Thailand: Vices And Clamps Market 2024

Vices And Clamps Market Size in Thailand

The Thai vices and clamps market fell modestly to $X in 2022, flattening at 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 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Vices And Clamps Production in Thailand

In value terms, vices and clamps production rose notably to $X in 2022 estimated in export price. Over the period under review, production recorded resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Vices And Clamps Exports

Exports from Thailand

In 2022, vices and clamps exports from Thailand skyrocketed to X tons, with an increase of X% compared with the year before. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, vices and clamps exports surged to $X in 2022. In general, exports recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Indonesia (X tons), South Africa (X tons) and the United States (X tons) were the main destinations of vices and clamps exports from Thailand, with a combined X% share of total exports.

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

In value terms, the largest markets for vices and clamps exported from Thailand were Indonesia ($X), South Africa ($X) and the United States ($X), with a combined X% share of total exports.

South Africa, with a CAGR of X%, saw the highest growth rate of 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

The average vices and clamps export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vices And Clamps Imports

Imports into Thailand

In 2022, purchases abroad of vices and clamps decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports continue to indicate a pronounced setback. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, vices and clamps imports reduced to $X in 2022. Over the period under review, imports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of vices and clamps to Thailand, with a X% share of total imports. Moreover, vices and clamps imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold. Japan (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Japan (X% per year).

In value terms, the largest vices and clamps suppliers to Thailand were Japan ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for X% of total imports. South Korea and India lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average vices and clamps import price stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price recorded a perceptible downturn. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :