Thailand: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Thailand

In 2022, the Thai market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids decreased by -2.8% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption posted a resilient increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Thailand

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids fell modestly to $X in 2022 estimated in export price. In general, production recorded pronounced growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 72%. Production of peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Thailand

Exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Thailand reduced to X units in 2022, shrinking by -10.8% on the year before. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when exports increased by 31%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids dropped markedly to $X in 2022. Overall, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2013 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Germany (X units), France (X units) and South Africa (X units) were the main destinations of exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Thailand, together comprising 47% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +83.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Thailand were France ($X), China ($X) and Lao People's Democratic Republic ($X), with a combined 43% share of total exports.

In terms of the main countries of destination, France, with a CAGR of +78.6%, 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 export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, with a decrease of -10% against the previous year. Overall, the export price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 105% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Germany ($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 Australia (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Thailand

In 2022, purchases abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by 6.2% to X units, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a mild decline. The growth pace was the most rapid in 2013 when imports increased by 51% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X in 2022. Over the period under review, imports, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2014 when imports increased by 171% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Thailand, accounting for a 74% share of total imports. Moreover, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from China exceeded the figures recorded by the second-largest supplier, France (X units), sevenfold. The third position in this ranking was taken by Denmark (X units), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+12.4% per year) and Denmark (+65.7% per year).

In value terms, China ($X) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Thailand, comprising 46% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Japan, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.0% per year) and Japan (-7.0% per year).

Import Prices by Country

The average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, reducing by -4.9% against the previous year. In general, the import price showed a mild curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 94% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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