Thailand: Market for Dentist And Barber Chairs 2024

Market Size for Dentist And Barber Chairs in Thailand

The Thai dentist or barber chair market fell to $X in 2022, declining by -4.5% against the previous year. In general, the total consumption indicated notable growth 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 +7.8% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Dentist And Barber Chairs in Thailand

In value terms, dentist or barber chair production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 33% against the previous year. Dentist or barber chair production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Dentist And Barber Chairs

Exports from Thailand

Dentist or barber chair exports from Thailand shrank dramatically to X units in 2022, waning by -52% compared with the previous year. Over the period under review, exports showed a dramatic shrinkage. The growth pace was the most rapid in 2018 when exports increased by 229% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, dentist or barber chair exports fell dramatically to $X in 2022. Overall, exports recorded a sharp setback. The growth pace was the most rapid in 2018 with an increase of 258%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Myanmar (X units) was the main destination for dentist or barber chair exports from Thailand, accounting for a 44% share of total exports. Moreover, dentist or barber chair exports to Myanmar exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X units), fourfold. The third position in this ranking was held by Cambodia (X units), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume to Myanmar stood at +40.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (-14.0% per year) and Cambodia (-3.1% per year).

In value terms, Myanmar ($X), Vietnam ($X) and Japan ($X) appeared to be the largest markets for dentist or barber chair exported from Thailand worldwide, together comprising 57% of total exports.

In terms of the main countries of destination, Myanmar, with a CAGR of +20.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average dentist or barber chair export price amounted to $X per unit, rising by 41% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 56%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Lao People's Democratic Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dentist And Barber Chairs

Imports into Thailand

In 2022, overseas purchases of dentist and barber chairs were finally on the rise to reach X units after five years of decline. In general, imports, however, showed a noticeable setback. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, dentist or barber chair imports surged to $X in 2022. Overall, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 49%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of dentist or barber chair to Thailand, accounting for a 70% share of total imports. Moreover, dentist or barber chair imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from China totaled -5.7%.

In value terms, South Korea ($X) and China ($X) constituted the largest dentist or barber chair suppliers to Thailand.

Among the main suppliers, South Korea, with a CAGR of +37.1%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average dentist or barber chair import price stood at $X per unit in 2022, stabilizing at the previous year. Overall, the import price recorded a remarkable increase. The pace of growth was the most pronounced in 2017 an increase of 35% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.4%).

Source: IndexBox Platform

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