Thailand: Calendering Machine Market 2024

Calendering Machine Market Size in Thailand

The Thai calendering machine market stood at $X in 2021, picking up by 2.4% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Calendering Machine Production in Thailand

In value terms, calendering machine production reduced slightly to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 0.7%. Calendering machine production peaked at $X in 2020, and then fell in the following year.

Calendering Machine Exports

Exports from Thailand

In 2021, shipments abroad of calendering and rolling machines increased by 41% to X units, rising for the second consecutive year after two years of decline. In general, exports showed a perceptible expansion. The pace of growth was the most pronounced in 2015 when exports increased by 411% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, calendering machine exports reduced to $X in 2021. Over the period under review, exports, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2015 with an increase of 176%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

South Korea (X units) was the main destination for calendering machine exports from Thailand, with a 63% share of total exports. Moreover, calendering machine exports to South Korea exceeded the volume sent to the second major destination, India (X units), sixfold. Myanmar (X units) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume to South Korea stood at +16.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-1.5% per year) and Myanmar (-7.3% per year).

In value terms, South Korea ($X) emerged as the key foreign market for calendering and rolling machines exports from Thailand, comprising 42% of total exports. The second position in the ranking was held by Myanmar ($X), with a 16% share of total exports. It was followed by India, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to South Korea totaled +101.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (-2.7% per year) and India (-10.8% per year).

Export Prices by Country

In 2021, the average calendering machine export price amounted to $X per unit, which is down by -37.9% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 147% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Calendering Machine Imports

Imports into Thailand

Calendering machine imports into Thailand skyrocketed to X units in 2021, rising by 545% against 2020 figures. 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.

In value terms, calendering machine imports skyrocketed to $X in 2021. In general, imports enjoyed measured growth. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Switzerland (X units) and Spain (X units) were the main suppliers of calendering machine imports to Thailand, together comprising 96% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +251.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of calendering and rolling machines to Thailand, comprising 56% of total imports. The second position in the ranking was held by Switzerland ($X), with a 17% share of total imports. It was followed by Taiwan (Chinese), with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+375.5% per year) and Taiwan (Chinese) (-12.3% per year).

Import Prices by Country

The average calendering machine import price stood at $X per unit in 2021, which is down by -48.2% against the previous year. In general, the import price showed a dramatic shrinkage. The pace of growth was the most pronounced in 2016 an increase of 64%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, 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 Taiwan (Chinese) ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-23.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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