Thailand: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in Thailand

The Thai market for ceramic wares for laboratory or technical uses shrank to $X in 2022, reducing by -10.5% against the previous year. In general, consumption showed a mild curtailment. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Ceramic Wares For Laboratory Or Technical Uses in Thailand

In value terms, production of ceramic wares for laboratory or technical uses plummeted to $X in 2022 estimated in export price. In general, production, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 195%. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports from Thailand

In 2022, the amount of ceramic wares for laboratory or technical uses exported from Thailand contracted to X tons, which is down by -5.6% against 2021 figures. Over the period under review, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, exports of ceramic wares for laboratory or technical uses rose notably to $X in 2022. In general, exports saw a perceptible setback. The pace of growth appeared the most rapid in 2021 when exports increased by 55% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), China (X tons) and India (X tons) were the main destinations of exports of ceramic wares for laboratory or technical uses from Thailand, with a combined 67% share of total exports. Malaysia, Lao People's Democratic Republic, South Korea, Indonesia and Japan lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lao People's Democratic Republic (with a CAGR of +186.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for ceramic wares for laboratory or technical uses exports from Thailand, comprising 38% of total exports. The second position in the ranking was held by Indonesia ($X), with a 17% share of total exports. It was followed by India, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +54.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+18.5% per year) and India (+54.6% per year).

Export Prices by Country

The average export price for ceramic wares for laboratory or technical uses stood at $X per ton in 2022, rising by 12% against the previous year. Overall, the export price, however, faced a deep downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+13.0%), while the prices for the other major destinations experienced a decline.

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports into Thailand

In 2022, overseas purchases of ceramic wares for laboratory or technical uses increased by 0.1% to X tons, rising for the third consecutive year after two years of decline. In general, imports, however, continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2013 with an increase of 28% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of ceramic wares for laboratory or technical uses dropped to $X in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2013 when imports increased by 39%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest ceramic wares for laboratory or technical uses supplier to Thailand, with a 59% share of total imports. Moreover, imports of ceramic wares for laboratory or technical uses from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. Sweden (X tons) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-8.0% per year) and Sweden (+41.3% per year).

In value terms, Japan ($X) constituted the largest supplier of ceramic wares for laboratory or technical uses to Thailand, comprising 53% of total imports. The second position in the ranking was held by China ($X), with a 22% share of total imports. It was followed by the United States, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value from Japan amounted to -6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.5% per year) and the United States (+3.4% per year).

Import Prices by Country

In 2022, the average import price for ceramic wares for laboratory or technical uses amounted to $X per ton, dropping by -7.4% against the previous year. Overall, the import price showed a abrupt setback. The growth pace was the most rapid in 2015 an increase of 26% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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