Thailand: Office Supply Market 2024

Office Supply Market Size in Thailand

The Thai office supply market dropped to $X in 2022, declining by -10.2% against the previous year. Over the period under review, consumption saw a mild shrinkage. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Office Supply Production in Thailand

In value terms, office supply production shrank to $X in 2022 estimated in export price. Overall, production saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 28% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Office Supply Exports

Exports from Thailand

In 2022, overseas shipments of office or school supplies of plastics decreased by -0.1% to X tons, falling for the seventh year in a row after four years of growth. In general, exports showed a abrupt decline. The growth pace was the most rapid in 2014 when exports increased by 7.2% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, office supply exports stood at $X in 2022. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 11% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for office supply exports from Thailand, accounting for a 49% share of total exports. Moreover, office supply exports to Japan exceeded the volume sent to the second major destination, Saudi Arabia (X tons), sixfold. Singapore (X tons) ranked third in terms of total exports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan totaled -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-2.1% per year) and Singapore (+5.0% per year).

In value terms, Japan ($X) remains the key foreign market for office or school supplies of plastics exports from Thailand, comprising 54% of total exports. The second position in the ranking was taken by Singapore ($X), with a 6.3% share of total exports. It was followed by Saudi Arabia, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value to Japan totaled -5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+6.5% per year) and Saudi Arabia (-1.8% per year).

Export Prices by Country

The average office supply export price stood at $X per ton in 2022, picking up by 2.4% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 37%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Saudi Arabia ($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 Australia (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Office Supply Imports

Imports into Thailand

In 2022, purchases abroad of office or school supplies of plastics decreased by -8.8% to X tons for the first time since 2014, thus ending a seven-year rising trend. Over the period under review, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, office supply imports fell modestly to $X in 2022. In general, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +13.5% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 18% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X tons) was the main office supply supplier to Thailand, accounting for a 96% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 0.8% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +7.5%.

In value terms, China ($X) constituted the largest supplier of office or school supplies of plastics to Thailand, comprising 84% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 2.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +3.4%.

Import Prices by Country

The average office supply import price stood at $X per ton in 2022, with an increase of 6.2% against the previous year. In general, the import price, however, recorded a pronounced contraction. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.1%).

Source: IndexBox Platform

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