Thailand: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Market Size in Thailand

The Thai assembled parquet panels market reduced modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Assembled parquet panels consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Assembled Parquet Panels Production in Thailand

In value terms, assembled parquet panels production declined modestly to $X in 2022 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Assembled parquet panels production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Assembled Parquet Panels Exports

Exports from Thailand

In 2022, overseas shipments of assembled parquet panels increased by X% to X square meters, rising for the second year in a row after two years of decline. In general, exports showed a pronounced increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, assembled parquet panels exports surged to $X in 2022. Over the period under review, exports, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India (X square meters) was the main destination for assembled parquet panels exports from Thailand, accounting for a X% share of total exports. Moreover, assembled parquet panels exports to India exceeded the volume sent to the second major destination, the United States (X square meters), fourfold. Japan (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, 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 United States (X% per year) and Japan (X% per year).

In value terms, India ($X), the United States ($X) and Japan ($X) were the largest markets for assembled parquet panels exported from Thailand worldwide, together comprising X% of total exports. The Netherlands, Maldives, Argentina, South Korea, Malaysia, Germany and Australia lagged somewhat behind, together accounting for a further X%.

Maldives, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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 assembled parquet panels export price amounted to $X per square meter, with a decrease of X% against the previous year. Overall, the export price recorded a abrupt setback. The growth pace was the most rapid in 2016 an increase of X%. The export price peaked at $X per square meter in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per square meter), while the average price for exports to Maldives ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Assembled Parquet Panels Imports

Imports into Thailand

In 2022, supplies from abroad of assembled parquet panels increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, imports showed perceptible growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X square meters. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, assembled parquet panels imports skyrocketed to $X in 2022. In general, imports enjoyed notable growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Vietnam (X square meters), China (X square meters) and the United States (X square meters) were the main suppliers of assembled parquet panels imports to Thailand, together accounting for X% of total imports. Japan, the Netherlands, Italy and Malaysia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X), China ($X) and Vietnam ($X) appeared to be the largest assembled parquet panels suppliers to Thailand, with a combined X% share of total imports. The Netherlands, Japan, Italy and Malaysia lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, recorded the highest rates of growth with regard to 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 assembled parquet panels import price amounted to $X per square meter, reducing by X% against the previous year. In general, the import price recorded a mild setback. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per square meter in 2015; however, from 2016 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 Netherlands ($X per square meter), while the price for Vietnam ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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