Thailand: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2025

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Thailand

The Thai market for domestic, non-electric, cooking or heating appliances shrank remarkably to $X in 2021, reducing by -16.7% against the previous year. In general, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +18.9% against 2019 indices. As a result, consumption reached the peak level of $X, and then contracted significantly in the following year.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in Thailand

In value terms, production of domestic, non-electric, cooking or heating appliances dropped rapidly to $X in 2021 estimated in export price. Overall, the total production indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +62.2% against 2016 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 64%. As a result, production reached the peak level of $X, and then fell significantly in the following year.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Thailand

In 2021, overseas shipments of domestic, non-electric, cooking or heating appliances decreased by -4.9% to X tons, falling for the third year in a row after seven years of growth. In general, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 57% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of domestic, non-electric, cooking or heating appliances skyrocketed to $X in 2021. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Australia (X tons), Myanmar (X tons) and Cambodia (X tons) were the main destinations of exports of domestic, non-electric, cooking or heating appliances from Thailand, together accounting for 45% of total exports. These countries were followed by India, Lao People's Democratic Republic, Oman, the United States, New Zealand and the United Arab Emirates, which together accounted for a further 43%.

From 2012 to 2021, the biggest increases were recorded for New Zealand (with a CAGR of +80.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for domestic, non-electric, cooking or heating appliances exports from Thailand, comprising 57% of total exports. The second position in the ranking was taken by Australia ($X), with a 12% share of total exports. It was followed by India, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +46.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+50.5% per year) and India (+43.4% per year).

Export Prices by Country

In 2021, the average export price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, with an increase of 53% against the previous year. Overall, the export price saw prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 189%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Myanmar ($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 the United States (+50.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Thailand

In 2021, overseas purchases of domestic, non-electric, cooking or heating appliances decreased by -11.2% to X tons, falling for the third year in a row after seven years of growth. Overall, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 67% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of domestic, non-electric, cooking or heating appliances surged to $X in 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +39.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 26%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) was the main domestic, non-electric, cooking or heating appliance supplier to Thailand, with a 93% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -2.6%.

In value terms, China ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliances to Thailand, comprising 91% of total imports. The second position in the ranking was held by Vietnam ($X), with a 2.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +7.5%.

Import Prices by Country

In 2021, the average import price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, surging by 38% against the previous year. In general, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 83%. The import price peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.3%).

Source: IndexBox Platform

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