Thailand: Remote Control Apparatus Market 2025

Remote Control Apparatus Market Size in Thailand

The Thai remote control apparatus market reduced remarkably to $X in 2021, declining by -89.5% against the previous year. Over the period under review, consumption continues to indicate a significant curtailment. 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.

Remote Control Apparatus Production in Thailand

In value terms, remote control apparatus production fell to $X in 2021 estimated in export price. In general, production recorded a slight downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 39% against the previous year. Remote control apparatus production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Remote Control Apparatus Exports

Exports from Thailand

In 2021, overseas shipments of radio remote control apparatus increased by 84% to X tons, rising for the fifth consecutive year after four years of decline. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 779% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, remote control apparatus exports rose notably to $X in 2021. Overall, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2017 with an increase of 637% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons), Vietnam (X tons) and Belgium (X kg) were the main destinations of remote control apparatus exports from Thailand, together accounting for 96% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +304.4%), while the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($X), Vietnam ($X) and Belgium ($X) constituted the largest markets for remote control apparatus exported from Thailand worldwide, together comprising 95% of total exports.

In terms of the main countries of destination, Indonesia, with a CAGR of +260.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average remote control apparatus export price stood at $X per ton in 2021, declining by -40.5% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 33%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-10.4%), while the prices for the other major destinations experienced a decline.

Remote Control Apparatus Imports

Imports into Thailand

In 2021, supplies from abroad of radio remote control apparatus increased by 34% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 118% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, remote control apparatus imports declined to $X in 2021. In general, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of 100% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of remote control apparatus to Thailand, with a 57% share of total imports. Moreover, remote control apparatus imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), fivefold. The third position in this ranking was held by Germany (X tons), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-15.4% per year) and Germany (-2.6% per year).

In value terms, China ($X) constituted the largest supplier of radio remote control apparatus to Thailand, comprising 46% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Japan, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.8% per year) and Japan (-23.7% per year).

Import Prices by Country

In 2021, the average remote control apparatus import price amounted to $X per ton, dropping by -33.8% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 27% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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