Thailand: Calendering Cylinder Market 2024

Calendering Cylinder Market Size in Thailand

In 2021, the Thai calendering cylinder market decreased by -5.2% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Calendering Cylinder Production in Thailand

In value terms, calendering cylinder production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 17% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then reduced slightly in the following year.

Calendering Cylinder Exports

Exports from Thailand

In 2021, shipments abroad of cylinders for calendering was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 111% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, calendering cylinder exports contracted to $X in 2021. Over the period under review, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2016 with an increase of 77%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for calendering cylinder exports from Thailand, accounting for a 58% share of total exports. Moreover, calendering cylinder exports to Germany exceeded the volume sent to the second major destination, Vietnam (X units), fivefold. The third position in this ranking was held by Indonesia (X units), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-3.1% per year) and Indonesia (-2.9% per year).

In value terms, Germany ($X) emerged as the key foreign market for cylinders for calendering exports from Thailand, comprising 41% of total exports. The second position in the ranking was held by Japan ($X), with a 16% share of total exports. It was followed by India, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-18.7% per year) and India (+9.6% per year).

Export Prices by Country

In 2021, the average calendering cylinder export price amounted to $X per unit, dropping by -35.6% against the previous year. Overall, the export price saw a perceptible reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 108% against the previous year. The export price peaked at $X per unit in 2020, and then declined dramatically in the following year.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per unit), while the average price for exports to the Philippines ($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 India (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Calendering Cylinder Imports

Imports into Thailand

In 2021, the amount of cylinders for calendering imported into Thailand reduced dramatically to X units, declining by -23.6% on 2020. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2014 when imports increased by 51%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, calendering cylinder imports shrank dramatically to $X in 2021. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2014 when imports increased by 25% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of calendering cylinder to Thailand, accounting for a 67% share of total imports. Moreover, calendering cylinder imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. Japan (X units) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.3% per year) and Japan (-20.8% per year).

In value terms, Germany ($X), China ($X) and Japan ($X) appeared to be the largest calendering cylinder suppliers to Thailand, with a combined 70% share of total imports. Taiwan (Chinese), South Korea, Italy and Malaysia lagged somewhat behind, together comprising a further 21%.

In terms of the main suppliers, Italy, with a CAGR of +17.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average calendering cylinder import price amounted to $X per unit, leveling off at the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calendering cylinder import price increased by +71.7% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of 26%. Over the period under review, average import prices reached the peak figure at $X per unit in 2020, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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