Thailand: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Thailand

The Thai telephone apparatus market surged to $X in 2022, with an increase of 32% against the previous year. Overall, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +32.8% against 2020 indices. Telephone apparatus consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Telephone Apparatus Production in Thailand

In value terms, telephone apparatus production reached $X in 2022 estimated in export price. Overall, production showed tangible growth. The most prominent rate of growth was recorded in 2016 with an increase of 39%. Telephone apparatus production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Telephone Apparatus Exports

Exports from Thailand

In 2022, overseas shipments of telephone apparatus decreased by -20.2% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 395% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, telephone apparatus exports surged to $X in 2022. Overall, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2017 when exports increased by 70% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X tons) was the main destination for telephone apparatus exports from Thailand, with a 21% share of total exports. Moreover, telephone apparatus exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), fivefold. The third position in this ranking was held by the Netherlands (X tons), with a 3% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +20.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+10.5% per year) and the Netherlands (+20.4% per year).

In value terms, the United States ($X) remains the key foreign market for telephone apparatus exports from Thailand, comprising 41% of total exports. The second position in the ranking was taken by Japan ($X), with a 13% share of total exports. It was followed by the Netherlands, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+14.8% per year) and the Netherlands (+18.0% per year).

Export Prices by Country

The average telephone apparatus export price stood at $X per ton in 2021, jumping by 32% against the previous year. Overall, the export price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 44%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Thailand

In 2022, the amount of telephone apparatus imported into Thailand dropped modestly to X tons, with a decrease of -1.6% against the previous year's figure. Over the period under review, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 285%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, telephone apparatus imports dropped slightly to $X in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest telephone apparatus supplier to Thailand, with a 48% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The third position in this ranking was held by Lao People's Democratic Republic (X tons), with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+5.0% per year) and Lao People's Democratic Republic (+232.6% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Thailand, comprising 74% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 10% share of total imports. It was followed by Taiwan (Chinese), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+2.9% per year) and Taiwan (Chinese) (+13.3% per year).

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, surging by 23% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2016 when the average import price increased by 98%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :