Thailand: Thread Rolling Machine Market 2024

Thread Rolling Machine Market Size in Thailand

The Thai thread rolling machine market contracted rapidly to $X in 2022, shrinking by 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). Overall, consumption showed a deep contraction. Thread rolling machine consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Thread Rolling Machine Exports

Exports from Thailand

Thread rolling machine exports from Thailand reduced to X units in 2022, which is down by X% against the previous year's figure. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, thread rolling machine exports surged to $X in 2022. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), Singapore (X units) and Lao People's Democratic Republic (X units) were the main destinations of thread rolling machine exports from Thailand, together accounting for X% 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 Singapore (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for thread rolling machine exported from Thailand were Singapore ($X), the Netherlands ($X) and Japan ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average thread rolling machine export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Lao People's Democratic Republic ($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 a decline.

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Thread Rolling Machine Imports

Imports into Thailand

In 2022, imports of thread rolling machines for working metal, sintered metal carbides or cermets into Thailand fell notably to X units, which is down by X% compared with the previous year's figure. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at X units in 2021, and then contracted remarkably in the following year.

In value terms, thread rolling machine imports fell remarkably to $X in 2022. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of thread rolling machine to Thailand, with a X% share of total imports. Moreover, thread rolling machine imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. Japan (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Japan ($X) constituted the largest supplier of thread rolling machines for working metal, sintered metal carbides or cermets to Thailand, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the average thread rolling machine import price amounted to $X per unit, waning by X% against the previous year. In general, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a 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 Japan ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform