Thailand: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Thailand

The Thai spectrometers and spectrophotometers market shrank significantly to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a noticeable shrinkage. Spectrometers and spectrophotometers consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Spectrometers And Spectrophotometers Exports

Exports from Thailand

In 2022, approx. X units of spectrometers and spectrophotometers were exported from Thailand; with an increase of X% on 2021. Over the period under review, exports recorded prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, spectrometers and spectrophotometers exports dropped slightly to $X in 2022. In general, exports showed a prominent increase. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

Sri Lanka (X units), the United States (X units) and Australia (X units) were the main destinations of spectrometers and spectrophotometers exports from Thailand, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the key foreign market for spectrometers and spectrophotometers exports from Thailand, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia totaled 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).

Export Prices by Country

In 2022, the average spectrometers and spectrophotometers export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Australia ($X per unit), while the average price for exports to Sri Lanka ($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 Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spectrometers And Spectrophotometers Imports

Imports into Thailand

Spectrometers and spectrophotometers imports into Thailand dropped to X units in 2022, declining by X% against 2021 figures. In general, total imports indicated a mild increase from 2012 to 2022: its volume 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 was the most pronounced in 2017 when imports increased by X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, spectrometers and spectrophotometers imports contracted to $X in 2022. Overall, imports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest spectrometers and spectrophotometers supplier to Thailand, with a X% share of total imports. Moreover, spectrometers and spectrophotometers imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), sixfold. The third position in this ranking was taken by Mexico (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

In value terms, the largest spectrometers and spectrophotometers suppliers to Thailand were the United States ($X), Germany ($X) and Singapore ($X), together comprising X% of total imports. China, Japan, Mexico, the UK, the Czech Republic and India lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average spectrometers and spectrophotometers import price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price, however, recorded a noticeable decline. The growth pace was the most rapid in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 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 Singapore ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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