Thailand: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Thailand

The Thai horizontal machining centre market rose slightly to $X in 2021, with an increase of 2.5% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Horizontal Machining Centre Production in Thailand

In value terms, horizontal machining centre production fell notably to $X in 2021 estimated in export price. In general, production, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 228% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then dropped dramatically in the following year.

Horizontal Machining Centre Exports

Exports from Thailand

After two years of growth, shipments abroad of horizontal machining centres for working metal decreased by -40.8% to X units in 2021. Over the period under review, exports, however, enjoyed temperate growth. The pace of growth was the most pronounced in 2020 with an increase of 61% against the previous year. As a result, the exports attained the peak of X units, and then contracted significantly in the following year.

In value terms, horizontal machining centre exports skyrocketed to $X in 2021. Overall, total exports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil (X units), Japan (X units) and Australia (X units) were the main destinations of horizontal machining centre exports from Thailand, together comprising 79% of total exports. These countries were followed by China, Turkey, Indonesia, the United States and Singapore, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +13.0%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) emerged as the key foreign market for horizontal machining centres for working metal exports from Thailand, comprising 75% of total exports. The second position in the ranking was taken by Japan ($X), with a 16% share of total exports. It was followed by China, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value to Brazil was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+1.0% per year) and China (-10.9% per year).

Export Prices by Country

The average horizontal machining centre export price stood at $X per unit in 2021, with an increase of 408% against the previous year. Over the period under review, the export price enjoyed modest growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Turkey ($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 Australia (+43.0%), while the prices for the other major destinations experienced a decline.

Horizontal Machining Centre Imports

Imports into Thailand

In 2021, after two years of decline, there was significant growth in overseas purchases of horizontal machining centres for working metal, when their volume increased by 16% to X units. Over the period under review, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2018 when imports increased by 41%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, horizontal machining centre imports shrank to $X in 2021. Overall, imports, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of 50%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Japan (X units) constituted the largest supplier of horizontal machining centre to Thailand, accounting for a 56% share of total imports. Moreover, horizontal machining centre imports from Japan exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. China (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan totaled -15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-11.8% per year) and China (+23.2% per year).

In value terms, Japan ($X) constituted the largest supplier of horizontal machining centres for working metal to Thailand, comprising 62% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 21% share of total imports. It was followed by China, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan amounted to -15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-12.5% per year) and China (+15.9% per year).

Import Prices by Country

In 2021, the average horizontal machining centre import price amounted to $X per unit, reducing by -21.5% against the previous year. Overall, the import price recorded a slight decline. The most prominent rate of growth was recorded in 2020 an increase of 28%. As a result, import price attained the peak level of $X per unit, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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