Thailand: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in Thailand

In 2022, the Thai photo-copying apparatus market increased by 53% to $X, rising for the third year in a row after two years of decline. In general, consumption posted prominent growth. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in years to come.

Photo-Copying Apparatus Production in Thailand

In value terms, photo-copying apparatus production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production saw a measured expansion. The most prominent rate of growth was recorded in 2020 with an increase of 75%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Photo-Copying Apparatus Exports

Exports from Thailand

For the third consecutive year, Thailand recorded growth in overseas shipments of photo-copying apparatus, which increased by 34% to X units in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 1,727%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, photo-copying apparatus exports rose remarkably to $X in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 1,569%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Japan (X units), Singapore (X units) and the United States (X units) were the main destinations of photo-copying apparatus exports from Thailand, together comprising 62% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +61.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for photo-copying apparatus exported from Thailand were the United States ($X), the Netherlands ($X) and Japan ($X), together comprising 70% of total exports. China, Singapore, India and the United Arab Emirates lagged somewhat behind, together comprising a further 22%.

Among the main countries of destination, India, with a CAGR of +53.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average photo-copying apparatus export price stood at $X per unit in 2022, reducing by -14.4% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 34% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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 the Netherlands ($X per unit), while the average price for exports to Singapore ($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 (-0.9%), while the prices for the other major destinations experienced a decline.

Photo-Copying Apparatus Imports

Imports into Thailand

In 2022, the amount of photo-copying apparatus imported into Thailand shrank slightly to X units, dropping by -3.6% compared with 2021 figures. In general, imports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 72%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, photo-copying apparatus imports rose remarkably to $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 85%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest photo-copying apparatus supplier to Thailand, accounting for a 72% share of total imports. Moreover, photo-copying apparatus imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -2.2%.

In value terms, China ($X) constituted the largest supplier of photo-copying apparatus to Thailand, comprising 57% of total imports. The second position in the ranking was taken by Japan ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +8.1%.

Import Prices by Country

The average photo-copying apparatus import price stood at $X per unit in 2022, with an increase of 15% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, photo-copying apparatus import price decreased by -34.9% against 2020 indices. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%).

Source: IndexBox Platform

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