Thailand: Resistor Market 2024

Resistor Market Size in Thailand

In 2022, after two years of decline, there was significant growth in the Thai resistor market, when its value increased by X% to $X. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Resistor Production in Thailand

In value terms, resistor production contracted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Resistor Exports

Exports from Thailand

In 2022, after two years of growth, there was significant decline in shipments abroad of electrical resistors (except heating resistors), when their volume decreased by X% to X units. Overall, total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked at X units in 2021, and then declined remarkably in the following year.

In value terms, resistor exports declined significantly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

China (X units), Japan (X units) and India (X units) were the main destinations of resistor exports from Thailand, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for resistor exported from Thailand were Japan ($X), China ($X) and Hong Kong SAR ($X), with a combined X% share of total exports. The United States, India, Singapore, Malaysia, Turkey, the UK, Italy, Germany, Poland and Spain lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average resistor export price amounted to $X per thousand units, growing by X% against the previous year. Over the period under review, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per thousand units in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per thousand units), while the average price for exports to Italy ($X per thousand units) was amongst the lowest.

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

Resistor Imports

Imports into Thailand

In 2022, imports of electrical resistors (except heating resistors) into Thailand rose rapidly to X units, growing by X% against 2021. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, resistor imports fell to $X in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

China (X units), Japan (X units) and Malaysia (X units) were the main suppliers of resistor imports to Thailand, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest resistor suppliers to Thailand were Japan ($X), China ($X) and Taiwan (Chinese) ($X), with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average resistor import price stood at $X per thousand units in 2022, declining by X% against the previous year. Over the period under review, the import price saw a pronounced descent. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, import price attained the peak level of $X per thousand units. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Taiwan (Chinese) ($X per thousand units), while the price for China ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :