Thailand: Mattocks And Rakes Market 2025

Mattocks And Rakes Market Size in Thailand

The Thai mattocks and rakes market declined to $X in 2022, stabilizing at the previous year. Overall, consumption recorded perceptible growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Mattocks And Rakes Production in Thailand

In value terms, mattocks and rakes production fell to $X in 2022 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -21.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 97% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Mattocks And Rakes Exports

Exports from Thailand

In 2022, after two years of growth, there was significant decline in shipments abroad of mattocks, picks, hoes and rakes, when their volume decreased by -28.3% to X tons. Over the period under review, exports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, mattocks and rakes exports fell remarkably to $X in 2022. Overall, exports continue to indicate a mild reduction. The growth pace was the most rapid in 2021 when exports increased by 34%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Sri Lanka (X tons), Malaysia (X tons) and Saudi Arabia (X tons) were the main destinations of mattocks and rakes exports from Thailand, with a combined 61% share of total exports. Myanmar, the Philippines, Guatemala, Cambodia and Kenya lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +99.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), Malaysia ($X) and Saudi Arabia ($X) were the largest markets for mattocks and rakes exported from Thailand worldwide, together accounting for 57% of total exports. Myanmar, the Philippines, Guatemala, Cambodia and Kenya lagged somewhat behind, together comprising a further 26%.

In terms of the main countries of destination, Myanmar, with a CAGR of +105.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mattocks and rakes export price stood at $X per ton in 2022, surging by 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 23% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mattocks And Rakes Imports

Imports into Thailand

Mattocks and rakes imports into Thailand dropped notably to X tons in 2022, declining by -17.1% compared with the year before. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 73%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mattocks and rakes imports declined to $X in 2022. Overall, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 53%. Over the period under review, imports reached the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, China (X tons) was the main mattocks and rakes supplier to Thailand, accounting for a 93% share of total imports. It was followed by Malaysia (X tons), with a 2.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of mattocks, picks, hoes and rakes to Thailand, comprising 78% of total imports. The second position in the ranking was held by Malaysia ($X), with a 5.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +5.8%.

Import Prices by Country

The average mattocks and rakes import price stood at $X per ton in 2022, with an increase of 6.4% against the previous year. In general, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 54% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 Malaysia ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%).

Source: IndexBox Platform

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