Market 2024

Non-Numerically Controlled Lathe Market Size in Thailand

The Thai non-numerically controlled lathe market stood at $X in 2022, rising by X% against the previous year. Overall, consumption, however, saw a deep setback. Non-numerically controlled lathe consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Numerically Controlled Lathe Production in Thailand

In value terms, non-numerically controlled lathe production shrank significantly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, non-numerically controlled laproduction hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Non-Numerically Controlled Lathe Exports

Exports from Thailand

In 2022, approx. X units of non-numerically controlled horizontal lathes, for removing metal were exported from Thailand; dropping by X% compared with 2021 figures. In general, exports showed a slight setback. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the non-numerically controlled laexports attained the peak figure at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-numerically controlled lathe exports shrank to $X in 2022. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

India (X units) was the main destination for non-numerically controlled lathe exports from Thailand, with a X% share of total exports. Moreover, non-numerically controlled lathe exports to India exceeded the volume sent to the second major destination, Switzerland (X units), fivefold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, India ($X) emerged as the key foreign market for non-numerically controlled horizontal lathes, for removing metal exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average non-numerically controlled lathe export price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to Kenya ($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 South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Numerically Controlled Lathe Imports

Imports into Thailand

In 2022, overseas purchases of non-numerically controlled horizontal lathes, for removing metal increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a abrupt setback. Over the period under review, non-numerically controlled laimports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled lathe imports soared to $X in 2022. In general, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X units), Japan (X units) and China (X units) were the main suppliers of non-numerically controlled lathe imports to Thailand, with a combined X% share of total imports. India, the United States, Canada and Switzerland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest non-numerically controlled lathe suppliers to Thailand were Japan ($X), Taiwan (Chinese) ($X) and China ($X), with a combined X% share of total imports. The United States, India, Switzerland and Canada lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Canada, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average non-numerically controlled lathe import price stood at $X per unit in 2022, leveling off at the previous year. Overall, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of 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 remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Canada ($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 United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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