Thailand: Lcds And Plasmas Market 2025

Lcds And Plasmas Market Size in Thailand

In 2022, the Thai LCDs and plasmas market increased by 2.1% to $X, rising for the fourth year in a row after six years of decline. Overall, consumption showed a strong increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Lcds And Plasmas Production in Thailand

In value terms, LCDs and plasmas production shrank rapidly to $X in 2022 estimated in export price. Overall, production recorded a pronounced decline. The pace of growth was the most pronounced in 2015 when the production volume increased by 51%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Lcds And Plasmas Exports

Exports from Thailand

In 2022, shipments abroad of flat panel video monitor, lcd or plasma decreased by -9.9% to X units, falling for the fourth year in a row after five years of growth. In general, exports, however, showed a noticeable increase. The pace of growth was the most pronounced in 2016 when exports increased by 57%. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, LCDs and plasmas exports skyrocketed to $X in 2022. Overall, exports, however, saw a resilient expansion. The growth pace was the most rapid in 2016 with an increase of 31%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X units) was the main destination for LCDs and plasmas exports from Thailand, with a 36% share of total exports. Moreover, LCDs and plasmas exports to the United States exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X units), threefold. Germany (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (+95.8% per year) and Germany (+131.6% per year).

In value terms, the United States ($X) remains the key foreign market for flat panel video monitor, lcd or plasma exports from Thailand, comprising 42% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports. It was followed by India, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+126.9% per year) and India (+22.5% per year).

Export Prices by Country

In 2022, the average LCDs and plasmas export price amounted to $X per unit, picking up by 36% against the previous year. Overall, the export price enjoyed a measured expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Mexico ($X per unit), while the average price for exports to Lao People's Democratic Republic ($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 Singapore (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Lcds And Plasmas Imports

Imports into Thailand

In 2022, purchases abroad of flat panel video monitor, lcd or plasma increased by 27% to X units, rising for the second year in a row after two years of decline. Overall, imports showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 92% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, LCDs and plasmas imports reduced slightly to $X in 2022. Over the period under review, imports saw strong growth. The growth pace was the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, China (X units) was the main LCDs and plasmas supplier to Thailand, with a 95% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 2.3% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +23.1%.

In value terms, China ($X) constituted the largest supplier of flat panel video monitor, lcd or plasma to Thailand, comprising 78% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 1.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +18.8%.

Import Prices by Country

In 2022, the average LCDs and plasmas import price amounted to $X per unit, reducing by -21.5% against the previous year. Overall, the import price saw a deep setback. The growth pace was the most rapid in 2021 when the average import price decreased by -6.4%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Taiwan (Chinese) amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.5%).

Source: IndexBox Platform

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