Report Update Nov 1, 2024

Thailand - Machines for Mixing Mineral Substances With Bitumen - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Bitumen Mixer Market 2024

Bitumen Mixer Market Size in Thailand

After four years of decline, the Thai bitumen mixer market increased by 73% to $X in 2021. In general, consumption faced a dramatic decrease. Bitumen mixer consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Bitumen Mixer Production in Thailand

In value terms, bitumen mixer production stood at less than $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern.

Bitumen Mixer Exports

Exports from Thailand

In 2021, after three years of growth, there was significant decline in overseas shipments of machines for mixing mineral substances with bitumen, when their volume decreased by -14.2% to X units. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 11,850% against the previous year. As a result, the exports attained the peak of X units, and then dropped in the following year.

In value terms, bitumen mixer exports dropped markedly to $X in 2021. Overall, exports showed a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 777%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Myanmar (X units) was the main destination for bitumen mixer exports from Thailand, accounting for a 91% share of total exports. Moreover, bitumen mixer exports to Myanmar exceeded the volume sent to the second major destination, Malaysia (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Myanmar totaled +139.1%.

In value terms, Myanmar ($X) remains the key foreign market for machines for mixing mineral substances with bitumen exports from Thailand, comprising 94% of total exports. The second position in the ranking was held by Malaysia ($X), with a 6.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Myanmar totaled +67.7%.

Export Prices by Country

In 2021, the average bitumen mixer export price amounted to $X per unit, with a decrease of -15.9% against the previous year. In general, the export price recorded a significant decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 215% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Myanmar amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-21.7%), while the prices for the other major destinations experienced a decline.

Bitumen Mixer Imports

Imports into Thailand

Bitumen mixer imports into Thailand dropped dramatically to X units in 2021, shrinking by -70.9% compared with the year before. In general, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of 52%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, bitumen mixer imports surged to $X in 2021. Overall, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 76% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Japan (X units) constituted the largest supplier of bitumen mixer to Thailand, accounting for a 68% share of total imports. Moreover, bitumen mixer imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), threefold. India (X units) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan totaled -16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.2% per year) and India (-3.7% per year).

In value terms, the largest bitumen mixer suppliers to Thailand were China ($X), Japan ($X) and India ($X), with a combined 66% share of total imports.

India, with a CAGR of +147.7%, recorded the highest rates of growth with regard to 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

In 2021, the average bitumen mixer import price amounted to $X per unit, jumping by 360% against the previous year. Over the period under review, the import price enjoyed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 South Korea ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+60.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for mixing mineral substances with bitumen in the world?

The countries with the highest volumes of bitumen mixer consumption in 2021 were South Korea, Ukraine and Indonesia, with a combined 30% share of global consumption. These countries were followed by Croatia, Thailand, Brazil, Egypt, Turkey, Senegal, Kazakhstan, Spain, Micronesia and Romania, which together accounted for a further 28%.

What are the largest producers of machines for mixing mineral substances with bitumen in the world?

The countries with the highest volumes of bitumen mixer production in 2021 were South Korea, Germany and Turkey, together comprising 52% of global production.

What are the leading suppliers of machines for mixing mineral substances with bitumen to Thailand?

In value terms, the largest bitumen mixer suppliers to Thailand were China, Japan and Malaysia, together accounting for 75% of total imports.

What are the leading importers of machines for mixing mineral substances with bitumen from Thailand?

In value terms, Malaysia emerged as the key foreign market for bitumen mixer exports from Thailand, comprising 96% of total exports. The second position in the ranking was occupied by Italy, with a 2.9% share of total exports. It was followed by Spain, with a 0.6% share.

What is the average export price for machines for mixing mineral substances with bitumen in Thailand?

In 2021, the average bitumen mixer export price amounted to $434 per unit, dropping by -10% against the previous year.

What is the average import price for machines for mixing mineral substances with bitumen in Thailand?

In 2021, the average bitumen mixer import price amounted to $1,085 per unit, with a decrease of -12.7% against the previous year.

This report provides an in-depth analysis of the bitumen mixer market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28924070 - Machines for mixing mineral substances with bitumen

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023