Thailand: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in Thailand

In 2021, the Thai printers and copying machines market increased by 17% to $X, rising for the third year in a row after six years of decline. Overall, consumption, however, saw a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Printers, Copying Machines And Facsimile Machines in Thailand

In value terms, printers and copying machines production expanded markedly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 72%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from Thailand

In 2021, approx. X units of printers, copying machines and facsimile machines were exported from Thailand; increasing by 8.9% on 2020 figures. Overall, exports posted a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 124% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, printers and copying machines exports totaled $X in 2021. Over the period under review, exports, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by 124%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for printers and copying machines exports from Thailand, accounting for a 39% share of total exports. Moreover, printers and copying machines exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+11.1% per year) and Germany (+15.9% per year).

In value terms, the largest markets for printers and copying machines exported from Thailand were the United States ($X), Germany ($X) and Japan ($X), with a combined 65% share of total exports.

Germany, with a CAGR of +10.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average printers and copying machines export price amounted to $X per unit, shrinking by -5.9% against the previous year. In general, the export price recorded a deep slump. The pace of growth was the most pronounced in 2019 an increase of 32%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per unit), while the average price for exports to China ($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 the United Arab Emirates (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Printers, Copying Machines And Facsimile Machines

Imports into Thailand

After two years of decline, supplies from abroad of printers, copying machines and facsimile machines increased by 72% to X units in 2021. In general, imports saw a temperate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, printers and copying machines imports stood at $X in 2021. Overall, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of printers and copying machines to Thailand, with a 72% share of total imports. Moreover, printers and copying machines imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), sevenfold. The third position in this ranking was held by Vietnam (X units), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+19.3% per year) and Vietnam (-13.3% per year).

In value terms, China ($X) constituted the largest supplier of printers, copying machines and facsimile machines to Thailand, comprising 39% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 10% share of total imports. It was followed by the Philippines, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-15.8% per year) and the Philippines (+9.8% per year).

Import Prices by Country

The average printers and copying machines import price stood at $X per unit in 2021, declining by -40.6% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 28%. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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