Thailand - Telephones And Videophones - Market Analysis, Forecast, Size, Trends and Insights
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Thailand - Telephones And Videophones - Market Analysis, Forecast, Size, Trends and Insights

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Jul 26, 2023

Thailand's Phone Price Drops to $124 per Unit Following Two Straight Months of Contraction

Thailand Telephone Export Price in May 2023

In May 2023, the telephone price stood at $124 per unit (FOB, Thailand), shrinking by -3.4% against the previous month. In general, export price indicated noticeable growth from May 2022 to May 2023: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, telephone export price decreased by -10.6% against March 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 47% month-to-month. Over the period under review, the average export prices hit record highs at $140 per unit in December 2022; however, from January 2023 to May 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Lao People's Democratic Republic ($221 per unit), while the average price for exports to South Africa ($16.3 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Telephone in Thailand (USD per unit)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
Lao People's Democratic Republic226220251288298274250237235295243238221
Netherlands124250118190132210263190106196163129160
Malaysia37.790.456.713875.371.496.612995.333.8143121140
United States11995.411110198.6154134134122129162211125
Canada59.713811563.8141104121138115109131127121
Australia57.767.554.882.175.889.212314212954.672.683.473.9
Japan54.168.860.265.857.560.753.562.263.453.554.758.760.5
United Kingdom44.655.512816612790.270.521351.022362.447.757.7
South Korea30.528.733.735.967.136.131.829.939.426.945.157.352.0
South Africa27.421.79.335.237.424.722.331.329.434.913225.416.3
Average88.296.391.711010310810514010294.0138128124

Thailand Telephone Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was telephone sets n.e.c. in item no. 8517.1 ($142 per unit), while the average price for exports of line telephone sets with cordless handsets totaled $48.7 per unit.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for the following types: line telephone (+2.5%).

Thailand Telephone Exports

Telephone exports from Thailand soared to 186K units in May 2023, jumping by 24% compared with April 2023 figures. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when exports increased by 25% m-o-m. Over the period under review, the exports hit record highs at 210K units in September 2022; afterwards, it flattened through to May 2023.

In value terms, telephone exports skyrocketed to $23M (IndexBox estimates) in May 2023. Over the period under review, total exports indicated moderate growth from May 2022 to May 2023: its value increased at an average monthly rate of +3.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, exports decreased by -10.7% against March 2023 indices. The most prominent rate of growth was recorded in March 2023 with an increase of 65% month-to-month. As a result, the exports attained the peak of $26M. From April 2023 to May 2023, the growth of the exports failed to regain momentum.

Thailand Telephone Exports by Type

Telephone sets n.e.c. in item no. 8517.1 (150K units) was the largest type of telephone exported from Thailand, accounting for a 80% share of total exports. Moreover, telephone sets n.e.c. in item no. 8517.1 exceeded the volume of the second product type, line telephone sets with cordless handsets (37K units), fourfold.

From May 2022 to May 2023, the average monthly growth rate of the volume of export of telephone sets n.e.c. in item no. 8517.1 stood at +2.2%.

In value terms, telephone sets n.e.c. in item no. 8517.1 ($21M) remains the largest type of telephone exported from Thailand, comprising 92% of total exports. The second position in the ranking was held by line telephone sets with cordless handsets ($1.8M), with a 7.8% share of total exports.

From May 2022 to May 2023, the average monthly rate of growth in terms of the export volume of telephone sets n.e.c. in item no. 8517.1 totaled +4.2%.

Thailand Telephone Exports by Country

The United States (84K units) was the main destination for telephone exports from Thailand, with a 45% share of total exports. Moreover, telephone exports to the United States exceeded the volume sent to the second major destination, Japan (28K units), threefold. South Korea (17K units) ranked third in terms of total exports with an 8.9% share.

From May 2022 to May 2023, the average monthly growth rate of volume to the United States totaled +5.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+0.0% per month) and South Korea (-4.4% per month).

In value terms, the United States ($11M) remains the key foreign market for telephone exports from Thailand, comprising 46% of total exports. The second position in the ranking was taken by Japan ($1.7M), with a 7.3% share of total exports. It was followed by Lao People's Democratic Republic, with a 6.8% share.

From May 2022 to May 2023, the average monthly growth rate of value to the United States stood at +6.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+1.0% per month) and Lao People's Democratic Republic (-2.5% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the telephone 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 26302100 - Line telephone sets with cordless handsets
  • Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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