Thailand: Cement Pipe Market 2024

Cement Pipe Market Size in Thailand

The Thai cement pipe market fell to $X in 2022, which is down by X% against the previous year. In general, consumption, however, saw a prominent increase. Cement pipe consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Cement Pipe Production in Thailand

In value terms, cement pipe production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, posted a strong increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

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Cement Pipe Exports

Exports from Thailand

In 2022, overseas shipments of pipes and other articles of cement increased by X% to X units, rising for the fourth consecutive year after four years of decline. Overall, exports, however, saw a noticeable decline. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, cement pipe exports skyrocketed to $X in 2022. Over the period under review, exports showed a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for cement pipe exports from Thailand, with a X% share of total exports. Moreover, cement pipe exports to the United States exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X units), threefold. Myanmar (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (X% per year) and Myanmar (X% per year).

In value terms, the United States ($X) remains the key foreign market for pipes and other articles of cement exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a X% share of total exports. It was followed by Cambodia, with a X% share.

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

Export Prices by Country

In 2022, the average cement pipe export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price, however, showed significant growth. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per unit, and then fell modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Myanmar ($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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Pipe Imports

Imports into Thailand

Cement pipe imports into Thailand soared to X units in 2022, picking up by X% compared with 2021. In general, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cement pipe imports rose remarkably to $X in 2022. Over the period under review, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest cement pipe supplier to Thailand, with a X% share of total imports. Moreover, cement pipe imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. Australia (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 China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Australia (X% per year).

In value terms, the largest cement pipe suppliers to Thailand were China ($X), Australia ($X) and Israel ($X), together accounting for X% of total imports. Italy, Spain, Malaysia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 cement pipe import price amounted to $X per unit, reducing by X% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price 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. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per unit, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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