Thailand: Secateurs Market 2024

Secateurs Market Size in Thailand

In 2022, after two years of growth, there was significant decline in the Thai secateurs market, when its value decreased by X% to $X. Overall, consumption, however, posted a strong increase. Over the period under review, the market attained the peak level at $X in 2021, and then shrank in the following year.

Secateurs Exports

Exports from Thailand

In 2022, overseas shipments of secateurs and similar one-handed pruners and shears increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports showed a remarkable increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, secateurs exports rose significantly to $X in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Myanmar (X tons) was the main destination for secateurs exports from Thailand, accounting for a X% share of total exports. Moreover, secateurs exports to Myanmar exceeded the volume sent to the second major destination, Cambodia (X tons), threefold. Lao People's Democratic Republic (X kg) ranked third in terms of total exports with an X% share.

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

In value terms, Myanmar ($X) remains the key foreign market for secateurs and similar one-handed pruners and shears exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Cambodia ($X), with a X% share of total exports. It was followed by the United States, with an X% share.

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

Export Prices by Country

In 2022, the average secateurs export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price, however, saw a strong increase. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Lao People's Democratic Republic ($X per ton) was amongst the lowest.

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

Secateurs Imports

Imports into Thailand

In 2022, purchases abroad of secateurs and similar one-handed pruners and shears decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, saw a noticeable increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, secateurs imports declined modestly to $X in 2022. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest secateurs supplier to Thailand, accounting for a X% share of total imports. Moreover, secateurs imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of secateurs and similar one-handed pruners and shears to Thailand, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

In 2022, the average secateurs import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, import price indicated temperate growth 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. Based on 2022 figures, secateurs import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained 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 Taiwan (Chinese) ($X per ton), while the price for China amounted to $X per ton.

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

Source: IndexBox Platform

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