Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Thailand - 2023

Contents:

  1. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Thailand (CIF) - 2022
  2. Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Thailand

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Thailand (CIF) - 2022

In 2022, the average import price for railway or tramway sleepers (cross-ties) of wood amounted to $385 per cubic meter, growing by 377% against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 1,262% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.5% per year.

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Thailand

In 2022, imports of railway or tramway sleepers (cross-ties) of wood into Thailand totaled 148 cubic meters, with an increase of 8% compared with the previous year's figure. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 397%. As a result, imports attained the peak of 154 cubic meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood soared to $57K in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Railway or Tramway Sleepers (Cross-Ties) of Wood in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia10.5N/A5.956.975.6%
ChinaN/A25.4N/AN/A0%
AustraliaN/AN/A5.1N/A0%
OthersN/AN/AN/AN/A0%
Total10.525.411.056.975.6%

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to Thailand in 2022:

  1. Malaysia (148.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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