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Thailand - Levels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLevels Export in Thailand Jumps to $22 Million in 2023
Thailand Levels Exports
In 2023, approx. 3.4M units of levels were exported from Thailand; surging by 2.9% compared with the previous year. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 73%. As a result, the exports attained the peak of 7.8M units. From 2022 to 2023, the growth of the exports failed to regain momentum.
In value terms, levels exports reached $22M (IndexBox estimates) in 2023. Over the period under review, exports posted a modest increase. The most prominent rate of growth was recorded in 2020 when exports increased by 74%. The exports peaked at $60M in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.
COUNTRY | Export Value of Levels in Thailand (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
United States | 9.7 | 10.0 | 10.5 | 7.2 | 6.4 | 8.3 | 10.5 | 28.0 | 40.0 | 9.5 | 8.9 |
Belgium | 5.0 | 6.0 | 7.3 | 5.0 | 4.1 | 4.7 | 4.6 | 4.3 | 7.3 | 3.7 | 4.6 |
United Kingdom | 0.4 | 0.8 | 0.4 | 2.7 | 3.0 | 3.7 | 2.8 | 2.3 | 5.4 | 2.9 | 3.6 |
Canada | N/A | 0.1 | 0.2 | 1.5 | 1.6 | 1.8 | 1.2 | 1.5 | 2.6 | 2.5 | 1.8 |
Australia | 1.3 | 1.9 | 2.1 | 2.1 | 1.9 | 2.3 | 1.4 | 2.0 | 2.1 | 1.5 | 1.4 |
United Arab Emirates | 0.9 | 1.5 | 2.1 | 1.1 | 0.9 | 1.4 | 1.1 | 0.5 | 0.5 | 0.5 | 0.5 |
Others | 2.2 | 1.8 | 1.7 | 2.1 | 2.1 | 1.8 | 1.4 | 1.3 | 2.1 | 1.1 | 1.1 |
Total | 19.5 | 22.3 | 24.3 | 21.7 | 19.9 | 23.9 | 23.0 | 40.0 | 60.0 | 21.6 | 21.8 |
Exports by Country
the United States (1.9M units) was the main destination for levels exports from Thailand, accounting for a 55% share of total exports. Moreover, levels exports to the United States exceeded the volume sent to the second major destination, Belgium (624K units), threefold. the UK (291K units) ranked third in terms of total exports with an 8.4% share.
From 2013 to 2023, the average annual growth rate of volume to the United States totaled -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-1.4% per year) and the UK (+19.1% per year).
In value terms, the United States ($8.9M), Belgium ($4.6M) and the UK ($3.6M) constituted the largest markets for levels exported from Thailand worldwide, together accounting for 78% of total exports. Canada, Australia and the United Arab Emirates lagged somewhat behind, together comprising a further 17%.
Canada, with a CAGR of +64.1%, recorded 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
In 2023, the levels price amounted to $6.3 per unit (FOB, Thailand), which is down by -2.1% against the previous year. Overall, export price indicated a mild expansion from 2013 to 2023: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, levels export price decreased by -28.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 26%. As a result, the export price reached the peak level of $8.9 per unit. From 2021 to 2023, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Australia ($13 per unit), while the average price for exports to Singapore ($3.9 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the levels market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28293960 - Levels
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024